McDonalds :: essays papers

McDonalds This is an exciting and interesting essay to write for a number of reasons. For one it's an honour to make a research on one of the most profitable societies of the world, for second because the kindness of McDonald's employees and the precision of McDonald's Web site, are perfect sources for all kind of information that can help analyse through Porter's value chain, all the aspects of its value creation. In the late 1940s, Dick and Mac McDonalds were searching for a way to improve their little drive-in restaurant in San Bernardino, California, U.S.A.; they invented an entirely new concept based upon speed service, low prices, and big volumes. Word of its success spread quickly, in 1952 they had more than 300 franchising inquires a month from all over the country. McDonald's is now the largest and best-known foodservice retailer and one of the two best-known and powerful brands in the market. With more than 24,500 restaurants in 115 countries, some of those operated by the company, some by franchisees or by affiliates operating under joint-venture agreements. The global market potential is still huge: yet on any day, even as the market leader, McDonald's serves less than one percent of the world's population. The restaurant chain plans to expand their leadership position through convenience, superior value and excellent operations. The effort to increase market share, profita! bility and customer satisfaction has produced high returns to shareholders: a compound annual total earning of 21% over the past 10 years. McDonald's vision is to dominate the world-wide foodservice industry. Universal dominance means setting the performance standard for customer satisfaction and increasing market share and profitability through successful fulfilling McDonald's convenience, value and execution strategies. A precise way of considering McDonald's' role of operations is through Porter's value chain analysis. The Value chain breaks down the firm into its strategically relevant activities, in order to understand the behaviour of costs and the existing or potential sources of differentiation. A firm gains competitive advantage by performing these strategically important activities more cheaply or better than its rivals. For a company which feeds some 38 millions clients every day, finding a reliable quality supplies is a major factor for success. McDonald's has solved the problem by making food supplies part of their success. McDonald's distributors are strategically to be accessible to the each restaurant and carry practically everything, from meat and potatoes to lightbulbs. Coca-Cola, the right well-known drink, has been with McDonald's from the beginning supplying beverages. McDonald's is increasingly using its leverage to capitalise upon global purchasing practices. New restaurants throughout Europe feature tabletops from Belgium; chairs, floors and tiles from Italy; doors from Austria etc.

The Role and Involvement of Senior Management

This essay will analyse the roles and involvement of senior management in determining and executing strategic information system in a global organisation. This will explain how organisation can beat the threat when competing in a global market and what strategy they needs to follow that will enable their business to stand out among other competitive market. Also this topic will states the paramount of information system in helping organisation in making strategic decision in all area of their business and what they need to put in place for them to be successful in their global business such as: like Geographical, their local business partners, the structure of the business, the business legislation in their desired area of location how all this is paramount will be discuss in the essay. I will argue about the assumption of universality of economic entrance and development which is incompatible the reality and development ways in the developing and developed countries. Role and involvement of senior management in global organisation The use and insight of Strategic Information System (SIS) was linked with IT and IS and is purpose is to assist the senior manager to control more effectively in order to improve the areas of communication and to progress in decision making. As the improvement in technology developed the focal point was motivated in the running performance of an organisation processes to a long term strategic view they desired. This was done by using an adopting technologies and systems which helps the management to redesign their existing ways of running and ensuring there is stability in their path. After seeing that there is a superior understanding of the organisation the management were able to be familiar with new ways of utilizing the technology which subsequently make it possible for them to be more effective of the use of information. In all organisations information system plays a vital role in the operation of the business which allows the organisation to process information using database, communication, system and many other applications. In the recent year Information system has become well-known as a means of absorption and the enabler of new competitiveness for today’s scheme in the global organisation. It is very important for senior managers to have a good understanding of the effective and responsible use of information system which will enable them to be successful in their area of businesses when operating in a global environment. When it comes to the aspect of processing decision senior management rely on information systems in making strategic outcome. As a senior management when introducing a strategic information system in Global organisation they must ensure that the importance of user must be involve when making the process and the mangers must provide a guide line which will allow them to maximize user or customer involvement in the design and implementation of a strategic information. Also when the management are making a determination and executing a strategic in a global organisation there are ways in which they can liked their business strategy to define the business needs and structure which will help them in driven into information system and one of the way they can use to do this is by looking into the competitive advantage. There are different types of strategies which the management can put into consideration in order for them to differentiate their product in a competitive market and they can use generic strategies which will help them in reducing their cost, differentiate their product in which they provide on market niche (porter, 1980). In addition, evidence shows that companies that globalize achieve better competitive and financial performance. But globalizing, in the sense of spreading activities around the world, is not enough. Companies also need to be globally integrated. They need globally coherent strategies, global networks, and the ability to maximize profits on a global basis. When considering the geographic and time that might stands like a barrier to promote the organisation in the global world information system can assist the senior management in this particular aspect and the way they can promotes the business is to provides an online electronic market place where customers can purchase any of their product at any particular hours of time. Also they need to understand the business language whenever the location of the business is situated. In looking for a way to develop an appropriate Information system strategies it is very usual to put some form of hole analysis which will help the management in identifying the hole of where the organisation are and where they want to progress to. Conclusion This essay are critically analyse the roles of management in executing strategic information system and has analyse the important of information system which will help them to make a development in their business and to be successful in the globalisation market or organisation environment. An important key factor of this essay is that the commitment of senior management in a global organisation is so essential which lead them to think of the effectiveness of technology and the way they can transform the business that will be different from other competitive market. The choices to be made in order to beat organisational boundaries such as : marketing, operations, finance, legal, business partners, location and other strategic decision can only be made by senior management.

