Importance management

Asset management is a crucial process in any business. It helps in maintaining and controlling the acquisition and selling of assets in a cost-effective and smooth manner. Besides that, it keeps a track of assets and helps in preparing effective reports about their performance. Thus through these useful insights help in businesses can work accordingly and achieve their desired goals in less time at less cost. Importance of asset management tool Helps in keeping tabs through the asset tracking tool Helps in mitigating risks Guarantees accuracy in amortization rates Helps in easy up gradation of assets Assists in proper disposal of assets Enhances productivity and workflow Have a glance at TYASuite Asset Management Software, which guarantees to provide unique features to assist you in your business asset-related process with efficacy. Grab the FREE TRIAL version now; offer valid for a limited period only!

Tools and Techniques for Project Management Task evaluation phase clearly outlines all project activities and milestones needed for the project completion. Based on task evaluation, the Project Manager allocates resources, and set up reasonable milestone by taking into account of team members’ productivity, availability, and abilities. In project management terminology, resource can be people, equipment, facilities, funding, or any other thing that are required for the completion of a project. Success in delivering projects with limited pool of resources depends on finding the right resources for the job, balancing resource supply with demand, and empowering employees. The efficient way of using resources is by pooling them, which optimally reduces project expenses. Pooling of resource provides greater benefits to participating interests as compared to individuals working on their own. Sorting resources for each engagement based on competencies, preferences and availability makes it easier to get a list of qualified candidates to complete the tasks. Resource pooling helps in analyzing, scheduling and utilization of resources to achieve optimal resource utilization, and thereby it is cost-effective. It is very important that all parties that are involved in the project are able to collaborate during the definition phase, thus helps in maximizing resource usage, minimize cost, and maximize profitability. In more complex environments, resources could be allocated across multiple, concurrent projects, and thus requires easier and secure ways of sharing. Usually, Project Management Soft wares helps in analyzing the capabilities of resources that gives insight into resource supply and demand. Also, resource skills-tracking functions ensure that right people are working on the right projects. Smart Admin helps to identify resources based on their abilities and help Project Managers to select the right resource for each project. The potential team members who can participate in the next 24 hours can be retrieved using the tools as defined in the SMART ADMIN along with their abilities based on past record.

Pay per click (PPC) management is the process of supervising a PPC strategy and budget of a company.

Project Budget and Return on Investment in Project Management Cost estimation is directly related to project budget, and overall Return on Investment (RoI). Project cost is the budget available for the overall project completion. Cost estimation process helps in identifying project risks and provides an option to discuss alternatives if new requirements are needed to be added. The accurate project costing plan enables one to weigh anticipated benefits against anticipated costs to assess if the project makes sense. Further, it allows one to review the periodical fund requirements, and also serves as a guideline to manage project on day to day basis. The main factors to be considered while calculating project costs are: • Manpower • Materials • Equipment • Premises • Service Providers Different cost estimating techniques are available which allows one to effectively assign corresponding resources and develop schedules to manage the project successfully. Resource costing is a common method where all the resources like equipment, material, services, and manpower needed for the project are listed and sum up their costs. Small businesses use resource costing for larger or more complicated projects. Small or simple projects can be evaluated using a cost-per-unit that is characteristic of the project. The characteristic unit is a measure of the size of the project that is indicative for the particular project. The total cost can be divided by the number of hours/units needed and can assess cost per unit or cost per hour. If the project is typical of one’s industry and businesses have completed similar projects over the past few years, an empirical approach can be highly accurate, and take the least time. To use this approach, one usually needs to buy software or a paper-based system that contains statistical information about the other, completed projects. By choosing the characteristics that apply to the present project from a list, and by filling in the overall parameters such as size and location, one can ask for cost break down. The system will provide typical costs for that kind of project. One of the most transparent ways of estimating the cost of a project is to base it on previous work. If company has completed a similar project recently, all the required costing information is available from the project files. Most of the time, historical data gives the most accurate prediction of future costs. Smart Admin allows you to estimate project cost per unit or per hour which ultimately results in better control over project cost. Further, one can retrieve past data from the applications of Smart Admin to understand the historical performance of similar projects. The cost per hour can be estimated based on the total hours allocated by the project against the total cost using the various tools in SMART ADMIN.

