Nobody downloaded yet

Turnaround Management - Book Report/Review Example

Comments (0) Cite this document
It is a basic model consisting of six crucial elements that acts as a guide to efficient turnaround execution. The six elements are Organisation, Planning, Contractors, Costs, Logistics and Execution (Lenahan, 2007).
Five articles dealing with turnarounds, selected at random from the World Wide Web, were reviewed, with the Model of Excellence serving as a backdrop…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Turnaround Management
Read TextPreview

Extract of sample
"Turnaround Management"

Download file to see previous pages A turnaround is not seen as an event by itself, but as a link in a continuous chain that incorporates lessons learnt from previous turnarounds. A core team - consisting of individuals from departments that are directly linked to turnarounds - and a steering committee - consisting of persons from the senior management - form the backbone of the exercise, constantly interacting with each other, before, during and after the turnaround, over matters of budget, time and workscope. Thus, it is constantly overseen from both event and business perspectives. The article highlights Organisation, Planning, Costs and Execution. Moreover, it bestows enormous importance on audits and reports and their benefits. Audits, reviews and reports can be used as instruments to garner commitment from the various teams involved, and help in analysing the progress of the turnaround at every stage. (Oliver, 2001).
This is an electronic poster that advertises a Conference on Turnarounds where speakers from 14 renowned companies from the Asia-Pacific region share their experiences through case studies and workshops. The scope of learning is immense; topics include interaction between Operations, Maintenance and other departments; optimizing planning and scheduling without compromising quality of work; advance forecasting of production requirements; training for contractors; how to justify that expenditure of more time and money reduces downtime and costs; delegating the right people to the right positions for efficiency; risk management; ensuring safety and injury-free overhaul by using hazard analysis; and benefits of audits, reviews and reports on turnarounds (Conference, 2005).
Surviving the Maintenance Shutdown
This article deals mostly with the planning and execution phases of the turnaround and illustrates the use of Project Software in accomplishing the task. Traditionally, Gantt charts or bar charts were used to indicate workscope on a timeline, but they were unable to exhibit relationships between jobs. This was replaced by the Critical Path Method (CPM) which considers the shortest path required to accomplish a task. Based on Logic Network - which is constructed using precedent logic - the CPM sorts critical jobs chronologically, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Turnaround Management Book Report/Review Example | Topics and Well Written Essays - 1000 words”, n.d.)
Turnaround Management Book Report/Review Example | Topics and Well Written Essays - 1000 words. Retrieved from
(Turnaround Management Book Report/Review Example | Topics and Well Written Essays - 1000 Words)
Turnaround Management Book Report/Review Example | Topics and Well Written Essays - 1000 Words.
“Turnaround Management Book Report/Review Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
International Management: Tata
Although the company’s revenue base has substantially grown and its profits have considerably increased, the problem is that it has many conglomerates that are centrally run with an unorthodox structure which could hurt its profitability in the long term.
8 Pages(2000 words)Book Report/Review
Anger Management
The latter author did research on the physiological effects of anger and patterns of healthy child rearing which are both informative and helpful to parents. The book is structured in a practical format with the first section concentrating on understanding anger.
7 Pages(1750 words)Book Report/Review
Knowledge Management
The researcher targeted four joint ventures from one major project consisting of thirteen separate contract packages awarded by a public authority in Singapore. This was consciously done to purposely relate the research to one construction project to insulate the study from any external influence on the project dynamics.
5 Pages(1250 words)Book Report/Review
Million Dollar Consulting by Alan Weiss
Hiring qualified personnel, subcontracting to other firms, and supporting R&D networks with peer firms and research institutions seem to be of prime importance here. The most important ideas I learnt from the book include: (1) a crucial role of human relations and client (customer) value, (2) importance of self-promotion and (3) strict ethical rules and moral decisions.
3 Pages(750 words)Book Report/Review
Strategic Management
Ryanair managed to acquire this position by critically analyzing the overall situation and then transforming itself into a low fare airline this idea was executed with the help of different marketing strategies (ELEANOR O’HIGGINS, 2010:
7 Pages(1750 words)Book Report/Review
Tompkins cuts down the numerous number of management strategies to four models of management (Emerson, Menkus & Van Ness, 2010). He effectively explains the four models of management and how they could effectively implemented in any organization
1 Pages(250 words)Book Report/Review
Program Management
Program Management is the key to achieve these stated-strategic benefits as it helps to align and coordinate the projects within a program in such
2 Pages(500 words)Book Report/Review
Financial management for nurses
statements, statement of cash flows, notes of financial statements, management reports, ration analysis, and the statement of changes in net assets or equity (Finkler, Jones & Kovner, 2012). Moreover, this chapter defines the key financial concepts that establish a financial
2 Pages(500 words)Book Report/Review
Theater Management
According to Shakespeare, success of a theatrical performance depends on the artistic coordination of stage resources. Coordination of stage performances requires inherent skills, not hierarchical powers of control.
3 Pages(750 words)Book Report/Review
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 Book Report/Review on topic Turnaround Management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us