How Values Affect Individual and Organizational Behavior

Part 1: an individual essay on how values affect individual and organizational behavior Values The topic of values has become a plethora item of debate in many areas, particularly in the field of organization behavior. Values can be defined as the basic convictions that a specific mode of conduct or end- state of existence is personally or socially preferable to an opposite and converse mode of conduct or end state of existence (M. Rokeach, 1973). Value predicts various aspects of individual’s actions and ideas. It is a judgmental element where individual defines what is right or wrong, good or bad and desirable based on the values. If an individual’s values in term of their intensity are ranked, we can obtain an individual’s value†¦show more content†¦Boomers were affected by the civil rights and Womens movements, the Vietnam War, the assassinations of John F. Kennedy and Martin Luther King, and Watergate. (Stephan, 2009) Baby Boomers were believed to be results driven, plan to stay for long term, and give maximum effort (Society of Human Resour ce Management, 2004). This cohort of worker sees value as a sense of accomplishment and social recognition rank high for them. GenX, experienced the AIDS epidemic, economic uncertainty, and the fall of the Soviet Union. As a result of these experiences, members of this cohort are reported to be independent and less committed to their employing organization. (Beutell amp; Wittig-Berman, 2008) They value flexibility, life options and the achievement of job satisfaction. (Stephan, 2009) They are also more willingly to trade off their salary to strive the work life balance. They rank true friendship, happiness and pleasure high in RVS. The youngest generation, GenMe, born between 1982 and 1999, grew up during the prosperous time. Members of this generation have been described as tech savvy, like informality, learn quickly, and embrace diversity. (Society of Human Research Management, 2004). They tend to be social conscious, entrepreneurial and questioning. (Stephan, 2009) According to N.A Hira, this is the most high maintenance workforce in the history of the world. In fact, leading companies have added amenities focusing on work-life balance, relaxation, andShow MoreRelatedOrganizational Behavior, Science, The Real World And You866 Words   |  4 PagesThis paper reflects upon the ideas and themes of the first four chapters of the book: Organizational behavior, Science, the real world and you. It takes us step by step through the conceptual ideas of each chapter and how these concepts are applicable in the real world. The first chapter introduces us to the basics of organizational behavior and the challenges that individuals face in today’s competitive world. An organization is an integration of people, structure and technology to meet an objectiveRead MoreHuman Resource Management And How Does It Affect An Organization?1510 Words   |  7 PagesOne would ask the question, â€Å"What is Human Resource Management and how does it affect an organization?† According to Management Study Guide (n.d.), human resource management is the practice of managing individuals in an organization through an organized and systematic method. Human resource management affects an organization by executing the procedures and policies and warranting that the complaints of employees are taken care of. Given the different roles taken on by the human resource managementRead MoreCultural Values and Personal Ethics1000 Words   |  4 PagesPersonal Values In today’s society, we live our lives and make our future depending â€Å"on what we believe has value.† What we do with our time, our money and our lives are all directly influenced by our capacity to make clear, balanced and valued decisions. Each individual brings a set of personal values into the workplace. These values and the moral reasoning associated with them translate into behavior that are considered important aspects of ethical decision making in organizations. For exampleRead MoreOrganizational Behavior : An Organization1054 Words   |  5 Pagestask of organizational structure is to encourage people to work hard and coordinate their effort to ensure a high level of organizational performance. To this effect the four key concepts that assistance in achieving the needed performance include understanding the meaning of organizational behavior; individual differences; values, attitudes, and moods and emotions; perception and attribution, and the manageme nt of diversity. Organizational Behavior (OB) Defining organizational behavior to be aRead MoreVisual And Verbal Components Of An Organization Essay1624 Words   |  7 PagesCulture is something like behavioral rules which are unwritten and unspoken that is produced when group of people comes at a place to work together. Culture is created by the attitude, the values, beliefs and important assumptions as well as performance and activities shared by a group of people. Organizational culture is made up of every sort of experiences that all employee brings to the work place. Organization culture is particularly introduced by the organization s founder, executives, and otherRead MoreOrganizational Behavior System in Jgtdsl, Bangladesh1499 Words   |  6 PagesIntroduction: - Organizational Behavior (OB) is the study and application of knowledge about how people, individuals, and groups act in organizations. It does this by taking a system approach. That is, it interprets people-organization relationships in terms of the whole person, whole group, whole organization, and whole social system. Its purpose is to build better relationships