Actuarial Final Year Project

COMPUTATION MATHEMATICS III PROJECT MANAGEMENT CASE STUDY ; BUSINESS PLAN ON AN ON GOING PROJECT ON PREMISES ALONG OJIJO ROAD PARKLANDS WESTLANDS COUNTY BY NAMEREG NO PERIS WANJIRU†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. FELIX MAIKO †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. LILLIAN REGINA†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. OJIJO ROAD ESTATE BUSINESS PLAN ONGOING PROJECT PLAN RESIDENTIAL BY & edited by Felix Maiko Peris Wanjiru Lilian Regina abstract OJIJO ROAD ESTATE BUSINESS PLAN AN ONGOING PROJECT PLAN BY Felix Maiko, Peris Wanjiru, Lillian Regina , This compilation consists of the full analysis and financial come actual xpenditure of an on going business project plan along Ojijo road , it is a more ,like we would say sub urban residential area . It was actually a more of a resettlement of the growing population along the old and populated to the brim local estates like the old and good Parklands and Ngara estates . It was majorly accelerated with the ongoing construction of the Thika supper highway that will bring life to the sickly part of the western part of Nairobi city. It is estimated that by the first year of construction 30 % of the city will gain from the supper highway directly or indirectly.TABLE OF CONTENTS Acknowledgement†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. objective of study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Executive summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Ian S hihemi and associates†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. The project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. hase construction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Development Budget†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Sales Projection†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Location†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Market Description†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Completion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Sales Projection†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Execution of Project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ design and specification†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ project estimates†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. preparation of tender and contract eals†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ tendering†¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. project management†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. contract administration†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Sales and marketing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Project timelines†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Design for tender†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. construction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. market and sales†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Acknowledgement We would like to thank the entire staff of Ian Shihemi and associates we are extremely grateful to our project coordinator Mr. Wamui and Mr. Njakeez Topali for their support , espe cially Mr.Peter Octopizzo who assisted us from the beginning to the end of the business project plan and gave guidance and a sense of direction to us. We are very grateful to our lecturer Mr. Nderitu who with all odds barren gave all his time to ensure we got the grip to continue with a computation spirit from the start. Special thanks to my coordinator Ms. Mary who helped me in compilation of my survey report, and all those people (customers) who took time out of their busy schedules and gave us the information, which was essential for the completion of this project.These people have been instrumental in my research and business project work. OBJECTIVES OF THE STUDY The purpose of these business project plan was to determine the rate and response to the idea of constructing sub-urban estate in a less or more developing area. The main objective was to estimate the actual business plan come expenditure and the revenue and profit to be generated from the completion of the actual busin ess plan. The project is ongoing and with our data plan and survey it will foresee the eve of next the 3rd year probably 36 months of hard construction, good engineering and bitter sweet outcomes.Description and budget estimates are done and showed out clearly. . EXECUTIVE SUMMARY This is a project proposal for the construction of a high class residential estate comprising of 800 Maisonettes on a parcel of land situated along Ojijo road off Thika road, Parklands. The project has been conceived, designed and will be implemented by Ian and co-associates architects. The estimated development cost for the project is KES 5,600,000,000. 00 by calculations and precise figure. The project completion period shall take 12 months from ground breaking to hand over.Sales for 800 Units @ KES 10,000,000 will be in the range of KES 8,000,000,000. 00 Returns shall be in the range of KES 2,400,000,000. 00 with gross profits falling in the range of 43% percent. Ian Shihemi and co-associate architects Ian Shihemi and co-associate architects is a dynamic property consulting company specializing in providing a one-stop service for the management and development of a variety of property development projects. It provides its clients, who may be property owners, developers or tenants, with the expertise to guide a project through the complex development process from concept through to building completion.Depending on the requirements of their client, Ian and architects can provide a full or partial consulting service. The company’s involvement can vary from sourcing suitable sites, arranging local authority approvals, managing the professional team or providing a complete project management service. The principals behind the firm have several years experience in designing and managing to completion several projects of various natures. THE PROJECT The project comprises the construction of 800 residential units each comprising of 3 bedrooms for Sale off Ojijo road on a subdivisio n measuring just about 100 acres. 0% to 20% of the 100 acres will be set aside for social amenities. The overall theme of the development would be one of maximizing on the plot use whilst maintaining reasonable individual privacy within a ‘Green Sustainability’ architecture. PHASED CONSTRUCTION In order to ease the impact of the overall cost of the development it is proposed to carry out the construction in phases to be jointly agreed on with the client. Each 1 acre plot will have 9 units. The construction will be phased in 10 phases comprising of 80 units respectively.Each of the phases shall be planned to deliver units that are complete and ready for occupation. This will facilitate pre-selling of some of the units prior to the end of construction. This would be achieved through pro-active networking with property managers and estates officers in large corporations and use of the internet. The foregoing will result in further cushioning of the net effect of the cost o f financing the project. In order to enable planning of major infrastructural requirements such as water storage and foul water disposal right from the outset, a master plan of the entire development shall be evolved.Thus the capacity of some of the facilities may initially exceed the needs of the accommodation provided, but this would be done with the full knowledge that the development will grow to fully utilize the facilities provided. Auxiliary features include: †¢ Paved walkways . †¢ Safe gated community neighborhood †¢ Inbuilt car parking's. †¢ Extra rain-water storage . †¢ Planted landscaped 24-hr. irrigated gardens. †¢ Solar power electrical wiring †¢ A choice of 3 different designs to choose from. The country ambience would further be enhanced by having strategically planted palm trees which would serve the added role of acting as wind breaks.DEVELOPMENT BUDGET The development budget is as follows: 800 ; 3 bedroom maisonettes in 10 blocks each measuring 9 acres. †¢ The development budget includes professional fees 1 Building details †¢Type of houses: 3 bedroom Maisonnettes. †¢Gross floor area per Unit m2: 150m2 †¢Building Cost per m2: 40,000[including external works and consultancy fees] †¢Building Cost Per Unit including External Works, consultancy fees and Land: KES 6,000,000 2 Construction cost breakdown Total Building works[including Infrastructure& Electric Fencing]- KES 6,000,000 x 800 = KES 4,800,000,000 3. 00 Land Cost- [100 acres] = KES8,000,000. 0 per acre x 100 acres=800,000,000 OVERALL PROJECT COST INCLUDING LAND= 4,800,000,000. 00 + 800,000,000= KES 5,600,000,000. 00 SALES PROJECTIONS 1. 11 Projected sale price per unit KES 10,000,000. 00 1. 12 Overall sales revenue=800 X 10,000,000= 8,000,000,000. 00 1. 13 Gross anticipated profit =KES 8,000,000,000. 00- KES 5,600,000,000. 00 =KES 2,400,000,000. 00 1. 14 Gross profit margin 43% As stated the houses and flats are readily affordab le to middle class kenyans going with the current gross growth and hard effort put across striving kenyans to have a place they call home.Also fully furnished rooms will be available for an extra fee as stated in the final agreement if signed depending on the financial capability of the renderer LOCATION Ojijo road is situated 5 minutes drive from Nairobi’s Central Business District and 5 minutes drive from westlands off Thika road. The estate is connected to the mains water supply from the Nairobi Water and also is easily connected to electricity supply from KPLC. Developments in this area are predominantly single family residences. The occupancy is predominantly homeowners.The majority of the buildings here are of high-class standard and are well constructed and maintained. MARKET DESCRIPTION Given the proximity of the site to Nairobi’s CBD, well as the good communication available along Thika road, the site would realize good returns on a single family residential d evelopment. The planned development intends to maximize this potential by creating accommodation that is spacious whilst at the same time making optimum use of the space available. At the moment, there are similar developments in this area, consisting of single family maisonettes eg K.U BOMA ESTATE. COMPETITION In the locality of the planned development, there exist several properties which are either owned by the residents or are rental properties. The closest competition perhaps comes from the high-class K. U BOMA Estate and Ngoingwa Estate. SALES PROJECTIONS It is planned that marketing the development for sale shall commence before the construction begins. Consequently it is anticipated that by the time the first block is completed there shall be an inflow of funds that can either be utilized to start construction of the next phase.The sale price for each unit has been set at KES 10,000,000. 00. EXECUTION OF THE PROJECT Ian Shihemi and co-associates will in this provide the clie nt with a full design/build service. This shall include 1. Design and specification Architectural, structural, mechanical and electrical drawings shall be prepared and necessary approvals sought. During the various stages of the design, the client shall be kept fully informed and client approval sought prior to proceeding to the next stage. The engineering design shall be done by registered engineers under the guidance of Shihemi and co-associates.Detailed specifications shall be developed with close consultation with the client. 2. Project estimates Subsequent to completion of the design, a Quantity Surveying firm under the guidance of Ian and associate architects shall undertake construction cost estimates for the project for approval. finally giving the final verdict to , if the project should commence or stop. 3. Preparation of tender and contract documents After final design has been done and client approval obtained, tender documents shall be drawn up for the general and speci alist contractors.The specialist contract documents shall be prepared with guidance from the relevant engineers. 4. Tendering Selected contractors shall be invited to tender for the various work packages. We shall then analyze the tenders returned and forward our recommendation to the client. 5. Contract documentation With the contractors having been selected, we shall draw up the required contract documents and enter into contract with the contractors on the client’s behalf. 6. Project management Subsequent to the contracts being signed and mobilization to the site, we shall provide superintendence and project management.This will entail ensuring that the project is brought in on time and under budget by constant monitoring of operations on site and remedying any issues that may prevent timely completion or cause expenditure to exceed the budget. 7. Contract administration We shall handle all matters relating to the various contracts including but not limited to stage paymen ts, performance bonds, extensions of time and relationships between the various trades involved in the project’s execution. 