HR & Communication in Projects - Weekly Discussion Topics Coursework

HR & Communication in Projects - Weekly Discussion Topics - Coursework Example Another important attribute that is vital in the building up of a team is that the project manager should have exceptional organizational skills. A work example of the importance of this attribute is that before and during a project, good organizational skills will help the project manager to plan strategies and objectives that will allow the team members to perform in an optimal manner (Scott, 2014). It is also important for a project manager to display the attribute of confidence in both his and the abilities of his team. In the course of a project, confident project managers are secure in the decisions that they make concerning the team. There are also a number of attributes which although they are important to a project manager, they are not quite vital in the building up of a team. One of these attributes is effective negotiation skills. Whereas this skill is important in the resolution of workplace conflicts, it is found to not be as important to project managers in building up of a team. Another attribute that can be considered to not be vital in the building up of a team is empathy. A project example of the relative unimportance of this attribute is that although empathy is important in the everyday management operations, it can be found to not be as important when building up a team. A team performance analysis can broadly be described as the process of evaluating the overall performance of a given team. The analysis seeks to try and establish the failures and successes of the team based on its efforts. To conduct an effective team performance analysis, there are a set of four key categories that are analyzed (Thompson. 2008). Each of these categories covers a number of key questions that must be answered before a project manager can be able to know how to plan for the future effectiveness of the team performance these categories are: Productivity: In conducting a team performance analysis,

Economics regarding Oligoploy markets Essay Example | Topics and Well Written Essays - 2250 words

Economics regarding Oligoploy markets - Essay Example Perfect competition has always been considered to be best for the consumer and is favoured by nations. It is the ideal situation where all similar or identical products are available simultaneously to all buyers. This would make it impossible for both buyers and seller to influence prices. Demand and Supply will determine price at any point in time. In the real world however there is little evidence of such conditions. In the continuum between monopoly and perfect competition Oligopoly has raised its dreadful form to the detriment of the consumer. This is the situation where a few sellers, usually three or four, control the supply side and influence the customer to accept their product or service along with the price they dictate. What is not so obvious is that they also force their supply chain to accept this dictatorial attitude to get the best prices and terms. The beauty of this entire operation is that both consumers as well as the supply chain consider the oligopoly as their benefactor and willingly subscribe to their ideology. Even the state is fooled by them into the false thinking that they contribute positively to the economy by providing huge job opportunity and creating excellent platforms for increasing efficiency and quality. But the fact is that an oligopoly is exploitative although it appears to be benign; and when it hurts it is often too late to help the stakeholders. An Oligopoly is a cluster of companies that deal with similar products or services and offer them within a very narrow band of prices to the consumers. It makes a great show of perfect competition as prices and products are similar and the intensity of rivalry is perceived through their aggressive and persuasive promotional tactics. On the surface, externally, there is great fanfare of competition and competitive advantage but in reality there is great conformity amongst them. An