by achieving human objectives, organizational objectives, and social objectives Elements of Organizational Behavior:- The organizationsRead MoreCultural Values And Social Values1439 Words   |  6 Pagesplays a key role in individual motivation. Culture is defined as, â€Å"†¦values, attitudes, meanings (attributed to language), beliefs, and ways of acting and interacting that are learned and shared by a group of people over a period of history and are often taken for granted as reality by those within the ‘said’ culture† (Glazer, 2002, p. 146). If culture defines our values and beliefs, then culture influences our cognitive representations of needs, in turn affecting how individuals perceive his/her ownRead MoreOrganizational Culture Essay731 Words   |  3 Pages Edgar Schein, a famous theorists dealing with organizational culture, provides the following definition for the term: A pattern of shared basic assumptions that the group learned as it solved its problems that has worked well enough to be considered valid and is passed on to new members as the correct wa y to perceive, think, and feel in relation to those problems. (organizationalculture101) However, organizational culture is more than sharing assumptions used by a group to solve problems;Read MoreCultural Values Essay example1059 Words   |  5 Pagesis to examine how personal, organizational, and cultural values affect decision making in my personal and professional life. My cultural, organizational and personal values represent my beliefs and traditions of my cultural environment. Through my research, I examined values and based them on how important they are within my personal, organizational, work, and cultural lifestyle. Based on the research, I came to the conclusion knowing the foundational elements of individual behavior can be very rewardingRead MoreEssay about The Effects of Values on Decision Making1022 Words   |  5 PagesThe Effects of Values on Decision Making The purpose of this paper is to examine how personal, organizational, and cultural values affect decision making in my personal and professional life. My cultural, organizational and personal values represent my beliefs and traditions of my cultural environment. Through my research, I examined values and based them on how important they are within my personal, organizational, work, and cultural lifestyle. Based on the research, I came to the conclusion

Healthcare Industry - 657 Words

Healthcare Industry Shauna Sorensen January 17, 2016 Internship Activity The software program that I suggest that we get is called MediTouch Practice management. This software is easy to use; it has preloaded templets that are easy to customize in minutes. It also has preloaded commonly used terminology, medical phrases and forms so you can begin charting from the beginning. Doctors will have easy access to EHR thru this system and it has a great feature called MediDraw. This is a way that doctors can document physical exam findings. All you do is snap a picture with a smart phone or IPad and send it directly to the patient’s chart. Than you can draw on it using your finger tip or a mouse. The practice administrator will†¦show more content†¦With all the research that I did on this product I really think this would be the best investment for our company. It has most of the major programs that we need toShow MoreRelatedHealthcare And The Healthcare Industry1694 Words   |  7 Pagessignificant to the Healthcare/ Marketing Industry. This literature review provides an overview of our current healthcare industry, the issues that have damaged the healthcare image, how the healthcare industry uses social media and techniques on improving marketing in the healthcare industry. The purpose of this review is to give further information on today’s healthcare industry and the factors that come from the industry. The Background of the Healthcare Industry Brief History of Healthcare: In the earlyRead MoreQuality Management : The Healthcare Industry1996 Words   |  8 PagesQuality Management In the healthcare industry one of the health professional’s duty is to provide medical help and care to patients, and not create further injury or damage. Unfortunately accidents do happen in the healthcare industry, and as a result there has been a demand and need for quality and safety measures to be carried out (Iizuka, Munechika Tsuru, 2009). Since quality can be somewhat subjective and relate to patient outcome, there are a number of ways to define quality. Iizuka, MunechikaRead MoreHealthcare And The Health Care Industry1154 Words   |  5 Pagesand deliver certain data, information, or updates in any matter. The expansion of technology fundamentally benefits different grounds such as in medicine, science, business, and health care as well. With regards to being a leader in the health care industry, there are certain changes that are needed to be pursued in order to absorb a bigger advantage and improvement in a particular area. Change can be termed as a complex word that can cover major and minor things. It is involved with the strategiesRead MoreHealth Care And The Healthcare Industry3132 Words   |  13 Pageswithin the industry. While quality healthcare has been defined as doing the right thing, at the right time, in the right way, for the right people and achieving the best possible results, many health care leaders struggle to transform their organizations to accurately fit this definition. This research paper examines different measure health care leaders can and have taken to enhance the quality of care within the healthcare industry. This paper explains the issues effecting healthcare quality andRead MoreTypes