CRM stands for Customer Relationship Management and as the name suggests it really helps the business to maintain a relationship with the clients, without CRM, it’s impossible to manage all the customer’s data. CRM helps us to know the insight of the customer, what are their likes/dislikes, their special days like birthday, anniversaries, how much they were spending, on which items they were spending, from how many months or years they were our valuable customers and many things, it won’t be possible without CRM. CRM is a technology which manages the data of your company’s customers, interaction with their potential customers, reminds us to send greetings on a special occasion, sends customized offers on that specific day, and helps us to forecast the sales. In short, CRM is a system or a tool that helps the business to improve relationships with the customers and it helps to stay connected with the customers, streamline processes and maximize the profit. Feel free to reach me!

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STRATEGIC COST MANAGEMENT & PERFORMANCE EVALUATION for CA Final was introduced in 2018 and the first examination for this paper was held in May 2018. The paper signifies the importance of exposing the aspiring Chartered Accountants to the ever-growing world of corporate management. The videos modules developed by Takshila Learning are a sincere attempt to place at the disposal of the examinees to this paper, a concise study and learning material. It will not be too presumptuous to claim that these modules are enough for passing out the examination and also we ensure that these modules will give a definite direction to students to conveniently and efficiently do the related work in their domain. In the following paragraphs, the entire package of modules is briefly described along with a brief background of the significance of the subject of the CA paper- STRATEGIC MANAGEMENT and PERFORMANCE EVALUATION. COST ACCOUNTING evolved into the MANAGERIAL COST ANALYSIS in the 1980s and the MANAGERIAL COST ANALYSIS has evolved into what is called STRATEGIC COST MANAGEMENT in the last three decades. Interest in cost management is derived from the rise to prominence of strategy over the past 20 years. Performance evaluation is the process of managing an organization’s strategy. There is an extensive and rapidly growing literature on the concept of STRATEGIC COST MANAGEMENT AND PERFORMANCE EVALUATION. The total package comprises of over 80 lecture modules covering all units as mentioned in the syllabus. Part A is on STRATEGIC COST MANAGEMENT and Part B is on PERFORMANCE EVALUATION ABOUT THE TEACHER Dr.jagannathan is an experienced academician with over 45 years in academic life. He is a holder of graduate, post-graduate and a PhD degree in commerce conferred by the University of Delhi. Being a fellow of the Institute of cost accountants of India, he has been practising as a management accountant for the past 20 years with wide exposure in corporate accounting, apart from teaching and other academic activities in accountancy which has been his passion for years. He has headed the accounting institute, academic institute and involved in guiding the preparation of books in accounting, conducting examinations in accountancy and still continues to do this. If you need help with CA Final Paper 5 – Strategic Cost Management & Performance Evaluation contact Takshila Learning‘ CA Exam Expert. Also, you may begin your preparation with the CA Final Free Demo Classes. Now students from all over India can learn from India’s Most Experienced Professors online and get their dream career. In the end, it is pertinent to emphasize that background of cost accounting is essential to attempt this paper and therefore it is assumed while discussing various topics in these lecture modules. Takshila Learning wishes best results to all the user students and would be happier if genuine feedback is forwarded to us for further improvement in the modules. NEED ASSISTANCE IN BUYING / ORDERING? Call @ 8800999280 / 8800999283 / 8800999284 https://www.takshilalearning.com/course/ca-final-paper-5-strategic-cost-management-performance-evaluation/