Project on Demat Account

The term Demat, in India, refers to a dematerialised account. For individual Indian citizens to trade in listed stocks or debentures. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions to enable electronic settlements of trades to take place.Access to the demat account requires an internet password and a transaction password as well as initiating and confirming transfers or purchases of securities. Purchases and sales of securities on the Demat account are automatically made once transactions are executed and completed. | | Advantages of Demat The demat account reduces brokerage charges, makes pledging/hypothecation of shares easier, enables quick ownership of securities on settlement resulting in increased liquidity, avoids confusion in the ownership title of securities, and provides easy receipt of public issue allotments.It also helps you avoid bad deliveries caused by signature mismatch, postal delays and loss of certificates in transit. Further, it eliminates risks associated with forgery, counterfeiting and loss due to fire, theft or mutilation. Demat account holders can also avoid stamp duty (as against 0. 5 per cent payable on physical shares), avoid filling up of transfer deeds, and obtain quick receipt of such benefits as stock splits and bonuses. Indian Market ScenarioIndian capital market has seen unprecedented boom in its activity in the last 15 years in terms of number of stock exchanges, listed companies, trade volumes, market intermediaries, investor population, etc. However, this surge in activity has brought with it numerous problems that threaten the very survival of the capital markets in the long run, most of whic h are due to the large volume of paper work involved and paper based trading, clearing and settlement. Until the late eighties, the common man kept away from apital market and thus the quantum of funds mobilized through the market was meager. A major problem, however, continued to plague the market. The Indian markets were drowned in shares in the form of paper and hence it was problematic to handle them. Fake and stolen shares, fake signatures and signature mismatch, duplication and mutilation of shares, transfer problems, etc. The investors were scared and were under compensated for the risk borne by them. The century old system of trading and settlement requires handling of huge volumes of paper work.This has made the investors, both retail and institutional, wary of entering the capital market. However, lack of modernization become a hindrance to growth and resulted in creation of cumbersome procedures and paper work. However, the real growth and change occurred from mid-eightie s in the wake of liberalization initiatives of the Government. The reforms in the financial sector were envisaged in the banking sector, capital market, securities market regulation, mutual funds, foreign investments and Government control.These institutions and stock exchanges experienced that the certificates are the main cause of investors` disputes and arbitration cases. Since the paper work was not matching the rapid growth so there was a need for a better system to ensure removal of these impediments. Government of India decided to set up a fully automated and high technology based model exchange that could offer screen-based trading and depositories as the ultimate answer to all such reforms and eliminate various bottlenecks in the capital market, particularly, the clearing and settlement system in stock exchanges. 1] A depository in very simple terms is a pool of pre-verified shares held in electronic mode which offers settlement of transactions in an efficient and effective way. Object Of Demat System India has adopted this system in which book entry is done electronically. It is the system where no paper is involved. Physical form is extinguished and shares or securities are held in electronic mode. Before the introduction of the depository system by the Depository Act, 1996, the process of sale, purchase and transfer of shares was a huge problem and the safety perspective was zero.Demat Benefits The benefits are enumerated as follows: . Its a safe and convenient way to hold securities . Immediate transfer of securities is there . There is no stamp duty on transfer of securities . Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc. . There is a major reduction in paperwork involved in transfer of securities,reduction in transaction cost etc. . No odd lot problem, even one share can be sold thus there is advantage .Change in address recorded with DP gets registered with all companies in which investor holds securities electronically eliminating the need to correspond with each of them separately; †¢ Transmission of securities is done by DP eliminating correspondence with companies; †¢ Automatic credit into demat account of shares, arising out of bonus/split/consolidation/merger etc. †¢ Holding investments in equity and debt instruments in a single account. Benefit to the Company The depository system helps in reducing the cost of new issues due to less printing and distribution cost.It increases the efficiency of the registrars and transfer agents and the Secretarial Department of the company. It provides better facilities for communication and timely services with shareholders, investor