Of Fraud And The Healthcare Industry2566 Words   |  11 PagesTYPES OF FRAUD Healthcare fraud is costly for everybody, as it harms the reputation of the institution or physician committing it, and financially damages the patient being affected.By definition fraud may be defined as intentionally employing surprise, trickery, cunning, deception and unfair ways by which one party cheats another party out of financial resources. In order to educate a healthcare manager regarding fraud , many aspects of fraud must be assessed. This includes the types of fraud,Read MoreA Study On The Healthcare Industry Essay903 Words   |  4 PagesThe Healthcare Industry in our country is run more like a business than any other healthcare system in the world. Insurance companies have a big impact on patient care and treatment by dictating which test or treatments will be reimbursed. The hospital administrators are constantly reviewing budgets and patient s length of stay to ensure that they remain profitable and viable. Nurse to patient ratio has been a topic of high interest i n the past few years. Depending on where the nurse works, theyRead MoreThe Healthcare Industry : A Fast Paced World1519 Words   |  7 PagesThe healthcare industry is a fast-paced world that is directly influenced by research and development, which increases new technological advanced medical treatments for patients. However, with the investment into this new medical technology comes an increase in expenditures for the health care business. Therefore, in order to combat expenditures of the health care business the company should invest their strategic thinking into developing a strategy that will bring profit to the company and longevityRead MoreIs The Healthcare Industry Manage Change Effectively?1817 Words   |  8 Pages Is the Healthcare Industry Able to Manage Change Effectively? A Conceptual Review Annmarie J. Brutus East Carolina University Author Note Annmarie J. Brutus, Department of Health Services Information Management, East University. This research was completed as a part of the COHE 6630 (Quality Management in Health Care). Correspondence concerning this article should be addressed to Annmarie J. 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The world leader in healthcare services and innovator in cutting edge, diagnostics and treatments. US hospitals to create a platform for biomedical innovation and different academic and medical centers provide sophisticated advanced care. Highly skilled workforce that includes physicians

Week Assignment Free Essays

It is important that organizations implement a monitoring system to insure that employees are learning on the job. Just because employees are educated in a classroom does not mean that they have the knowledge to do the tasks efficiently and effectively as possible. Knowledge comes from experience of performing daily tasks and as the employees achieve more experience on the job the greater the knowledge they will gain (Carving, 2000). We will write a custom essay sample on Week Assignment or any similar topic only for you Order Now Most employees want to achieve the greatest success in life and at work. It is important that organizations find ways to compliment the employees successes through a reward or incentive program that will reinforce positive learning. Managers need to find ways to follow-up with employees on what they have learned and this can be accomplished through employee evaluations and refresher training on a periodic basis. Keeping the employee in the know is also a very important element. The employee needs to have the understanding that what is expected of them through goal setting and timeliness. If an employee has a guide of expectations it will assist the management team to understand if the employee is acquiring knowledge at the standard rate. Managers have to now when employees are not gaining knowledge. Knowledge management is more than just placing an employee in a job and asking a co-worker to train them. In a knowledge management environment the manager may find that an employee with many years of experience was never properly trained. This failure in appropriate training may be costing the employee efficiency or quality. To get the greatest rewards from all of the company’s assets it is important to understand the overall value of the asset. If employees are top of the organizations assets it is important to get the greatest return on the investment. Employees must work in a positive culture and positive environment. Employees will learn at a faster rate if the culture and environment that they are working in is a positive environment. If other employees step-up to give new employees direction or find ways to assist with mentoring employees the organization will achieve higher levels of success. Managers must understand that to build the greatest teams it takes a level of knowledge of how the game is played. Managers can not just throw employees into work they must give employees the opportunity to learn the task and the job. There must be a high level of profitable learning through a sharing process. Employees need the time to interact and feel they are an important element to the team in which they work. The results of the team will be much greater if the knowledge is spread throughout the whole organization. According to Rummies (2002) knowledge management is a systematic process by which knowledge needed for an organization to succeed is created, captured, shared and leveraged. Managers must monitor the knowledge levels in every employee and insure that each employee is learning at a positive rate. To achieve the greatest success knowledge