8. Sales and marketingIn conjunction with an estate agency approved by the client, we have produced a presentation package to be used in the sales and marketing of the units. PROJECT TIMELINES a) Design to Tender The design to tender process will take a total of 1 month. This will include commissioning of all engineering design, preparation of bills of quantities and obtaining of all relevant approvals for the development. b) Construction Construction of the entire project is estimated to take a maximum of 36 months. Actuarial Final Year Project COMPUTATION MATHEMATICS III PROJECT MANAGEMENT CASE STUDY ; BUSINESS PLAN ON AN ON GOING PROJECT ON PREMISES ALONG OJIJO ROAD PARKLANDS WESTLANDS COUNTY BY NAMEREG NO PERIS WANJIRU†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. FELIX MAIKO †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. LILLIAN REGINA†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. OJIJO ROAD ESTATE BUSINESS PLAN ONGOING PROJECT PLAN RESIDENTIAL BY & edited by Felix Maiko Peris Wanjiru Lilian Regina abstract OJIJO ROAD ESTATE BUSINESS PLAN AN ONGOING PROJECT PLAN BY Felix Maiko, Peris Wanjiru, Lillian Regina , This compilation consists of the full analysis and financial come actual xpenditure of an on going business project plan along Ojijo road , it is a more ,like we would say sub urban residential area . It was actually a more of a resettlement of the growing population along the old and populated to the brim local estates like the old and good Parklands and Ngara estates . It was majorly accelerated with the ongoing construction of the Thika supper highway that will bring life to the sickly part of the western part of Nairobi city. It is estimated that by the first year of construction 30 % of the city will gain from the supper highway directly or indirectly.TABLE OF CONTENTS Acknowledgement†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. objective of study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Executive summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Ian S hihemi and associates†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. The project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. hase construction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Development Budget†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Sales Projection†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Location†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Market Description†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Completion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Sales Projection†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Execution of Project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ design and specification†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ project estimates†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. preparation of tender and contract eals†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ tendering†¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. project management†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. contract administration†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Sales and marketing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Project timelines†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Design for tender†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. construction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. market and sales†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Acknowledgement We would like to thank the entire staff of Ian Shihemi and associates we are extremely grateful to our project coordinator Mr. Wamui and Mr. Njakeez Topali for their support , espe cially Mr.Peter Octopizzo who assisted us from the beginning to the end of the business project plan and gave guidance and a sense of direction to us. We are very grateful to our lecturer Mr. Nderitu who with all odds barren gave all his time to ensure we got the grip to continue with a computation spirit from the start. Special thanks to my coordinator Ms. Mary who helped me in compilation of my survey report, and all those people (customers) who took time out of their busy schedules and gave us the information, which was essential for the completion of this project.These people have been instrumental in my research and business project work. OBJECTIVES OF THE STUDY The purpose of these business project plan was to determine the rate and response to the idea of constructing sub-urban estate in a less or more developing area. The main objective was to estimate the actual business plan come expenditure and the revenue and profit to be generated from the completion of the actual busin ess plan. The project is ongoing and with our data plan and survey it will foresee the eve of next the 3rd year probably 36 months of hard construction, good engineering and bitter sweet outcomes.Description and budget estimates are done and showed out clearly. . EXECUTIVE SUMMARY This is a project proposal for the construction of a high class residential estate comprising of 800 Maisonettes on a parcel of land situated along Ojijo road off Thika road, Parklands. The project has been conceived, designed and will be implemented by Ian and co-associates architects. The estimated development cost for the project is KES 5,600,000,000. 00 by calculations and precise figure. The project completion period shall take 12 months from ground breaking to hand over.Sales for 800 Units @ KES 10,000,000 will be in the range of KES 8,000,000,000. 00 Returns shall be in the range of KES 2,400,000,000. 00 with gross profits falling in the range of 43% percent. Ian Shihemi and co-associate architects Ian Shihemi and co-associate architects is a dynamic property consulting company specializing in providing a one-stop service for the management and development of a variety of property development projects. It provides its clients, who may be property owners, developers or tenants, with the expertise to guide a project through the complex development process from concept through to building completion.Depending on the requirements of their client, Ian and architects can provide a full or partial consulting service. The company’s involvement can vary from sourcing suitable sites, arranging local authority approvals, managing the professional team or providing a complete project management service. The principals behind the firm have several years experience in designing and managing to completion several projects of various natures. THE PROJECT The project comprises the construction of 800 residential units each comprising of 3 bedrooms for Sale off Ojijo road on a subdivisio n measuring just about 100 acres. 0% to 20% of the 100 acres will be set aside for social amenities. The overall theme of the development would be one of maximizing on the plot use whilst maintaining reasonable individual privacy within a ‘Green Sustainability’ architecture. PHASED CONSTRUCTION In order to ease the impact of the overall cost of the development it is proposed to carry out the construction in phases to be jointly agreed on with the client. Each 1 acre plot will have 9 units. The construction will be phased in 10 phases comprising of 80 units respectively.Each of the phases shall be planned to deliver units that are complete and ready for occupation. This will facilitate pre-selling of some of the units prior to the end of construction. This would be achieved through pro-active networking with property managers and estates officers in large corporations and use of the internet. The foregoing will result in further cushioning of the net effect of the cost o f financing the project. In order to enable planning of major infrastructural requirements such as water storage and foul water disposal right from the outset, a master plan of the entire development shall be evolved.Thus the capacity of some of the facilities may initially exceed the needs of the accommodation provided, but this would be done with the full knowledge that the development will grow to fully utilize the facilities provided. Auxiliary features include: †¢ Paved walkways . †¢ Safe gated community neighborhood †¢ Inbuilt car parking's. †¢ Extra rain-water storage . †¢ Planted landscaped 24-hr. irrigated gardens. †¢ Solar power electrical wiring †¢ A choice of 3 different designs to choose from. The country ambience would further be enhanced by having strategically planted palm trees which would serve the added role of acting as wind breaks.DEVELOPMENT BUDGET The development budget is as follows: 800 ; 3 bedroom maisonettes in 10 blocks each measuring 9 acres. †¢ The development budget includes professional fees 1 Building details †¢Type of houses: 3 bedroom Maisonnettes. †¢Gross floor area per Unit m2: 150m2 †¢Building Cost per m2: 40,000[including external works and consultancy fees] †¢Building Cost Per Unit including External Works, consultancy fees and Land: KES 6,000,000 2 Construction cost breakdown Total Building works[including Infrastructure& Electric Fencing]- KES 6,000,000 x 800 = KES 4,800,000,000 3. 00 Land Cost- [100 acres] = KES8,000,000. 0 per acre x 100 acres=800,000,000 OVERALL PROJECT COST INCLUDING LAND= 4,800,000,000. 00 + 800,000,000= KES 5,600,000,000. 00 SALES PROJECTIONS 1. 11 Projected sale price per unit KES 10,000,000. 00 1. 12 Overall sales revenue=800 X 10,000,000= 8,000,000,000. 00 1. 13 Gross anticipated profit =KES 8,000,000,000. 00- KES 5,600,000,000. 00 =KES 2,400,000,000. 00 1. 14 Gross profit margin 43% As stated the houses and flats are readily affordab le to middle class kenyans going with the current gross growth and hard effort put across striving kenyans to have a place they call home.Also fully furnished rooms will be available for an extra fee as stated in the final agreement if signed depending on the financial capability of the renderer LOCATION Ojijo road is situated 5 minutes drive from Nairobi’s Central Business District and 5 minutes drive from westlands off Thika road. The estate is connected to the mains water supply from the Nairobi Water and also is easily connected to electricity supply from KPLC. Developments in this area are predominantly single family residences. The occupancy is predominantly homeowners.The majority of the buildings here are of high-class standard and are well constructed and maintained. MARKET DESCRIPTION Given the proximity of the site to Nairobi’s CBD, well as the good communication available along Thika road, the site would realize good returns on a single family residential d evelopment. The planned development intends to maximize this potential by creating accommodation that is spacious whilst at the same time making optimum use of the space available. At the moment, there are similar developments in this area, consisting of single family maisonettes eg K.U BOMA ESTATE. COMPETITION In the locality of the planned development, there exist several properties which are either owned by the residents or are rental properties. The closest competition perhaps comes from the high-class K. U BOMA Estate and Ngoingwa Estate. SALES PROJECTIONS It is planned that marketing the development for sale shall commence before the construction begins. Consequently it is anticipated that by the time the first block is completed there shall be an inflow of funds that can either be utilized to start construction of the next phase.The sale price for each unit has been set at KES 10,000,000. 00. EXECUTION OF THE PROJECT Ian Shihemi and co-associates will in this provide the clie nt with a full design/build service. This shall include 1. Design and specification Architectural, structural, mechanical and electrical drawings shall be prepared and necessary approvals sought. During the various stages of the design, the client shall be kept fully informed and client approval sought prior to proceeding to the next stage. The engineering design shall be done by registered engineers under the guidance of Shihemi and co-associates.Detailed specifications shall be developed with close consultation with the client. 2. Project estimates Subsequent to completion of the design, a Quantity Surveying firm under the guidance of Ian and associate architects shall undertake construction cost estimates for the project for approval. finally giving the final verdict to , if the project should commence or stop. 3. Preparation of tender and contract documents After final design has been done and client approval obtained, tender documents shall be drawn up for the general and speci alist contractors.The specialist contract documents shall be prepared with guidance from the relevant engineers. 4. Tendering Selected contractors shall be invited to tender for the various work packages. We shall then analyze the tenders returned and forward our recommendation to the client. 5. Contract documentation With the contractors having been selected, we shall draw up the required contract documents and enter into contract with the contractors on the client’s behalf. 6. Project management Subsequent to the contracts being signed and mobilization to the site, we shall provide superintendence and project management.This will entail ensuring that the project is brought in on time and under budget by constant monitoring of operations on site and remedying any issues that may prevent timely completion or cause expenditure to exceed the budget. 7. Contract administration We shall handle all matters relating to the various contracts including but not limited to stage paymen ts, performance bonds, extensions of time and relationships between the various trades involved in the project’s execution. 8. Sales and marketingIn conjunction with an estate agency approved by the client, we have produced a presentation package to be used in the sales and marketing of the units. PROJECT TIMELINES a) Design to Tender The design to tender process will take a total of 1 month. This will include commissioning of all engineering design, preparation of bills of quantities and obtaining of all relevant approvals for the development. b) Construction Construction of the entire project is estimated to take a maximum of 36 months.