etc. Benefit to the Investor The depository system reduces risks involved in holding physical certificated, e. g. , loss, theft, mutilation, forgery, etc. It ensures transfer settlements and reduces delay in registration of shares. It ensures faster communication to investors. It helps avoid bad delivery problem due to signature differences, etc. It ensures faster payment on sale of shares. No stamp duty is paid on transfer of shares.It provides more acceptability and liquidity of securities. Benefits to Brokers The depository system reduces risk of delayed settlement. It ensures greater profit due to increase in volume of trading. It eliminates chances of forgery – bad delivery. It increases overall of trading and profitability. It increases confidence in investors. Demat conversion Converting physical holding into electronic holding (dematerialising securities) In order to dematerialise physical securities one has to fill in a DRF (Demat Request Form) which is available with the DP and submit the same along with physical certificates one wishes to dematerialise.Separate DRF has to be filled for each ISIN Number. The complete process of dematerialisation is outlined below: †¢ Surrender certificates for dematerialisation to your de pository participant. †¢ Depository participant intimates Depository of the request through the system. †¢ Depository participant submits the certificates to the registrar of the Issuer Company. †¢ Registrar confirms the dematerialisation request from depository. †¢ After dematerialising the certificates, Registrar updates accounts and informs depository of the completion of dematerialisation. †¢ Depository updates its accounts and informs the depository participant. Depository participant updates the demat account of the investor. Demat Options Banks score over others Around 200 â€Å"depository participants† (DPs) offer the demat account facility. A comparison of the fees charged by different DPs is detailed below. But there are three distinct advantages of having a demat account with a bank — quick processing, accessibility and online transaction. Generally, banks credit your demat account with shares in case of purchase, or credit your savi ngs accounts with the proceeds of a sale on the third day. Banks are also advantageous because of the number of branches they have.Some banks give the option of opening a demat account in any branch, while others restrict themselves to a select set of branches. Some private banks also provide online access to the demat account. So, you can check on your holdings, transactions and status of requests through the net banking facility. A broker who acts as a DP may not be able to provide these services. Fees Involved There are four major charges usually levied on a demat account: Account opening fee, annual maintenance fee, custodian fee and transaction fee. All the charges vary from DP to DP. Account-opening feeDepending on the DP, there may or may not be an opening account fee. Private banks, such as HDFC Bank and UTI Bank, do not have one. However, players such as ICICI Bank, Globe Capital, Karvy Consultants and the State Bank of India to do so. But most players levy this when you re -open a demat account, though the Stock Holding Corporation offers a lifetime account opening fee, which allows you to hold on to your demat account over a long period. This fee is refundable. Annual maintenance fee This is also known as folio maintenance charges, and is generally levied in advance. Custodian feeThis fee is charged monthly and depends on the number of securities (international securities identification numbers — ISIN) held in the account. It generally ranges between Rs 0. 5 to Rs 1 per ISIN per month. DPs will not charge custody fee for ISIN on which the companies have paid one-time custody charges to the depository. Transaction fee The transaction fee is charged for crediting/debiting securities to and from the account on a monthly basis. While some DPs, such as SBI, charge a flat fee per transaction, HDFC Bank and ICICI Bank peg the fee to the transaction value, subject to a minimum amount.The fee also differs based on the kind of transaction (buying or sel ling). Some DPs charge only for debiting the securities while others charge for both. The DPs also charge if your instruction to buy/sell fails or is rejected. In addition, service tax is also charged by the DPs. In addition to the other fees, the DP also charges a fee for converting the shares from the physical to the electronic form or vice-versa. This fee varies for both demat and remat requests. For demat, some DPs charge a flat fee per request in addition to the variable fee per certificate, while others charge only the variable fee.For instance, Stock Holding Corporation charges Rs 25 as the request fee and Rs 3 per certificate as the variable fee. However, SBI charges only the variable fee, which is Rs 3 per certificate. Remat requests also have charges akin to that of demat. However, variable charges for remat are generally higher than demat. Some of the additional features (usually offered by banks) are as follows. Some DPs offer a frequent trader account, where they charge frequent traders at lower rates than the standard charges.Demat account holders are generally required to pay the DP an advance fee for each