management must be enforced for organizations to succeed. This is why through economical uncertainty it is important that organizations implement and manage how knowledge is evolved. How to cite Week Assignment, Papers Week assignment Free Essays How did the Johnny Cupcakes brand originate? Johnny worked at a record store when he was around 18. When he worked at the record store he was given a number of different nicknames one being Johnny cupcake. Johnny was also in a rock band and was making t-shirts for the band. We will write a custom essay sample on Week assignment or any similar topic only for you Order Now At this time he started making t-shirts that had cupcakes on them. He sold the shirts from his car at first. His brand was becoming more and more popular he was able to open a store front. Now his company has many store fronts from Boston to LA with a verse product line. His stores have a fake bakery theme that helps draw in people’s interest. You can also say it’s a family run business his mom is the SCOFF. She allows him to think freely this allows him to keep coming up with new Ideas. 2. According to the information In the video, what does Earl say Is an essential part of being an entrepreneur? The most essential part of being an entrepreneur Is taking risks. This Is what make you an entrepreneur make something on your own. Starting you own company and aging Jobs for others. Another Important thing that was said was â€Å"everything has been done before†. This makes It a little harder for you to come up with a competitive idea. Your goal Is to figure out how to draw people’s attention to your product. Then make them want to buy your product. For an example Johnny spent almost kick to set up his LA store. He went above and beyond to make Is store stand out In a city were that very hard. Johnny understood that his store would have to make a tenement for It to make It In such a competitive make place Like LA. The cupcake t- shirt store was very detailed Like an exhibit. They are stores that people want to Just go and experience and buy something to remember that experience. Week 3 assignment By Jessica him to think freely this allows him to keep coming up with new ideas. 2. According to the information in the video, what does Earl say is an essential part The most essential part of being an entrepreneur is taking risks. This is what make aging Jobs for others. Another important thing that was said was â€Å"everything has been done before†. This makes it a little harder for you to come up with a competitive idea. Your goal is to figure out how to draw people’s attention to your product. Then set up his LA store. He went above and beyond to make is store stand out in a city statement for it to make it in such a competitive make place like LA. The cupcake t- shirt store was very detailed like an exhibit. They are stores that people want to Just How to cite Week assignment, Papers Week Assignment Free Essays At this time the heroin turns to a sticky liquid ND wriggles around on the foil like a Chinese dragon. Fumes are given off and it is inhaled sometimes through a rolled up newspaper, magazine or some kind of tube. There are â€Å"two-thirds of all heroin users chase the dragon; chasing the dragon is less of a health risk than people using needles. We will write a custom essay sample on Week Assignment or any similar topic only for you Order Now † (Cools, J. , 1 992) When a person shoots up everything goes straight into the blood stream: entrust heroin but also anything the heroin has been cut with and any other toxic substances. Chasing the dragon means no toxic substances will directly get into a person’s bloodstream. The inhaling of iron fumes would enter the lungs where the blood vessels would absorb the heroin. What is the problem? Besides health problems, heroin causes many problems in society; families can be broken, relationships heroin could cause domestic violence, child abuse, and risk of sexually transmitted diseases. According to studies, â€Å"show that surprisingly, poor people spend a greater percentage of money on acquiring drugs than middle-class and upper-class people. † (Rehabs, 201 5) What are the individual and social implications of this problem? The nature of social environmental factors influence on substance abuse is unclear. A longitudinal study was undertaken to determine the relative power of social network and neighborhood characteristics to predict continuing illicit drug use. † (Schroeder, PhD, Latin, PhD, Hoover, PhD, Curry, MS, Knowles, Sad, Celebrant, Sad, 2000) The medical and social consequences of drug heroin are, â€Å"hepatitis, HIVE/AIDS, fetal effects, crime, violence, and disruptions in family, workplace and educational environments have a devastating impact on society and costs billions of dollars each year N. 2014) What do the experts say about the problem? The impact of heroin use is an issued all cross the United States, heroin being identified as the most or one of the most drug abuses that has affected regions coast to coast. Heroin is extremely addictive no matter how a person uses it, injection and smoking increases the risk of addiction. Once a person becomes addicted to heroin it takes co ntrol of their lives. What have we, as a society, done about this problem? One Of things our society is trying to do is creating a drug-free society, however there has never been drug-free society in our history of civilization. The majority of Americans agree that the drug war is not working. Therefore our society has come up with three simple solutions; â€Å"offer treatment to people who wants help with their drug addiction, leave people alone