Cmr Enterprises Essay

CMR, originally Mike’s Cabinets, is an architectural millwork business that competes in two different market segments: commercial and residential. In order to effectively compete in both markets, the nature of CMR’s business varies slightly between them. Commercial business provides two-thirds of the company’s projects as well as 80% of its sales. Due to the higher volume in demand, the commercial sales force is larger than the residential sales team, which relies heavily on CMR’s showroom. The market for commercial business is larger than residential market with projections of its value at upwards of $5 billion. Commercial contracts are also harder to secure than their residential counterparts. They must be bid on and won. Due to the heavy competition for these larger commercial contracts, the â€Å"got rate† for them is around 32%, whereas the residential â€Å"got rate† is around 69%. CMR’s residential department has to operate some what differently than the commercial facet of the company. First of all, project management requires a different degree of flexibility in order to meet ever-changing customer requests. Cash flow cycles are about four to six weeks, which is significantly shorter than the 6 months or more it takes for a commercial cycle. With less indirect labor and lower material costs, residential work actually boasts a higher net margin as well. The main difference between CMR’s nature of business between segments is the customer relationship factor. Residential customers require a softer approach with more face-to-face exposure. Commercial customers are primarily concerned with finding the lowest bid. However, CMR is building relationships with many contractors in attempt to make their jobs easier and potentially work with them in the future. Although CMR treats every customer as equally important, the commercial customers are arguably more valuable. 35 of the top 50 contractor prospects for 1999 were commercial contractors. Furthermore, commercial business typically achieves higher revenues and is likely the only means of meeting CMR’s aggressive growth goals. When Sam Marcus and William Walters bought Mike’s Cabinets in early 1997 they knew they were going to need to change some things abou t the way their business operated. Mike’s Cabinets was running very well as a small town cabinet shop that worked on projects for homeowners as well as large commercial buildings, and had a very good reputation with the people of Lincoln,Nebraska. Although things were running smoothly with the business, Sam and William wanted to produce more profits, and increase cash flows. Blackstone Homes was a homebuilding company that started only two years before Marcus bought Mike’s Cabinets. By the time Marcus was in charge of CMR, Blackstone was one of the largest homebuilders in the area. The president of Blackstone Homes approached Marcus in the fall of 1997, with the idea of starting a partnership. Blackstone was having problems with their current supplier because they couldn’t seem to deliver the cabinets when promised. Marcus was initially intrigued by the sheer volume of work they would be doing with Blackstone, but he thought it would be a great fit with where he was planning for his company to go, and seemed like a great way to make progress towards his profit and cash flow goals. Marcus had to work with his employees and overall business plan, but decided that the residential side of the business was worth expan ding, so he signed a contract with Blackstone Homes. Marcus’s decision to sign with Blackstone Homes was a very good idea for CMR Enterprises. Blackstone had great potential to become one of CMR’s largest accounts, and promised to have continual yearly growth. Blackstone agreed to specify only CMR’s cabinets in all their homes, and CMR assigned a project manager to work exclusively with their new partner. Both companies could see that they would both be benefiting from this partnership from the very beginning, and they were correct. Throughout the first year, Blackstone contributed heavily to CMR’s success, and eventually grew to be about 25% of the residential side of the business. Marcus saw that the residential side of the business had great potential for future growth, and he knew that this was a great way to get his company involved. The additional emphasis on residential work used more of the company’s resources, but it proved to be worth it with the increased revenue and cash flows. CMR Enterprises is confronting an issue with one of its most valuable clients, Blackstone. Blackstone as one of the biggest customers in the area, giving CMR an opportunity for immediate market share and his volume supported its goals to standardize its processes into flexible cells. They approached CMR looking for a new partner to work on a business that represented 25% of CMR’s residential business during the first year of this relationship. Sam Marcus was counting on further growth with his customer to pay his debt and fund expansion efforts. But relationshipswith Blackstone had become increasingly intense on residential construction. Marcus had aggressive goals of reaching $70 million in sales by 2007 by creating a scalable and replicable business model. Moreover, build close relationship with the Blackstone will gave CMR an opportunity to standardize its business processes to be able to benefit from improved operational efficiencies that comes because of scale of operations. However, the relationship between two companies had evolved unpleasantly over time. When Blackstone sells a house, it does come with a pre-finished and installed kitchen, which is included in the price. But if customers want to check CMR’s showroom, they would build these w oodworks according to their new specifications. So the added cost will then be charged to the contractor. After an increase in CMR prices, Blackstone transferred this increase to subcontractors, so impacting considerably their margins and making CMR looked as a too expensive product. This issue to some extent contributed to the clash with Blackstone. Also, internal miscommunication had played a part in this episode. Marcus had implemented a software system for the company, called InfoCentral, and insisted that the residential team use InfoCentral for all internal communications. But it did not work out the way he expected. The system is not frequently updated as required by the employees. The business relations between the two companies started well and was fulfilling for both part. Revenues from Blackstone represent a significant part of revenue growth of the year. However, when the business expended, so did the problems. What was more disappointing was that CMR had shown a weak ma nagement of its relationship with this big client and several operational failures that need to be controlled. Within CMR Enterprises, revenue is generated at different rates in the different segments. Commercial business is responsible for 82% of the revenues generated by the firm, leaving just 18% to residential. Not only do they generate revenue at different rates, but profit is generated at different rates as well. According to the CMR Enterprises Factsheet, SG&A Costs were $2,900,000. If we distribute these costs according to percent of revenue generated across the CMR’s business segments, we see that the commercial segment provided a Net Profit of $1,124,152 for a Net Margin of 15.5%, while the residential segment provided a Net Profit of $87,632 for a Net Margin of 5.4%. Blackstone’s Net margin of 5.7% is actually greater than the Net Margin for the residentialsegment without Blackstone. Net Profit from Blackstone for the year was $17,235. In the second scenario, SG&A costs were assigned in a different way. Indirect labor was assigned to the corresponding segment. SG&A expenses besides indirect labor were then distributed to the segments according to percent of revenue generated. This tells a different story. Whereas in the first scenario the commercial segment was responsible for almost 10% more Net Margin; in the second scenario, residential Net Profit was $274,632 for a Net Margin of 17.2%, while commercial Net Profit was $937,152 for a Net Margin of 13.9%. In this scenario Net Margin from Blackstone is only 13.3% of revenue, which is below the average for residential. The cause of the difference between the scenarios is the high number of administrative personnel assigned to commercial work. From the CMR Enterprises Factsheet, we see that there are 43 administrative personnel, of which only 4 are dedicated to residential work. This leaves 39 employees working on commercial work at an average of $50,000 per year, a total of $1.9 million dollars. Scenario 2 captures this more fully, placing a more realistic percentage of SG&A costs onto the commercial segment. Blackstone’s profitability is slightly less than that of the commercial business, and nearly 4% less than the residential business. Terminating the relationship with Blackstone would be a good choice in the situation for CMR Enterprises. It is obvious that Blackstone provides a significant amount of residential business, which means a substantial cash contribution to support CMR’s other business like commercial work. Especially in the initial partnership, CMR first grabbed residential market share and earned 25% more of its residential business and Blackstone benefited from CMR’s expertise and correction. However, some potential loss shows the general trend that CMR benefit less and less in the partnership with Blackstone. First, CMR acquires more profit per shop hour in commercial business than residential work. According to Exhibit 7b, the highest residential revenue per shop hour of $48.13 is less profitable than the lowest commercial revenue per shop hour. Even though we recommend letting Blackstone go as a client, the residential business on a whole is profitable and should be kept. It is integral to the companies’ core values, and provides a valuable link to the community. Moving forward with franchising efforts, however, we would advise sticking to commercial business. If CMR is to attempt to make headway into new markets, it would be advantageous to proceed with a strategy that is more singular in focus. CMR has had success implementing their InfoCentral tool in their commercial business, and it seems that they have a good business model going forward. Trying to replicate the success that they’ve had with the residential business would add unwanted complexity to their business model. CMR’s current residential customer base is there as a result of years of loyalty and good service from Mike’s Cabinets. This loyalty would not exist in a new market.

