Jamaica and Its New Experience - 663 Words

The government of Jamaica has announced that it hopes to gain major foreign investment and create many jobs through the development of a ‘logistics hub’. The government believes that Jamaica’s geographical position will allow it to become an important part of the global value chain by serving at least some of the estimated 12,500 ships that will be passing through the Panama Canal as of 2015. According to information published on the government’s official website: With major investments and global partnerships, Jamaica will become: †¢ The transhipment and air cargo logistics hub of the Western Hemisphere †¢ The Caribbean’s strategic handling point for bulk commodities †¢ The Latin America and Caribbean centre for aviation-related†¦show more content†¦They pointed out that Jamaica was seeking to become the site of the fourth global logistic hub, the other three being located in Singapore, Dubai in the United Arab Emirates and Rotterdam in the Netherlands. On April 30, 2013, Prime Minister Portia Simpson Miller announced that Principal of the Mona Campus of the University of the West Indies, Professor Gordon Shirley, would chair the National Task Force, to coordinate the development of the range of infrastructural elements leading to the establishment of the Logistics Hub. Professor Shirley was subsequently appointed as Head of the Port Authority of Jamaica in September 2013. As the year drew to a close it became apparent that government was intent on going ahead with the establishment of the Logistics Hub ad Goat Island and that the Chinese engineering firm China Harbour Engineering Company (CHEC) was the front runner to carry out the project. In September 2013, the PM stressed that the country needed an economic game changer and that the US$1.5 billion dollars of investment attached to the Hub could be that game changer. She cautioned that delays could derail the discussions taking place with the proposed investors. Speaking to a large group of business people, she recognised the environmental issues raised by the project and announced the commissioning of a study to evaluate the environmental impact with a view containing and minimising negative environmental impact. TheShow MoreRelated Jamaica Essay1199 Words   |  5 Pagesknown to its natives as â€Å"Xaymeca†, has come a long way in becoming the independent nation known today as Jamaica. In the Sea of many islands known as the West Indies, Jamaica stands peaceful, welcoming tourist and expanding rapidly. From an early age my passion for the island and its culture has grown strong. From a brief history, through a look into the present day culture and society of Jamaica, my fascination with the island will bares true meaning. nbsp;nbsp;nbsp;nbsp;nbsp;Between the brokenRead MoreUnderstanding, Valuing, And Accepting Cultural Diversity1724 Words   |  7 Pageshad with my culture. The subject was a friend of mine that I have known for about six years. She was more than happy to be a part of the interview and more importantly for me, it was a good learning experience. She was born in Jamaica to her Chinese parents. Her family left China and moved to Jamaica to escape communism, and later moved to the United States to expand the family business. She is in her mid- 50’s, married and mother of two adolescent boys. We started the interview by her trying toRead MoreThe â€Å"Price Of Memory†, Directed By Karen Mafundikwa, Is1431 Words   |  6 PagesThe â€Å"Price of Memory†, Directed by Karen Mafundikwa, is a remarkable film that follows the Rastafari group within Jamaica and their petition for reparations from Queen Elizabeth, and the British Government. Initially when beginning this film , the director envisions taking part of the irony, that Queen Elizabeth was visiting one of her former colonialized nation. However, after taking a further in-depth view of the history regarding the island, the director felt there was indeed a story, still needingRead MoreReflection Paper On Excursion In Jamaica1538 Words   |  7 Pagesexcited to experience something new. We decided to drive to Galveston Tx. where we would port from to begin our week long journey. We were at sea for four days and docked three days. The destinations we chose were on the Western Caribbean; Cozumel, Grand Cayman and Jamaica. All of our excursions were exciting and new experiences for all of us however, Jamaica was by far the most adventurous. We were contemplating booking an excursion at every stop and decided to â€Å"wing it† in Jamaica. We wereRead MoreThe Interpretive Design For High School Students Essay1682 Words   |  7 Pagesphilosophical interpretations and explanations of the data collected. A basic interpretive study focuses on how individuals interpret their experiences; create their worlds, and the meanings they attribute to their experiences. Consequently, the overall purpose is to understand how high school students interpret their experiences and whether or not those experiences have adequately prepared or inhibited their transition into undergraduate programs. The limitations of my research design is in the collectionRead MoreEssay about Girl/Woman Work Socio-Historical Critique1439 Words   |  6 Pagesa work of literature. Life experiences, life choices, political events, time periods, or even time eras. In lieu of this concept it can be assumed that an interesting life may produce interesting poetry or stories. Two phenomenal women, Maya Angelou and Jamaica Kincaid portray two different points of view in their works of literature. A lot of things can contribute to their differences, but in particularly their upbringing is a major cause of their variances. 