Thursday, May 7, 2020

Bvs Supply Chain Management Case - 983 Words

Nicolas Maalouf ID: 120265 International operation and supply chain management ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · Strengths: ï‚ · - BVS has assured its relative independence from its corporate ï‚ · parent in the US - number 2 in its field. ï‚ · - The hiring effort focused on scientists, and junior ï‚ · management. - Aggressive investment in Research; Strong and innovative ï‚ · RD Department. ï‚ · - Intensive growth in current sales and projected sales ï‚ · - Dynamic, entrepreneurial, and ambitious head of purchasing department and have an international experience. ï‚ · - High-tech machinery, BVS most advanced on the market.ï‚ · - BVS sustain good relations with their supplier. ï‚ · ï‚ · Opportunities: ï‚ · - Forceful investments in the pharmaceutical industry, ï‚ ·Ã¢â‚¬ ¦show more content†¦- The market was dominated by a handful of companies. The outer surroundings - the situation outside BVS Risks and Opportunities The case enlightens a main problem directly related to the process of manufacturing of new critical product; some delays in RD schedule due to the difficulties of supplying some key ingredients. That cut in supply chain can generate an immense disorder in expected figures; indeed the interruption can enlarge the valley between BVS and competitors especially Marbelpharm. In addition, serious risk can be in attendance if Wildgras may not satisfy BVS demand in the coming years or if the market can’t supply chemical materials necessary for production. In other hand, independency of BVS division is menaced and the Mother Corporation can take control of its management in order to adjust traditional management and deal with the situation in an American approach to hold back and resolve departments’ confrontation and accelerate the chain enrolment. If the new strategy helps for building-up the company, i n that case BVS can catch the booming market and the new cooperation with â€Å"WildGrass NJ† will generate a new era of prosperity and BIOLOGICAL VACCINE SCIENCE – BVS Michel Philippart 2012 International operation and supply chain management MIB 32 may work together on two new vaccines that improve BVS sales using young managers and researchers that can drive innovations safely from suppliers toShow MoreRelatedQuestions On Oil And Gas Management3223 Words   |  13 Pages DUNDEE SCHOOL OF BUSINESS DIVISON OF BUSINESS AND MANAGEMENT MSc. OIL AND GAS MANAGEMENT Student Name: HENRY ETHEKON YANAE Student Number: 1307728 Module Code: MT1135A Module Title: OIL AND GAS MANAGEMENT INDUSTRY Module Tutor’s Name: AVRAMENKO, ALEX DR. Title: AN ANALYSIS OF THE STRATEGIC DECISION MAKING ADOPTED BY EXAMINING FACTORS IN THE INTERNATIONAL ENVIRONMENT FOR TULLOW OIL PLC. TABLE OF CONTENTS 1. Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 2. CompanyRead MoreTrends In Automotive Industry Implication On Supply Chain Management2234 Words   |  9 PagesWhite Paper Trends in the Automotive Industry Implications on Supply Chain Management Author Michael Schwarz February 2008 Cisco Internet Business Solutions Group (IBSG) Cisco IBSG Copyright  © 2008 Cisco Systems, Inc. All rights reserved. White Paper Trends in the Automotive Industry Implications on Supply Chain Management Recent emphasis on global climate change is increasing pressure on automotive executives to make the right decisions in many areas, including RD and manufacturingRead MoreThe Role of Transport within the Supply Chain Essay1964 Words   |  8 PagesWhat is the role of Transport within the Supply Chain? 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Wednesday, May 6, 2020

Boston Beer HBS Case Free Essays

Disadvantages of an PIP The company will face underwriting costs associated with the PIP. A failed PIP could be costly both in financial assets and in firm reputation. Complying with regulatory reporting standards will create additional costs that are not present in a private company. We will write a custom essay sample on Boston Beer HBS Case or any similar topic only for you Order Now Incorporating the company may have negative tax implications for the current owners. Current shareholders who do not exit during the PIP will face severe dilution. Management control will decrease because of fiduciary duties to shareholders. This could conflict with the company’s product quality processes and result in a shift toward a short-term earnings focus. Conclusion Although their contract brewing model reduces expected capital expenditures, their labor and marketing intensive sales strategy will require substantial spending to expand into new markets. To meet projected growth, external funds will be needed. Raising these funds entirely from debt would create an unacceptable level of debt for a still growing company; thus equity funding is the preferred option. The company has reached a maturity point where equity can more easily and cheaply raised in public capital markets rather than through venture or private equity firms. Additionally, publicity room the PIP will help with brand recognition in new markets. Given the recent success of competitor Ipso and Boston Beer’s profit margin and growth potential, the risk of a failed PIP is minimal, and most current shareholders intend to sell shares in the PIP reducing dilution concerns. Boston Beer should proceed with the PIP. Question 3-5 (Exhibit 3)– – 1995 Pro Formal Net Sales: All pro formal sales rely upon the assumption that net sales as of September 30, 1 995 represent 75% of expected year-end revenue. Because the firm’s PIP will most likely have a more positive impact on Q sales than his estimate projects, if anything, the prices generated by our models are underestimated, not overestimated. Cost of Debt: BBC explains in its prospectus intent to extinguish outstanding debt carrying interest rates upwards of 1 1 . 5%. Based upon the firm’s low target leverage of 5%, low degree of operating leverage, and favorable credit history and financial outlook, the model assumes a cost of debt in line with AAA corporate debt at 7. 2%. This estimate seems reasonable and sensitivity analysis shows a 1% decrease in the forecasted share price requires at least a 2. % increase in the cost of debt. Risk Free Rate: The six-month and 30-year treasury rates given imply a fairly flat yield curve. Due to the relatively short forecast period and the short-term risk characteristics of this industry, the model uses the six- month rate as the risk free rate in calculating the cost of equity. 9 95 Net Working Capital Requirement: In order to calculate the change in NC over 1 996, the model assumes sass’s year-end NC is composed of the existing September 30, 1 995 balance plus Of fourth quarter net sales due to the firm’s rationalization strategy. CAP: Historical analysis shows an average 3. 3% capital intensity ratio. Based on a likely decrease in efficiency due to rapid expansion, the model forecasts a 3% capital intensity ratio–this includes restricted investments (Exhibit 1). Depreciation: Depreciation was not included in the calculation of free cash flows because net CAP was used. 1995 Value of Debt: Boston Beer’s debt is private, so the market value will be very similar to, if not exactly the same as, its book value. – –Question The underwriting prospectus for the PIP suggests a share price of $12. 50 per hare, which is the starting point for analyzing the different scenarios. In order to determine the scenario that was most realistic, we attempted to rule out the ones that were not and a summary of our analysis is found in Exhibit 4. 1) First we analyzed the information asymmetry in the PIP. The offering presents information about almost 1. 5 million shares offered in the PIP from current stockholders. It is unlikely that management are willing to offer shares at $12. 50 if the fair market value really is $29 per share, thus weakening the belief in the second scenario. 2) Analysts’ expectations and comparable metrics. Analys ts are generally very positive in regards to the Craft Brewing Segment, expecting continued growth in 1995. A conservative market share estimate of 5% of the total domestic beer market by 2000 compared to only 1. 4% in 1994. In addition, both Pet?s Brewing Company and Redbook Ale Brewery have recently completed successful Pip’s resulting in growing share prices. These factors both build up expectations for Bib’s upcoming PIP and are likely to be incorporated in Bib’s PIP price. This might mean that BBC will be trading at a slight expectation premium above what the fair value of the company is, thus strengthening the reliability of the first scenario with a stock price of $12. 3. In addition, by comparing PIE ratios of Pet’s Brewing Company, 1 00, and Redbook Ale Brewery, 36, with BBC for the three different scenarios weakens the third scenario because of an implied PIE ratio of 17. 9, which is below both of the two comparable companies. The first scenario giving an implied P/E ratio of 41. 9 and the second scenario showing an implied PIE ratio of 99. 9 are tooth around the two competitors’ PIE ratios, strengthening the plausibility of these scenarios when looking at the P/E ratio isolated. 3) We also used industry growth trends to compare the expected sales of BBC in 2000, considering a constant market share, to the 2000 sales forecasted in each scenario. The results allowed us to rule out the third scenario because the sales forecasted in 2000 are less than half of what we would expect with conservative assumptions of the craft industry growth. The other two scenarios were fairly close to the expected revenues in 2000. 4) The second scenario was ruled out when analyzing the growth trends of BBC in recent years. BBC has already undergone rapid growth and we expect that high growth phase to taper Off sooner rather than later. Ten more years Of high growth is unreasonable and unrealistic. Lastly, the second scenario can be ruled out again when looking at revenues projected for 2006. If the craft brewing industry grew to ten percent of the total domestic beer market by 2006, which is an aggressive assumption, then BBC would have to double its current percentage of market share in the craft industry. We also find that assumption fairly unreasonable due to the competitive nature of the craft industry now and into the future. How to cite Boston Beer HBS Case, Papers