who don’t want or need treatment, and continue to hold people responsible for their crimes that harm others. â€Å"(Newman, T. , 2014) How are public policies and other, less formal responses working? Heroin overdoses is happening every. Inhere around me. The public policies such as addict who wants help must enter a treatment center. However, if the heroin addict really doesn’t want help, going into a treatment center will not work at all. In Northern Kentucky, â€Å"our hospital SST. Elizabeth has a new program to provide Malone kits for heroin ODD victims, the hospital is expecting to get at least 600 of the kits. † (Filcher, J. , 2015) This kit may save lives, but it wont stop a person from using heroin. Describe an alternative solution to the problem and effective response to Heroin. Kentucky Senate panel approves anti- heroin bill after hearing an emotional testimony. In January, 2015 the Senate Bill 5 was approved to help Kentucky deadly heroin epidemic. One of things that was on that bill was â€Å"permitting police officers, firefighters, and aromatics to carry and administer Malone, a drug that can reverse the effects of a heroin overdose, without any civil or criminal liability. † (Chives, J. 201 5) Conclude with your thoughts about your chosen social problem. My thoughts in regards to heroin may not be a solution but a question instead. Heroin is everywhere, it could be a person spouse, sibling, child, niece, nephew and their cousin, heroin doesn’t care who it is a devil drug. There is so much information out there telling people or even showing people what would happen to them if they used heroin. Does that stop them no? My nephew seven or eight years ago, used to be bull rider. He was hit in the face by the bull’s head which caused my nephew a lot of pain, and a plate inside the right part of his face. His doctor had him on Concoction for pain medication which caused him to get addict to this drug. When the doctor took him off cold turkey and weaning him off, sadly the only relieve he had was finding another drug to help with the pain and the withdrawals. That is when heroin took over his life. He has been in out of county and state institutions, plus rehab centers after rehab centers and continues after few months of being release, he has overdose once again on heroin. When the devil drug calls out your name, the addict will come. Of course just like anybody else that has a love one, hopes they never used again, but now after my nephew had done it so many times, it’s hard to hope when you know it isn’t going to help. My solution for my nephew and any other addict being released from rehab, find something to occupy your time. I have tried to encourage my nephew to become a drug counselor, and he won’t even consider it. How to cite Week Assignment, Papers

Launching Personal Care Products in Sheng Siong-Free-Samples

Question: Write a Reopt on Launching personal care products in Sheng Siong. Answer: Introdauction The project focuses on launching personal care products in Sheng Siong which is one of the grocery and fresh food supermarket in Singapore. The supermarket wants to expand its business in different fields and as a result it took the decision of launching personal care products. The various personal care products that it wanted to launch include shampoo, conditioner, toothbrush as well as toothpaste. It is identified that supermarket was visited by local people who generally came for buying various grocery products and if personal care products are also present then it would be found beneficial for both the supermarket as well as customers. In this paper, importance of network diagram as well as Gantt chart is illustrated. The paper illustrates factors that are helpful in minimizing project duration, monitoring progress as well as outsourcing. In addition to this, the paper also focuses on the risks that are associated with project and provides proper recommendations for minimizing the risks. Network and Gantt chart Network diagram Network diagram is defined as a graphical representation of the project which mainly comprises of various series of both connected boxes as well as arrows for illustrating the inter-relationship between various activities that is mainly involved within the project (Kerzner 2013). It is found that the boxes as well as nodes generally helps in representing inter-relationship between various activities and arrows are generally helpful in representing the relationship between various activities. Figure 1: Network Diagram (Source: Created by Author) The importance of network diagram is illustrated below: Network diagram is helpful in justifying time estimate for the project: Network diagram of the project reflects the procedure with which the activities are generally interrelated with each other from the beginning till the end of the project (Burke 2013). After determining the critical path of the project helps in providing proper duration of the project. Network diagram helps in planning, organizing as well as controlling:The network diagram reflects that project activities are generally highlighted in sequence with their interrelationship. The network diagram of the project is helpful for the project manager as well as team during organizing as well as planning. Network diagram reflects interdependence of activities:As interdependencies of activities are quite visible in the network diagram, it is quite easier to see how the activities depend on each other. Network diagram reflects the workflow of project activities: With the help of network diagram, the project team will get to know about the sequence if various project activities (Fleming and