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The paper assesses the risk and the advantage of conducting business with countries with histories of imperial rule and civil struggle. After providing a brief, yet comprehensive view of each country, the paper ultimately concludes that any business conducted with any countryRead MoreAfrican Americ A Transformation For Blacks1390 Words   |  6 Pagesthe battle for equally for all African American. Their movement, marches and voices made changes that in any case influences the African American group today in a positive light. Marcus Mosiah Garvey was born in St. Ann s Bay parish of St. Ann, Jamaica on August 17, 1887. He spent his adolescence in St. Ann s Bay, St. Ann and went to primary school there also. At this particular point in Garvey s life he resembled numerous other youthful young people. In spite of the fact that he knew he was huedRead MoreInterview : A Middle Aged, Black, Jamaican Woman1706 Words   |  7 Pages her attempts to return to school, as well as many other things. What I had never asked Lorna, though, and what we had never talked about, were her experiences as a foreigner, black women trying to find her place in the predominantly white country. It was because I was afraid to touch a sore spot, I was convinced she had, taught by my own experiences as a white but nevertheless foreigner in this country. This interview was the first time we talked about what we held deep inside us, as if somehow

Theo 104 Reflection Paper 1 - 642 Words

TOPICS TO CONSIDER FOR THE REFLECTION PAPER: Angels, Anthropological Argument, Arminianism, Assurance of Salvation, Attributes of God, Baptism of Holy Spirit, Believers Glorified Body Bible Study, Biblical Theology, Calvinism, Character Development, Christian Service, Comfort of God, Conscience, Contemporary, Theology, Conversion, Conviction, Cosmological Argument,Creation, Crown of Life, Deacon, Death Death of Christ, Deity of Christ, Demons,Denominations, Doctrine, Dogmatic Theology, Doubt, Elder, Election, Et , Jehovahistic Statements, Judgment, Eternality of Christ, Fall of Man, Fulfilled Prophecy ,Glory of God, Goodness, Gospel, Grace, Historical Theology, Holiness, Hope, Immutability, Judgment Seat of Christ, Justice, Law, Life,†¦show more content†¦Review the Reflection Paper Grading Rubric to see the specific grading criteria by which you will be evaluated before submitting your paper. Structure your paper in the following format (inserting the headings within the paper): I. Introduction (one paragraph introducing the two topics/doctrines that you will address) II. Part One (first topic: approximately one page in length) a. Theological Definition b. Biblical Foundation c. Practical application III. Part Two (second topic: approximately one page in length) a. Theological Definition b. Biblical Foundation c. Practical Application IV. Conclusion (one paragraph summarizing your areas of progression in Christian thought) V. Grading Rubric (this must be copied and pasted into the end of yourShow MoreRelatedTheo 104 Reflection 1 Paper1187 Words   |  5 PagesMy reflection paper is a reflection on what I have learned from my class and my understanding of the Christians views. In my paper today I will discuss two topics that deal with Jesus Christ. The first topic I will discuss is the fall of man. The next topic will be the death of Christ. These topics are very controve rsial and they are the ones that I struggled with in the beginning and/or struggle with today. The Fall of Man The theological definition for the fall of man is the transition of theRead MoreReflection Paper 1787 Words   |  4 PagesFebruary 10, 2013 Theo 104 Reflection Paper #1 I. Introduction This paper will be written to discuss ideas that have been discussed in Theology 104. This class has covered such a wide range of topics in just the first 4 weeks. The 2 topics I have decided to write about are the importance of personal testimonies and God’s grace. II. Part One a. Theological Definition A testimony is how one person’s Christian walk came to be. They are used to show how someone was saved. It tells about theirRead MoreLiberty Theo 104 Relection Paper1163 Words   |  5 PagesReflection Paper By Christopher Moore THEO 104 To know Jesus Christ is the best thing that can happen in a person life. It transforms your mind, body and sprint. I have picked the following three topics to share my experiences of knowing Jesus Christ. 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What can your local Church do to better communicate God’s love to your community? These are just three of many questions when it comes to being a Christian living in the world we live today. Section 1: Did Jesus Claim to be God? Jesus is never recorded in the Bible as saying the precise words, â€Å"I am God.† That does not mean, however, that HeRead MoreAngels Demons - 1 Essay1190 Words   |  5 PagesValerie Marica THEO 104-D48 Reflection Paper Introduction Angels are many times presented as being dressed in white flowing robes with halos and wings. They are usually depicted with long flowing hair and surrounded by bright white light. It is not unusual to see angels presented in movies, television and literature as taking human form and assisting people by performing various supernatural acts, such as flying or performing miracles. 