Monday, April 27, 2020

The origins of English Drama Essay Example

The origins of English Drama Essay The Origins of Drama: an Introduction The word drama comes from the Greek meaning to act, do or perform, and It Is In the several subtle and diverse meanings of to perform that drama can be said to have begun. All communities accept that their later drama has roots in prehistory. Anthropologists have shown that primitive societies used (and in certain cases still use) role-playing in teaching the codes and behavior required to live and survive in that society; for example, to teach the skills needed in knowing what and how to hunt, the making and use of weapons and the rules of warfare. Performance could be involved in oral repetition to teach the laws and social customs, while enactment of mythical or historical episodes perpetuates and transmits what is thought important to maintain In the race-memory of the tribe. Most early societies lived by a seasonal cycle, a regular pattern allied to the movements of the sun or moon, and perhaps related to the movement of prey, or to seedtime and harvest, and drama was especially Important In devising rituals to deal with the Inexplicable, the changing seasons, the natural phenomena of night and day, or the waxing and waning of the non. We will write a custom essay sample on The origins of English Drama specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The origins of English Drama specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The origins of English Drama specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Without propitiation with certain symbolic ceremonial safeguards or sacrifices, the sun might not rise again, the crops might fail. All humankind has, and had, concerns with life and death and has evolved ceremonies and rituals to help deal with the perennial questions of where did I come from? and where do I go after death? These were usually answered by some kind of belief in an outside power, an almighty being or beings, to give the hope of an after-life, to avoid extinction at death. Thus the invention of gods happened to provide a liaison between this world and the ext and societal rituals would encompass Joy, hope, and renewal, or death, despair and foreboding. Omens became important and had to be Interpreted by wise men, perhaps Involving Impersonation, and disguise, In punctiliously performed ceremonies to appease or placate the gods. Rules for communal living would gradually be agreed: incest might be banned, but witchcraft allowed within given limits; murder be condoned for some offences but avenged for others. Most societies would include rituals of purification, perhaps for menstruating women or after childbirth, and ordeals for children to undergo in order to attain adulthood and acceptance into full membership of the community. And all this would be taught and learnt through oral tradition, through story-telling and through performances and enactments passed down from generation to generation. All societies seem to have had these ritual traditions in one form or another from which spoken drama often, but not always, emerged. It is these ritual and community roots that later dramatists have drawn on In trying to express humanity concern with life and death In both tragedy and comedy. In the early communities everyone was Involved In the drama f a ceremonial ritual, perhaps with Impersonation and Identification with priestly roles, or as characters depicted in enactments, or simply as celebrants but it was when the occasion became a performance by some in front of others as an entertainment. However since the sixteenth century, the two terms have become synonymous with both words loosely understood as meaning the representation of a story enacted by actors in front of an audience. Most communities have some mention of folk drama derived from oral storytelling becoming a narrative in dialogue, but by its nature oral storytelling is mostly unrecorded, and histories are parse and fragmentary. It is thought that music and dance associated with death and rejuvenation is represented in ancient Egyptian hieroglyphs from around BEECH but little more is known about Egyptian practices. Although Herodotus wrote about an Egyptian temple ceremony involving a mock battle, and implies this was an annual event, nothing is known about any spoken drama. In China music is believed to have existed in BEECH, scribes wrote of rituals and religious worship accompanied by music and dance from BEECH, and of emperors who were reproved for enjoying theatrical performances by actors. However, written classical Chinese poetic drama is only recorded from the sass BCC. In India the beginnings of spoken drama are uncertain but it is also thought to have derived from earlier dramatic dances and mimes related to ancient rituals and seasonal celebrations, and to have appeared about the same time as the Greeks began writing their plays. Some authorities suggest Indian dramatic writings were influenced by the influx of Greek culture after the invasion by Alexander the Great in BEECH. For Greece, and in particular Athens, is credited with the beginnings of performing plays in front of an audience as we understand them today. Greek Drama We have many of the texts of actual plays performed in Greece from around BEECH. Knowledge of them became widespread because European culture was founded on the classical authors of Greece and Rome. From the Renaissance until the twentieth century a formal education in a European school was based on, or at least included, Latin authors such as Virgil and Cicero, and plays by Seneca and Terrace. The Greek texts used included stories from The Iliad and The Odyssey by Homer; and many of the plays first performed centuries before by Aeschylus and Aristotelian, Sophocles and Meander, as well as the writings of philosophers like Plato and Aristotle. The performances of plays in the Greek culture were as part of a religious festival not in the sense of a ritual offering of an art in the form of drama but as a celebration with and for the god. Slowly the drama was becoming theatre with the God as the most important spectator. Usually, but not exclusively the performance was for the god Dionysus, and it is believed the theatre developed from the Dionysian cult- festivals and the seasonal celebrations and rituals for crop sowing and harvesting. Some of the earliest representations of theatrical performance from the 6th century BCC show actors dressed as animals or birds. We know a little of how Dionysus may have been worshipped from Aristotelian play Chariness in which he mocks a peasant familys Dionysian feast. They recite a prayer and then the family walks in the sacrifice, a slave carrying a phallus, the father singing a bawdy phallic song, the wife watching from the house roof. This gives us prayer, a procession, the diathermy (a certain kind of rough lyric verse) and the sacrifice, which may have originally been a man but later became a goat and then fruit or other foodstuff. Occasionally the procession was combined with the symbolic wedding of the wife of a leading citizen to Dionysus in the temple. Dionysus was represented in person at this time as a bearded long-haired mature man with two little horns on his forehead as a sign of unbounded energy. This later became a sign for adultery. The crown of ivy and the burgeoning thirsty (a ritual staff of narthexs or fennel twined with and vine leaves and capped with a pine cone) showed he was not affected