Stonewall Riots of 1969

Introduction The stonewall riots of 1969 happened consecutively for 3 days, it all started on June 27th in Greenwich Village, New York at the Stonewall Inn. During the 1960’s it was common for the police to raid gay bars, and when this would happen the gays and lesbians would try to sneak out the back door. The police would arrest the patrons and drag them off to jail, their names were written down and published in the newspaper by the next day and as a result they would be fired from their jobs. â€Å"The 1960s was a time of revolution.The Civil Rights Movement was in full swing and people took to the streets to protest the war in Vietnam. It was only a matter of time before gays and lesbians stood up for their rights as well. †(A history of Gay and Lesbian Pride) June is now the month known as Gay Pride month, a time when all gays and lesbians prance and parade to celebrate. Setting/Background Living in the 1960’s as a gay and or lesbian was very difficult in f act the only way to be safe was to be â€Å"in the closet†, not openly gay to the public.Police took it up as their duty to arrest gay patrons who were seen kissing each other, dancing with one another, or even holding hands with one another. â€Å"Generally just being present was enough in their minds to warrant an arrest. Of course when this appeared in the newspaper they were tabbed as having committed a Crime against nature. †(The history and impact of the Stonewall Riots) Issues Involved/Causes During the 1950’s – 1990’s gay couples were not allowed to touch or dance with one another; it was also illegal for women to dress up in men’s clothing and men to dress in women’s clothing.If three known homosexuals were sitting at a table together then it would be illegal to serve an alcoholic beverage to them. â€Å"If the gay’s didn’t comply with the laws then they were faced with a fine, a night in jail, and the next mor ning they would have their names printed the daily newspapers and have a record under criminal activity†. (The history and impact of the Stonewall Riots) Event On June 27th police raided a gay bar in Greenwich, New York at the Stonewall Inn.Police demanded identification papers from costumers, they escorted them outside on to the sidewalks were they were pushed off and others were put into a paddy-wagon. That’s when some of the lesbians and gays started to fight back. They Chanted â€Å"Gay Power† all while throwing bottles and rocks at the police. â€Å"Riot veteran and gay rights activist Craig Rodwell says: â€Å"A number of incidents were happening simultaneously. There was no one thing that happened or one person, there was just†¦ a flash of group, of mass anger. (The stonewall riots-1969) Crowds soon began to grow outside the Stonewall Inn. Every time the police would have the crowd spilt up it would just start again right behind them and again they would start to chant. Thirteen arrest had been made on the first night of the riot many of the protesters were singled out and beaten and then later were arrested. With about two thousand protesters and only about four hundred police officers, the tactical patrol force was called in to disperse the riots but with a failed attempt the riot continued on.Outcome/Effects/Aftermath Effects of the Stonewall Riots were that the gay community in new York united in the fight against discrimination and June became known as a gay month to celebrate their pride in homosexuality. The gay liberation front was organized. Gay people learned to take a stand for themselves and to fight back. Reflection Though gay issues are still a problem today in America, the Stonewall Riots was the first step toward uniting the gay community to start taking a stand for what they believe is right.I believe that if it wasn’t for the Stonewall Riots then life for gays and lesbians would still be the same as it was then. It was the Stonewall Riot that led to gay liberations and for the gay community to start working together to make life easier for them. I don’t believe that the police should have gone as far as they did with raiding gay bars, but it was there ridings that led up to the Stonewall Riot so actually I’m glad that they did that otherwise the gay liberation front may have never been formed.

To merge or not to merge, that is the question. Whether it is nobler Essay

To merge or not to merge, that is the question. Whether it is nobler in the mind to suffer the pains of negotiation & integratio - Essay Example A.T. Kearney noted that, despite the fact that mergers and acquisitions (M&A) activities having been associated with industrialized nations, the paradigm shift is taking effect (Kearney 2008, p.1). In this regard, Bruner (2004, p.21) reveals that as from 2002, merger deals between developed and third world countries have grown by 19 percent annually, which is far in excess of industrial average. This rate is also a clear indication that mergers are no longer a globalization strategy for developed countries only rather for developing countries, as well. The research found out that companies from third world countries such as China, India, Russia, Malaysia, South Africa, and the United Arab Emirates are seeking mergers with well-established companies in developed nations at an alarming rate. Kearney (2008, p.1) reveals that of the 2,168 mergers and acquisitions that were registered in 2007, 421-which accounts for about 20% were driven by firms from third world countries. The research a lso found that the trend is growing at the rate of 26 percent per annum. Research by Kearney (2008) found out that India is leading in cross-border mergers and acquisitions followed closely by Malaysia. This is attributed to the fact that the government of these two countries provides substantial tax incentives to companies to engage in high-tech business deals and enhance export. In contrast, Chinese companies have shied off M&A deals because of political interferences according to Wolff (2008, p.91). However, since China is developing very first, many companies from developed countries are seeking mergers with its domestic companies, with findings showing that at least one of every four cross-border transaction involves merger according to Harrington (2004, p.21). Nevertheless, research indicates that the U.S. companies lead in the acquisition and acquired. This dramatic increase in merger between companies as a globalization strategy has taken many people by surprising leaving ma ny companies, which have not made such a move wondering whether to merge or not to merge (Hoover 2000). This is because pundits have given varied opinions regarding mergers as a market penetration strategy. For instance, AT Kearney argues that global level mega-mergers are inevitable as part of the cycle of consolidation and concentration in globalising industries where firms seek to gain leverage and accelerate their presence. Ghemawat & Ghadar (2000, p.65), on the other hand, had a different view claiming that business leaders need to look away from mergers and be more innovative in their approach to international business. This paper will evaluate the arguments of the pro-merger and anti-merger school of thoughts. It will conclude with my personal position regarding whether mega-merger is a good or bad policy to pursue in international practice. Pro-merger school of thought To begin with, the business environment has become very competitive, and many companies today seek to globa lize their processes in order to beat the competition. In fact, many big corporations today have a global presence with those that have not gone global planning to do so as noted by McGarvey (1997). However, as earlier indicated, mergers have been on the rise over the last few year as the most preferred internationalization strategy. A.T Kearney (2008, p.1) in his school of thought argued that mega-mergers is inevitable as firms seek to leverage and become competitive. This

Policy Research Paper Example | Topics and Well Written Essays - 750 words

Policy - Research Paper Example Additionally, the health and safety compliance policy should be monitored closely in all organizations because it is more likely than other compliance policies to cause a lot of problems. The health and safety officers ensure that organizations are able to resolve their health and safety issues, inspections are carried out on time and fewer accidents occur. The policy requires employers and employees to cooperate with the health and safety officers during inspections. To avoid the increase of accidents and other cases that are related to ill health among workers, an organization’s manager or the management team have to follow the health and safety control measures. According to Bohle and Quinlan, (2000), companies may have a positive or a negative impact on the environment. To avoid having a negative impact on the environment, Bohle and Quinlan, (2000) assert that regulatory control measures need to be part of an organization’s activities. A manager has to ensure that an organization has the right provisions to control new issues that are related to health and safety. A manager has to make sure that the control measures taken by employees can be implemented based on standards provided by the International Organization for Standardization (ISO). The management team and all the staff members in an organization have to be engaged in day-to-day consultation between each other. These will be consultations on health and safety conditions at the company. It is crucial for an organization’s management team to supervise and provide ideas to employees on occupational health issues. Other management team members in an organization have to promote good working conditions and make sure that the machinery in a firm are regularly serviced (Stranks, 2010). To make sure that there are good working conditions, the management team has to embark on training activities which are beneficial to all

