Nobody downloaded yet

Control projects, capital management, risk management and evaluation - Essay Example

Comments (0) Cite this document
Summary
This paper sets out to explain the recent developments that occurred within the organisation with the implementation of the 1 Boral Health Safety Management System. The question is by introducing the one system throughout the business, can the system be equipped in this strategy to meet the challenge?…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
Control projects, capital management, risk management and evaluation
Read TextPreview

Extract of sample
"Control projects, capital management, risk management and evaluation"

Download file to see previous pages inciple of using this technique concept was used as a tool towards initiatives of standardisation and certification of OHSM systems that complied with the Australian and International standards. In Australia, harmonised occupational health and safety in all States was introduced with the Act and Regulations coming into force in 2012. Under the Act, an employer has an obligation to ensure the health and safety of each of the employer’s workers at work and of others who may be adversely affected by the work being undertaken, including the working environment, systems of work, plant, and substances. The employer must provide information, instruction, training and supervision. In addition an employer needs to monitor the health and safety of employees, manage information, and records relating to work-related injuries. There are also provisions relating to consultation with workers, according to Hopkins (2005) workplace safety requires employers to maintain a safe workplace, so far as reasonably practicable in the language to reduce risks to a level that is as low as reasonably practicable. This approach according to Hopkins (2005) was recommended in the Robens report in 1972, with the Robens conjecture being adopted in many jurisdictions. This paper has addressed the requirements of WBL 8020 (2) units. Beginning with an introduction of the developments of the standard 1 Boral OHSM with reference to the implementation of the concept of a conceptual framework that outlines and presents a preferred method in categorising risk strategically and objectively in business activities. The core elements of the system have been introduced in the (Appendix power point), with the concept of the system being discussed. This paper has addressed some of the preconditions for successful...
The purpose of this paper is to examine courses of actions and implementation in a conceptual framework that outlines and presents a preferred approach in categorising risk strategically and objectively in our organisational enterprise activities. This paper will venture in constructing a reflective consciousness of the existing risk measures taken when developing and implementations of the strategy process of endorsing our company moving to a single Health and Safety System that will provide a standardised robust HSE system that can be embedded at all National BCM Boral operational sites and offices. The project was to develop one safety management system throughout the Company nationally. The strategy piloted 5 different sites incorporating the BCM business units of the Company (Asphalt, Quarries, Concrete and Logistics) in New South Wales incorporating all business units of BCM Boral operations of the company, determining how safety is managed throughout the business. Feedback was required from personnel from these sites to make necessary changes to the system. The implementation of a National safety management system was undertaken in four phases that was used as an outline for evaluating the effectiveness of project implementation.
• Phase one (1) involved planning of OHS National Safety management system.
• Phase two (2) focused on reactive safety management processes.
• Phase three (3) focused on predictive and proactive safety management processes.
• Phase four (4) focused on operational safety assurance. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Control projects, capital management, risk management and evaluation Essay”, n.d.)
Retrieved from https://studentshare.org/marketing/1396549-control-projects-capital-management-risk-management-and-evaluation
(Control Projects, Capital Management, Risk Management and Evaluation Essay)
https://studentshare.org/marketing/1396549-control-projects-capital-management-risk-management-and-evaluation.
“Control Projects, Capital Management, Risk Management and Evaluation Essay”, n.d. https://studentshare.org/marketing/1396549-control-projects-capital-management-risk-management-and-evaluation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Working Capital Management
...? Working Capital Management Working Capital Management The aim of this paper is to show what working capital management is in the context of a financial institution. The paper will also demonstrate how management of an organization can control the working capital so as to maximize profitability. The paper will look at the different advantages that are accrued by financial institutions in relation to their account receivables and their loan lending capacities. It will look at the financial growth and maturity of Citibank Indonesia, and the various strategies incorporated to deal with sovereign...
15 Pages(3750 words)Essay
Risk and Quality Management
