In response to demands and opportunities of the labor market, contemporary employers and employees voluntarily are entering into highly customized agreements regarding nonstandard employment terms. We refer to such idiosyncratic deals as “i-deals,” acknowledging that these arrangements are intended to benefit all parties. Examples of i-deals include an employee with highly coveted skil…
This part introduces the readers to Continuous Risk Management and how to use this guidebook. Chapter 1 focuses on why Continuous Risk Management is important, why people don't do risk management, and the costs and benefits of performing risk management. The chapter ends with a discussion of the principles of Continuous Risk Management. Chapter 2 focuses on how this guidebook is organized a…
If one word could describe the essence of project management it is responsibility. The project manager (PM) is responsible for all that happens on a project. This doesn’t mean the project manager should or could do everything associated with the project; it does mean the PM owns ultimate responsibility for the project, regardless of who is on the project team and regardless of the obstacles…
Blood transfusion is an essential part of modern health care. Used correctly, it can save life and improve health. However, as with any therapeutic intervention, it may result in acute or delayed complications and carries the risk of transmission of infectious agents, such as the human immunodeficiency virus (HIV), hepatitis viruses, syphilis and Chagas disease. Yet transfusion-transmissi…
As a substantial part of the health budget in many countries is used to purchase pharmaceutical products, procurement of drugs is obviously a crucial function. Various types of tender mechanisms as well as direct procurement are described and discussed. A good way for small procurement agencies to ensure product quality is to conduct restricted tenders to which only prequalified suppli…
The idea for this research project into the costs of procurement in the construction industry was born at a time of great interest throughout the industrialized world in the development of innovative working practices in the management of the commercial processes of the construction industries. The new thinking included new methods of financing projects, such as the development of PFI (PPP)…
It is difficult to overemphasize the importance of the historical role that military procurement has played in the process of technology development. Knowledge acquired in making weapons was an important source of the industrial revolution. To bore the condenser cylinders for his steam engines, “Watt had to turn to John Wilkinson, a cannon-borer, who had invented the one machine in all En…
The recent decade has witnessed a growing interest in using public procurement to spur innovation and development. An increasing number of governments are claiming that public procurement—often worth of 10–30 % of a country’s GDP as exemplified by European Union member countries (EC 2011b)—should be used more extensively and explicitly to promote innovation, technology, and economic…
The International Conference on E-procurement was organized by the Asian Development Bank Institute (ADBI), the Public Procurement Service of the Republic of Korea (PPS) and the Economic and Social Commission for Asia and the Pacific (ESCAP) with the support of the Korean IT Industry Promotion Agency (KIPA), Korea Information Strategy Development Institute (KISDI), Samsung SDS Co., Ltd., M…
This chapter deals with the introduction of electronic procurement in the public healthcare domain. After a brief discussion on the healthcare spending characteristics and on the suitability of e-procurement tools in the public sector, the long-lasting experience of e-procurement implementation promoted by an Italian Local Healthcare Public Agency is described. This initiative included some …
In these Briefings,I noted the change in the UK’s position and role in world affairs from the 1960s to the 1990s. I noted the changing function of the MoD (and its predecessors),over the centuries, from producer to procurer of arms and equipment. I examined the effect of the aggressive policies introduced by Sir Peter Levene as Chief of Defence Procurement in 1981. His value-for-money ini…
Public procurement is the process whereby government bodies purchase from the market the goods, works and services that they need. Whether buying paper clips, commissioning major projects for the construction of hospitals, schools or offices, or procuring multimillion-pound IT and communications systems, the authorities in question are participating in the public procurement market. It is …
The business world is full of endless opportunity to make it big, or crash and burn. Small businesses crop up every day, but very few of them last to see a second anniversary, even when their basic idea was a good one. In this world, the difference between success and failure is in knowing how to work the numbers. Those who learn to unlock the secrets of nancial statements win; those who muddl…
This book is a selection of papers presented to the international conference ‘‘Highways: Costs and Regulation in Europe’’, held in Bergamo on the 26–27 November 2004. The Conference was organised by the University of Bergamo, and sponsored by the European Investment Bank. We found that there are so many challenging and controversial issues with motorway finance in Europe that it …
This is a new book on Project Procurement Management ...well sort of. A decade ago my son and I wrote a book on this same subject which was entitled Subcontract Project Management: Subcontract Planning and Organization. Our book covered the subject of Project Procurement management, but it was targeted specifically to the aerospace and defense industry.
Does my procurement organization already employ best-in-class practices, sophisticated tools with the right talent, and the necessary formal and informal cross-functional linkages? Some 50 to 90 percent of the companies that answer this question will respond “no.” On the one hand, this realization is a good indication of readiness for change and the acceptance that development is neede…
Crash Course is not an accounting textbook. We believe that standard accounting texts make the subject inaccessible for the nonaccountant. This is a crash course, born out of years of our experience training students and professionals who need to learn accounting quickly in order to understand financial reports, perform financial analysis, and speak the language of business. Our trainees come f…
Organisations are devices for creating value through the effective use of resources. While they need to create value for all contributors of resources, a premium is placed on value creation for customers and shareholders. After all, an organisation is unlikely to be able to offer inducements to other resource contributors if it does not provide value to its customers. Also, shareholders are awa…
In 2000, the World Health Organization (WHO) acknowledged the need to further explore the relationship between health and the economy by setting up the Commission on Macroeconomics and Health (CMH). One of the main conclusions of the work of CMH was that investing in health could not only be of intrinsic value but could in addition produce important economic gains. In response to the growing …
This book explains the methods used in accounting and business valuations by using the fictional story of a new start-up business, from original concept to eventual acquisition. Enamoured with entrepreneurial spirit, a business woman buys her family’s secret salad dressing recipe from her brother and sets up a business. Chapter 1 illustrates double entry bookkeeping and how to prepare a Tri…
There are very few studies showing the exact number of not-for-profit (NFP) organizations in existence in the United States. The reason for this is the enormous diversity in legal structure, type of activities performed, and level of tax exemption and reporting that NFP organizations encompass. The few studies that have been performed show the number of NFP organizations has grown almost expone…
When the first edition of this book was published, nearly fifteen years ago, I began my preface by noting the growing importance of exchange rates in a world of increas- ing globalisation. A lot has happened to change the world’s financial landscape in that decade and a half. Perhaps the most notable events have been the establishment of the European Monetary Union, and the dramatic changes i…