DKNY Advertising Rhetorical Analysis Essay Example | Topics and Well Written Essays - 1000 words

DKNY Advertising Rhetorical Analysis - Essay Example Because women, just like everyone else, have one chance to make a first impression, cosmetics are indispensible to their lives. The strategy that a company adopts to publicize and market its products determines how much of an advantage a company can make from this fact. The success of an advertisement, in turn, depends, on the ability of a company, to make a strong first impression on the consumer-to produce a â€Å"wow† effect-and, obviously, it only has the chance to do it. Advertising is, therefore, a high stake game with the success or failure of a commercial being an issue of life and death for a product. The advertisement above is that of a perfume manufactured by DONNA KARAN NEW YORK, also referred to as DKNY. What catches the consumer’s eyes first is the exotic woman who is also young and beautiful with a confident expression that seems to looks right into the camera (Faigley and Selzer87). The non-verbal expression conveys a message, which is not very hard to d ecipher, this is qualified by the caption right below; it translates the expression for the consumer-BE DELICIOUS. It may be noted that the location of the caption is to the right center of the advertisement, rather than to the advertisement’s bottom or corner. This caption, in its block letters and bright color, is just as striking as the young woman is. It is one of the first elements of the advertisement, which catch the consumer’s eye. The caption and the image make up most of advertisement and are so striking that everything else, including the background, becomes irrelevant.. The caption-BE DELICIOUS- is not a phrase or a clause, but it is a sentence. The caption is an imperative sentence. The subject of these sentences is quite clear without being explicit and it seems to command subtly the consumer to try it. The advertisement’s exhortation is for the woman to be delicious with the temptation to try the product being hard to resist. If the viewer is a wo man, it gives the user an â€Å"x-factor† that can make them more attractive. On the other hand, when viewed by a man, the advertisement challenges the man to discover what women want, and when this challenge is from a woman, it makes it all the more irresistible. In addition, the look of the young woman, as well as her body language, seems to carry conviction, whether the viewer will trust the product or censor if they do not. The impact of eye contact on the viewer cannot be overestimated, evoking a feeling of self-esteem and self-confidence. How popular a product will become is also aided by how popular an advertisement is. For this reason, a lot of care must be observed when selecting and structuring of the images in the advertisement (Faigley and Selzer226). The measure on how effective the images used in the advertisement are is whether the viewer will take a pause after reading the magazine, newspaper, or driving, past the billboard, to come back to the advertisement a fter seeing it the first time. The overall outcome of the words, pictures, and colors on the consumer or viewer is durable. The image remains in one’ mind for a while; the caption is immediately recognizable and memorable. The colors are also bright green, which contrasts with the flawless tan of the young woman, which makes her skin, and the advertisement, all the more memorable. Advertisements must, not

Architecture Building Essay Example | Topics and Well Written Essays - 1000 words

Architecture Building - Essay Example The association would therefore facilitate the construction of modern structures that portrayed the social, political and economic features of Germany as a developed and industrial state in Europe. The move would help portray German’s culture in the constructions besides marking historical landmarks through the construction iconic structures. The association sought to influence the design of structure in the country by first developing a school of designers. This way, the collage would help develop successive architects, designers, artists and engineers who would thus typify and pass on the design dictates of the association thus marking a revolution in the design and portrayal of German’s culture in its buildings. The association developed Bauhaus school of design with the view of establishing a partnership between product manufacturers and design professionals thus influencing and facilitating the development of modern buildings that would not only remain relevant and appropriate for longer but also depict the country’s culture thus competing favorably against other developed states (Cuff 41). Kollhoff Tower is one of the most iconic structures in Berlin. Stretching a height of more than one hundred meters and covering a base of more than two hundred and fifty meter square, the gigantic structure houses modern day commercial offices. The design and subsequent construction of the structured followed the patterns propagated by the modernist movement in the country. Constructed in 1994, the structure has stood the test of time and remains relevant and appropriate for use in the contemporary Berlin (Killen 41). This implies that the designers of the structure considered specific structural factors and infused effective technology in the construction of the structure thus earning it the position it represents in the modern day Berlin. From the design pattern to the facade of the structure, the building portrays some uniqueness that possibly ex hibits the cultural features in the German society. Germany is indeed a developed society and being a member state of the European Union, the country permits free interaction among its citizens and those from other countries within the region. Culture is a dynamic concept that refers to people’s way of life. As explained earlier, German is a cosmopolitan society with millions of immigrants. Kollhoff Tower on the other has a unique design that exhibits specific cultural features. The features infuse both the traditional and specific German cultures and the new aspects of modernism. The design of the building for example considered the need for subsequent renovation of the structure in order to sustain its relevance in the constantly changing society. Through constant renovation and incorporation of subsequent designs in the structure, German engineers succeeded in installing the fastest passenger elevator in the building travelling at a top speed of four hundred and ninety two meters per minute (Schwartz 66). This implies that the elevator can reach the highest floor of the twenty-five story building in two minutes. Such is a feature of the post modernism culture that seeks to improve convenience and the ease of accessing skyscrapers. While the association of architectures existed way before the design and construction of the structure, the Kollhoff Tower exhibits some of their preliminary demands. Key among such was the need for a structure to remain unique. Architecture is

Hitler's Multiaxial Psychological Profile Research Paper

Hitler's Multiaxial Psychological Profile - Research Paper Example In view of this diagnosis, it has been concluded that continued medication combined with psychotherapy for a prolonged period is the only way possible to bring such a person at least partially to premorbid conditions. Hitler's Multiaxial Psychological Profile †¢ Introduction of the person Hitler is a person who needs only the mention of his name to be identified worldwide, but needs more than what is available in our academic knowledge to be understood as an individual. Hitler’s character has been an intriguing phenomenon for psychologists who have studied the complexities of his behavior that prompted the genocide of Jews and the Second World War. It can be generally stated that Hitler was a cruel man, a dictator, still a crowd puller at least in Germany of his period. He might also be considered as a social evil, if examined from the criteria of humanism and human rights. First person accounts of personal encounters with this man have depicted him as â€Å"unremarkable and unlovely† (Welch, 1998, p.2). It has also been said that while â€Å"the pathology (of Hitler) alarmed some Germans (in the period of his making), for most, it added to his appeal† (Victor, 2000, p.6). ... After his mother’s death (with whom he had a very strong bonding) and after failing to get admission to an art school, Hitler had totally avoided contact with his family members and friends (Victor, 2000, p.6-7). The time was also getting ripe for the rise of a figure like Hitler as Germany was going through a stage of â€Å"political instability†, economic crisis, sudden changes in the society (fading aristocracy and an impoverished middle class), â€Å"fear of communism†, and also disillusionment with the leadership (Victor, 2000, p.6). Hitler infused a sense of nostalgia for the past legacies and a romantic kind of nationalism in the minds of the people by manipulating this social context (Victor, 2000, p.6-7). Though Hitler has been judged as a man of â€Å"insecurity and personal weakness† by historians like John Lukacs, contrasting these psychological readings, he rose to the pedestal of a national hero, moreover a dictator (qtd. in Victor, 2000, p.7 ). Becoming the ruler of Germany, Hitler carried out extermination programs of Jews who he thought were evil and responsible for all failures of Germany, thereby killing millions of Jews in concentration camps and gas chambers. And this is the context in which it has to be found out what was the mental profile of this man that prompted him to commit such inhumane acts. †¢ Data collection methods (testing, interviews, observation, etc.) As no direct interviewing can be carried out while examining the psychological profiles of historical figures, what a researcher has to depend on for data collection in this kind of research are previously done studies and also interviews with the authors of such

Serious Reflection and Critical Thinking Through Understanding the Use Essay - 1

Serious Reflection and Critical Thinking Through Understanding the Use of Social Media - Essay Example Initially, students used to meet and discuss issues in an attempt to come up with a conclusion. Personal interactions encouraged students to tackle challenging issues through intensive research. In addition, through one-on-one interactions, it was easy to divide the roles and support each other in a specific task. This encouraged the students to think critically in order to support the rest of the group members. However, this is not the case. The students are currently using social media and other instant communication methods to communicate with each other while completing a task. This has made it very hard for them to think critically as a group and reflect on the issues at hand. College students can practice serious reflection in our always connected and instantaneous world through regulating their own time. Time management has become a major issue with the modern communication methods. Therefore, in order to ensure that there no frequent interruptions which affect the studentâ₠¬â„¢s reflection and critical thinking, they need to come up with a strict plan on when and how to use the social media and other instantaneous communication methods (Biagi 2012). For instance, they need to switch off some of the gadgets they use in communication while in group discussions or conducting research. This would make it possible for them to reflect and re-imagine the issue at hand. The students should embrace group work rather than individual assignments. Group discussions are very significant in enabling the students to brainstorm ideas.