by seasonal changes. In procession he was preceded by virgins and followed by Bacchanals dressed as satyrs in goatskins, or in wine-stained garments and with faces smeared with wine dregs. Some of the Bacchanals represented the dead with horrifying death masks and grave loathes. The popular name for the satyrs was traits, which means goat; they sang a tragic or goat song from which eventually came tragedy. Dramatic songs and dances were performed at the sacrificial site, the temple. In parallel with this solemn religious festival there grew up the comic phallic sports, with choruses of young men coming after the official procession, often in their chariots, singing improvised, witty, and probably bawdy, songs. The young men were called cosmos and their songs were called comedies. It is believed that drama developed from narrative songs in the diathermy verse, first even by a single person and later performed by a chorus. At first there was no identification of characters by separate voices but eventually a second voice was introduced and at least part of the sung narrative became dialogue. Thesis is credited with introducing this innovation and is by tradition considered the first actor. He was said to come from Scoria, which had links with the Dionysus legend. Dionysus is supposed to have been friends with Caries the King. Thesis is thought to have started in the provinces with a chorus, traveling with a cart on which he stood o give a solo performance in spoken verse independently of the chorus. The actor could play the hero or the god and the chorus respond as the soldiers or the worshippers or whatever was required by the story. And from this came the style of Greek tragedy with its use of a chorus and first one then two and then three actors playing the single voice parts, and the development of dramatic action. All this came about not solely for entertainment but for a religious festival usually in honor of Dionysus, although it is believed the acting troupes would travel the country and resent the plays for suitable occasions outside the actual festivals. We know there were earlier dramatists whose works have not survived, although some names such as Princess are known, but the first play texts we know of are by Aeschylus who was born in BEECH. Only some seven of Aeschylus plays have survived from what is believed to be a total of around seventy and it is not even certain which of his writings deserves the honor of having been shown first. There is scholarly debate as to whether it was Suppliants (Supplies) or The Persians works is The Roasters which is a complete trilogy presented at a festival for Dionysus n Athens in BEECH In the earliest plays the single voice is subordinated to the chorus and the story is told in the interchanges between him and the chorus, but Aeschylus added a second actor and then the two could address each other without the chorus. We know quite a lot about Aeschylus from an anonymous biography of uncertain date and uncertain sources. But some of the information is confirmed from comments by others. He was certainly honored as a great writer in his lifetime; his plays won the City Dionysian thirteen times, and some of those victories were after his death in BEECH. He said of himself that what he wrote were slices from Homer. He retired to Sicily and was buried at Gel with an epitaph he had composed: Here lies Aeschylus of Athens, son of Euphoria, who died in fertile Gel, and whose prowess the long-haired Made experienced on the celebrated battle of Marathon. The dramatists had to rehearse their own plays and usually took a part themselves so they had to be proficient not so much as actors but in singing and dancing, for this is how the plays were presented. Aristotelian, when he mocked Aeschylus in The Frogs, had him say that it was he who gave new poses to the chorus, and he is ported as being innovative in making the Nudeness (the Furies) in The Roasters rush disheveled into the orchestra. Sophocles, (chic- BEECH) for his part, was also reported to have been a fine singer and dancer. He added a third actor and limited the size of the chorus to fifteen, which increased the possibilities of conversational exchange. He was said to have introduced scenic decoration and dressed his actors in long-sleeved formal robes. There are seven surviving texts of his plays. These are more about characters such as Oedipus or Made in an overwhelmingly tragic tuitions than the explorations of wider moral dilemmas that Aeschylus wrote. There are nineteen plays by Euripides (chic- BEECH), which are different again from either of the others in his dramatic use of language but the themes of his plays are less powerful and at times almost incomprehensible. The best known are probably The Beach and The Trojan Women. We know less about the Greek comedies because few have survived but scholars have differentiated three kinds. Firstly the Old Comedy encompassed Aristotelian, and whilst it is certain there were others writing in the same style, only his works have survived. The characters in the Old Comedy are grotesques in bawdy, vulgar satire intermixed with buffoonery, but it is a genre especially distinguished by the use of the chorus who speak directly to the audience, a style called the parabolas. In the Middle Comedy chic-BBC there was more direct political reference, no parabolas and more colloquial language. Only fragments of these texts remain but they seem to have been more realistic and more domestic. Then around the time of Alexander, BEECH, the New Comedy appeared, as seen in the fragments of plays by Meander. The grotesques have gone, mythology has gone, the gods appear very rarely, and the masks, if they were still used, were more realistic. About 4000 lines survive from Meander. His plays are realistic in that there are familiar characters from everyday life with more emphasis on their human behavior and on the correction of social manners. Where the Greek dramatists were writing for festival presentation and the kudos that would ensue, the Roman theatre was commercial and the dramatists wrote for money or patronage. Phallus and Terrace adapted Greek originals. It is known that they used the plays of Meander, and others whose work has not survived, from the Greek New Comedy. The Roman writers kept the same kinds of metrical pattern for the dialogue, gave longer lines for chanting and lyric forms for the songs. They kept the Greek costume and masks and the basic types of conventional young men in love, a clever, tricky or sly slave, a pimp, a parasite a dirty old man, etc. At the same time in both Greek and Roman societies there was unliterary comedy. Burlesque farces from Meager in Greece, and influences from Southern Italy and Sicily, in Rome, which seem to have included music, comic songs, mime and dance. This genre was known as Fibula Telltale after the town Tattle. It is believed that the separate art of mime originated with this genre, but it also influenced the taste of the Roman audiences for grotesques and farce. So that there was reversion back to the Old Comedy in the adaptations Phallus and others made of the New Comedy to suit the taste of the Roman public. Phallus (chic-BEECH) certainly wrote for money. He went by the name of Titus Mucus (which meant Buffoon) Phallus (which meant flat-footed) but his original name is unknown. Its thought he was born in Umbra from where he went to Rome and worked as a stage hand and then as an actor, and eventually gained Roman citizenship. He wrote