Project management is an essential skill for many mid to senior-level professionals who already have some experience and are aspiring to work in a managerial or leadership capacity. Due to the dynamic nature of work in today’s industry, project management has emerged as one of the most critical skills as it involves rigorous analysis, planning, development and implementation of a good management plan to manage a specific project towards completion. As per a report by Project Management Institute (PMI) released in 2017, India will have the second-highest number of jobs for project managers, behind only China. It is expected to have 70 lakh new project managers between 2017 and 2027. This means that project management is an increasingly popular skill set that several professionals seek for upskilling and better career prospects. The Importance of Project Management Skills In a world where digitisation is at the forefront of economic growth, there is a need for skilled professionals to work in tandem with technology. Project management becomes even more relevant as there is a need for professionals who can effectively manage and maximise technological benefits. There are several advantages to pursuing project management as it creates a positive impact on the business. It is important because it provides the organisation with a roadmap, wherein the manager is able to think of the final outcomes and design the project’s processes accordingly. As someone who leads the team, the project managers also create accountability so that the goals are met on time. They enforce the processes and keep the entire team aligned with the project’s goals. In addition to designing clear objectives, project managers are also able to make long-term sustainable plans to help the teams be on track till the project reaches completion. To know more: https://timestsw.com/blog-detail/the-growing-relevance-of-a-project-management-certification/

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Every organisation that operates in the present-day business environment knows how important information is for the survival of the business. It has become imperative for every organisation to have access to the right data and information at the right time to make business decisions that help the business to operate in the long run. However, the amount of data and information that businesses need to make use of today to thrive in the competition is huge and to manage this overload of information, organisations employ information systems.Information systems are all components and activities that enable an organisation to collect, create and distribute useful data that would help in managing the organisation efficiently and effectively. Owing to their increasing importance, these systems have become integral to the success of experienced and aspiring business professionals enrolled in the executive general management programme. To know more: https://executive.timespro.com/course/general-management/iim-lucknow-general-management-programme-for-it-professionals/

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Uncertainties, rapidly changing technology, and the increasing focus on sustainability has driven many organisations to develop specific methods for managing projects. Hence there is a great demand for highly qualified professionals who can manage those projects efficiently from start to the end. 1. The Importance of Project Management Project Management is a practice of planning, initiating, executing, and controlling a project. It is the act of managing all aspects of a project, from team to tasks to tools. The importance of project management can’t be overstated. If done right, it helps every part of the business run more smoothly With the right project management practices and techniques, project managers can: • Define what tasks need to be completed, when and how • Classify who is responsible for which task, • Monitor and track progress, • Gain project stakeholder’s confidence • Log the potential risks • Predict the impact of possible outcomes • Predict how the risks can be handled • Determinehow funds will be utilised and expanded overtime etc. In all, PM methodologies can revolutionise the way your team works. It will help you deliver quality projects within the right time and budget. This means happier stakeholders, satisfied customers, better ROI, and a more fulfilling workforce. With the importance of project management only growing, the need for skilled project managers has never been more crucial and demanding. According to the talent gap analysis by Anderson Economic Group (AEG), project management-oriented labour force in seven project-oriented sectors is set to grow by 33% and create nearly 22 million new jobs by 2027. Employers will need nearly 88 million individuals in project management-oriented roles with China and India representing more than 75% of the total project management-oriented employment. 2. The Evolution of Project Management All of mankind’s greatest accomplishments- from building the great pyramid to discovering a cure for polio to putting a man on the moon- began as project. Ever since there have been work endeavors that could be defined as “projects”, people have been using management tools and techniques. After all, without some form of planning, communication, and strategy, nothing can be effectively accomplished. However, it is said that the concept of Project Management evolved in the field of engineering first in the 1950’s. The two forefathers of project management Henri Fayol and Henry Gantt build the foundation of Project Management as we know it today. Based on their methods of breaking down work into smaller tasks and the proper allocation of resources, modern theories evolved, and the concept of Project Management grew and expanded in almost all fields. Later the constant development and increasing popularity of computers- changed the way we worked. Every task was being done faster and the projects were been completed in much less time than before. 3. The Need for Upskilling to Maintain Employability Project management practice is essential for both small and big projects. It is a crucial component for every kind of business. Therefore, organisations are constantly looking for project managers who are skilled and experienced. The demand for project managers in India is at an all-time high. As per reports, against an annual requirement of 400,000, only 35,000 professionals have the right knowledge and skill in project management.[2] Such statistics indicate the increasing need for upskilled project managers in India. PMI reports that “India will require 70 lakh, new project managers, in next ten years and will emerge as the fastest-growing country in the world when it comes to project management-oriented employment”. Therefore, it is essential for aspiring professionals to be skilled in this section. A workforce skilled in dealing with multiple projects while using resources optimally is a boon for any organisation. Key points: • Project management deploys knowledge, skills, tools, and techniques to deliver quality projects. • Project management professionals have to use a variety of tools, techniques, and approaches to meet the needs of a project. • Upskilling the workforce and empowering a new generation of talent with project management skills will help bridge the talent gap. • 4. How Does Executive Education Help? Executive education is an excellent tool to bridge the Project Management talent gap. • Executive programmes are distinct from regular management degree courses. The focus of the programme is around case-solving and building on the core skills with practical industry scenarios. The rationale behind all these programmes is to enrich the existing skillsets of the working professionals and prepare them for the evolving market scenarios. • Executive development courses usually offer certification or a diploma on completion. It not only upgrades one’s resume but also helps business professionals to stay ahead in the curve of competition. • 5. IIM Kashipur’s ECPPM One such certificate program is IIM Kashipur’s Executive Certificate Programme in Project Management or ECPPM. Over the course of 5 months, the programme equips participants with contemporary knowledge, tools, and techniques to manage all stages of the project lifecycle. Delivered through an interactive learning platform, the certificate program in project management will enrich your understanding on the concepts and principles of project management and elevate your competency to deliver projects within the desired time and budget. To know more: https://timestsw.com/course/iim-kashipur-executive-certificate-programme-in-project-management/

