Project Managers Ireland And Project Management

Project managers Ireland is skilled professionals responsible for the planning, execution and proper closing of a project. Understanding the various stages of how a project is managed will help you know the importance of a project manager.

Planning

The project management process has several stages. The first stage is referred to as project planning. During this stage, project managers Ireland define and confirm the objectives and goals of the project. Planning also involves identifying tasks that are necessary to achieve the set goals.

Determining what and how many resources are needed to successfully complete a project is an important part of the planning process. The project managers will not only set a budget, but will also come up with a timeline. Setting the timeline is very important.

Implementation

Once a plan has been formulated, project management Ireland move on to the implementation stage. The managers of the project will ensure that objective and accurate information is available to the concerned people regarding how the plan is performing.

In order to effectively implement a plan, project managers adopt a pro-active approach for all aspects of the project. They will chair and prepare details of all the meetings between the client and contractors, suppliers, design team, and other professionals. The details are circulated to all the concerned party to keep them informed about the progress of the project.

The project manager is basically the centre point of liaison and contact for all departments, contractors, sub-contractors, suppliers, and third parties involved in the project.

Post Implementation Review

The job of project managers Ireland is incomplete without a post implementation review of the project. This review is designed to show whether the project is successful or not. The review also helps to optimize the benefits of the project. Moreover, the review is important for delivering the benefits all through the life cycle of the project.

Importance Of Establishing A Timeline

Now let us get back to the issue of timeline. In order for an Ireland construction project to be successful, the managers have to get the timeline right. This is important, because timeline sets the deadlines for the various stages of a project. The reliability of various professionals involved in a construction project is assessed on the basis of deadlines.

Timeline is also important because it helps project managers Ireland determine the pricing of various contracts and sub-contracts. The pricing in turn helps to determine the profitability of a project.

When a project manager miscalculates the time needed for implementation of a project, he loses his credibility. Miscalculation of the timeline will not only lead to missing the deadline, but will also put everyone under a lot of stress.

Professional project managers always understand the importance of establishing an accurate timeline for a project. In order to establish an accurate timeline, they first take into consideration all the tasks that need to be completed. Each and every task is reviewed in great detail, so that there are no surprises.

However, there can always be surprises. And a well established timeline will provide time for workers to handle any surprise.

This is just a basic understanding of how a project is managed. It is obvious that project managers Ireland need to be very professional and skilled, because project management is very complex process.

Reasons Why Gold Should Be Part of Your Investment Portfolio

Reasons Why Gold Should Be Part of Your Investment Portfolio

Gold has been used for countless centuries as an indication of wealth, power and honor, but it has also been a fantastic investment choice. Why? Well, because it is what has essentially set the standard throughout monetary history. Here are ten reasons that you should consider gold as a part of your investment portfolio:

1. Of all precious metals, gold has traditionally been the first choice for hedging investments against inflation, political crisis or economic uncertainty.

2. As of the time of this writing, gold is trading at $1519.00 per ounce. Just 6 years ago, though, it was trading at just $513 per ounce. Thats a significant return for anyone that invested in gold in 2005 and held onto it.

3. Gold is driven by the age old system of supply and demand, but speculation also plays a part in determining the price of this precious metal. Yet, unlike most available commodities, consumption doesnt affect its price as much as savings and disposal do.

4. While investors’ return on equities, real estate and bonds do not compensate for inflation or risk, golds demand increases.

5. Jewelry accounts for more than two-thirds of the demand for gold.

6. Industrial, medical and dentistry uses of gold account for about 12% of the demand for gold.

7. During war or hard economic times, gold is seen as an asset that will always be able to purchase food, shelter or transportation. This is why the demand for gold tends to rise during periods of uncertainty.

8. Gold can be purchased and held in coin and bar form, giving the purchaser immediate access to his or her investment.

9. Gold can also be traded through the stock exchanges in the form of ETFs, CEFs and ETNs. In addition, derivatives like gold futures, forwards and options can be traded as well.

10. Additional gold investments include certificates, accounts and investments in gold mines.

Besides its widespread monetary and symbolic functions, gold has many practical uses in dentistry, electronics, and other fields. Its high malleability, ductility, resistance to corrosion and most other chemical reactions, and conductivity of electricity lead to many uses of gold, including electric wiring, colored glass production and even gold leaf eating.

Gold has been highly valued in many societies throughout the ages. In keeping with this it has often had a strongly positive symbolic meaning closely connected to the values held in the highest esteem in the society in question. Gold may symbolize power, strength, wealth, warmth, happiness, love, hope, optimism, intelligence, justice, balance, perfection, summer, harvest and the sun.

Gold represents great value. Respected people are treated with the most valued rule, the “golden rule”. A company may give its most valued customers “gold cards” or make them “gold members”. We value moments of peace and therefore we say: “silence is golden”. In Greek mythology there was the “golden fleece”.

Gold is further associated with the wisdom of aging and fruition. The fiftieth wedding anniversary is golden. Our precious latter years are sometimes considered “golden years”. The height of a civilization is referred to as a “golden age”.

About/Bio: Silver Scott Mines is a publicly traded (ticker symbol: SILS.PK) development stage precious metals company that currently operates in Mexico through a wholly owned subsidiary, Minera Mystery S. de R.L. de C.V. Find out more about the company’s mining operations at http://www.silverscottmines.com/