account which will be adjusted against the various service charges. The account holder needs to raise the balance when it falls below a certain amount prescribed by the DP. However, if you also hold a savings account with the DP you can provide a debit authorisation to the DP for paying this charge. Finally, once you choose your DP, it will be prudent to keep all your accounts with that DP, so that tracking your capital gains liability is easier.This is because, for calculating capital gains tax, the period of holding will be determined by the DP and different DPs follow different methods. For instance, ICICI Bank uses the first in first out (FIFO) method to compute the period of holding. The proof of the cost of acquisition will be the contract note. The computation of capital gains is done account-wise. Opening an account Steps involved in o pening a demat account First an investor has to approach a DP and fill up an account opening form.The account opening form must be supported by copies of any one of the approved documents to serve as proof of identity (POI) and proof of address (POA) as specified by SEBI. Besides, production of PAN card in original at the time of opening of account has been made mandatory effective from April 1, 2006. All applicants should carry original documents for verification by an authorized official of the depository participant, under his signature. Further, the investor has to sign an agreement with DP in a depository prescribed standard format, which details rights and duties of investor and DP.DP should provide the investor with a copy of the agreement and schedule of charges for their future reference. The DP will open the account in the system and give an account number, which is also called BO ID (Beneficiary Owner Identification number). The DP may revise the charges by giving 30 days notice in advance. SEBI has rationalised the cost structure for dematerialisation by removing account opening charges, transaction charges for credit of securities, and custody charges vide circular dated January 28, 2005.Further, SEBI has vide circular dated November 9, 2005 advised that with effect from January 9, 2006, no charges shall be levied by a depository on DP and consequently, by a DP on a Beneficiary Owner (BO) when a BO transfers all the securities lying in his account to another branch of the same DP or to another DP of the same depository or another depository, provided the BO Account/s at transferee DP and at transferor DP are one and the same, i. e. identical in all respects.In case the BO Account at transferor DP is a joint account, the BO Account at transferee DP should also be a joint account in the same sequence of ownership. Disadvantages of Demat The disadvantages of dematerialization of securities can be summarised as follows: Trading in securities may becom e uncontrolled in case of dematerialized securities. It is incumbent upon the capital market regulator to keep a close watch on the trading in dematerialized securities and see to it that trading does not act as a detriment to investors.The role of key market players in case of dematerialized securities, such as stock-brokers, needs to be supervised as they have the capability of manipulating the market. Multiple regulatory frameworks have to be confirmed to, including the Depositories Act, Regulations and the various By-Laws of various depositories. Additionally, agreements are entered at various levels in the process of dematerialization. These may cause anxiety to the investor desirous of simplicity in terms of transactions in dematerialized securities.However, the advantages of dematerialization outweigh its disadvantages and the changes ushered in by SEBI and the Central Government in terms of compulsory dematerialization of securities is important for developing the securities market to a degree of advancement. Freely traded securities are an essential component of such an advanced market and dematerialization addresses such issues and is a step towards the advancement of the market. Transfer of Shares between DPs To transfer shares, we need to fill the Depository Instruction Slip Book (DIS).Firstly we need to check, whether both Demat account's Depository Participant is same or not(CDSL or NSDL) If both of them are different, then we need an INTER Depository Slip (Inter DIS). If they are same, then we need INTRA Depository Slip (Intra DIS). For example: If we have one Demat account with CDSL and other Demat account with NSDL, then we need an Inter DIS. Generally, brokers issue Intra DIS, so do check with broker. Once we identify the correct DIS, fill the relevant information like scrip name INE number quantity in words and figures nd submit that DIS for the transfer to the broker with signatures.The transferor broker shall accept that DIS in duplicate a nd acknowledge receipt of DIS on duplicate copy. Do try to submit that DIS when market is on. Accordingly, date of submission of DIS and date of execution of DIS can be same or a difference of one day is also acceptable. For transfer, you shall also pay the broker some charges. Remember: DIS is almost like a cheque book. Accordingly, it can not be misused if issued blank. So deposit only a completely filled in Slip to broker. Do cut out unfilled rows so that none can fill them later on.

