Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
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quality of your meeting planning firm‚ and you have a responsibility to maximize the happiness and revenue for your client. What will you do? First order of operation‚ because I have oversold my event by 1000 people‚ I must first re-evaluate my risk management assessment. I must identify‚ analyze‚ select‚ and monitor. There are also the prevention safeguards‚ contingency‚ and emergency action plans that I must change to accommodate the extra guests. These steps are important not only to the guests‚
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continuous contact c. Develop loyal customers d. Work closely with suppliers 4) CMMI supports improvement approach like a. Continuous improvement approach b. Staged // // c. All d. None 5) Which of the following are inputs a. Work Results b. Quality management plan c. Operational definition d. Checklists e. All 6) The concept that is easier and less costly a. Zero defects b. Continuous improvement c. DTRTRTFT d. The Customer is the next person in process 7) Benefits of predicting project performance
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Oil & Gas Valuation – Quick Reference http://breakingintowallstreet.com Oil & Gas Valuation: Comparable Public Companies & Precedent Transactions Picking a set of comparable companies or precedent transactions for an oil & gas company is very similar to how you would pick them for any other company – here are the differences: 1. Rather than cutting the set by revenue or EBITDA‚ you would instead select the set based on Proved Reserves or Daily Production (in addition to the normal geographic and industry criteria)
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International Business Assignment 3 A Pipeline of good Intentions 1- What is the “oil curse”? Why do you think it develops? The oil curse (Paradox of Plenty) refers to the paradox that countries and regions with an abundance of natural resources‚ specifically point-source non-renewable resources like minerals and fuels‚ tend to have less economic growth and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons‚ including
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information. Offsite data would be activated in the event of a natural disaster shuttering the Canadian call center’s operations. This recommendation is approached as a project‚ with external customers‚ executive leaders‚ shareholders‚ call-center management‚ and line-level employees being the stakeholders. There are 10 action items to be performed‚ each with its responsible party‚ timeline‚ identified barriers‚ and individual deliverable. The action steps are mostly the same for both processes‚ with
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13‚ 2012 This is to certify that we interviewed Mr. Jojo Tamayo of Jamta Wireless Solutions‚ 04 Cmdr Raymundo St.‚ Morong‚ Rizal‚ as our expert for our Science Investigatory Project. Solar Powered Wireless Equipment for Multi-Purpose Disaster Risk Reduction Questions for Mr. Ruel Lopez of MVERT (Morong Volunteer Emergency Response Team): 1. How to make our project waterproof? Answer: Put the project on a High place or secure it with a glass case 2. What are we going to do to
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The effect of change in organization culture in Dragon Oil v.1.1 (Final Draft) Executive Summary: The dissertation is meant to find a relation between organizational culture and the change in management by means using a valid subject as case study. The author utilized Dragon Oil as the case subject to understand how a relatively unknown oil drilling company has become the talk of the town after going through a change in management around 2008. The dissertation addresses a brief history of
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Event Manager; legal and ethical responsibilities with respect to risk management The theme "Ethics and Risk Management" signifies that each of these two disciplines—risk management and ethics—depends on the other. Good risk management requires good ethics; and good ethics requires good risk management. This implies that‚ from a positive perspective: • First‚ for an organization/company to manage its risks well‚ everyone who represents that organization/company must practice good ethics. •
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Strengthening Operational Risk Management through Effective Loss Management MetricStream Webinar 28 November 2012 Patricia Jalleh Executive Director RiskBusiness International Agenda • The importance of loss management • Critical success factors for managing loss events • Integrating loss management and operational risk management 2 Basel Definition of Operational Risk Operational risk is defined as the risk of loss resulting from inadequate or failed Internal processes People Systems
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