Wednesday, May 6, 2020
Improvements Of Organizational Structure â⬠MyAssignmenthelp.com
Question: Discuss about the Improvements Of Organizational Structure. Answer: Introduction The growth of the companies is based on the requirements of the organization to bring in improvements in the organizational structure. The organizations, which aim at making a progress, must consider certain steps in order to manage the resources of the organization and the financial investments made by the organization for manufacturing the products and services. The strategic planning of the elements involved in the production process determines the expectations of the chief stakeholders of the organization and thereby determines the situation of the organization. It helps in determining the risks that the organization might face due to the improvements that are being undertaken by the organizations. The most important step that is being undertaken by the organizations while undertaking the strategic analysis is determining the functionality of the supply chain (Gatti 2013). Moreover, the organization must also focus on the quality of the projects and the costs that are being incurred. It helps in the clear understanding of the contingencies that the organization might face while implementing the change based on the needs and the requirements of the organization. The strategies help the organization in undertaking different procedures, which affects the growth of the organization. The purpose of undertaking this analysis is to understand the different concepts and examine their applicability in the proper construction management of the organization. The report will evaluate the principles and the theories of the strategic procurement and observe their applicability on the supply chain of the organization. The effects that are being enumerated is based on the factors of the change that the organization seeks to undertake. How to Attain Value for Money: Comparing PPP and Traditional Infrastructure Public Procurement The Author in this paper investigated on the strategies that are being undertaken by the companies in order to procure the value for money. Every organization functions on the basis of the value that the organization holds for money. It is a measure that is being taken by the organizations in order to facilitate the quality of the products and the services in a lower cost (MacDonald, Walker and Moussa 2012). The effectiveness of the products even at a lower cost and the utility that is being derived from the products and the services helps in the understanding of the organizational value for money. The steps that are being undertaken by the organization on the basis of the procurement is based on the requirements of the organization to understand the values of the PPP (Purchasing Power Parity). The PPP refers to the theory of the exchange rate between the two currency based on their purchase power. The most important step that is being undertaken by the organizations in making suitable decisions for their project is based on the steps that are being undertaken by the organization (Refer to the Appendix). It helps the organization in undertaking analysis on the scope of the feasibility of the project that is being undertaken (Jackson 2012). On the other hand, project procurement strategies refer to a set of steps that are being undertaken by the organization in order to undertake a successful project management. The steps that are being undertaken by the organization are based on the requirements of the type of project. According to Kerzner (2013), the value for money is based o n the understanding of the private-public partnership and the assessment of the risk factors that has helped in the growing period of the projects. The most important changes that are being undertaken by the units are based on the requirements of the organizations to procure with the help of the bidders (Lloyd-Walker and Walker 2015). The quantitative measures helps in determining the costs and the investments that are required in order to undertake steps for the better understanding of the value that the organization holds for money. Value for money in project alliances The Authors have added the view of the application of the VFM in understanding the organizational requirements to form alliances. Value for money helps the procurement agencies in considering the steps that are required to be taken in order to have a check on the utility of the projects and ensure the proper delivery of the services in order to achieve the common goal of the business. The planning process makes use of the proper assessment on the applicability of the project and the efficiency and the utility of the project. It helps in determining the effectiveness of the projects through organizing the directions and control over the objectives of the project. The most important consideration undertaken by the organization is based on the improvements of the organizations to bring in the progress through the proper management of the projects. It helps the organization in achieving the short-term goals of the organization for the success. The procurement steps helps in determining t he significant work functions of the individuals in order to measure the effectiveness of the projects that are being undertaken by the organization. Moreover, the risk factors that are being included in the context is based on the requirements of the organization to make its continuous growth in the projects and their respective procurements (Harris and McCaffer 2013). Value for Money and Risk in PublicPrivate Partnerships The value for money, according to the authors, the VFM helps in the understanding of the risks that are being involved in the process of public-private collaboration. It helped the organizations in making their continuous progress in procuring the projects and bidding their appropriate values (Siemiatycki and Farooqi 2012). It helps the organizations in understanding the different stages that are being undertaken in order to resemble the changes. The quality of the projects and the costs that are being undertaken by the organizations in order to improve the availability of the projects is an important concern and the basic concept of the value for money (Yeow and Edler 2012). It is the creation of the utility that is being focused on by the organizations in order to make significant progress in the market. The sustainable growth of the organizations in order to make inputs in the value is based on the steps that are being undertaken by the units. The policies and the aims of the organization, undertaking a project, are based on the sustainable approach of the organization in the market. Sustenance can be proclaimed through the maintenance of the quality of the projects in the lesser costs (Kelly, Male and Graham 2014). The cost benefits that are being analyzed by the organizations before buying a project is an important consideration that is being undertaken in order to ensure the sustenance in the market (Eadie, Millar and Toner 2013). Conclusion Therefore, from the above analysis it can be stated that the organizations undertake the strategic construction procurement through the proper implementation of the concepts of value for money. It helps in understanding the required changes that the organization must undertake in order to make the business more proficient. The various steps that are being undertaken by the company based on the planning, control and the implementation of the plans is being discussed in this report. It helps in the understanding of the management that the organization must undertake in order to make its progress in the market. Moreover, the sustainable approach of the organizations through the contemplation of the green project management has helped in the enhancement of the situations. The report aims at understanding the basic theories and concepts that helps in the proper management of the business organizations. References Eadie, R., Millar, P. and Toner, L., 2013. Public private partnerships, reevaluating value for money.International Journal of Procurement Management,6(2), pp.152-169. Gatti, S., 2013.Project finance in theory and practice: designing, structuring, and financing private and public projects. Academic Press. Harris, F. and McCaffer, R., 2013.Modern construction management. John Wiley Sons. Jackson, P., 2012. Value for money and international development: Deconstructing myths to promote a more constructive discussion. Kelly, J., Male, S. and Graham, D., 2014.Value management of construction projects. John Wiley Sons. Lloyd-Walker, B. and Walker, D., 2015, April. Collaborative project procurement arrangements. Project Management Institute. MacDonald, C., Walker, D.H. and Moussa, N., 2012. Value for money in project alliances.International journal of managing projects in business,5(2), pp.311-324. Siemiatycki, M. and Farooqi, N., 2012. Value for money and risk in publicprivate partnerships: Evaluating the evidence.Journal of the American Planning Association,78(3), pp.286-299. Yeow, J. and Edler, J., 2012. Innovation procurement as projects.Journal of public procurement,12(4), p.472. Zimina, D., Ballard, G. and Pasquire, C., 2012. Target value design: using collaboration and a lean approach to reduce construction cost.Construction Management and Economics,30(5), pp.383-398.
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