5 Guaranteed Strategies to Getting a Raise

5 Guaranteed Strategies to Getting a Raise You know this is your moment. You’ve bided your time, minded your Ps and Qs, and you’re just waiting for your boss to realize and recognize all your hard work with the raise that you so richly deserve. The trouble is, you’re realizing that you might have to actually prompt him or her for it. Here are five  things to consider when you think it’s time to ask about getting a raise and you want your boss to  up your compensation. Remember: it’s easy as ABCA: Achievement. Show your value, what you’ve done for the company, your excellent performance. B: Brand. Yours and the company’s, and how they fit together, how you are invaluable to the company and everybody knows it. And, C: Campaign. Have as much support as possible. If your colleagues think you deserve a raise, chances are your boss will too.Look to the futureIt’s all well and good to say: here’s what I’ve done for you so far. But go the extra mile and show wh at you still have in you to do, and why that should be worth more to your boss. Make your ongoing personal career development crucial and connected to the development of your company. And keep the conversation on the great things you can achieve working together.Be preparedThat said, it’s also important to have a clear outline of what you have achieved, and what your accomplishments have been so far. Show your boss that you’ve consistently gone above and beyond your job and salary parameters, and have gotten the results. Be prepared also to make your case and still not get the answer you are looking for.Do your homeworkDon’t go in there asking for a 25% pay bump when you know the company is making cuts and no one has gotten more than a 5% raise in the past five years. Do know your value, based on what you’ve done and how you’re situated to do even more. Be realistic about what you can ask for in the current climate of your company. Have a precise a nd reasonable range in mind. Your boss will appreciate this level of attention to what’s possible, and your ability to compromise.Be confidentDo so even if you don’t get the raise. If you’ve done the necessary preparation and have a clear picture of your worth and achievements in your head, it’s still cause to celebrate. It means you and your boss know exactly what you’re worth. This doesn’t mean be arrogant, but do enjoy the new perspective on your unique position and worth within the company.

4th Grade Science Experiments

4th Grade Science Experiments Great 4th-grade science fair projects involve answering a question, solving a problem, or testing a hypothesis. Usually, a teacher or parent helps work out the hypothesis and design the project. Fourth graders have a good understanding of scientific concepts, but they may need help with the scientific method and organizing a poster or presentation. The key to developing a successful project is finding an idea that is interesting to a 4th grader. Experiment Ideas The best experiments usually begin with a question to which you dont know the answer. Once youve formulated a question, you can design a simple experiment to help figure out the answer: Do cockroaches have a preference for direction? Catch and release cockroaches. Which way do they go? Is there a common trend or not? You can try this project with ants or other crawling insects as well.Do colored ice cubes melt at the same rate as clear ice cubes? Add food coloring to an ice cube tray and compare how long the colored cubes take to melt compared to the regular ones.Does magnetism travel through all materials? Put different materials between a magnet and metal. Do they affect how strongly the magnet is attracted to the metal? If so, do they all affect the magnetic field to the same degree?Do all crayon colors last the same? Draw a really long line with one color, then draw the same length of line with another color. Are both crayons the same length?What is the effect of microwaving seeds on their germination rate? Test seeds that sprout quickly, like radish seeds, and different microwave times, such as 5 seconds, 10 seconds, 30 seconds, one minute. Use a control (no mi crowave) treatment for comparison. Will seeds germinate if you soak them in a liquid other than water? You can try milk, juice, vinegar, and other common household liquids. Alternatively, you could see if plants will grow if they are watered with liquids other than water.Make a simple homemade windmill. What is the best number of blades for the windmill?How much salt (or sugar) can a plant tolerate? Water plants with a different solution of salt or sugar. How high of a concentration can the plant tolerate? A related question would be to see if plants can survive if they are watered with soapy water such as leftover dishwater.Do birds have a preference for birdhouse material? In other words, do they seem to care if the birdhouse is made of wood or plastic or metal?Do worms react when they are exposed to light? Do they react differently when they are exposed to different colors of light?Do ants prefer different types of sugar? Test using table sugar, honey, maple syrup, and molasses.Can you taste the difference between foods that contain fat and fat-free versions of the same product? Compare the water filtration rate of different brands of coffee filters. Take one cup of liquid and time how long it takes to pass through the filter. Do the different filters affect the flavor of the coffee?Do white candles and colored candles burn at the same rate?Write messages using different types of invisible ink. Which was the most invisible? Which method produced a message that was easy to read after it was revealed?