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This paper aims at providing the reader with a comprehensive understanding of dividends and dividend policy by reviewing the main theories and explanations of dividend policy including dividend irrelevance hypothesis of Miller and Modigliani, bird-in-the-hand, tax-preference, clientele effects, signalling, and agency costs hyp otheses. The paper also attempts to present the main empirical studies on corporate dividend policyRead MoreRastafarian79520 Words   |  319 Pagescondition on any acquirer Library of Congress Cataloging-in-Publication Data Edmonds, Ennis Barrington. Rastafari : from outcasts to culture bearers / Ennis Barrington Edmonds. p. cm. Includes bibliographical references and index. ISBN 0-19-513376-5 1. Rastafari movement. 2. Jamaica—Religious life and customs. I. Title. BL2532.R37 E36 2002 299†².676—dc21 2002074897 v To Donnaree, my wife, and Donnisa, my daughter, the two persons around whom my life revolves; and to the ancestors whose strugglesRead MoreMonte Carlo Simulation218872 Words   |  876 Pagesscope of a technique, I discuss them explicitly. In addition, an appendix gives precise statements of the most important tools from stochastic calculus. This book divides roughly into three parts. The ï ¬ rst part, Chapters 1–3, develops fundamentals of Monte Carlo methods. Chapter 1 summarizes the theoretical foundations of derivatives pricing and Monte Carlo. It explains the principles by which a pricing problem can be formulated as an integration problem to which Monte Carlo is then applicable. Chapter

Power Struggles in Society Free Essays

Mills, Schudson, and Gitlin show different approaches to society and the role of mass media. Each approach helps illustrate a different focus on society. They each hold special relevance in a discussion of the history of societal beliefs. We will write a custom essay sample on Power Struggles in Society or any similar topic only for you Order Now The Mass Society refers to the overall belief C. Wright Mills held in relation to the type of society he believed we live in. Mills began The Power Elite with a bold statement saying, â€Å"The powers of ordinary men are circumscribed by the everyday words in which they live, yet even in these rounds of job, family, and neighborhood they often seem driven by forces they can neither understand nor govern† (Mills, 1956, p. 3). This opening sentence helps describe the attitude and beliefs of the entire book. A â€Å"power elite† exists in a society that is made up of three spheres. They are divided into economy, political, and military, with the same group of people interchanging between the three. This large group of elite is at the top making all the decisions, while the masses are at the bottom, unaware of the process that molds public opinion. Masses within this view of society are irrelevant and do not have any type of influence. The media functions as an entertainment source, keeping the masses entertained while the elite is taking care of all the important matters. It helps keep the reality and truth of the world obscured from the masses. Mills explained what the media does for the masses as â€Å"they distract him and obscure his chance to understand himself or his world, by fastening his attention upon artificial frenzies that are revolved within the program framework, usually by violent action or by what is called humor† (Mills, p. 315). This helps illuminate how the mass media guides, tries to control, and manipulates the masses. Mills describes the effect of mass media as â€Å"a sort of psychological illiteracy† to the extent that we â€Å"often do not believe what we see before us until we read about it in the paper or hear about it on the radio† (Mills, p. 311). The masses â€Å"standards of credulity, standards of reality, tend to be set by these media rather than by ‘the masses’ own fragmentary experience† (Mills p. 311). Mass media’s role helps prevent the questioning of the elite. â€Å"Families and churches and schools adapt to modern life; governments and armies and corporations shape it; and, as they do so, they turn these lesser institutions into means for their ends† (Mills, p. 6). The family into which someone was born or marries into helps improve or decrease their social status. The school where one is educated or the church where one worships also plays a major role in the social standing. Schools teach skills to the masses that enable them to function in society. Institutions shape life and the masses adapt to what institutions create. The masses in the theory are very disorganized and not connected to others. An excellent way to describe to masses can be shown by watching The Twilight Zone movie. It is a state of total confusion for everyone, with each doing their own thing. The elite enjoy the state of confusion with the masses, because they are able to control the major decisions that must be made. They determine the policies and the people enlist in them. In the mass society, the elite control the policies and ways of thinking for the confused masses. Schudson approaches the nature of society in a much different way, through the idea of the democratic society. In Discovering the News, he discussed â€Å"an even distribution of income† and described the 1800’s as â€Å"more people acquired wealth and political power ‘bringing’ with them a zeal for equal opportunity that led to the expansion of