India is home to several MNCs and unicorns and has rapidly adapted to technological innovations and business trends. The country is also one of the fastest-growing economies in the world.[1] To thrive amidst emerging trends, businesses need competent senior managers who have a futuristic outlook. They need to be highly skilled to strategise effectively and execute seamlessly. Moreover, they must possess decision-making capabilities with a problem-solving approach. The World Economic Forum (WEF) predicts that 133 million new job opportunities will come up in 2022 creating more work. However, this also means that a significant number of employees, approximately 54%, need to upskill or reskill themselves to remain relevant in the market. These statistics show the importance of upskilling and senior management is no different in this regard. As leaders in one of the fastest-growing economies of the world, they need to be adept with technological advancements such as AI, analytics and more. Additionally, they must also possess good communication skills as they often become the face of the company in the future. Career Path of a Senior Management Professional If you are a senior manager right now, later in your career, you could end up with one of the titles below: Vice president Vice president Director Director/ Associate Director Principle Operations Manager/Director President/Owner Partner Senior managers may progress to upper-level positions by demonstrating proficiency in all aspects of their roles. Their performance history, professional qualifications, experience levels and area of expertise all play an important factor during potential promotions. KEY POINTS: India is one of the fastest-growing major economies in the world. To thrive amidst emerging trends, businesses need competent senior management professionals who have a futuristic outlook. They need to be highly skilled to strategize effectively and execute seamlessly. Senior management programs are geared towards upskilling in management and teaching them to adopt a futuristic approach. These programs are tailored especially for working professionals who wish to accelerate their careers by pursuing an executive program. Challenges of Transitioning into Senior Management Roles Transitioning into a senior management role is not an easy job. It is quite a daunting and challenging process. Moving up the ladder requires changing focus. Just as you change the lenses of the camera to get a wider angle and broader view, so is management practice. The new role requires new skills and capabilities. These may be at an operational level, functional level, or a behavioural level. Senior managers need to be able to get the work done through others by effectively delegating and leading others. Additionally, the focus must be on strategic thinking and planning, understanding group dynamics and budgetary and production planning on a broader scale. Senior managers, need to have a strong “lead by example” mentality. It is a vital component of success in senior management because it’s going to leave an impact on the subordinates. Moreover, new managers need to build self-awareness and emotional intelligence while closing gaps in performance. To know more: https://timestsw.com/blog-detail/why-upskilling-is-needed-to-train-indias-senior-management-professionals/

