Risks Vs Planning Essay

604 words - 2 pages

Success is defined as attainment of wealth, favor, or eminence. To attain success, however, is very difficult. One must wonder whether success is obtained through risk taking or through careful planning. I believe that success is the result of tedious planning. Planning can give an individual complete control over the situation and will not put that person in an unexpected position; it also builds confidence for the person doing the task and helps avoid impractical stunts.By planning carefully, one will be in full control of what is going on and what is required to accomplish the next step. It also builds confidence in that one will not be placed in a situation that is not planned; one can be confident about the result as opposed to worrying about the outcome. One cannot solely live for the moment, but would have to be prepared at what life throws at him. For instance, when a student has to take a final exam, he should outline what he is required to study and spend time to study, as opposed to hoping that the test be rescheduled to another day or perhaps praying that it will be an easy test. One should not gamble in such important circumstances. Therefore, being prepared can let an individual live life peacefully and avoid the mental stress involved in being unprepared.By analyzing the possibilities that one may succeed, one can avoid attempting an unreasonable feat, thus saving precious time and energy. It also gives an individual more options to fallback on in case one should fail. In a perfect world, if someone gives his best, he should succeed. However, we do not live in a perfect world so this kind of wishful thinking is impractical. Giving one’s all may not be enough for success,...

Find Another Essay On Risks vs Planning

Portfolio Analysis and Investment

984 words - 4 pages Portfolio Analysis and Investment This assignment is concerned with your understanding of the key issues relative to portfolio analysis and investment. In completing this assignment you are to limit your scope to the US stock markets only. Use the Cybrary, the Internet, and course resources to write a 2-page essay which you will use with new clients of your financial planning business which addresses the following issues and/or practices

W.L. Gore & Associates Marketing Analysis

1487 words - 6 pages organizational structures of the company still seem to be somewhat traditional despite the company’s efforts to bring changes and improvement in them. In this scenario, it is significant to carry out research in order to find out the challenges and issues of marketing policies and strategies of the company and to recommend it some options and suggestions. TASK 1 PLANNING PRINCIPLES AND TOOLS AND TECHNIQUES FOR MARKETING STRATEGIES

operations

997 words - 4 pages changeOwen, R., et al, Is Agile Project Management Applicable To Construction? Proceedings IGLC-14, July 2006, Santiago, ChileMaylor, chs, 6-7,Nicholas, chs 6-7Maylor, H: Beyond the Gantt Chart - Project Management moving On - European Management Journal, vol.19, no.1 Feb 2001, pp.92-100- useful article describes the role of strategy and gantt charts in projectsWeek 4 - Project Planning and ControlMaylor, chs 5,13Nicholas, ch 5, 11Barnes, Pashby

Left Versus Right Brain Learning

1167 words - 5 pages Our brain and its learning styles have always been in a constant state of change and thus it’s ever evolving. The brain is divided into two major areas, the left and the right brain; they both impact our learning abilities differently. Today, a closer look at the fundamental question of the left brain vs. the right brain and how this impacts our overall learning will be explained. According to (Scannell & Burnett, 2010) the term learning can

Management and Leadership

778 words - 3 pages . Management needs to be good at using the four main functions that we have spoken about previously and those functions are: planning, organizing, leading, and controlling. The difference in perspective between management and leadership is that managers think incrementally, while leaders think radically. Richard Pascale once said "Managers do things right, while leaders do the right thing." I believe that this means that managers always do things by the

Attention MEAP/PaaS players – The Eagle has landed!

763 words - 4 pages . • Innovation – Organizing University hackathons, Developer’s week Hackathon, Brainstorming session etc. • Planning, Elicitation and Requirement Analysis – Agile Scrum methodology. Rationale: To offer a differentiating value and beat the competition in MEAP field among leaders such as Antenna Software, Kony, Vervio SAP Mobile Platform, Adobe, jQuery Mobile, and others such as PhoneGap, Appcelerator, Twitter Bootstrap etc as reported by Gartner 2013 report

Software Development Life Cycle: Insource vs Outsource

1049 words - 4 pages Software Development Life Cycle: Insource vs Outsource After hearing the hype and realizing the alluring advantages of outsourcing, many companies are weighing the options of outsourcing vs insourcing when developing a software application. Software development requires intricate planning, skilled implementation, and thorough testing. Understanding the Software Development Life Cycle (SDLC) is important in order to track project progress

Product Offering

1257 words - 5 pages IntroductionMicrosoft plans to introduce new software products to China and other developing nations. Strategies need to be developed to develop Microsoft into Chinese culture. Brand image and potential will need to be evaluated. The Chinese market needs and risks are analyzed in our paper. In our introductory product launch, we show Microsoft's potential for software sales in China.Market Needs and GrowthMicrosoft is globally recognized to be a

Presenting a Methodology for Project Managers

1735 words - 7 pages 1.1. Background of Construction The construction of a complex structures is a major undertaking. That to in the public sector project feasibility and public support for future projects are partially based on the success of past projects. And in the private sector large complex structures can be financially rewarding or devastating for both the builder and owner. Most complex projects share the common theme that they are brought with risks and

Possible Improvements to Denver's Airport Baggage System

1304 words - 6 pages is very clear that there is no proper planning and an effective decision. Hence, it is the duty of project manager to see in the initial stages of the project what are the uncertainties and risk involved in the project which leads a major change in the project. A proper planning and a proper decision is the key solution to the problem. If in any project team there a situation arises where major change is to be occurred, expertise consultation

Management and Leadership

1163 words - 5 pages , focus on managing work, have subordinates, have short term goals and are reactive. They have objectives, approach the objectives by planning, make the decisions, and use formal authority. Managers appeal to the head, are persuasive by stating what needs to be done, want results, minimize risks, and make rules. They also have a transactional style, exchange money for work, avoid conflict, and use existing roads. Generally, managers are concerned

Similar Essays

Summary Of “Security Best Practices For It Project Managers”

627 words - 3 pages be expected due security threats. ALE considered useful for security risk calculations because of the nature of IT projects, but in the absence of a better method, ALE can be used to estimate and get a close result to the cost of risks. Project managers are responsible to identify the stakeholders using “Interest vs. influence stakeholder matrix” which allow them to identify the security office, the sponsors …etc. the project manager should make

Parents Influence On The Development Of Self Esteem

1748 words - 7 pages could develop a distrust and view the world as inconsistent and unpredictable, Autonomy vs. Shame and Doubt: at this stage (18months - 3 years old) the child learns to feed themselves and do things on their own if they do not do so they could start feeling ashamed and doubt their abilities thus lowering their self-esteem, Initiative vs. Guilt: this is preschool age (3 -5 years old) this is when the child starts using initiative planning out plans

Management Planning Paper

1619 words - 6 pages business, leverage strengths into new products and services, and open new frontiers" (Boeing mission, Vision, and Values, 2012, p. 28). Boeing is known for its successful management planning and for the knowledge to know when a plan needs modifying to protect both the company and the project. Boeing like many other companies has taken risks, which has result were deemed unfavorable, which forced them to change plans to salvage the project. An

Kraljic Matrix Simplified Essay

2164 words - 9 pages business life and the complexion of supply market. As dozens of companies have already learned, supply and demand patterns can be upset virtually overnight.To ensure long-term availability of critical materials and components at competitive cost, a host of manufacturers will have to come to grips with the risks and complexities of global sourcing. Others that already source on a global basis must learn to cope with uncertainties and supply or price