This I Believe Essay Example | Topics and Well Written Essays - 250 words - 1

This I Believe - Essay Example In the rush, my father happened to put a small dent in another car. Because of our pressing need, we sped off as fast as we could. When we arrived at the company, my father was told that the general manager was not there yet and we would have to wait. This was a relief because we were involved in a small accident to try and get here on time and now we actually had more time than we needed. I asked my father about the small incident on the road but he said that there was nothing that we could do about it and it was an accident anyway. Finally, the general manager turned up and my father went in to see him. Me and my mother waited outside for about 30 minutes until my father came out. I could tell from the look on his face that something was wrong. I asked him whether he had received the job or not and he replied positively. Then I said to him why he looked so sad if he had been hired. My father responded that the manager had told him that someone had crashed into the back of him on hi s way to the building and then sped off without stopping. My father said he felt a sense of guilt. I told him that he should tell his new manager about the incident and the fact that he was the other driver. My father replied that he would probably lose his new job, but there is no way that he could hide this fact from his new boss. So he went and told his new manager. Surprisingly, the manager said that it was okay and he appreciated my father’s honesty and responsibility. Even more shocking was the fact that my father still had a job. His boss told him that he needed employees who he could trust, and that my father was one of

Unknown Language Log Essay Example for Free

Unknown Language Log Essay Lesson 1 (1) Apparent lesson objectives (functions, structures, lexis and pronunciation) Lesson one consisted of an introduction to the new language, we were taught how to greet others and introduce ourselves, how to give personal information (though it was only regarding our nationality), the alphabet was introduced to us in order to explain further vocabulary, and along with it the pronunciation of the letters, and words which had two of the same vowels together and made a longer sound, so we realized that Finnish is a phonetic language, that is the opposite of English which is not. Moreover, we learned a few subject pronouns such as ’’he, she(which do not have separate pronouns, they are the same word), you and I’’, the present of the verb ’’to be (olen)’’, some well-rounded basic vocabulary in order to explain how a word can change its meaning by having two of the same letters together (’’mato’’ means worm, while ’’matto’’ means carpet), and possessive adjectives (only ’’My’’). There were many exponents used to teach us the functions previously said, introducing yourself/greeting (’’Mikà ¤ sinun nimesi on?/What’s your name?’’, ’’Minà ¤ olen Ricardo/My name is Ricardo’’, ’’Mità ¤ kuuluu?/How are you?’’, ’’Kiitos, hyvà ¤Ãƒ ¤!/Fine, thanks!’’), personal information (’’Mistà ¤ olet kotoisin ?/Where are you from?’’, ’’Minà ¤ olen uruguaylainen/I am Uruguayan’’). (2) Lesson structure (stages, presentation, practice, etc.) The main structure of the lesson consisted of an introduction to the language and the country, along with some cultural background, the teacher introduced herself and talked (always in Finnish) about Finland, and where she was born and lived. Then she taught us how to introduce ourselves and how to ask someone their name (a basic small talk including â€Å"How are you?†), and  introduced the subject pronoun ’’I’’, she acted as a model saying what her name was and then asking another student his name, then we did a chain drill where we all had to introduce ourselves to the classmate next to us, we repeated a few times (repetition drills) and then moved forward to the alphabet, consonants and vowels. She taught us basic vocabulary and the pronunciation when there are two of the same letters together in a word, which makes the sound longer or more plosive (depending if it is a vowel or a consonant), we did repetition drills after modeling of some words. Afterwards, we learned the possessive adjective ’’my’’, how to offer something to someone, and to give thanks, then again as practice we did chain and repetition drills offering a book to the classmate next to us and thanking for it. To end the first lesson we learned more subject pronouns such as ’’he, she and you’’ and how to say where we are from, and practised it with repetition drills. The structure itself was presentation and controlled practice consisting of drilling on each new language form. Although she checked if we understood the lesson by asking individually, the main goal was not achieved since most of the practice was repetition drills. We did no production since we were total beginners. (3) What kind of aids and handouts does the teacher use? When she gave the introduction to the country she used a map of Finland along with a flag, the whiteboard was her main aid to teach vocabulary, as she made drawings of the new vocabulary in order to not to translate. She used gestures all the time to give instructions or explain concepts, though when they were more abstract it was harder to understand. She pointed the person she was referring to, whether it was her or one of us, put her hands together when she wanted us to do an activity in groups (like introducing to each other). When she tried to convey by gestures the fact that Spanish and Finnish are more similar as languages alternately to English and Finnish, she separated her hands when referring to English, while putting them together when referring to Spanish (This was confusing, since I actually thought that English people did not get well with Finnish people, and  Spanish people did), when she taught us new vocabulary, for example animals, she did the gestures of some of them(like a cat, or a dog). (4) Personal response to lesson (progress, difficulties, ambiguities, interest, etc.) At first it was confusing as I did not know anything about Finland or Finnish, but through gestures and the aids such as the map or the drawings it became clear, although sometimes I could not understand the instructions and I had to watch what my classmates did in order to know what to do, since it was all drilling it was not so complicated. Regarding to interest, the teacher was very enthusiastic and had a nice attitude though doing drilling all the time was not really motivating. As she did not use L1 in the class, sometimes it was hard for me to follow the pace of the class and had to watch what my classmates were doing to continue. (5) Observed response of group – Please comment I realized that most of them had the same difficulties as me, the lesson was confusing at first, it got clearer after some time, and at certain points we could not follow the pace of the class. Although not all of them were like that, there were others who could keep the rhythm of it (Since we are not all the same when we talk about learning, we all have our ways and speed to learn). I did not find any of them motivated with the lesson, I believe there was too much drilling which does not encourage one to study or be interested. Lesson 2 (1) Apparent lesson objectives (functions, structures, lexis and pronunciation) Regarding lexis and pronunciation, we learned more basic vocabulary (the name of some of objects like hat, cat, orange, apple, dress, and the colours of them) and how to pronounce them, the functions where how to ask what object  is it and its colour(’’Mikà ¤ se on?/What is it?’’, ’’Mikà ¤ và ¤ri?/What colour is it?’’, ’’Omena on punainen/Apple is red’’). (We did not learn any specific type of vocabulary apart from the colours, there were mostly random objects and animals) (2) Listen carefully to the Teacher’s instructions. How does she give instructions? (Language used, gestures, visual support, concept-checking, etc.) She never spoke in L1, the instructions were always given in Finnish, but as learners, gestures were crucial, and she used them constantly. She also modelled what we had to do, so instructions were short and clear. She did concept-checking by drilling, she asked us to say what the image on a book she had was, along with its colour, and repeat. (3) If working in pairs or groups. Do you think the activity was successful? Explain why/why not. What did you learn from it? We did an activity which was based on vocabulary, we had to match the words with the images, I think the activity was successful for many reasons, since it was a kind of game, the activity was motivating and interesting, and the fact that it was a group activity made it even better, not only regarding motivation, but also helping each other, when one of us did not know a word, probably there was another who did, and therefore the activity was successful in my opinion. What I have learned is that making a group activity for the class is a good idea to make a change and not to do always the same (in this case drilling all the time as in the previous lesson), is motivating and therefore language acquisition is better. (4) Share your thoughts on the activities with your classmates and comment on theirs. We all agreed that there was too much drilling, the teacher could have done more practical things instead of making us repeat all the time which at some point became boring. The group activity we made was good to make a change  from all the drilling along with the activity we did in which we had to colour some drawings. But again, after colouring we did more drilling and repeated the colours several times. For me instructions were clear although not all of them believe the same, sometimes they found them confusing. (5) As a student, which activities in the lesson do you consider were the most valuable? Why were they valuable? As a student I believe that the most valuable activities were the one of colouring the circles and the group activity. The reason is because after doing so much drilling, I got really bored, and doing these 2 activities were a kind of ’’break’’ from it, but not only because they were motivating, I also think that both of them helped to lower the affective filter of the class, and by doing so, improving language acquisition. Lesson 3 (1) Apparent lesson objectives (functions, structures, lexis and pronunciation) The functions were how to ask and give information (asking what language do you speak, and where are you from), more subject pronouns were introduced (We, they, you [plural]), the numbers (and how to say them), we did concept checking of the previous class and corrected homework. The main structure was mostly a presentation or modeling of the task, and controlled practice with drilling. Exponents: ’’Mità ¤ sinà ¤ puhut?/What language do you speak?’’, ’’Minà ¤ puhun suomea/I speak Finnish’’, ’’Missa asut?/Where do you live?’’, ’’Minà ¤ asun Montevideossa/I live in montevideo’’. (2) How does the teacher respond to and manage error correction? (Self- correction, peer-correction, etc.) Whenever someone made a mistake during the drilling activities(for example repetition drills), the teacher would repeat again with the correct pronunciation, and in other exercises(writing down numbers in letters) when  it was not correct, she made a facial expression to indicate there was a problem and allowed self-correction. (3) Is there any revision of previous lessons? How is it done? Yes, when the class started we corrected homework which was to colour the drawings of some objects (the new vocabulary we learned the previous class), and write which colour it had. Then we checked the colours again on the book she had and did some drilling. As she connected previous topics with new ones it was useful for us, for example the vocabulary and the colours, she mixed both in one task, the same with numbers, when we had to count how many apples there were, or how many cars. (4) What techniques and aids does the teacher use to present the new aims? She repeated and re-phrased old language in order to associate it with new one to acquire meaning. Visual aids were also used, which helped us convey meaning, she used a book with the colours and objects, used the whiteboard to draw, or gave us handouts with drawings on them. She talked slowly when giving instructions or explaining something, always keeping eye contact, this made it easier to understand. Gestures were also heavily used, which was necessary to convey necessary meaning since we were total beginners. The use of drills was also used most of the times, mostly repetition drills. (5) Is there a focus on form, meaning or both? Since we were beginners, the teacher focused mainly on meaning, rather than on the form. She did not explain the tenses or rules of the language, but instead made sure that we understood the meaning of what she was teaching. We had plenty of communicative activities and drilling, so meaning was emphasized, also we learned a lot of vocabulary. We were thought the new vocabulary with functions (describing an object, counting objects) such as, ’’This apple is red’’, ’’What colour is this dress?’’, ’’There are three cars’’, ’’How many cars are there?’’. Lesson 4 (1) Apparent lesson objectives (functions, structures, lexis and pronunciation) New vocabulary was introduced to us, related to the seasons. She made a connection between the seasons and colours (’’Kà «sa on vihrea ja keltainen/Summer is green and yellow’’), also with vocabulary we saw on previous classes. We learned family vocabulary and how to ask someone’s relatives names (’’Mika sinun isà ¤n nimi on?/What is your father’s name?’’, ’’ Minun isà ¤n nimi on martti/My fathers name is Martti’’). (2) Pace is crucial in keeping students alert, motivated, engaged and â€Å"on course†. What comment would you make on the pace of the lesson observed? What factors are relevant here? Doing drilling activities certainly distorted the pace of the class as it became demotivating; the teacher also connected seasons with colours, which I believe was rather confusing instead of helpful. As she introduced new concepts to the class, she skipped others and left the students wondering some concepts, for example when the concept of the sun was thaught, she could have taught the moon. Moreover, when we made groups to play a game which was a kind of lottery with the seasons, it was quite boring, as it was too childish and easy for us. At some point I got bored of the constant drilling, or confused because of the connection the teacher was trying to make between seasons and colours. The most relevant factor is motivation, the pace of the class has to change in order not to bore students, a monotonous lesson is not good for language acquisition, and as it became confusing sometimes it became hard for us to follow the pace of the class. (3) Observing group. What external signs did they give of keeping up with the pace? (Or not) We managed to follow the pace of the class but at some points, some of us could not do it, as she taught too much vocabulary, and made relations  between them that were rather confusing (Making relationships between the colours and the seasons, made the lesson confusing). This was evident since when one of us was asked to carry on a task, we would not do anything and say we did not understood what she was asking us to do, facial expressions from my classmates also showed me that they were having difficulties. When following the pace was possible, it would be shown with concept checking or following the tasks instructions successfully. (4) Study the teacher’s physical position and movement in the class. Do you think these are planned and have a special purpose? Please give examples supporting your views. She did not stand on one side of the class or sit behind the desk, she would move through the whole classroom, which has the purpose of lowering the affective filter, and to motivate, also provides the idea that the teacher is the one in control of the class. She also moved when doing concept checking, when we had to do a task on our own or in groups she came to correct us instead of doing it with the whole class. The purpose of moving through the class is because of conditioning the environment, if the teacher sits all the class, students will become demotivating, the class becomes monotonous, by moving she gets our attention and makes us to be interested. (5) Points of contrast between English and L2 Finnish is a phonetic language, while English is not, pronunciation problems could happen for Finnish native speakers trying to learn English as they may find trouble discriminating the short and long vowel sounds such as sit-seat and pip-peep. In Finnish the verbs show tense by the addition of suffixes while English uses auxiliary verbs (’’Puhun [I am talking about/Puhuin [I was talking about]). The subject pronouns have no gender like in English (he and she are the same word in Finnish). Although Finnish and English words share the same letters, there are no cognates since the languages are from distinct language families. Also, many words which are uncountable in English such as furniture or people, can be counted in Finnish. Lesson 5 (1) Apparent lesson objectives (functions, structures, lexis and pronunciation) Lesson 5 was mainly concept checking and cultural approach to Finland. We corrected homework from the previous class and learned new vocabulary. We were taught how to say the plural of objects by adding a letter ’’A’’ at the end of it (’’Kissa/Cat’’, ’’Kissaa/Cats’’) (2) Was there a point in the lesson or a lesson in particular in which you felt that certain â€Å"cultural factors† affected either the teaching or your learning? Please explain and comment. The fact that she brought magazines, pictures, and other pieces of art related to Finland made the class more interesting and motivating, therefore it helped language acquisition, but since we were not learning any specific form or language rule it was not so successful (in the 5th lesson), as for the other lessons it made them more interesting as it had an influence on us, curiosity about the country motivated us and helped us on language acquisition and motivation. The video showed lots of aspects from Finland, being a video about something we did not know could be motivating, although we did not have a task and since it was all in Finnish it became rather ’’boring’’. (3) Is the teacher always providing information in the class? Have you noticed (s)he serves other roles? If you have, which are these? The teacher had many roles inside the class; she acted as a planner, as she planned the lessons and materials. The teacher had the role of a resourcer, providing students with information and tasks, as well as checking and clarifying language. She also acted as a language resource, by helping, modeling and answering language questions. She was also a facilitator, since she checked and clarified language, also a monitor, by checking and observing while we were doing the tasks provided. (4) Checking of learning. Can you identify if this took place? If you can, when did it happen and how did the teacher do it? When we corrected homework, which was an exercise based on numbers, she checked if we did right, but apart from that she started writing random numbers on the whiteboard so we would say which number it is, and therefore know if we learned the rule of how numbers are formed. No checking of learning was made furthermore, since we made no production because we were complete beginners. Conclusion as a learner: As a learner, I believe there was too much vocabulary, plenty of drilling activities that made the lesson demotivating, and really confusing at some points. I experienced a lack of motivation during the lessons, as they were monotonous, always doing drills and learning more vocabulary. Conclusion as a teacher: The classes could have been better prepared, so that they were not so monotonous, contexts were not used during any lesson which does not help students, and does not convey meaning, the activities were not purposeful (They did not show students the purpose of the language acquired). The aids used were adequate, gestures, realia, and pictures were helpful since they made the students more interested and helped them to follow the pace of the class. All in all, more variety of activities could have been used, as for the aids they were successful.