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Hello All, Very good carrier opportunity to all IT/Non IT Recruiter across India !!! We are looking for female "HR candidate" to place our IT/non IT candidates to MNCs across India as a "HR consultant/Placement Officer" in the EMT PVT LTD and Its well furnished office Located at Kengeri Satellite Town, Bengaluru... 1. Should have very good communication skill with min 3 to 5 yrs of Exp. 2. Should have MBA in HR and should have knowledge on HR consulting services 3. Ready to work as a company "business partner" for this HR consultancy company for Manpower outsourcing. 4. Salary is best in the industry Plus Incentives candidates !! 5. Should have some good contacts with MNCs company HRs/Managers/etc. I Would Like To Take This Opportunity To Introduce Resource Management As A Business And Process Driven Company, Seeks To Offer Talent Building Resources To Strengthen Organizational Skill Sets And Employment Relationships. Placing Talented People In The Right Positions Is The Key To Attaining Outstanding Business And Career Development. Resource Management Has Gained The Respect Of Job Seekers And Employers Alike By Matching The Right People With The Right Employers. Being Recruitment A Manpower Driven Business, We Understand The Importance Of Synergy. With Our Extensive Experience Across Contract, Permanent And Technology Search Recruitment, We Are Sure We Can Deliver A Service That Will Allow You To Continue Focusing On Your Key Business, Whilst On Your Behalf, We Focus On Ours. Resource Management Has Gained A Considerable Network Of Contacts And A Database Of Quality Candidates, Which Has Been Generated Through Networking, Referrals And Advertising Across A Wide Range Of Media. We Understand Our Clients' Business And Corporate Ethos By Building Long-Term Relationships With Our Clients, Taking Time And Care To Understand Their Strategies And Goals As Well As Their Recruitment Needs. Please call me for more info... Thanks, Kubera Phone:no:9591922100 EMT Ltd Founder & MD Bengaluru

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With continual efforts towards excellence, we have kept pace with the changing market trends and requirements. We are also engaged in upgrading our training modules and exercise sessions regularly. Moreover, our domain expertise incorporates: • Physical fitness training • Instant first aid provision • Basic fire fighting skills • Daily briefing on security issues • Maintaining good public relations • Updated knowledge of the latest surveillance system • Strict understanding of job responsibility and duty Our Team We have been able to provide best services for all kinds of industrial, commercial and personal security requirements. For the purpose, we have nurtured a team of highly trained security personnel. These are employed after an intensive recruitment process, judging them on their skills and fitness. They are physically well-built, tactful, agile and are efficient in handling all kinds of enduring situations. 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Following are some of our factors, that set us apart from others: • Efficient and trained team • Strong belief in job and responsibility • Physically fit security personnel • Instant arrival at location Products & Services We are leading providers of highly professional Security Services. Our Security Services is engaged in undertaking these services, which include Individual Securities, Night Patrol Systems, Group Securities, Events Security and Security Force. We also provide Temporary Body Guard, Permanent Body Guard, Group Body Guard, Security Coverage, Body Gaurd, Permanent Body Guard,, Industrial Security and Industrial Security Armed and Armed Body Guards. Comprehending the varied requirements of our esteemed clients, we can offer these services proficiently. We ensure that these services are carried out in an individualized manner as per the clients' requirements. These services can be availed for personal or organizational safety. The services offered by us are as follows: Contact Details Sri Muthamizh Security Services Mr.P.Thamilarasan. Call Us: No.03.Muthamizh Nagar 3 Extn Sedarapet Puducherry - Web: http://sri-muthamizh-security-services.webnode.com/

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