Leading theories of free will Essay Example | Topics and Well Written Essays - 750 words

Leading theories of free will - Essay Example Free will has been described as; having the ability to make decisions or choices, devoid any kind of limitations. As such, anybody who desires to make a decision out of free will, should not be influenced by any external forces or interferences whilst making such a decision (Kim et al, 2009). However, in reality, this is not often the case. Most decisions people make out of free will are, often based on some kind of influence, either from personal preferences or external interference. It is for this reason that hard determinism best describes the concept of free will. Hard determinism, as described earlier, claims that free will is inexistence. This is true because while it affirms to the philosophy of determinism, it does not agree that it is compatible with free will. It is next to impossible for one to make a free will without determinism and at the same time carry the belief that determinism affects free will, as claimed by compatibilists. A case in point is a situation where one needs to be morally accountable. It is agreed that most institutions or nations have certain morally guiding principles. In such a situation, one is expected to choose from two options; the moral option or the immoral stand. In the case of libertarianism, one should not be held morally accountable if he or she chooses the ‘immoral’ option since it supports free will, devoid of external or internal influences. It is for this reason that hard determinism comes into place and justifies the need to act ‘morally’ since that choice is influenced by a deterministic factor. The application of hard determinism can be justified through creation of ethical standards to correct wrong doers in a society. If everyone had the free will to do anything that they deem logical, then criminal behavior and other vices in society could be justified. It is for this very same reason that there exist standards to regulate human behavior to ac t according certain prescribed code of conduct (Kim, et al, 2009 p 47). This means that no one has the free will, like in the case of libertarianism or Compatibilism, to

Project Management Review Coursework Example | Topics and Well Written Essays - 1250 words

Project Management Review - Coursework Example In other words, communication is the most significant element within any project. Project managers mainly use three communications channels namely upward channel, downward channel, and lateral channel in order to ensure effective communication at various levels. Since the project communication significantly affects employee performance, project mangers must ensure effective upward and downward communication in order to maintain a high-performance team working on the project. The process of project management mainly passes thorough eight distinct phases. The project management phases are team assembly, project initiation, project planning, project execution, project leadership, project monitoring and controlling, project presentation, and project conclusion. Communication is a vital component in all these eight project phases. However, the given scenario indicates only the project presentation phase. ... Therefore, resource scheduling may not be effective if the project manger is unskilled or inexperienced. In other words, a project manager’s competence would determine the flow of project development. Likewise, the resource scheduling program may not produce the intended results unless other project participants are really committed to the project. In the words of Kalton and Richards (2008), resource scheduling technology usually indicates procedures and software applications tools for planning and scheduling resources employed in a project. Therefore, improved technology’s deficiency may also reduce the scope of resource scheduling. In total, efficient and integrated operation of the project team is crucial for the successful completion of a project. 3. According to Gray and Larson (2005, p. 183), people, materials, equipment, and working capital are four types of resource constraints. It is obvious that people are an inevitable component in a project as this component determines the success or failure of a project to a large extent. For instance; programmers and mechanical engineers. Many project teams try to overcome labor constraints through internationalization as this process assists project teams to import foreign labor and to set up foreign subsidiaries that employ local staff from the host country. Similarly, material shortage has been attributed to the delay of many projects. It is also identified that equipment sometimes becomes a constraint to the project development. For instance, earth moving tractors. Lack of availability of equipments may result in project delay. Finally, lack of access to finance also adversely affects resource scheduling. If the availability of resources is extremely limited, the project management team would be forced to