many popular plays, which are the earliest complete Latin literature that we have, and which are more or less in the form in which they were written. His plays were different from run-of-the-mill farces, although he had to broaden the Greek original and added elements from the Telltale farces and in a way ranged back to the style of Aristotelian. It is thought too that masks were used more than they had been in Meanders works. He adds scenes to his sources to allow for more tricks and deceptions, and often has many loose ends, but he has a verbal dexterity and plays with the language, using witty alliteration, assonance and bombast. He gave his audience sentimental realism and farcical burlesque and often mixes spoken colloquial dialogue with the lyrical. His characters have little development and rely upon usual stock types: the comic slave intriguing, blustering, impertinent, irascible old men and available women. There are no surprises; the audience knows what to expect, but Phallus extends theatrical technique by using comic irony more fully than Meander or Aristotelian. He lets his audience in on all the secrets from the beginning and then delights them with the mistakes the characters make because of facts not known to them but known to the audience. His lay Miles Glorious, about Pyrotechnics the Swaggering Soldier, has two plots and many loose ends. Money is usually important in his plays and he often mixes Roman attitudes, events or elements into a play nominally set in Athens, or, as this one, in Ephesus. But Phallus wrote for the masses, and the masses liked it. Terrace, who wrote cobble, was a much more literary writer. He came to Rome as a His master freed him and gave him his name, Eternities Afar. He aimed for the smile rather than the guffaw and his characters were usually the elegant men about Rome, conscious of their manners and annoyed by their elders old fashioned ideas. Although the setting might be elsewhere. For his plays differed from his Greek sources in that the manners and behavior were Roman with Roman attitudes to women and slaves, with lots of sentimental posturing. He used the same repertoire as Meander and the same stylistic conventions but he aims for greater realism and has less flamboyance than Phallus, with what we see as psychological analysis. His prologues also show him more at home with his masters friends, or at least with a more literate and thoughtful audience than Phallus. Perhaps not surprisingly his plays were not very popular with the general public in his lifetime but they have nice become most influential in the development of European drama. Seneca was the other Roman dramatist whose work has come down to us. He was born around BCC in Spain and lived under both Tuberous and Caligula. He offended Claudia and then later became tutor and adviser to Nero. He shows some inconsistencies in his writings and seems to have swayed with the current political wind. His plots are taken from Greek sources but there is no balance in his treatments, they are sensational and rhetorical rather than poetic, bathetic rather than pathetic, with little motivation or development of character. Nevertheless, some academic refuse to dismiss his work out of hand and suggest that he was deliberately writing grotesque parodies even travesties of the Greek models in a philosophical commentary on the sordid world in which he lived. It is thought his plays were not written to be performed but read and perhaps thus able to be more thoughtfully considered than would be the case in performance. Like Terrace he has helped to form later European drama and was particularly influential on the Renaissance dramatists. The term Renaissance is usually attributed to the nineteenth century Swiss art writer Jacob Bureaucrat in his book The Civilization of he Renaissance in Italy of 1860 and people have accepted his definition in hindsight. He set out the idea that there was an almost spontaneous re-birth in interest about the classics, in classical art and literature. But an earlier writer, in the sixteenth century, Giorgio Vassar, often seen as the Medici PR man for artistic affairs, wrote in his The Lives of the Painters, Sculptors and Architects around 1550:- about the rise of the arts to perfection, their decline and their restoration or renaissance. Historians are not agreed that one can set any specific dates for the Renaissance but t is usually agreed that a rural Medieval feudal society gradually changed to an urban mercantile society with more centralized political institutions, a commercial economy and growing lay patronage of the arts and music, sometime around the 14th century in Italy and this spread to rest of Europe through 16th and 17th centuries, and that this was a period of renewed interest in the arts of the classical past. There had been drama before this. There are records of popular comic theatre presented by traveling troupes, and of religious plays and theatrical celebrations at Christian festivals, although many clergy thought plays as such sinful. But much of plays written as a religious didactic tool used Roman forms. The Shimmering nun, Wraiths chic AD, modeled her plays on Terrace, while other religious plays have recognizable language from Latin writers. There were also theatrical representations or kinds of tableaux on a feast day or other special occasion. In Italy these were known as sacred representations and were often given by a confraternity. These used very elaborate staging effects of all kinds long before such settings were used in staging secular entertainments. However the start of an academic classical interest n theatre seems to have begun with the find of a manuscript copy in 1427 of some of the comedies of Terrace and Phallus which led to attempts to present these and other classical plays in what was thought to be the original manner. An Academy was formed in Rome by the scholar Julius Pompons Latest (1425-1498) a leading humanist, specifically to study and present ancient Latin plays, mainly those of Phallus. Oddly the most irreverent and bawdy of the Roman dramatists. Latest was fanatically devoted to what he understood by the customs of ancient Rome and even was said to refuse to learn Greek in case it spoilt his Latin. The Academy was oppressed by Pope Paul II in 1468 for its political aims and pagan spirit and Latest and his companions were imprisoned and tortured. But the interest in classical arts and literature continued and the translations into English of many Latin texts in the sixteenth century brought the plays to England, where the Elizabethan dramatists such as Marathon plundered the plots of Seneca. , or like Johnson tried to emulate his style. T. S Eliot wrote about SÃ ©ances influence on Elizabethan thought and said SÃ ©ances influence upon dramatic form, upon versification, and language, upon sensibility and thought, must in the end be all estimated together. And asserted that when an Elizabethan hero or villain dies, he usually dies in the odor of Seneca by which he seems to mean that, like Seneca, the Elizabethan heroes do not often have an honorable death but include disgrace, violation even dismemberment whether deserved or not. Aristotle taught that tragedy should purge humankind through pity for the protagonist and fear of our own weaknesses, but Seneca and his heirs showed that we are all guilty and we live in a world of cruelty and suffering. The gods could no longer be placated by dramatic ritual and ceremonies as in the origins of drama.

