PROJECT MANAGEMENT PROJECT TOPICS AND MATERIALS
Current assets as one of the management tolls of business organization are very important in the proper function of business and achievement of profitability of an organization. Current assets are those assets that are readily without depreciation in value and interference in the normal process of the enterprise. Management on the other hand involves getting things done either by oneself or through other people by planning, organizing and coordinating (Reid 2003). It is also a social and technical proves that utilizes resources and changes human behaviors in the desired direction in order to elicit contribution that will accomplish the objectives of the organization.
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The purpose of the study was to investigate the influence of arbitration on disputes resolution among construction industry within the Abuja County. The objectives of the study were: To establish the influence of liberty in the processes of Arbitration on dispute resolution within the construction industry, To establish the influence of flexibility in arbitration processes on dispute resolution within the construction industry , To determine the influence of a neutrality in arbitrator in resolving disputes within the construction industry , To determine how privacy in arbitration influence disputes resolution within the construction Industry. The study adopted survey research design where respondents were required to describe their experiences on Arbitration to resolve disputes arising between the different parties involved in construction industry. The target population of the study was the senior construction participants who included architects, quantity surveyors and construction Managers, 600 who partner with the Architecture Association of Kenya, Institute of Quantity surveyor and Chartered Institute of Arbitrators in Nigeriarespectively practicing in Abuja County. Simple random sampling method was used to determine the sample by using 10% of the population to give a sample size of 60 construction participants. In addition a mixed model research which involved qualitative and quantitative methods was applied and primary and secondary data was used in the analysis.
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A major concern of stakeholders (clients, consultants, contractors, e.t.c) in Nigerian construction industry is how to improve service delivery. Mitullah and Wachira (2003) have reported that the development of an efficient construction industry is an objective of policy in most countries.
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Today‘s construction projects become more complex in nature. The complex,relational and lengthy process of designing and building makes construction a process in which disputes are virtually ensured. Furthermore, the involvement of multidisciplinary in the construction project also leads toconflicts among the parties. It seems that conflict and disputes are inevitable to the construction industry especially when most of construction projects are facing with so many uncertainties.
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This study will be important to insurance companies in the management of credit risks when it comes to life insurers. This study also will be of importance to Nigerians in unraveling the importance of credit to their profitability. The study will be important to the government and insurance stakeholders on the best method of credit risk modeling techniques for life insurers. This study will be important to insurers in knowing the best method of repaying their loans or credits.
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Once a project has advanced to the phase of performance, the consistent and constant flow of information on the true status of the project is essential. During performance phase, focus now shifts from discovery to tracking and reviewing what was said would be done. Online tracking of projects which goes hand-in-hand with monitoring is discussed together with other critical management processes such as change, risk management etc.
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Increasing competition is continually pushing businesses towards more efficient processes, and slimmer margins. Highly capitalized industries have to ensure that their resources are used most effectively. Yet at the same time, businesses must adjust to rapidly changing customer requirements and supply chain conditions. The key to achieving operational excellence, therefore, is in the effective and flexible management of resources, and this means optimizing and scheduling people, processes, vehicles, equipment, and materials so that utilization is maximized while business goals are met.
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Increasing competition is continually pushing businesses towards more efficient processes, and slimmer margins. Highly capitalized industries have to ensure that their resources are used most effectively. Yet at the same time, businesses must adjust to rapidly changing customer requirements and supply chain conditions. The key to achieving operational excellence, therefore, is in the effective and flexible management of resources, and this means optimizing and scheduling people, processes, vehicles, equipment, and materials so that utilization is maximized while business goals are met.
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In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and affordable financial services, either through the formal or informal financial sector, to underserved populations. This includes the estimated 2.5 billion “unbanked” individuals worldwide who lack access to a formal bank account, the vast majority of whom reside in developing countries.1 Financial inclusion also applies to “underbanked” communities, where people lack reliable access to or are unable to afford the associated costs of financial services. In the US alone, 50.9 million adults are considered underbanked and have relied on alternative financial services in the past 12 months, including payday lenders, pawn shops, or check-cashing services.2 The international focus on financial inclusion has coincided with increased attention to anti-money laundering and countering the financing of terrorism (AML/CFT) frameworks as crucial tools for advancing stability and security objectives and for curbing criminal and violent extremist activity.
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Project cost controls in the Nigerian construction sector have always been under studied. On the course of prosecuting a project, controlling the cost of these projects would help in maintaining such projects from being too capital intensive which may lead to the project being abandoned. For every project to be successfully executed, its cost must have been analyzed and the cost from start to finish noted so as to prevent unnecessary contingency spendings which may hamper the complete execution of the project.
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