public education† (Schudson, 1978, p. 44). When looking at society as a whole, you have them socially, economically, and politically integrated. Economic development was promoted and shared by many rather than few† (Schudson, p. 45). The press does not cause, but picks up elements, reflects, and builds from a democratic society. â€Å"The democratization of economic life brought with it attitudes that stressed economic gain to the exclusion of social aims; business practice more regularly began to reward s trictly economic ties over broader ones† (Schudson, p. 46). Schudson believed that society was grounded in the perception of society, with the middle class dominating and developing. Media’s relationship with its audience helped sustain them, but it did not create the worldview. The media cannot be proven to have many effects on society, and the ones that exist have to do with advertising as a cultural institution. Advertising functions more as a way of celebrating products and buying. It functions to remind and refocus as it orients people to the world and let them know that others share the same views. Advertising reminds us of things in society and reinforces some social trends. The trends and cultural symbols make us aware while reminding us of what we already know. Objectivity occurred in writings as a response to a problem, not as a correct way to see the world. â€Å"As our minds become deeply aware of their own subjectivism, we find a zest in objective method that is not otherwise there† (Schudson, p. 151). Objectivity developed in response to crisis, when journalism became so overwhelmed with subjectivity. There are three views in reference to objectivity. â€Å"The first view, then, holds that form conceals content in the news story. A second position is that form constitutes content, that the form of the news story incorporates its own bias. A third sees the form of a news story, not as a literacy form, but as a social form tightly constrained by the routines of new gathering† (Schudson, pp. 184-185). The â€Å"moral wars† in journalism showed each class held differing beliefs on what was acceptable. The Times wrote a speech by Reverend Dr. W. H. P. Faunce saying: â€Å"The press engages in a fearful struggle, one class against another. On one side stands the reputable papers and on the other, is what calls itself the new journalism, but which is in reality as old as sin itself† (Schudson, p. 114). Class conflict was the main reason for problems inside the newspaper industry. Different societal classes produced different types of newspapers. Schudson tracks the middle class because he fells it is the most important. He said the press emerged to serve the middle class audience. Schudson said the political aspects of society went from public to private. Reality was public, but became more concerned with what the individual was thinking instead of what everyone was thinking. Voting was one area effected by this new political and reality change. People began to vote in secrecy, such as in the separate voting booth presently used. This new secrecy allowed people to make decisions on their own instead of relying on others. Gitlin discusses how many aspects of society are the result of hegemony, defined as â€Å"the name given to a ruling class’s domination through ideology, through the shaping of popular consent† (Gitlin, 1980, p. 9). â€Å"Hegemony is a historical process in which one picture of the world is systematically prefered over others, usually through practical routines and at times through extraordinary measures† (Gitlin, p. 57). Society is maintained by hegemony instead of class structure. This type of society is possible because it has a common reality, shared language, common cultural forms like mass media, shared government, common education and religion, and common transportation. Hegemony says we live in a society where all ideas are not treated equally. As a result, we are predisposed to accept some views and slower to accept others. It is not a conspiracy theory but it holds that everyone is doing their job. The ideas of the dominant in society are being told. If someone outside the dominate group feels their idea is right, they must do something out of the ordinary to get attention. The dominate class is not particularly the elite or the middle class, but it is the group whose ideas are most important to be heard in society. We grow up in a world that already has meaning; we must therefore decide where we belong. In return, society produces the kind of people it needs. Many people spend their lives trying to figure out where to belong. The routines of journalists are the main way standardized frames are put into reporting. These routines are structured in the ways journalists are socialized from childhood, and then trained, recruited, assigned, edited, rewarded, and promoted on the job; they decisively shape the ways in which news is defined, events are considered newsworthy, and ‘objectivity’ is secured† (Gitlin, pp. 11-12). People think the world is being reported, but it is actually being created. Mills, Schudson, an d Gitlin share few beliefs in relation to the nature of society. Each believes that separate social classes exist and that each class relates to society in a much different way. They also agree that problems do occur within society and its current division, but at that point their beliefs begin to diverge. Mills and Gitlin are the most similar among the three. They both believe