Thursday, March 19, 2020

The purpose of the risk descriptions study is to explore the risk predilection on the effectiveness of project software. The WritePass Journal

The purpose of the risk descriptions study is to explore the risk predilection on the effectiveness of project software. The purpose of the risk descriptions study is to explore the risk predilection on the effectiveness of project software. Abstract  Risk RecognitionsRisk Descriptions  Ã‚  Problems/Events of web software designing risks:1)  Ã‚  Ã‚  Ã‚  Ã‚   Inappropriate Designing:2)  Ã‚  Ã‚  Ã‚  Ã‚   Impracticable scheduling and budgetary planning:3)  Ã‚  Ã‚  Ã‚  Ã‚   Inadequate quality attributes verification and user satisfaction:  Ã‚  Risk Impact and Probability Ranking:Extenuation and Eventuality PlansRisk Extenuation/Mitigation Planning:   Eventuality/Contingency Planning:  Ã‚  Inappropriate Required Statements:Wrong Cost Estimation:High stress of users than expectation:Lack of use of Advanced Technology:  Lack of use of training on Equipments Inexperienced Staff:Budgetary Prepositions of Mitigation and Contingency Plans:1)  Ã‚  Ã‚  Web designing risk:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  2)  Ã‚  Ã‚  Scheduling and budgetary planning risk:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  3)  Ã‚  Quality and User Satisfaction Risk:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  RISKIT Analysis Graph: 1)  Ã‚  Ã‚  Web Designing Strategy:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  2)  Ã‚  Scheduling and Budgetary Planning :  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  3)   Ã‚  Quality attributes Customer Satisfaction:                                                                                                                                                                                                                    Ã‚  Ã‚  Valuable Risk Management Lifecycle:Appendix B: ReferencesRelated Abstract The delivery of comprehensive web software designing projects within the desired financial and quality attributes can be delayed on time due to the organizational problems, high rate of complexity and variable risks impacts in software project.   The supervision and development process of web software designing is more difficult. So, it is important that to specify and investigate these software risks within the proper assessment and management. In this paper, the analysis and assessment of these risks should be done by the using of probabilistic measurements. This analysis should be useful for the qualitative and quantitative measurements of risk in the web designing and implementation of effective risk management process.   Risk Recognitions Risks are future unsure tasks with a likelihood of incidents and a prospective for failure. Risk classification and management are the major anxiety in every software project. The effectual analysis of software risks assessment will be helpful for the competent planning and tasks of effort to classify risk attributes. There are aspects of risks in web software designing project, internal and external risks. The internal risks should be related to the risk issues within the organization and external risks are out of the organization and these are complicated to handle in project.   A web software projects also have a high degree of uncertainty due to the explicit requirements from end users side and modified technical qualities. So, the critical factors or risks that’s could affect the change of project phases and establishment area are as follows, Inappropriate designing, Impracticable scheduling and budgetary planning, Impracticable scheduling and budgetary planning and Ina dequate quality attributes verification and user satisfaction. The flow diagram of web software risks are given below Risk Descriptions The purpose of the risk descriptions study is to explore the risk predilection on the effectiveness of project software. The different level of risks planning and strategy is an important parameter that’s having a variable affects on project establishment/firm. So, the low level of risk strategies affects the expected outcomes due to unpredicted events. While high level of risk strategies should provide higher profitable outcomes. The different aspects and methodologies of risk specifications/Descriptions are as follows   Ã‚  Problems/Events of web software designing risks: The following events or problems of the web designing risks are as follows 1)  Ã‚  Ã‚  Ã‚  Ã‚   Inappropriate Designing: Incessant varying constraints A lack use of advanced technology Complexity in Implementation section Complicated project modules assimilation Failure to address priority inconsistency Failure to admit the responsibilities Inappropriate instructions, scheduling and communication between team members 2)  Ã‚  Ã‚  Ã‚  Ã‚   Impracticable scheduling and budgetary planning: Inadequate information of software tools A lack of project estimations Sluggish management life cycle Lack of budgetary resources Inadequate knowledge about technical equipments Inappropriate security plans Inadequate documentation of designing methodology 3)  Ã‚  Ã‚  Ã‚  Ã‚   Inadequate quality attributes verification and user satisfaction: Lack of observation and unrealistic changing Inadequate budgetary plans Wrong time changing in technology and management process Failure in financial planning A lack of commitment between end users and software developer Lack of project definitions and attributes Varying customer invention policies and priorities   Ã‚  Risk Impact and Probability Ranking: The probability and impact array shows a risk rating task for the identification of risks. Then each risk is rated according to its probability of incidence and impact upon purposes. The overall assessment of risk impact ranking show that the appropriate services level within the project is affected or stable. Risk: It is the product of probability and impact factor   Risk=Likelihood   Impact influence Probability: The chance of the risks/events occurring or not Impact: The outcomes/end result if the risk should be occurred The risk impact matrix definitions are Impact Criteria Impact Explanation Crucial (C) If the risk actions is occurred then project will collapse Severe (S) If the risk actions is occurred then project will be encounter, main portion of expenditure is increases Modest (Mo) If the risk events is happened then the project will be encounter, a modest portion of project expenditure is increases Minor (Mi) If the risk actions is occurred then the project will be encounter, a minute portion of project cost is increases Negligible (N)   If the risk actions is occurred then nothing will be changed in project   expenditure (Fig.2) The probability chart/array definitions are Probability Criteria Probability (%) Explanation 0-20 Rare chances that risk will occur 21-40 Improbable the risk will occur 41-60 Even Probably the risk will occur 61-80 To be expected that risk will occur 81-100    Extremely that risk will occur (Fig-3) The table of risk awareness area and risk conditions of the project gives the impact of risk occurrence which is useful to decide the overall efficiency of working. The table of risk impact in different dimensions is given below   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Risk Severity Table Risk Numbering    Risks    Probability (%)    Impact    Intensity    (R1) Poor mission strategy and Targets 15 C Low      (R2) Poor decision-making Management Support 25 S Medium      (R3) Lack of Customers Participation 12 Mi Low      (R4) Lack of Technical Knowledge 40 C Medium      (R5) Unclear statement of requirements objectives 65 S High      (R6) Lack of project scheduling estimating 42 Mo Low    (R7) Lack of advanced Technology use 75 C High      (R8) Lack of Managerial Experience 62 Mo High    (R9) Lack of communication gap b/w staff members, stakeholders and end users 70 C Medium    (R10) Lack of budgetary Supply Planning 60 S High    (R11) Lack of key Stakeholders involvement 35 Mi Low    (R12) Customers unconvinced at project deliverance 40 Mo Medium (Fig-4) The risk impact and probability ranking graph/chart is based on the two fundamental dimensions of risk. In this graph, the risk that will be occurring is plotted on the abscissa (x-axis) and impact of risk on ordinate (y-axis). By the using of these two measures, risks are plotted on the graph. This scenario provides a swift and apparent vision of the priorities that should be needed in each stage. Then we decided