There’s a lot of excitement about Bitcoin and cryptocurrencies. Optimists claim that Bitcoin will fundamentally alter payments, economics, and even politics around the world. Pessimists claim Bitcoin is inherently broken and will suffer an inevitable and spectacular collapse. Underlying these differing views is significant confusion about what Bitcoin is and how it works. We wrote this book …
This text is aimed at students of economics and the closely related disciplines of accountancy and business, and provides examples and problems relevant to those subjects, using real data where possible. The book is at an elementary level and requires no prior knowledge of statistics, nor advanced mathematics. For those with a weak mathematical background and in need of some revision, some…
The work of the National Research Council’s Committee on Oversight and Assessment of U.S. Department of Energy Project Management can be traced back to 1998, when there was a one-person report by Lloyd Duscha, Assessing the Need for Independent Project Reviews in the Department of Energy. His report led to expansion of the agency’s external review process and changes to it. In the wake of …
This report is the second in a series of three annual assessments of project management at the U.S. Department of Energy (DOE). The first annual report assessed progress through mid-2001 (NRC, 2001b), and this report continues the assessment through October 2002. The assessments are being made by the National Research Council’s (NRC’s) Committee for Oversight and Assessment of U.S. Departm…
This book is about the management of business processes. This is certainly not a new topic. Since the beginning of the Industrial Revolution, it has been written about from every possible point of view - economic, sociological, psychological, accountancy, mechanical engineering and business administration. In this book, we examine the management of business processes from the perspective of…
In response to a directive from the Committee of the Conference on Energy and Water Development of the 105th Congress (U.S. Congress, 1999), DOE requested that the National Research Council (NRC) appoint a committee to review and assess the progress made by the department in improving its project management practices. The NRC appointed the Committee for Oversight and Assessment of U.S. Departm…
Most extant knowledge management systems are constrained by their overly rational, static and acontextual view of knowledge. Effectiveness of such systems is constrained by the rapid and discontinuous change that characterizes new organizational environments. The prevailing knowledge management paradigm limits itself by its emphasis on convergence and consensus-oriented processing of informatio…
Systematic, well-designed research provides the most effective approach to the solution of many problems facing highway administrators and engineers. Often, highway problems are of local interest and can best be studied by highway departments individually or in cooperation with their state universities and others. However, the accelerating growth of highway transportation develops increasingly …
Hydrology is a branch of scientific and engineering discipline that deals with the occurrence, distribution, movement, and properties of the waters of the earth. A knowledge of hydrology is fundamental to water and environmental professionals (engineers, scientists and decision makers) in such tasks as the design and operation of water resources, wastewater treatment, irrigation, flood defence,…
If any phrase characterizes the hospitality and tourism industry today it would probably be “constantly changing.” Worldwide recessionary conditions, globalization, industry-wide focus on sustainability and corporate responsibility are just some of the forces converging and resulting in widespread change. The result is an industry that requires future leaders in hospitality and tourism …
The focus of this book has been on routine health unit-based information systems. Routine health information systems, more than nonroutine methods such as surveys or rapid assessment methods, are the main data source in most countries. Yet they have the infamous reputation for producing a plethora of irrelevant or low-quality data. Therefore, most health managers, as a rule, do not use the…
Projects are, more than ever, a fact of life for voluntary organisations. Changing patterns of funding, particularly the impact of the Community Fund, mean that it is becoming ever more common for agencies to develop their work and secure funding by developing specific projects. Funders in their turn are asking for details of how projects will be managed, with some beginning to expect agencies …
We are in the midst of a swiftly moving river of technology and business innovations that is transforming the global business landscape. An entirely new Internet business culture is emerging with profound implications for the conduct of business. You can see this every day by observing how business people work using high-speed Internet connections for e-mail and information gathering, portable …
The concept of governance is not a new one but nowadays we hear words as corporate governance, organizational governance or good governance frequently. Actually corporate governance or, as defined in ISO FDIS 26000, organizational governance is the system by which an organization makes and implements decisions in pursuit of its objectives. Simply put “governance” means: the process of decis…
The business application of Management Information System has expanded significantly over the years. Technology advances have increased both the availability and volume of information for managers and the decision makers for both planning and execution. Decision makers require information to assess and monitor performance at all levels of the organisation. The new role focused on developing bus…
The Project Management Institute (USA) in the Guide to the Project Management Body of Knowledge (PMBOK) defines a project as “A temporary endeavour undertaken to create a unique product or service”. (PMI 2000) Typically a project is a one-time effort to accomplish an explicit objective by a specific time. Unlike an organisation’s ongoing operations, a project must eventually come to a c…
You’ve already got an understanding of the basic project life cycle, and we’ve just talked through some of the underlying principles of project management. But I bet you’re itching to actually do something. In this chapter, we’ll talk about the work that comes before the project life cycle—finding possible projects, working out which projects are worth pursuing, and getting to know th…
Managers need to understand why people behave as they do. To get things done through other people, you have to know why they behave in a certain manner. Understanding past behaviour is also important in itself for developing human skills. Understanding why people did what they did yesterday enables a manager/supervisor to predict how they are likely to behave tomorrow, next week, and next mont…
The purpose of risk management training is to raise basic awareness of risk management concepts and mechanisms, to enable participants to identify and manage risks in their own units and to strengthen project management through adequate forward planning of potential risks. The half-day training module on risk management introduces the defi nition of risk and the purpose of risk management …
The purpose of this thesis is to study the issues surrounding whether DoD can successfully mandate its supplier base adopt Total Quality Management (TQM) , or an equivalent quality-oriented management philosophy. Hewlett-Packard and Motorola, Inc., two firms currently requiring their suppliers adopt a quality-focused management philosophy, were studied. The researcher determined that DoD coul…