Social Psychology Essay Example for Free

Social Psychology Essay I think that Social Psychology can only explain some of why football hooliganism happens; I don’t think it is the only reason. I think another main cause of football hooliganism is â€Å"over-excitedness†, and the fans just become immersed in the moment. This, when mixed with passion for the game, I think, is another vital cause for football hooliganism. To summarise I thinkâ€Å"concoction† of passion and â€Å"over-excitedness†, and Social Identity Theory are the reasons football hooliganism occurs. Social Identity Theory has a real world validity which is shown at football games as football hooliganism is common in some countries, such as Poland, and can be applicable to a lot of cases of football hooliganism. Social Identity Theory can be used to find out why there is violence at football games. Furthermore, A range of studies have shown support of the idea that people are willing to see their group as better in some way than other groups. Tajfel, for example, replicated his experiment with a variation to prove that his findings were reliable. There is also a practical application, in that the theory helps to explain a wide range of social phenomena, such as football hooliganism. Social identity theory doesn’t take into account other factors which might be influencing behaviour, for example Dobbs and Crano in 2011 showed that under some circumstances there is much less in-group favouritism than suggested by Tajfel. The theory also doesn’t explain why there are individual differences in the level of prejudices shown. There are also other possible explanations of prejudice which might offer a fuller account of prejudice, for example the Realistic Conflict Theory which sees Social Identity Theory as only part of the explanation. It suggests that it is not just the creation of two groups that leads to prejudice, but that they need to have a goal in sight for conflict/prejudice to develop. Secondly, there is a theory that when humans have their sense of humanity taken away from them, and they are in turn treated as if they are animalistic. This can be used to prove football hooliganism because they are in conflicting goals and therefore they are fighting like animals in order to receive the prize of a football victory. In conclusion, I think that the use of Social Psychology can be used to understand and, more importantly, prevent football hooliganism. This is because the Police could use Social Identity Theory to understand what they needed to do in terms of policing the stadium, keeping peace and where to â€Å"shepard† the fans. This could possibly reduce the amount of prejudice and discrimination at a football match, and therefore, using Social Identity Theory, reduce the amount of football hooliganism. However, I believe that football hooliganism isn’t a result of just Social Identity Theory; I think passion for the game, as well as â€Å"over-excitedness† has a part to play too.

