Response Essay Example | Topics and Well Written Essays - 500 words - 3

Response - Essay Example Managing things is the most difficult task, which is exactly why there are so many management principles and guidelines. The most important quality which makes a successful manager is foreseeing risks involved. Failing to do so will lead to the entire failure of the project which no matter manager would want. So there are two ways to calculate risks involved namely qualitative and quantitative analysis. The importance of both has already been seen and it is concluded that qualitative analysis is far better than quantitative analysis; qualitative analysis should be carried by any manager before starting a new project to make sure that the various risks involved in the project are taken into equation and a good strategy is developed to deal with the same. It is also concluded that higher the risk, higher the efforts, which basically means that to deal with higher risks the management team has to put in more efforts to face the same. There are some people who believe that hiding the risk will take the risks out of the equation which is an extremely old concept, management has changed al lot these days and this concept has never worked in the favor of nay manager and it will never work in the favor of any manager in the future too. So this should never be practiced because it will only lead to failure. All the above statements point that it is not fair to say that qualitative risk analysis is better to sell to a manager, the same is proved with an example â€Å"There is a classical example. One large oil company performed a drilling of the well with total cost about $2M. Project schedule has been created based of analogs: drilling of similar wells in the similar geological conditions. At the middle of drilling the mud, required to this technological process, starts disappearing. Project engineers have tried different solutions. It delayed the project so significantly that total cost of the well has almost double d. Later on the

Influence of the Relationship between Politics and Religion in Western Research Paper

Influence of the Relationship between Politics and Religion in Western Civilization Conflicts - Research Paper Example Muslims believe in the holy war and observe the pilgrimage to Mecca which Christians neither believe in nor practice. During the Medieval period, both Christianity and Islam promulgated their religious beliefs and practices in territories where the majority existed. Christianity employed the use of missionaries whereas Islam employed offensive practices such as conquests, political rule and returning crusaders in spreading their faith (Spielvogel 238-243). 3. The expansion of trade The expansion of trade during the High Middle Ages resulted from developments in voyages of exploration by Vikings, growth of states, contacts with the Muslim world and the arrival of the Portuguese. Vikings exchanged goods as they sailed along trade centers in search of profit. The existence of various environmental zones and agricultural practices influenced trade to flourish. These resulted to the evolution of settlement as well as prosperity that in turn contributed to urbanization and the growth of st ates. In addition, contacts with Muslim merchants in the Trans Saharan trade involved the trade in kola nuts, gold, ivory, and slaves. The arrival of the Portuguese opened an outlet for West African manufactured products such as cloths. The utilization of Arab script and Muslim officials in complex bureaucracies remained as the impact of the expansion of trade on medieval society (Spielvogel 252-254). 5. The decline of papacy The papacy of the Roman Catholic Church had reached the peak of its power with the doctrine of temporal universal authority over secular rulers and fullness of power. However, the claims of temporal supremacy kept losing ground due to the growth of European secular monarchs. This created conflicts between papacy and the territorial states it never conquered.