that what contingency plans should be needed to handle and managed the meticulous risk areas. The fundamental structure of the risk impact and probability ranking graph is shown below Risk impact and Probability Ranking Graph                                                                                                                                                                                                                                                               Ã‚  Ã‚  (Fig.5)                                       Ã‚  Ã‚  Ã‚  = Low         Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   = Medium = High Extenuation and Eventuality Plans Risk Extenuation/Mitigation Planning: The risk extenuation is the technical strategic/sub process of risk management to address the risks that occurred in an organization/project. The purpose of risk mitigation is to identify the risk factors in the organization and operational system, measure their effects and reduce these risk factors before the implementation of project. The risk mitigation is the systematic technique that used by the management team to minimize the risk factors and stabilized the project strategy and plans. The risk extenuation planning can be achieved by the using of following methodology options: Risk Postulation: In this, accept the risk with the consideration of eventuality planning and continue operating system of development to minimize the risk up to standard intensity. Risk Evading: In this, avoid the risk by the eradicating of risk factors and use alternative approaches to reduce the risk at lower level. Risk Mitigation: Reducing the probability and impact factors by the using of different methodologies and continually check the circumstances of risk conditions. It includes the appraisals, surveys, risk avoidance milestones etc. Risk Transference: In this, transfer the risk to other party when an opportunity of risk reduction is available. Risk Rescheduling: In this stage, rescheduling all portion of project strategy. So that risk level is less likely to take place.    Eventuality/Contingency Planning: The eventuality planning is logical approaches of risk management to identify the risk impacts that take place in project. The contingency strategy can be used before and after the occurrence of risks. The contingency planning should be reliable when the following aspects should be considered: Analyze which key risks are potential and jeopardize the project. Prioritize the risks in the conditions of their intensity. Analyze which risk events are under control and which ones are out of control. Evaluate the contingency planning on those risk events that are under the supervision of management team. The risk extenuation and eventuality planning flowchart is shown below (Fig.6) (Fig.6) Therefore the proposed extenuation and eventuality strategies of the selected risks within the project is as follow   Ã‚  Inappropriate Required Statements: This type of risk is a major factor that affects the project scheduling, quality attributes and budgetary plans. Such type of risk is preventable if the proper mitigation tasks should be utilized and these are 1)  Ã‚  Control the comprehensible understanding of stakeholder’s requirements. 2)   Built up the communication system and reduce the gap between customers and project members. 3)   Split up the end users into different categories according to their field of interest. 4)  Deliver clear feasibility requirements to end users and stakeholders throughout project. 5)  Provide a workshop of group based requirements and design technique to the end users, stakeholders and project members. Wrong Cost Estimation: Adequate cost estimation is the major problem in the web software planning process. The precise cost estimation is the valuable success factor in the software planning as well as in risk development cycle. The cost estimation of software planning depends upon three factors a) Individual exertion                                                                                                                                                                                                                                      Ã‚   b)   Time interval                                                                                                                                                                                                                                                                          Ã‚   c)  Ã‚  Ã‚  Budgetary resources  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The mitigation and contingency strategies of such type risk are as follows 1)  Ã‚  Reduce the wrong cost estimation risk by the suitable selection of best cost estimation model in earlier time.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2)  Ã‚  Use Empirical Cost Estimation (ECE) and Analytical model to minimize and control the inappropriate investment.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   3)  Ã‚  Provide an appropriate size method of conclusion b/w current and past projects.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   4)  Ã‚  The selected cost estimation model and complexity of projects should be explained to the stakeholders.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   5)   Hire experienced cost estimators that avoid the complexity of project cost before starting.                                                                                                                                                                                                                                                                      6)   When the duration of the project unknown then squeezed down the project activities into significant path.                                                                                                                                                                                                                                                                         7)  The project manager should visualize the cause of delay and discussed with stakeholders and team members for alternative route.                                                                                                                                                                                                                                                                            High stress of users than expectation: Such type of the risk impact is avoidable and having a less impact intensity on overall progress. The behavior of end users in sometimes is variable and creates problems in the development of project. Their mitigation strategies are as follows 1) Built up the generous level of communication and understanding b/w customers and deliver clear features of requirements. Then the unrealistic stress b/w users and staff members are controlled.                                                                                                                                                                                                                                                                           2)  Ã‚  Provide a non serviceable prototype to end users if they are overexcited in the progress of project.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Lack of use of Advanced Technology: This type of the risk factor create a difficulties in operation section and such type of factor is occurred due to the following technical issues 1)  Ã‚  Inadequate sources of skilled equipments for explicit technology.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2)  Supplementary funding is required.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   3)  Failure to evaluate the maintainability.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   4)  Client conflicts for the technology.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The mitigation strategy of such type of situations is as follows 1)   Select the appropriate use of technology according to the condition of project in the starting time so that all issues should be considers in mean time.                                                                                                                                                                                                                                                                       Ã‚   2)  Ã‚  Ã‚  The association of best technology use should be carried out through the project.