there is a separation between one dominate class and the masses. Mills believes the one dominate is the elite and Gitlin does not feel it is any particular social class. Schudson, on the other hand, believes there are separate classes with the middle the most important. The most persuasive is a combination of Schudson and Gitlin. Different times make the separation on which is most important. Schudson is correct in saying the media and society play off each other. Things which occur in society would not be made as important without the media stressing its importance and society tuning in to hear the details. Gitlin is also very true in his beliefs of hegemony with a ruling class being dominate over society. The world in which we live is very centered around the fact that one group’s ideas are heard through the media more often than that of others. The nature of society is explained differently when looking at Mills, Schudson, and Gitlin. Each person is very persuasive in the views they express. There are also weaknesses that exist in some of the views. Gitlin’s hegemony comes across as the most persuasive of the ideas. It can explain most things in society that the other two cannot. Society is complex in every way, but hegemony helps make it more simple to understand. References Gitlin, Todd. (1980). The Whole World Is Watching. Berkeley: University of California Press. Mills, C. Wright. (1956). The Power Elite. London: Oxford University Press. Schudson, Micheal. (1978). Discovering the News: A Social History of American Newspapers. USA: Basic Books. How to cite Power Struggles in Society, Papers

Software Migration in Kansalis Bank

Question: The choice of analytical framework used to identify and prioritise the most significant issues or areas of influence, in relation to the decision making processes, performance of the project team, progress of work, and effectiveness of its management. Quality of analysis: the students ability to critically appraise and discuss available evidence in light of the analytical framework, relevant literature and theory, and use them to support the analysis and discussion . Key learning points and recommendations for improvements: logically derived from the presented analysis and discussion with a commentary about implementation in the given organisation and/or more generally. Answer: Introduction Kansallis Bank is the biggest commercial bank in Finland having over 10,000 employees and more than 450 branches in Finland and over ten branches around the world. After being established in 1889, it took them almost 100 years to become the most trusted and popular bank in Finland. However, while achieving this success, Kansallisbank had to undergo three software migration processes between 1960 and 1995 (Dutta et al. 2016). They witnessed three generation of banking systems, which were batch computing system of Siemens, online banking system, and multifunctional banking system. They changed their software systems with the time as they used the first generation of the batch computing system from 1963 to 19819(Dutta et al. 2016). After that from 1973 to 1995, they used the second generation, which was online banking system. From February 1995, the multi-functional banking system became operational in their bank. While changing their systems they faced several issues and challenges as they used their technology staffs to adopt those new systems time to time. System migration is like changing home for a human being as it changes the core system of a bank into a new system with better functions (Garibotti 2015). Analysis of Kansallis Banks system migration project In the year of 1980, Kansallis Bank management adopted online banking system, which was operating on Bull mainframe environment and was able to manage one million online transactions each day (London 2012). However, the management decided to upgrade their system to MFS or multi-functional system for technical advantages. New targets were set for the new systems as openness, complete integration, ease of use and client server architecture became the primary goal of the Kansallis Bank. This IT structure was divided into six different layers shown in Figure 1. Figure 1: Service layers of MFS system in Kansallis Bank (Source: Dutta et al. 2016) To complete this project successfully, a MFS team was developed having many middle managers from technical and business divisions. First stage of migration process and the issues in it The first stage of this migration process took place between 1983 and 1986. Management was sound while deciding that they will share hands with IBM for the upgraded mainframe environment. However, it took an additional year to decide which client platform they should select. To think about the performing principles several working groups and architecture projects were started in 1983 but the result was not beneficial at all (Pohl and Freitag 2016), as it had too many Ifs and question marks. The main problem Kansallis Bank faced was the limited opportunity to practice and understand the new software as a limited number of hardware were given for pilot tests to the hardware specialists where it was not accessible to the software developer teams. Besides, there were no software development tools or environment available. Therefore, in 1984 Kansallis Bank decided to choose Nokia as the supplier of their client hardware. Second stage and the issues in it During this period, extreme growth took place in the IT