Koppelman 2016). At a certain point in the project, network diagram will be very much beneficial to know the status of the project activities. Gantt chart Figure 2: Gantt chart (Source: Created by Author) Risk management Risk Type of risk Risk statement Impact Probability Risk exposure Risk mitigation Inaccurate gathering of information Negative risk If the information about the project is not gathered properly then it is quite difficult for the project managers to complete the task within the assumed budget and time. Medium likely Medium It is quite important to gather information associated with the project properly and for this experienced project managers must be hired. Improper estimation of budget Negative risk If the budget for the project is not estimated properly then the organization will face financial pressure. high Very likely medium The budget of the project must be estimated after understanding the requirements of the project properly. Improper theme selection Negative risk If the theme for the project is not selected properly then the organization would face difficulty in launching the products. High Very likely High Theme selection of the project must be done properly so that the products within the organization can be easily launched. Improper management of social media activity Negative risk If the social media activity is not managed properly before launching of the personal products then the expected outcome of the project will not reflect positive result. Moderate likely medium It is quite important to manage the activity of social media before launching the product in the event Scheduling resources Resource scheduling is defined as one of the technique that is generally utilized for calculating various resources that are generally needed in order to deliver the entire project work (Mir and Pinnington 2014). It is identified that scheduling resources generally helps in ensuring efficient as well as effective utilization, and assists in identifying resources easily. According to Flyvbjerg (2013), scheduling is quite important in project in order to organize as well as complete the entire project within the time and budget. Effective project scheduling plays an important role in order to ensure the success of the project. It is quite important to assign different resources effectively within the project for keeping the entire projects on tracks as well as for setting proper as well as realistic time frames. This typically helps in minimizing cost and enhancing satisfaction of the customers. It is stated by Phillips (2013) that project scheduling generally helps in impacting the overall finances of an organization. This is considered true when the resources have proper knowledge as well as skills for completing the task when the project requires costly materials. Project completion within a short time frame is costly as more number of additional resources as well as materials is required. It is opined by Turner (2016), that project scheduling gene rally helps in ensuring that one task gets completed in a quality manner before the initiation of the next task within the process. By properly assuring that quality measures that are adopted helps in meeting various expectations at every step. Reducing project duration An experienced project manager helps its team in uncovering various opportunities for saving time by properly ordering tasks as well as by removing false dependencies from the project. It is identified that there are number of ways in which the duration of the project reduces but the project gets completed without compromising the scope or quality (Steyn et al. 2016). The steps include: Outsourcing tasks of the project: If some of the tasks of the project are outsourced then it will be quite easier to complete the project before the duration (Cicmil et al. 2017). Therefore in order to save time duration of the project without compromising the quality can be done by outsourcing some of the activities of the project so that the burden of the project from the team members reduces little bit and they will be able to complete the tasks in a short period of time. Using additional resources: If additional resources are utilized in the project then it will be quite easier to complete the entire project before the duration ad as a result time duration of the project generally minimizes without compromising the project quality. Eliminating false dependencies: Every task of the project must have proper successor as well as predecessor. It is identified that dependencies are mainly expressed as hard as well as finish -start predecessors (Hwang and Ng 2013). If dependencies of the project are properly documented then it will be helpful in reflecting the real overlap of the work that can generally found in the schedule without impacting the execution of the project. Establishing scope for the starting of the project: It is found that proper establishment of project scope before the team helps in reducing the non-productive tine from the starting phase of the project. It is quite important to understand the scope of the project, high level requirements before executing the entire project. This helps in making the entire team productive from the starting day of the project. Tracking time: It is quite important to track time for each of the activities of the project in order to complete a given project. It is identified that not only the steps are tracked but it is quite important to track the time that is required for completing each of the project activities (Serra and Kunc 2015). Proper time tracking is important as it helps in eliminating the wastage of time and assists