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The association of best technology use should be carried out through the project. 3)  Ã‚  The key stakeholders of the project should be familiar to the use unambiguous technology.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Lack of use of training on Equipments Inexperienced Staff: The impact of such type of risk is minor and remunerated by the using of different techniques. The impact of such type of risk factor is not transferred to the next stages. But develop a short duration of delay. Their mitigation strategies are as follows 1)  Ã‚  Ã‚  If an appropriate funding is not available then project manager should negotiate with less experienced staff with supplementary training.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2)   Ã‚  The slack activities can be used in the next stage of training.                                                                                                                                                                                                                                                                     Ã‚   3)  Ã‚  Ã‚  Select a careful consideration of staff member’s selection.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  consideration of staff member’s selection. 4)  Ã‚  Ã‚  The experienced staff should be selected for significant task and they make sure that no delay is probable during the project process.                                                                                                                                                                                                                                                                        Budgetary Prepositions of Mitigation and Contingency Plans: In this process, the budgetary analysis of all resources, implementation control of project aspects and possible mitigation contingency feasibility reports should be conducted for the purpose and establishment of financial circumstances. The budgetary prepositions analysis can be qualitative/quantitative and utilized for the purpose of risk reduction in different level of project stages. So, the Expected Monetary Vale (EMV) can be used for the measurements of budgetary prepositions of mitigation and contingency plans. (EMV) is the product of likelihood risk occurrence and monetary outcome of risk occurrence. Mathematically, It can be expressed as EMV=Probability (P)     Monetary Outcome (O) The EMV of the project can be calculated by using this expression P (EMV) =Project expenditure + Risk Impact cost Occasion probable cost Where Project expenditure: Preliminary estimated cost of the project Risk Impact cost: The cost for the reduction of probability/Impact of project risks   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Occasion probable cost: The cost cover risk that occur during the project In this process, risk is directly proportional to cost and inversely proportional to profit. On other hand, the probable occasion is directly proportional to profit and inversely proportional to the cost.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   According to web designing process of project InterLinc, the budget descriptions for web server, internet services, client training, networking server, information support centre, quality assertion etc are given below Budget Summary Services Estimated Budget for Services ($) Quality Assurance 6500 Web Server Web Training 22000 Network Server 19800 Web Browser Access 38400 Telecommunication Services 45625 Customer Training Services 4456 Miscellaneous Services 14165 Total Cost 150946      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   (Fig -7) Now, the expected (EMV) of mitigation and contingency plans for the avoidance of risks from web software project is shown below EMV Budgetary Summary Risks No. Risk Conditions P (%) O ($) EMV ($) R1 Lack of use of Advanced Technology 0.75 67500 50625 R2 Lack of training on equipment Inexperience staff 0.65 4850 31528.9 R3 Wrong Cost estimation 0.42 58602 24612.84 R4 End users dissatisfaction 0.12 3560 427.2 R5 Inappropriate Supply requirements 0.55 21280 11704 Total 118897.94 (Fig-8) Risk Management Techniques The main objective of risk management techniques is to identify the potential/hazard risk factors on the point of view of their technical management aspects before they take place in the project. There is lots of techniques methodology that manage the risk factors within the project but we have to discuss only two of them. Ishikawa/Fishbone Diagram:                                                                                                                                                                                                                                                        Ã‚   Fishbone diagram is also called cause and effect diagram. This diagram are use to explain/analyze the causes and effects of risks that occur in the organization/project. The fishbone diagram for the effects and causes of risks within the project are given below 1)  Ã‚  Ã‚  Web designing risk:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   (Fig.9) 2)  Ã‚  Ã‚  Scheduling and budgetary planning risk:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   3)  Ã‚  Quality and User Satisfaction Risk:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     RISKIT Analysis Graph: The RISKIT Analysis Graph is a diagrammatical formulation that can be used to identify the different features of risk factors that are more officially. This method is look like a tool that provides a link of communication during risk mitigation and contingency planning.   The RISKIT Analysis Graph is useful for the decomposing of potential risks process into well defined elements. The diagram of their different elements are shown below The RISKIT Analysis Graph for the selected risk factors, causes and effects within the project are given below 1)  Ã‚  Ã‚  Web Designing Strategy:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2)  Ã‚  Scheduling and Budgetary Planning :  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   3)   Ã‚  Quality attributes Customer Satisfaction:                                                                                                                                                                                                                    Ã‚     Valuable Risk Management Lifecycle: The risk management life cycle is designed for the quick response of risk in the organization/project. So, the valuable management lifecycle of the RISKIT Analysis Graph is given below Appendix A: Table of Figures                                             Figure 1: Risk Classification Figure 2: Impact Criteria Figure 3: Probability Criteria Figure 4: Risk Severity Figure 5:   Risk Impact and Probability ranking graph Figure 6: Risk Mitigation Plan Figure 7 8: EMV Budgetary Summary Figure 9 to 11: Fishbone Diagram Figure 12 to 15: RISKIT Analysis Graph Figure 16: Risk Management Lifecycle Appendix B: References Kwak, Y Stoddard, J 2004, Project Risk Management,5th ed. Technovation: 915-920. Boehm, B.W 1991, Software Risk Management, New York: McGraw-Hill, Vol.41 pp. 32-41. Han, W Huang, S. 2007, An Empirical Analysis of Risk Components and Performance on Software Projects. Systems and Software, Vol.80, pp.42-50 Sengupta, B Chandra, S 2006, A Research Agenda for Distributed Software Development. Shanghai: ACM. pp. 731 – 740 Offut, J 2009: Quality Attributes of Web Software Applications, IEEE Software, vol19, pp. 25-32. Keshlaf, A Hashim, K 2000, A Model and Prototype Tool to Manage Software Risks, IEEE Computer Society. pp. 297–305. Charette, R 1989,Software Engineering Risk Analysis and Management, New York, McGraw-Hill. pp. 10-15. Sommerville, I 2004: Mitigating Risk with effective requirements, New Jersey, pp 12-28. Boehm, Barry W. 1997, Introduction to Software Risk Risk Management, viewed on 20 April 2011, baz.com/kjordan/swse625/intro.html. Booker, G.2003, Software Project Risk Management Organization, INFO 638, Lecture #2, Drexel Univ., viewed on 25April 2011, http://users.snip.net/~gbooker/INFO638/lect2.ppt. Hashemian, V.2003, The Riskit Method for Software Risk Management, Univ. of Waterloo, viewed on 6 May 2011, cs.uwaterloo.ca/~apidduck/CS846/Seminars/vahid.pdf. Hall, Elaine M 1998, Managing risk: methods for software systems development, Addison-Wesley, Reading, Mass. Joyce Statz, Don Oxley Patrick OToole 1997, Identifying and Managing Risks for Software Process Improvement, Crosstalk, pp. 13-18.