sector. Programming tools became more advanced than before, and the level of sophistication of software development was on the rise. To keep up with the time, Kansallis Bank started making changes in their system like decentralizing IT functions and adopting performance-based compensation system. In 1987 and 1988 different projects and the application layer were completed (Dutta et al. 2016). After this period, the planning for the next version of these systems started whose target was to provide more power to the customers so that they can exploit the power of PCs and the new platform and developing original client server architecture within the Bank. Issues started to appear as the bank management started to develop the second version of the application layer system without testing the first version completely. This consumed more time than expected and caused some problems related to cost management. Third stage and issues in it In the early 90s, Finland faced a major recession in their IT sector that forced the local banks to experience credit losses (Hartog et al. 2012). A significant change in the attitudes towards the IT within the Kanallis bank was noticed as one of the managers stated that the line organization started taking responsibilities for IT projects. He also stated that the organization would manage the IT works itself rather than depending on strange, bearded individuals. During this period more than 60 percent, new IBM applications were prepared, and 50 percent of the transactional workload was transferred from the Bull to the IBM environment (Dutta et al. 2016). Many new applications were rolled out in this period and all the indicators were used to measure the quality of the application services. With the time, the number of operating errors became lower as compared to the first stage when practicing, measuring and collecting data was started. Without executing new methodologies and tools, the organization was able to cultivate productive results by involving the existing methodology staffs more intimately within the project (Sderlund and Geraldi 2012). There were no more issues, and the results were exceptional as an internal audit showed that the twenty-five last migrating projects that lasted for eight months each were only eight days late on average. Besides, the productivity of Kansallis Bank became 50 percent higher than the whole Finnish Bank sectors average. The migration projects of Kansallis Bank ended when the last application running on Bull mainframe application was terminated at the end of February in 1995 (Dutta et al. 2016). Primary issues faced by Kansallis Bank while their software migration project Several migration projects took place in the Kansallis Bank starting from 1961 and ending in 1995 (Bask et al. 2012). During this huge period, the bank management faced several issues while upgrading their software system from an old stage to a new stage. The next part of the assignment will shed light on three major issues faced by the banking organization. Those issues were unable to meet up with the time, stakeholders were not fully involved and not meeting up with the cost. Therefore, Kansallis Bank needs proper time management, stakeholder management and cost management processes for their future system migration plans. Recommendation for Cost management process For any upcoming software migration process, the Kansallis Bank must prepare a proper cost management plan that will help them to establish the policies, procedures and documentation for planning, managing, expanding and controlling project costs (Gambetta 2015). Primary target of cost management is to reduce the overall project cost while keeping the organizational goal intact. To establish a successful cost management plan, three important processes are important to be followed. Those are finding out estimate cost, determining the proper budget and controlling the cost. Estimate cost Estimate cost is the process of developing a list of monetary resources, which will be needed to complete a project. The advantage of this process is, it will determine the how much cost is required to complete a project. The input, tools and techniques and outputs of this process are shown in the below table. Inputs Tools and techniques Outputs Cost management plan Human resource management plan Project schedule Organizational environmental factors Organizational process assets Expert judgment Analogous, parametric, bottom-upand three-point estimating Reserve analysis Cost to quality Software to manage the overall project Analyzing Vendor bids Techniques to promote group decision Proper cost estimates Basis of estimates Updating project documents Table 1: Estimate cost model (Source: Bhimani 2013) Determining the budget This process will help Kansallis Bank to finalize the estimated costs of individual activities or work packages to develop an authorized cost baseline (Bhimani 2013). The advantage of this process is, it will determine the maximum possible cost against which project performance will be monitored and controlled. Control cost This is the third and final part where Kansallis Bank will make changes in their cost baseline depending on the results of the monitoring. The benefit of this process is that it will help the bank to understand variance from the plan to make proper action and minimize risk (Sun et al. 2013). Inputs Tools and techniques Outputs Project management plan Plan for proper funding Data related to work