Nobody downloaded yet

Project financing and risk management - Essay Example

Comments (0) Cite this document
Project Financing and Risk Management Table of Content: 1. Executive Summary 2. Introduction and Background 3. Problem Statement 4. Literature Reviewed 5. Proposed Strategy 6. Objectives 7. Proposed Scope 8. Proposed Budget 9. Risk Mitigation 10. Glossary of Terms 1…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Project financing and risk management
Read TextPreview

Extract of sample "Project financing and risk management"

Download file to see previous pages The risk teams work extremely hard to help to maintain the reputation as well as financial performance of the NCB Jamaica Ltd ? and also ensure that the bank functions responsibly and assists the business to grow in a meaningful and sustainable way. As corporate responsibility has turned out to be the ‘buzzword’ in the banking business, banks are being forced to enthusiastically engage in providing to sustainable development? given their intermediate position in the financial system. The primary objective of this study is to recognize various risks? particularly the strategic risks faced by the banking industry and how to mitigate them. Strategic risk take place from the inability of an institution to execute suitable business plans and strategies, resource allocation after making apt decisions and its incapability to adjust to the changes occurring in its business environment. It is very important for banks to be serious in improving, measuring and reporting their risks as well as goals and objectives of their organization? as they will ultimately be bound to fight on benchmarking with competitors. 2. Introduction and Background. Jamaica is the third major island in Caribbean. National Commercial Bank Jamaica Ltd. (NCB Jamaica) is Jamaica's major provider of the financial services with 37.5% marketplace share by assets of the profitable banking sector. NCB offers a wealth of financial services in the course of its network of 42 locations and more than 170 ABMs island wide. These services consist of savings accounts and chequing, facilities of the credit card, commercial and personal loans, insurance, and wealth management. National Commercial Bank Jamaica Limited, jointly with its subsidiaries, offers different financial banking and products and services primarily in Jamaica. “National Commercial Bank Jamaica Limited reported consolidated earnings results for the fourth quarter and year ended September 30, 2012. For the quarter, the company reported net profit of JMD 2,685,498,000 or JMD 1.10 per basic and diluted share compared to net profit of JMD 4,616,324,000 or JMD 1.87 per basic and diluted share a year ago”. The First Caribbean International Bank is a major Caribbean banking unit with assets in excess of US $9.5 billion and it is the second major institution among public traded financial organizations in the area with a market capitalization of above US $2 billion. The fundamental strategic principle of NCB Jamaica philosophy includes taking into account the interest of the stakeholders, customers, employees and their satisfaction. Strategic risk is a function of: • A bank’s strategic aims • Strategies of business developed in order to accomplish the goals • Resources set up in search of these aims and the superiority of implementation • Resources required accomplishing both tangible and intangible business strategies It consists of channels for communication, delivery networks, managerial capacities and capabilities and operating systems. The internal characteristics of an organization must be assessed against the impact of competitive, technological, economic, and regulatory and the other environmental changes. Strategic risk may occur due to several factors. “The primary risk to inflation in the 2011/12 financial year is the exchange rate and the pass through effect on prices if there is accelerated depreciation. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Project financing and risk management Essay Example | Topics and Well Written Essays - 3500 words”, n.d.)
Retrieved from
(Project Financing and Risk Management Essay Example | Topics and Well Written Essays - 3500 Words)
“Project Financing and Risk Management Essay Example | Topics and Well Written Essays - 3500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Project financing and risk management

Risk financing and portfolio management

...and the price rises, then he will be better off. However, if the investor fails to hedge against price declines and the price ends up declining, then the investor runs the risk of losing all or some of his/her investment in the stock. Consequently, strategies have been developed which enables investors and portfolio managers to hedge against the risk that the price of a stock might fall. This can be done using calls, puts, and option spreads. A call option is a contract between two counterparties which gives the holder of the option to buy the underlying asset at a specified price at a specified date. Since the holder of the option has the right to buy the asset or stock, contract is...
10 Pages(2500 words)Essay

Project Risk Management their curricula. (Carden and Egan, 2008, p. 310) In a project life cycle, we have a project manager, the customer, and the contractor. Moreover, before making decisions, we have to establish calendars. This has to be constantly consulted to see if the team is working as scheduled. This essay is about project management of an information technology application. There are many risks involved in information technology of an organization. The problem is IT security. The aim of this project management is to find a solution to the risks and threats in an information system of a particular...
8 Pages(2000 words)Coursework