in completing project before the duration. Outsourcing Outsourcing helps in allowing the organization Sheng Siong to subcontract one of the particular areas of the project. The various outsources that are utilized in the project in order to reduce time duration without compromising the quality of the project are elaborated below: Training: The activity of training must be outsourced so that the staff of the organization must be trained properly and thus the project can be executed easily before the duration of the project (Pemsel and Wiewiora 2013). Outsourcing training activity not only helps in complete the activity of the project before time but also assists in creating proper outcome within the project. Creation of marketing plan: The marketing plan is outsourced so that it can be created properly so that it would helps in creating positive outcome within the project. It is identified that outsourcing the marketing plan helps in reducing the project duration. Theme selection: Selection of theme is outsourced so that proper as well as unique theme is selected for the project that is not only helpful in reducing the burden but also assists in completing the project before time (Joslin and Muller 2015). Monitoring progress The monitoring progress of the project can be highlighted by reflecting the utilization of earned value as well as scheduling and cost control in the project:- Earned value management: Earned value management is defined as one of the technique that helps in controlling cost as well as time performance within a project for predicting the final project duration as well as cost. It is considered as one of the easy tool that can be utilized in the project in order to detect early warning signals for detecting various problems and also for exploiting various opportunities of the project (Beringer, Jonas and Kock 2013). Earned value forecasting approach assists in predicting the final project cost as well as duration. The basic assumptions that are generally made for forecasting earned value management within the project can be measured with the help of SPI metrics for time as well as CPI for the cost. In addition to this, it is identified that project outcome can be forecasted for predicting the final cost of the project. Scheduling and cost control: Scheduling as well as cost control is considered as the concept that generally helps in serving the foundation of the project management. The project managers must establish schedule as well as budget before the project initiation phase. It is identified that setting parameter helps in both time as well as cost time frameworks for laying the entire groundwork for following the tasks. It is identified that organizations must engage in various production processes as well as projects (Martinsuo 2013). This important factor helps in making the opportunity cost another significant consideration during budgeting as well as scheduling. Project closure Explanation Project closure is defined as the last phase of the project management procedure. It is identified that upon the end of the project implementation phase, preliminary acceptance of various results of the project is generally accomplished (Ahern, Leavy and Byrne 2014). Project closure generally involves handing various deliverables to the customers that helps in passing the documentation to the business by cancelling various contracts of the supplier and by releasing the different equipment of the staff. Wrapping closure activities The closure activities of the project are as follows: Reviewing the launched product Stakeholder sign off and Documentation Performance evaluation The performance of the project must be measured properly with the help of monitoring system as well as significant key indicators. The components include: Proper tracking of project activities: Proper track of the project activities must e kept in order to ensure that the project activities are progressing properly and the activities will be completed within the estimated time and budget. Completion of project activities on time: If the project activities are completed successfully within the assumed time then the performance of the project can be determined easily (Pemsel and Wiewiora 2013). Arranging meetings: If meetings are arranged in weekly basis, then the project managers will get an idea about the performance of the project activities. The project managers will get to know the entire status of the project. Retrospectives Retrospectives are considered as a procedure in which team generally helps in reflecting on the iteration for identifying actions that helps in improving the project further. The agile retrospectives can be considered as one of the lesson learned meeting. The team can easily address everything in order to decide changes for making the next iteration References Ahern, T., Leavy, B. and Byrne, P.J., 2014. Complex project management as complex problem solving: A distributed knowledge management perspective.International Journal of Project Management,32(8), pp.1371-1381. Beringer, C., Jonas, D. and Kock, A., 2013. Behavior of internal stakeholders in project portfolio management and its impact on success.International Journal of Project Management,31(6), pp.830-846. Burke, R., 2013. Project management: planning and control techniques.New Jersey, USA. Cicmil, S., Cooke-Davies, T., Crawford, L. and Richardson, K., 2017, April. Exploring the complexity of projects: Implications of complexity theory for project management practice. Project Management Institute. Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Flyvbjerg, B., 2013. 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