performance Earned value management Forecasting To-complete performance index (TCPI) Reviews of the performances Selecting proper project management software Work performance Cost Forecast Updates in project management plan Updates in project documents Updates in organizational process assets Table 2: cost control model (Source: Sun et al. 2013) Recommendation for Time management From the assignment, it is clear that Kansallis Bank faced delays in their second stage while upgrading their software from online banking to multi-functional system, as they did not have full idea about the online banking process and its functions (Dutta 2016). However, the total evaluation showed that each project cost only eight days delay on average, which did not harm the organization or their goals. However, the bank will have to migrate their core software once again as in the modern digital age banking has become more complicated and faster. Not meeting targets within time can harm Kansallis Bank severely this time so they need a proper time management model so that they can outline their jobs according to that model (Burke 2013). Priority Matrix This time management model is actually time management software that can be used on some platforms like Microsoft Windows, Mac OSX, Android, and IOS (Kerzner 2013). Based on the Eisenhower method of arranging tasks it has established to arrange tasks by urgency and importance. This matrix will allow the Kansallis Bank to execute a cloud-based synchronization of data, which will help the data management. Dividing the tasks based on Quadrants The quadrant will properly organize tasks based on their importance and urgency. There are four quadrant levels in this matrix, which are critical and immediate, critical but not immediate, not critical but immediate and Uncategorized (Leach 2014). Drag Drop tasks Projects, which are capable of being dragged from one place to another, which will allow the project team to change the priority of the project without creating a new item (Katz 2013). Import/Export of a project An entire project can be exported into the organizations native file format, which will help them to transfer a workplace quickly. Progress tracking Dates and deadlines will be made for each task in a project. The employees will be provided with proper notifications, which will allow them to track their progress over time (Skillsyouneed.com 2016). Customization of color and label In the RGB spectrum, color of any quadrant can be changed for further customization. Figure 2: Priority matrix for proper Time Management (Source: Skillsyouneed.com 2016) Recommendation for Stakeholder management Stakeholders are the key who can make a project successful or make it failure. Even if all the requirements are met and goals are achieved, a project can become unsuccessful if the stakeholders are not happy. Therefore, the following model and the diagram will allow the managers of the Kansallis Bank to understand their main stakeholders in internal and external environments. Figure 3: Important stakeholders in internal and external atmosphere (Source: Schneider and Hadani 2014) Top management includes the president of the company, vice-president of the company, directors, division managers, corporate operating committee and others. These people are directly responsible for the development of the company (Schneider and Hadani 2014). Therefore, it is important that the result of a project should satisfy their goals too. Project team members are those people who will work with the project manager to complete the project successfully by meeting target goals. Therefore, it is important to understand their problems and issues by working with them closely and minimizing or removing those problems by offering proper guidance or training. Managers and peers are also some important stakeholders as a manager are the boss of a project who can decide whether project will cultivate a positive result or not (Turner 2014). On the other hand, peers are the other people in the organization who may or may not join the product but are responsible for a project to become succes sful. Maintaining a good relationship with the peers is essential as ignoring them might lead to internal sabotage, personal conflicts and other unwanted problems that will harm the project (Verbeke and Tung 2013). Other most important stakeholders are internal customers. They will decide if the project is a success or not. Recently the customers of Sainsbury Bank, UK could not use their debit cards and credit cards as the bank had problems with their existing legacy banking software system (Trotman 2015). This resulted in a customer outrage in Twitter and other social networking sites hampering the brand image and the reputation of the Bank. Therefore, Kansallis Bank must understand that they will have to make proper changes in their core software to meet the requirements of the customers only (Heagney 2012). If the customers are happy, then a project is a success. Conclusion In this assignment, three stages of software migration processes of Kansallis Bank are discussed. During those three periods, the bank faced some minor and some major issues like problem in time management and cost management. Proper models based on time management and cost management are also discussed in this assignment so that in future Kansallis Bank can use those models to reduce the chances of any problem. 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