...References……………………………………………………………………………………14 9.0 Introduction By definition and ISO 9000:2005 recognition, quality is the degree to which a set of variables has the ability to meet the required standards. Risk can be simply defined as the possibility of failure. The Risk management is the continuous process of identifying, prioritizing and eliminating potential sources of failure to reach preset objectives. Operational risks that risk managers seek to minimize eliminate or control is enterprise risk, project risks and process risks. (Perkins, 2011) Literature...
12 Pages(3000 words)Essay
Financial Risk Management
...and complex method of risk control and risk taking. Recommendation: ?       The management of risks should necessarily be in concurrence with the business plan of the organizations. ?       Describe the determination of risks in each business and constantly across the organization. ?       Set off business for risk management, at the point adjacent to the possibility of risk. ?       The financial institution should increase measurement and record measures suitable to business practices. ?       Set up broad risk management method to evaluate...
11 Pages(2750 words)Essay
Risk Management
.... Risk management This is a part as crucial as the risk identification itself. Often failures at this point can cost the organization lots of money and time. Risk management involves determination of the appropriate control tools as well as the appropriate responses towards dealing with the emerging or risks or their impact whenever they occur. Risk management involves risk quantification where there is an evaluation of risks as well as the risk’s interactions as a means of assessing range of possible project...
10 Pages(2500 words)Essay
Management of Software Projects -2
...? Project Management Methodologies CRITICAL ASSESSMENT OF PROJECT MANAGEMENT FRAMEWORKS Two project management standards are currently beingutilized for implementation of successful projects known as a Project Management Professional (PMP) and Project in Controlled Environment 2 (PRINCE2). In order to implement one of the project management standards in an organization, it is pertinent to critically review and evaluate both standards. The document presents an introduction to the project...
12 Pages(3000 words)Essay
Risk management essay question
...in place to handle risks and minimize losses. It is not possible to totally eliminate all risks, so good risk management develops awareness of risks when times are good, and perpetuates regulations and self-control during crises (Raz and Michael 2001). The benefits of risk management can be both long and short term. Accordingly, each stage of risk management efforts beginning from risk identification and evaluation and formulating alleviation or improvement strategies has its own benefits (Miller 1992). Question 2: Compare and contrast...
12 Pages(3000 words)Essay
Risk Management - International Trade
...The Case for Using Australian Risk Management Standard on UK Construction Projects Introduction With the onset of the ever dynamic world, international trade could never have been more different. Growing opportunities give rise to increased challenges. The world is getting smaller by the hour, and more and more accessible markets are ever evolving. At the same time, variables increase in multitude that make this situation ever more complex. In such a time, any country wishing to formulate trade links within the domains on another country has to make a very thorough analysis. A market evaluation becomes imperative in order to ascertain the best course of actions for both countries in general, and the investor in specific. Wikipedia explains... , may...
12 Pages(3000 words)Essay
Risk Management
...of the event so that there would not be a breakdown in continuity. The security & safety unit has been detailed on the steps to be taken in an emergency. External suppliers have been hired to be in charge of lighting and garden decorations. Thus I expect the event to come to an end successfully. REFERENCES 1. Baldry, D. (1998). The evaluation of risk management in public sector capital projects. International project management, 16(1), 35-41. 2. Bannerman, P.L. (2008). Risk and Risk management in software projects: A reassessment, journal and system and...
5 Pages(1250 words)Essay
Value and Risk Management
...that a brainstorming session can be conducted to acquire the necessary suggestions and opinions from the different departments and from the client. This exercise will produce positive results, a great value for the project. The Concept of Value Management Value management maximizes value and reduces costs. Risk management is also a part of value management since risks are determined and possible solutions are provided. (Dallas, 2006, p. 1) Value management evaluates every aspect and function of the construction project being undertaken. All parts and functions should have an...
16 Pages(4000 words)Essay
Construction Management - Finance and Risk Management
...the disaster risk management is favourable for the economy of Turkmenistan because it includes the mitigation of risk, avoidance and monitoring of risk. Therefore the disaster risk management plays an important and major role in case of the marine construction industry. We have also adopted the project risk management as the technique of risk management for our industry since it will help or assist us in monitoring and evaluating the tenure of contract for our projects and it will assist us in preparation of periodical reporting...
15 Pages(3750 words)Essay
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 Control projects, capital management, risk management and evaluation for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us