Tuesday, March 3, 2020

The Number of Countries in the World

The Number of Countries in the World The answer to the seemingly simple geographical question of How many countries are there? is that it depends on whos doing the counting. The United Nations, for example, recognizes 241 countries and territories. The United States, however, officially recognizes fewer than 200 nations. Ultimately, the best answer is that there are 196 countries in the world. Heres why. United Nations Member States There are 193 member states in the United Nations. This total is often cited inaccurately as the actual number of countries in the world; its inaccurate because there are two other members with limited status. Both the Vatican (officially known as the Holy See), which is an independent nation, and the Palestinian Authority, which is a quasi-governmental body, have been granted permanent observer status at the United Nations. These two entities can take part in all official UN activities but cannot cast votes in the General Assembly. Likewise, some nations or regions of the world have declared their independence and are recognized by a majority of UN member states yet are not part of the United Nations. Kosovo, a region of Serbia that declared independence in 2008, is one such example.   Nations Recognized by the United States The United States officially recognizes other nations through the State Department. As of May 2018, the State Department recognized  195 independent countries around the world. This list reflects the political agenda of the United States of America and its allies. Unlike the United Nations, the United States maintains full diplomatic relations with Kosovo and the Vatican. However, one nation is missing from the State Departments list that should be on it. The Nation That Isnt The island of Taiwan, formally known as the Republic of China, meets the requirements for an independent country or state status. However, all but a handful of nations refuse to recognize Taiwan as an independent nation. The political reasons for this date back to the late 1940s, when the Republic of China was ousted from mainland China by Mao Tse Tungs communist rebels and ROC leaders fled to Taiwan. The communist Peoples Republic of China maintains that it has authority over Taiwan, and relations between the island and mainland have been strained. Taiwan was actually a member of the United Nations (and even the Security Council) until 1971 when mainland China replaced Taiwan in the organization. Taiwan, which has the worlds 29th-largest economy, continues to press for full recognition by others. But China, with its growing economic, military, and political clout, has largely been able to shape the dialogue on this issue. As a result, Taiwan cannot fly its flag at international events such as the Olympics and must be referred to as Chinese Taipei in some diplomatic situations. Territories, Colonies, and Other Non-Nations Dozens of territories and colonies are sometimes erroneously called countries but dont count because theyre governed by other countries. Places commonly confused as being countries include Puerto Rico, Bermuda, Greenland, Palestine, and Western Sahara. The components of the United Kingdom (Northern Ireland, Scotland, Wales, and England) are  not fully independent countries, either, though they do enjoy a degree of autonomy. When dependent territories are included, the United Nations recognizes a total of 241 countries and territories.   So How Many Countries Are There? If you use the U.S. State Departments list of recognized nations and also include Taiwan, there are  196 countries in the world. The same number is reached if you count the UN voting members, its two permanent observers, and Taiwan. This is why 196 is probably the best current answer to the question.

Saturday, February 15, 2020

Bishop, V. (1998) suggests that effective clinical supervision needs a Essay

Bishop, V. (1998) suggests that effective clinical supervision needs a managerial commitment to its implementation and ongoing operation. Discuss and describe how you might gain this - Essay Example ever, a majority ÃŽ ¿f school counsellors do not receive adequate supervision; indeed, many are supervised by school administrators who are not trained in counselling (Roberts & Borders, 1994; Sutton & Page, 1994). The American Association ÃŽ ¿f Counselling and Development School Counselling Task Force (1989; now ACA) has declared a need for counselling supervision ÃŽ ¿f practicing school counsellors (hereafter referred to as clinical supervision). However, there are few studies on the effects ÃŽ ¿f clinical supervision on veteran counsellors ÃŽ ¿f any type (Bernard & Goodyear, 1992) and even fewer on school counsellors. Research on the effects ÃŽ ¿f clinical supervision on school counsellors is rare (Crutchfield & Borders, 1997; Roberts & Borders, 1994; Sutton & Page, 1994). Just one ongoing clinical supervision program ÃŽ ¿f school counsellors was found in a literature search, but other than informal comments from the participants, the authors did not report formal evaluation findings (Henderson & Lampe, 1992). Two peer group, clinical supervision programs have been described and tested in the literature: Borders (1991) Systematic Peer Group Supervision and Benshoff and Paisleys (1996) Structured Peer Consultation Model for School Counsellors. When compared with no supervision, the quantitative research findings on both programs were not significant (Crutchfield & Borders, 1997). The counsellor participants in Crutchfield and Borders (1997) study were provided few opportunities for supervision training, and their involvement in clinical supervision was limited to the duration ÃŽ ¿f the study. As a consequence ÃŽ ¿f the lack ÃŽ ¿f clinical supervision programs and research, there was a call for school systems to design and examine methods ÃŽ ¿f school counsellor supervision. Recent Counsellor Educators and Supervisors Network (CESNET) exchanges underscore the necessity and the complexities ÃŽ ¿f establishing clinical supervision ÃŽ ¿f school counsellors. In a December 1998 article in

Sunday, February 2, 2020

Juvenile justice Thesis Example | Topics and Well Written Essays - 3250 words

Juvenile justice - Thesis Example It is strongly felt that the best institutions that could try child or juvenile offenders need to be Juvenile Courts, and not adult Courts. This is because of the two principal reasons: 2. At their tender age, what is more important is the ability of the system to take correctional and rehabilitative measures to bring the offender back into the mainstream in order to do productive and useful work in future. By incarcerating the child to jail sentences, their future lives are spoiled and even after their sentences are completed, it may be too late to being them back into the mainstream of social life, and thus, later, they would prove burdens for themselves and society and may indulge in large-scale criminal activities due to non-correctional measures. Children and juveniles are not in a position to offer strong defense in adult courts of law because of their cognitive disabilities and other limitations because of which their position would be marginalized in adult Courts and they would not be in a position to defend themselves as well as they could possibly be able to do in Juvenile Courts, which would need to take more compassionate perspective of their crimes and misdemeours and pass judgments, based on individual characteristics of the crime and perceived 'child criminal. The aspect of children being tried in adult Courts is a social problem and s... Judgments need to be based on rehabilitative and correctional therapy and not designed to be punitive based. The aspect of children being tried in adult Courts is a social problem and sociologists, child behavioral specialists and child psychologists need to feel the responsibility of ensuring that the incidence of such cases are kept to the minimum. However, when one has to judge the severity of the crime, especially murder or rape, there needs to be a greater degree of autonomy to be granted to the legal process in trying such serious offenses and meting out punishment to the offenders, whether under-age or adult. This research study would take up the matter of trying children and its short and long-term implications upon society. The research question is: Should children or Juveniles be tried in adult courts Literature Review: In order to understand the progression of this hypothesis, it is necessary to go back to history. The aspects of juvenile Courts are a recent phenomenon. During the 18th Century, an offender who was above 7 years of age would be treated as adults. It was believed during that time that children below 7 years lacked moral capacity, and was thus devoid of giving consent. It has been documented that, before the 20th Century, 10 children below 14 years of age were awarded capital punishment in US for committing heinous crimes. (Stolba, 2001). The combination of child offenders with adult criminals in prison settings created social unrest, so much so that the "Society for the prevention of juvenile delinquents " was formed in 1925. With the primary objective of rehabilitating juvenile offenders. Since the majority of