The Financing and management of risk

...? The Financing and management of risk Contents Contents 2 STARBUCKS: Business model 4 Operational risks and potential impact on the overall businessmodel 7 Stakeholder group analysis in respect of risk exposure to Starbucks 10 Employees 10 Shareholders 11 Subsidiaries 11 Management 12 Risk Management tools and techniques 12 Avoidance 13 Acceptance 13 Prevention or control 14 Diversification 14 Financing 14 References 16 Bibliography 18 STARBUCKS: Business model Starbucks is a coffee company having global presence and based out of Seattle, Washington in American. The American coffee...
12 Pages(3000 words)Essay

Financing and management of risk

...? Financing and management of risk Contents Contents 2 ROYAL MAIL: Business model 3 Evaluation of risk exposures of Royal Mail 4 Stakeholder group analysis in respect of risk exposures 5 Employees 5 Shareholders 6 Subsidiaries 6 Management 7 Risk management tools and techniques 8 References 10 ROYAL MAIL: Business model Royal Mail is a postal service company owned by the government of UK. Royal Mail offers postal service in Great Britain and Northern Ireland and also engaged into worldwide parcel services. Royal Mail Holdings Plc. has the ownership of Royal Mail Group which offers postal services and...
6 Pages(1500 words)Essay

Project management risk management

...11.06.06 Project Management/Risk Management At times we realize the planning in advance for the uncertain events of our life. Just as we plan for unforeseen events in our life, project managers also need to prepare for uncertainties affecting their project. All project management skills of a project manager can fall flat in the face of uncertainties and unplanned problems. Any project can encounter uncertainties in the form of increased costs, schedule delays and diminished qualities. Unless tackled these uncertainties can lead to major...
5 Pages(1250 words)Essay

Project Management Risk Management

...Risk Template Risk Management plays one of the most important roles in the overall project management. It is often argued that the project managers forget to include the risk element into the overall project management and often face situations for which they are unprepared to deal with. In order to effectively control the project, it is of great importance that the project managers must clearly identify the risks before starting the project and outline their responses against the various...
6 Pages(1500 words)Essay

Risk Management & Project Management

...Uncertainty is defined as an absence of information, knowledge, or understanding regarding the outcome of an action, decision, or event. Risk is actually a measure of the amount of uncertainty that exists. Risk is directly tied to information. Risk is lower with more information and higher with less information. Risk relates primarily to the extent of the ability of a project manager to predict a particular outcome with certainty. The effects of risk can be positive or negative. Positive effects of risk are often referred to as opportunities. Threats are the negative-or "downside"-effects of...
2 Pages(500 words)Essay

Project Risk Management

...Project Risk Management The essay aims to address a two-fold objective to wit to discuss the importance of Monte Carlo techniques and (2) to explain the Risk Response Matrix using information from outside sources. Project Risk Management 1. When using the Monte Carlo technique, why are the "inputs" so important? Monte Carlo is a method that provides approximate solutions to a mixture of mathematical equations using statistical sampling experiments or also known as statistical simulation methods. The method makes use of sequence of random numbers to complete the simulation and probability to solve the problem. Therefore,...
1 Pages(250 words)Assignment

Personal Risk Management Project

...The family and their risk management Solution a) the principal (P) = $3,500 + 50% of $3,500 = $5250 The rate(R) = 8% Time(n) = 20 years Using Amount(A) = PRn = 5,250(1.08)20 = $24,470.0 Solution 1 b) Human life value of Sarah Smith = 55% of $90,000 and Interest rate is 5% = $16,36765 Solution 1 c) benefit per month = $814 Benefit for 120 months ( Future Value) = $814 x 120 = $97,680 PV = FV/(1+r)n Where r = 6% and n = 10 PV = 97680/1.0320 = $54,083.05 Solution 1 d) Bobs’ should take a policy higher the $50,000. considering his income and future inflation the insurance cover should be his average income divided by 8% added to his outstanding mortgages... . The...
2 Pages(500 words)Speech or Presentation

Project management: Risk management

...Project management: Risk management  How the process will be implemented The process of designing the entire house shall be followed by the real actualization of the project. The process of digging the site will usher in the eventual building. The building will start with the foundation structure, which lays the basis upon which the entire structure shall revolve around. The tunneling of trenches shall be followed by the erection of walls and roofs. The walls shall be plumbed with proper sheathing as the roofs are competently fitted into convenient trusses (Reinhardt, 2008).  After the completion of the foundation, proper design shall be carried out to...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Project financing and risk management for FREE!

Contact Us