Discussion on the great east japan earthquake and tsunami disaster.

Need an research paper on the great east japan earthquake and tsunami disaster. Needs to be 5 pages. Please no plagiarism. Friday, 11th March 2011 was a normal afternoon for most Japanese residents. but this particular afternoon remains a mark of recollection. It is an afternoon that changed many lives. A massive earthquake (about 9.0 magnitudes (MW)) hit Japan at 2:46 pm near the city of Sendai in the Prefecture of Miyagi. The earthquake’s epicenter was approximately 70 kilometers east of Oshika Peninsular of Tohoku (Nanto 1). Almost all regions throughout Japan experienced the seismic intensity of the initial earthquake to some degree. However, it was felt strongly in most regions of Tohoku and in the northern part of Honshu Island and less in west Japan and on the northern island of Hokkaido. &nbsp.Ultimately, there was only little damage caused on infrastructure including the ski resorts even in areas worst hit by the earthquake. But this event led to the closure of a number of ski resorts in northern Japan in a bid to cut down electricity expenses and check facilities. However, the earthquake triggered very powerful Tsunami waves that caused loss of life, injuries, and destruction of property. In Miyako, the waves reached a height of 40.5 meters while in Sendai area, the waves traveled up to 10 kilometers. The Tsunami waves are said to have tilted the earth on its axis to approximately 10 cm to 25 cm. The Japanese National Police Agency authenticated that 15, 850 people had died, 6,011 injured while 3,287 others were missing. Over 125,000 buildings were destroyed (Nanto 2). Extensive structural damage also occurred ranging from damage of roads and railway to fires to collapsing of dams. Nuclear accidents were also witnessed after the meltdowns of three reactors in a power plant complex in the Fukushima Daiichi. Hundreds of thousands of residents in zones around the nuclear power complex were evacuated. It is estimated that around 4.4 million households were left without electricity while about 1.5 million others were left without water. Many people in Japan were never in the mood for going out either to spend money or to enjoy themselves.

Discuss the benefits of project management

I need some assistance with these assignment. the benefits of project management Thank you in advance for the help! Ineffective project planning can lead to a lot of risk management since the processes such as monitoring and coordination lacks much seriousness.

Therefore, the importance of project management in organizations is a vital factor in the realization of the firm’s objectives and targets. Good project management leads to the business services of an organization gaining a lot of advantage, which appears through good attainment of goals, utilization of optimal resources and the making of informed business decisions. Another importance is that a competitive advantage takes a toll through an energized workforce through the execution and collaboration of a business culture, which, ensures the customers are satisfied fully. A well planned and systematic project management plan can create a source of the organization’s tangible profits. Another importance is that top management is able to attain exact and accurate time data for the purposes of making informed decisions in business-related matters.

The project management cycle undergoes a five-step approach. they are initiation, planning, execution, monitoring/control, and closure. Initiation is a process involving the giving of an overview of how the project looks like, and the strategy implemented in the organization’s plan. This is done to achieve the desired results and in addition, it is where a project manager is appointed to guide the rest of the project members due to his or her experience and skills. Planning is the second step, which includes risk assessment alongside defining the system used in order to complete the plan. Execution and control are the third and fourth step respectively, which involves planning a solution used for the implementation of solving problems noted in the requirements of a project.&nbsp.

At this stage, we know that when estimating the FCFs of an investment project w

At
this stage, we know that when estimating the FCFs of an investment
project we need to estimate EBIT*(1-t) or EBIAT, add back Depreciation
and any other Non-Cash Expenses, and then we have to subtract
Investments required by the project, and all of them for each period
being forecast. When considering required Investments, we have to
consider:
Investments in Fixed Assets, also called Capital Expenditures or CAPEX, and
Investments
in Working Capital (WC), also called Investments in Net Working Capital
(NWC) or Investments in Working Capital Requirements (WCR). Sometimes
people refer to them replacing the word “Investments” with the word
“Changes” in all the previous names. The reason is that the amount
invested in WC (or NWC or WCR) coincides with the change in WC (or NWC
or WCR) between this period (that we are estimating the FCFs for) and
the previous one. Sometimes people refer to this kind of investments as
Operating Expenditures or OPEX, which may be confusing, since even more
often people abbreviate Operating Expenses (a completely different
magnitude) as OPEX too. People use WC, NWC and WCR as different names
for the same magnitude. However, this a problem because Investments in
WC is the term chosen more frequently by more people. However, in this
context WC does not have the same meaning that accountants usually give
it, which is as (All) Current Assets minus (All) Current Liabilities.
Actually in this context, WC is (Some) Current Assets minus (Some)
Currrent Liabilities. And in fact, the name which better describes its
interpretation is Working Capital Requirements (WCR), which allows us to
understand that it is a different magnitude than WC, but paradoxically
WCR happens to be the least used name.
With these preamble, we want to focus here in understanding this magnitude of “Investments in WC(R)” in several steps:
We
said that WCR = (Some but not necessarily all) Current Assets – (Some
but not necessarily all) Current Liabilities. Let’s begin by trying to
explain and illustrate in the clearest way possible, which Current
Assets should be included and why.
It
should be almost as obvious as it is for Fixed Assets that the Current
Assets described in a) represent an investment. Can you explain why?
Can
you explain which Current Liabilities should be included in the
determination of WC(R) and why? Can you explain why the remaining
Current Liabilities are excluded?
The
answer to the coming question may have been implicitly or explicitly
provided in the answer to c) but, just in case, can you explain why if
Current Assets represent an investment as indicated in b), do we need to
worry at all about (some) current liabilities as described in c)?