Immanuel Kant Theory of Justice

Immanuel Kant Theory of Justice The philosopher Immanuel Kant believed that his retributive theories of justice were based in logic and reason. The retributive stance on punishment states that punishment is necessary, and indeed, justified, on the basis that the act of committing crime deserves punishment. The strict guidelines Kants theories created, coupled with the very nature of retributive justice fuelled the arguments of those of Kants critics who claimed his approach would lead to harsh and ineffective sentencing. It is my intention to use this paper as a means of exploring and addressing these claims. Judicial punishment can never be used merely as a means to promote some other good for the criminal himself or for civil society, but instead it must in all cases be imposed on him only on the ground that he has committed a crime; for a human being ought never to be manipulated merely as a means related to anothers purposes First, he must be found to be deserving of punishment before consideration can be given to the utility of this particular punishment for himself or for fellow citizens  [1]  . Upon considering the above it is clear that, in Kants view, the only purpose punishment should serve is to penalize the criminal for committing a crime. Whether or not the punishment could have an affect on the criminals propensity to reform is therefore irrelevant. The punishment is there to punish the criminal for the crime they have committed; nothing more, nothing less. This leads on to the theory of just deserts. This theory is now considered to be one of the more prominent views on the subject of the punishment of criminals  [2]  . The key belief of the principle being that offenders must deserve punishment: [in] the everyday thinking about punishment, the idea of desert figures prominently. Ask the person on the street why a wrongdoer should be punished, [and] he is likely to say that he deserves it  [3]  . Kant advocated two principles regarding the way punishment should be meted out. As we have established above, the first of which is that the only right and proper grounds for punishment is that the criminal deserves it. And so it follows that punishing a criminal with the aim of promoting happiness, reformation or deterrence would run contrary to the categorical imperative by making the punishment a means to an end. Kants categorical imperative is the universal law that states that all people must act in a morally correct manner at all times. Therefore ones own desires or wishes cannot be taken into account when making a decision, as no one persons desires should be prioritized above anothers. The desired outcome of any action must be to avoid causing harm or inflicting damage upon another person. In this regard, Kant defines an act as morally correct if it can be applied as a universal law. For example: I will never tell the truth would be deemed to be immoral because it could not b e applied as universal law as, in the event of everyone having to never tell the truth, the truth would lose its significance. In simpler terms, when considering Kants categorical imperative, the logical approach surely dictates that we must consider the affect our own actions will have on others, and then to avoid carrying out actions that will harm or hinder the rights of others. The second of Kants principles regarding punishment relates to proportionality; the sentence received should be proportionate to the crime committed. Kants theories of autonomy and free decision making make up the foundations for his view on just deserts. The theory submits, first of all, that everybody is duty bound to respect each others rights. Kant goes on to suggest that adhering to the law is a sacrifice of ones right to freedom of choice. Therefore, those that commit crime gain an unfair advantage over those that do not. Punishment is used as a means to redress the balance between the law abiding citizens and the criminals, removing any unfairly gained advantage from the criminals. The punishment is intended to punish no more or less than relates to the advantage gained. It follows, therefore, that deterrence and reformation bear no relevance to this method of sentencing. This type of justice system is still relevant today, and indeed, has been put to use by some governments. The U.S. State of California has rigorously applied retributive punishment philosophies to its court system. Retributive justice has been applied in California since the inception of the Determinate Sentencing Law: The Legislature finds and declares that the purpose of imprisonment for crime is punishment  [4]  . One of the key policies of Californias justice system is the three strike rule. The three strike rule was introduced in 1994  [5]  . Its main purpose was to punish repeat offenders by handing out long sentences a minimum of twenty-five years to those that have been convicted of a felony and already have two strikes for violence on their record. Sentencing under these guidelines leads to particularly long, and critics say, ineffective, sentences  [6]  . The policy has been successful in that it has kept criminals off the streets for longer  [7]  , but it can be argued that the detrimental effects, such as criminals receiving life sentences for what amounts to petty offences the third strike doesnt have to be a violent offence outweigh the beneficial effects. This policy also conflicts with Kants categorical imperative in that receiving a life sentence for being convicted of shoplifting  [8]  (as the third strike) is not proportionate. We have already established that Kants intention is for individuals who have been found to have broken the law to receive punishment that is relative to the advantage that they have gained by committing the crime. If the above assessment were to hold true it would mean that Andrew von Hirschs proclamation regarding the opinion of the person on the street  [9]  would surely be correct. Despite this, one could argue there to be various potential flaws present within the theory. Not the least of which is how to apply this theory of punishment to a criminal that has gained no discernible advantage from their crime. For example: A boy living alone with his mother is periodically abused by her. He is subjected to sustained mental, physical and sexual assaults that he is powerless to prevent. He is kept locked up for the majority of his time at home and is threatened that, were he to tell anyone of what he has suffered, he would receive more severe abuse. The abuse continues as he grows older and eventually he fights back. On this occasion he hears his mother approaching him via the stairs that lead to his room. He rushes to the top of the stairs and pushes her down them, resulting in her death. I would suggest that it is certainly arguable that the boys only intention was for the abuse to stop, rather than an intention to kill or seriously injure his mother. SOURCE IT UP It surely would not be right to say that there has been any advantage gained in this example. The rest of society is not expected to endure such abuse, and so it follows that the boy was already at a disadvantage. Also, surely th e victim in this crime was herself guilty of not respecting the rights of her son, as per Kants theory of just desert. This would surely lend weight to the line of thinking that it would be unfair to punish the criminal in this, albeit radical example, where there has been no advantage gained, by the very same principles applied to those that have gained some advantage. This example seems to support the beliefs of Kants critics  [10]  , and certainly strengthens the view that two wrongs dont make a right. Kant endorsed capital punishment as a suitable punishment for murderers  [11]  . This stance is a good example of Kants beliefs regarding proportionality; a life for a life. However, this stance also goes some way to strengthening the claims of those that believe Kants philosophy encourages harsh sentencing  [12]  . This leads on to the area of Kants philosophy that has attracted the most criticism. How can ending the autonomy of another, criminal or otherwise, be in keeping with Kants theories regarding categorical imperative? To use Kants own words, to hand out capital punishment must surely be classed as FIND SOME RELEVANT WORDS. Why is it that this stance can be upheld in relation to suicide or murder, but disregarded when it comes to the punishment of a criminal? Again, we turn to the view of Andrew von Hirsch, who said: A person who violates the rules has something others have the benefits of the system but by renouncing what others have assumed, the burdens of self-restraint, he has acquired an unfair advantage. Matters are not even until this advantage is in some way erased à ¢Ã¢â€š ¬Ã‚ ¦ Justice that is punishing such individuals restores the equilibrium of benefits and burdensà ¢Ã¢â€š ¬Ã‚ ¦Ã‚  [13]   Kant justifies such an approach by saying [the criminal] draws the evil deed back to himself when he suffers that which according to the penal law is the same as what he has inflicted on others. According to this line of thinking, a criminal that has murdered somebody else has done so because they have made a choice to do so, and in doing so, they have gained an advantage over the victim. In other words: A kills B because A didnt like the look of B. By murdering B, A has sought to gain an advantage over the rest of law abiding society, who by adhering to the law, have sacrificed their freedom of choice. So, As choice to murder B, is deemed to be A unfairly reclaiming his freedom of choice. However, if A is punished via capital punishment, it is not to gain any advantage, it is merely to punish A for the crime he has committed in a proportionate manner. He has taken a life, therefore his own becomes forfeit. Again, though, there is a case for arguments against Kants stance on the ma tter. How can theory stand up in cases where the criminal has not acted out of any rational thought? How can Kants view apply in cases where the criminal has lost their mind to insanity and acted on instinct rather than choice? There is no reason, no autonomy in such an instance. In conclusion, I believe Kants theory on punishment to promote certain values which are of utmost importance to society. Namely, the categorical imperative and, in particular, his view on morally correct actions. However, there is perhaps, something robotic about his theory. It would be wonderful if everybody told the truth all of the time, regardless of consequence. It would be equally wonderful if people did not commit crime at all. I believe that asking everyone to follow the same universal laws, while noble and beneficial in theory, cannot be achieved due to the complexity and intrinsic selfishness of human beings. Similarly, to punish them in such a way; without taking deterrence, the propensity to reform, or any other individual factors pertaining to a given case, such as circumstance and state of mind, would be unfair. While I agree that proportionality would offer certain advantages when sentencing, such as adherence to the rule of law; everyone is treated equally. Kants stan ce on punishment also presents its fair share of problems. Namely, that peoples actions are often dictated by circumstance, which obviously would not be taken into consideration under the guide lines laid out by Kant, and presented throughout this essay. Owing to this fact, I believe that Kants stance on punishment would be perfect in an ideal world. However, as unfortunate as this fact is: we do not live in an ideal world.