Curious Observation – First Step in Decision Making Process
February 12, 2025
The risk involved in an infrastructure project does not remain the same throughout the life of a project. Instead, the risk varies depending upon the stage in which the project is. The construction phase is supposed to be the riskiest phase of an infrastructure project. This is also the phase where investors demand the highest […]
Hong Kong has been ranked as the most expensive city to live in. Survey after survey has found that the housing prices in Hong Kong are simply unaffordable. On an average, the median income to housing price ratio is more than 18. This means that a person would have to save for 18 years straight […]
Let us first go through a real life situation to understand negotiation better. Your friends want you to come for a late night movie with them. However you very well know that your parents will never appreciate your staying away from house at late nights and you don’t even want to miss the movie as […]
Individuals should work in teams at workplaces so that the work is accomplished at a much faster rate and errors are reduced to a large extent. A single human being takes more time to complete a task as compared to individuals working in a team. In a team people can discuss issues among themselves and […]
Job analysis is primary tool in personnel management. In this method, a personnel manager tries to gather, synthesize and implement the information available regarding the workforce in the concern. A personnel manager has to undertake job analysis so as to put right man on right job. There are two outcomes of job analysis: Job description […]
Management is essential in every walk of life. Even what we eat should be managed. You just can’t put anything in your mouth. One needs to be cautious. In the same way, a team must be managed effectively to expect the best from the team members. The team leader plays an essential role in managing his team well.
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