An Agile Methodology and a More Traditional Approach Essay

An Agile Methodology and a More Traditional Approach - Essay Example I have categorized these factors into project size and duration, the risk involved and people.   One major shortcoming of the agile approach is project size. Project size comprises of elements such as the budget of the project, the project’s duration and the organization of the project team. A large team or huge budget means that the project is big and therefore requires more resources, workforce and general coordination of all these elements. The traditional approach to project management methodologies aids these process by providing plans and facilitating more detailed documentation for better advances communication and ease of coordination.   According to the book, ‘Project management fundamentals: key concepts and methodology’ â€Å"There is a limit to the size of the problem that can be solved with a given number of people† (Haugan, 2011). Haugan goes ahead to show the existing relationship between methodology and communication. A cording to him, the level of methodology rises with an increase in the number of people. The mobile phone company seems to have a number of stakeholders in the management of the project, therefore, in this case, I would advise ten to use the traditional approach. However, if the people involved are less than forty, they should consider using the agile approach. When it comes to making a decision in regards to project duration, since the project needs fast completion, it is advisable for the mobile company to use agile methodology because traditional methodologies involve lengthy outputs (Goodpasture, 2010).   The company also has to consider customer adaptability to the new product as another great factor in deciding what approach to use. In the agile approach, the customer has the ability to evaluate the progress of the software and alter the direction of the software development.

Globalization Essay Example | Topics and Well Written Essays - 500 words - 16

Globalization - Essay Example The entrepreneurial leadership of emerging markets like China and India have greatly contributed to the changing equations. Indeed, the developing clusters of high technology business are comparable to Silicon Valley. So I believe that in the next ten years, one of these clusters in China and India could seriously jeopardize the status of Silicon Valley. Technology hubs in Bangalore in India and around Tsinghua University in China are fast acquiring credibility in the global market. HSBC claims that ‘growth among emerging markets will mean that by 2030, half of the world’s main trading nations will change what they export’ (2013). 20% of global R&D spending is made by China and India (Berger, 2012). Both the countries have significantly increased their R&D capabilities to deliver highly innovative products across different segment to compete in global market. These are hugely critical statistics that indicate the changing dynamics of the economic power wielded through technology and expanding knowledge base. The technology hubs in these countries are responsible for their countries’ growing economic power in the global market. They are rapidly increasing their database of skilled workers and professionals by developing world-class educational institutions and opening new opportunities for them to experimen t with new ideas. Infosys in India and Lenovo in China are important entrepreneurial ventures that have made considerable impact on the changing map of political economy. Another very important fact is that both the countries have introduced reforms in their economies to allow foreign investment. This is big step because it helps to transfer and share knowledge which further boosts their performance and gives them distinct leverage in the new scenario of shifting powers. Elliot (2006) says that America is looking

Read three questions and then write an essay Example | Topics and Well Written Essays - 1250 words

Read three questions and then write an - Essay Example Besides, high risk is also attached with most form of securities that has been traded in the financial market, thereby , analysis of the movement of pricing and market trends remains highly important prior to undertaking any investment decision (Gitman, 2008). The environment of stock market and stock pricing is highly volatile, which led to significant difficulty in taking sound investment decisions for the investors where they need to consider the risks involved and the return combination at large. Additionally, the technical measure also plays an important role in predicting and analysing the movement of stock in future. The relevance of technical tools and measure has been studied in various literatures in quantifying the pricing movement of stock markets. Besides, in the presence of the aspect of technical measure, investor can be able to look forward and take effective buying and selling decision. Thus, the approach of technical supervision in the security market helps to provide opportunity to the investor to make high profitability through analysing the trend of the share prices (Vashishtha & et. al., 2013; Brownlees & et. al., 2012; Christiansen & et. al., 2012). In order to take the profitable position in the stock market, determining the possible movement of pricing of the security is highly important through using appropriate technical analysis. Thus, in this essay in order to determine appropriate investment plan for Brett Daly, two approaches of measuring the security pricing movement including Stock’s relative strength index (RSI) and moving average method have been used for determining the Nautilus security movement RSI, measures the speedily movement of pricing on the index of 0 to 100 whereas, moving average method is used to measure the pricing trend-followed as per security based on previous prices (Milionis & Papanagiotou, 2011; University of Rhode Island,

Nature of employment relationship Essay Example | Topics and Well Written Essays - 2000 words

Nature of employment relationship - Essay Example Since 2002, SABB has implemented a strategic plan called "Putting Customers First". Under this plan, customers would be the primary focus of the bank instead of giving more priority to products and services. The plan called for a total internal re-organization of the Bank to train employees to be focused and to align the delivery of its services to both corporate and personal customers (SABB 2002: 14). SABB's confidence that the plan will deliver benefits to its customers, the shareholders, and the Bank as part of its vision to be the leading financial services group in Saudi Arabia is shown by the successful increases in net income from SAR 830 million to 2.5 billion, assets from SAR 41.92 to 65.9 billion, and deposits from SAR 31.5 to 48.5 billion from the end of 2001 to the end of 2005 (SABB 2006: 16-17). SABB is the leading provider of value added and innovative Islamic financial product and services in Saudi Arabia. This is achieved while following principles of Shari'a whose core investment and market guidelines are to follow the Islamic Shari'a, honesty and integrity, professionalism, strong customer focus, and excellent reputation (SABB, 2006: 9). The main reason is that SABB is a service organization that relies on customer contact and satisfaction for its business. It will be successful if the customers of the Bank are happy with how the employees perform their work of service. This is why employees have to be first satisfied with their relationship with the Bank, because if they are not, this lack of satisfaction will be reflected in poor service quality to the customers. Poor customer service quality results in poor performance, because customers will not deposit their money in the Bank or buy the financial services that the Bank offers. The need for quality customer service is the main reason why the Bank put into effect their "Putting Customers First" strategic plan. Research has shown that in service companies like retail banks, the quality of the customer relationship can give the bank an advantage over its competitors by attracting more customers (Keltner 65-68). The Bank's customer relationship strategy requires that it upgrades its employment relationship to help bank employees to meet the different needs of its customers, not only for personal banking products and services but for the Bank's more profitable private, corporate, and investment banking products and services. Like other banks all over the world, most of its low value-added transactions like cash deposits and withdrawals, bank balance inquiries, questions about basic products and services are all done through Automatic Teller Machines, Telephone Banking, widely available Point of Sale (POS) terminals in retail outlets all over the Kingdom, and the Internet where it is cheaper to deliver the service. The cost to the Bank is lower because technology is used to serve customers by processing their transactions (Morisi 32). This will allow high value-added services like private, investment, and corporate banking to be transacted face-to-face in the Bank's branch network. The use of technology allows the Bank to reach more