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Showing posts from March, 2020

The role of scheduling and cost planning in project success

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Project management in the development sector is not that simple. The project manager must control the multiple challenges during the life of the project proactively and decisively. Projects are temporary endeavors to create a unique product or service, and the project teams must analyze the needs to be clearly aware of the users’ desire of the project, and the they need to manage the expectations of end-users and ensure that they are compatible with project resources such as time, budget and other resources. The main challenge of project management is to achieve all the goals of the project, its objectives and outputs. It is important to respect the advanced constraints of the project that are related to scope, budget, schedule and ensuring that the project meets the applicable quality standards, and get it applicable to review by the project team and other stakeholders. The project manager is responsible for the overall success of the project, but this does not mean that he\...

Managing successful projects and their role in corporate growth

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Successful project management promote entrepreneurship and change in companies. There is an increasing interest in developing successful project management of all kinds as a mean of achieving strategic goals and objectives, and helping to grow the economy. The companies’ adoption of correct and arranged management basics of projects aims to achieve the goals, through planning, organizing, coordination, training and developing of competencies, guidance, leadership and supervision, ending with oversight and evaluation of performance. Following these strategies contributes to improving all businesses and projects, reducing the rate of errors, achieving customer satisfaction, and reducing waste to achieve competitive excellence. Projects objectives The main challenge in project management is to achieve all objectives of the project despite the constraints faced such as time and quality. The distribution of the necessary inputs must be managed and applied to meet the pre-set obj...

Sound approach to managing facilities to ensure a safe working environment

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Facility management has a clear objective: Facilities management is considered important professions that include many disciplines concerned with integrating processes within the organization, to maintain and develop agreed services, to support and improve the effectiveness of their initial activities, to ensure sound and comfortable functionality, a highly efficient environment for integrating people and space, and professional work and technology, with the aim of improving the quality of life and the basic business productivity, as well as coordinating the demand and supply of facilities and services within public and private organizations. Facilities management focuses on providing efficient and effective support to the organizations that serves. The term “Facility” has been built, installed or created to serve a purpose, and is generally considered to be every tangible asset supporting an organization. For example, real estate property, buildings, infrastructure, lighting...

Developing the governmental accounting system for performance audit purposes

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Control in government units is almost limited to financial and accounting control through which laws and regulations are ensured, and government funds are spent for their purposes without extending to show how efficient the administration is in exploiting resources economically, achieving targets with the lowest costs and gaining the optimal return from spending. Due to the increase in government spending and social burdens on government units, budget deficits, and limited resources, this requires regulatory bodies to be developed by shifting to overall control or so-called performance control or operational auditing. The business sector has many performance measures such as internal profitability, the rate of return on invested capital, standard costs and planning budgets, etc. However, in the government sector, there is a difficulty that actual activity in this sector is not easily subject to quantity measurement. Since the accounting system in the area of control of govern...

Oil and Gas Entrepreneurship in Dubai

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In light of the developments taking place in Dubai as a preferred destination in many areas due to the efforts taken by the state to promote the culture of acceptance and innovation, and to promote the presence of a private sector that supports a diverse business environment. The emirate has become one of the leading destinations globally and regionally investing in the oil and gas sector to achieve growth, stability and sustainability. The oil and gas has always been a great sector attracting many national and foreign investments in the emirate, particularly the natural gas which is a bio-energy and alternative source in producing, generating electricity and water and operating factories. The results have shown that a large number of young Emirates are interested in finding a job in this sector based on their competence in the fields of science, technology, engineering and mathematics enabling them to pioneer in this industrial age. This trend aims to meet the growing d...