Bullwhip Effect In Healthcare Sector

Bullwhip Effect In Healthcare Sector In Supply Chain management, Bullwhip effect has attracted some considerable importance in the FMCG sector in the last 20 years. The phenomenon Bullwhip Effect shows how small changes at the customers end have tremendous impact on the operations back there in the chain. The cause behind this effect is mainly attributed to the increasing demand variability in the supply chain. We consider the number of companies taking part in a single supply chain. Each of the company gets the order from its immediate downstream company to be fulfilled. In Bullwhip effect the orders to the suppliers tend to have a larger variance than sales to the buyer. This demand distortion then gets amplified while propagating upstream. The paper mainly focuses on how the Bullwhip effect the matching of the demand and supply and the main causes leading to this. It also focuses on the PG case study to understand the Bullwhip effect and the steps taken to dampen the bullwhip effect. Further it aims at quantifying the bullwhip effect and reducing its impact on the supply chain. Acknowledgement I am thankful to Mukesh Patel School of Technology Management and Engineering (MPSTME) for giving me this opportunity to understand the Bullwhip Effect and the major causes and the PG case. Furthermore helping us understand the various techniques and procedures for writing a research project. I would also like to express my sincere gratitude to my college mentor Prof. Jinu Kurian for her continuous guidance and support and being available at all times whenever the need may arise. I would also like to thank Prof. Prasad Chakrabarty for his help and support in the project. Table of Contents Introduction The bullwhip effect occurs when the demand order variability in the supply chain is amplified as they moved upstream in a supply chain. Distorted information from single end of a supply chain to the other may lead to tremendous inefficiencies. Companies can effectively deal with the bullwhip effect by thoroughly understanding its underlying causes. Organizational leaders are implementing various innovative strategies that pose new challenges: integrating new information systems defining new organizational inter relationships implementing new incentive and measurement systems. At macroscopic level, Bullwhip Effect generates inefficiencies in production scheduling, sourcing, capacity utilization, distribution and the profit generation. While if we take a look at the operating level it induces additional inventory which is placed inappropriately to maintain the service levels. It also reduces the performance level by decreasing the incoming cash and the potential revenue. It can even dilute any companys competitive strategies. 2 factors have changed the landscape of supply chain management in the last few years significantly. Availability and use of the technology and software applications to allow capture and sharing of information across a supply chain mostly through extranets Increasing indulgence of members of the supply chain in order to move towards to put aside the traditional arms-length relationships amongst each other and in its place move towards closer, partnership-type arrangements. Again, the networks over which these collaborations take place must include the necessary levels of performance, scalability, security and reliability to realise these benefits to their maximum potential. Problem Statement To analyse the Bullwhip Effect in healthcare sector and to find out its causes, consequences and cures. Significance Global competition in the world market today contains many challenges to achieve a degree of predictability in the supply chain and remove the impact of Bullwhip Effect. Researchers have examined the bullwhip effect and some models to reduce it, however a very few research has been done on analysing the Bullwhip Effect in healthcare sector and to find out its causes, consequences and cures quantifying the effect of bullwhip and its Measurement still remains an exigent research path. Research Methods A case-study based approach was employed to conduct the research. Data were gathered primarily through interviews, observations and archival sources. At the hospitals, Interviews were conducted, in person, with doctors, nurses, administrators, and other hospital staff. At the diagnostic laboratory, personal interviews were conducted with the CEO, pathologists and other lab technicians. As far as data gathering is concerned, we decided to employ an informal, minimally structured, non-directive interview approach, enabling to minimize the influence of the assumptions. . Literature Review Fluctuations in demand have a varying graph when we compare from industry to industry. Driven by seasonal demand and business cycles, apparel industry faces major demand adjustments, while the diaper market is subjected to constant demand in the market arena. Due to misjudgement of demands, the big players in the retail market can be subjected to inventory shortages or surpluses. But given the consistency of demand in the diaper market the diaper supply chain should be more efficient and accurate. But it isnt the case. The diaper market even with the reliable demand patterns isnt able to match the demand-production matching. The major cause to this supply chain inefficiency can be subjected to Bullwhip Effect. The term was coined by Procter Gamble who noticed amplification in the information distortion as the information of the order travelled upstream in the supply chain. Bullwhip effect or Whiplash effect can be majorly seen in the forecast driven distribution channels. It indicates a lack of synchronization among the members across the supply chain. Even if there is a small fluctuation in the customer sales, it reflected upstream in an amplified form. Because of this supply patterns does not match the demand patterns resulting in inventory surplus at various stages of the supply chain.C:UsersIndiaDesktopblwhp.jpg As the customer demand would be rarely perfectly stable, businesses should forecast demand in order to match the demands with the production and managing their inventory levels. Some of the major reasons behind bullwhip effect are:- Forecast Errors Overreaction to backlogs Lead time variability No communication and no coordination along the supply chain members Delay in information and material flow Price fluctuations Product promotions Order batching raw material orders from ProcterGamble to its suppliers fluctuated over time. On further noticing it was found that farther down the chain, when sales at retail stores were studied, it was found that the fluctuation which was present, were small. It is reasonable to assume that the consumers of the diapers at the last stage of the supply chain used them at a steady rate. Although consumption at the end product was stable, orders for raw material were highly variable, increasing costs and making it difficult for supply to match demands. Lack of coordination between supply chain members also results if information distortion occurs within the supply chain. Considering the Bullwhip effect PG observed in the diaper supply chain. As a result of the bullwhip effect, orders PG receives from its distributors are much more variable than the demand for the diapers at retailers. The lack of the supply chain coordination between members has an adverse effect on manufacturing cost. It increases the manufacturing cost in the supply chain. PG and its suppliers must satisfy a stream of orders that is even more variable than customer demand. ProcterGamble responded to the increased change by either building excess capacity or by holding excess inventory, both of which increase the manufacturing cost per unit produced. It even increases the replenishment lead time in the supply chain. The increased variability due to bullwhip effect makes scheduling at PG and supplier plants much more difficult as compared to a situation with level demand. There are times when the capacity which is available and inventory cannot supply the orders coming in. This results in higher replenishment lead times in the supply chain from both PG and its suppliers. It even hurts the level of product availability and results in more stock outs in the supply chain. Very high fluctuations in orders make it difficult for PG to supply all distributor and retailer orders on time. This increases the likelihood that retailers will run out of stock, resulting in lost sales for the supply chain. It also leads to an increase in the inventory costs. To handle the increased variability in demand PG has to carry a higher level of inventory than would be required if the supply chain was coordinated. As a result, inventory costs in the supply chain increase. The high levels of inventory also increase the warehousing space required and thus the warehousing cost incurred. It impacts the transportation cost in the supply chain. The transportation requirements over time at PG and its suppliers fluctuate with the orders being filled. As a result of bullwhip effect, transportation requirements fluctuate significantly over time. This raises transportation cost because surplus transportation capacity needs to be maintained to cover high demand periods. It also leads to the increase in labour costs associated with shipping and receiving in the supply chain. Labour requirements for shipping at PG and its suppliers fluctuate with orders. A similar fluctuation occurs for the labour requirements for receiving at distributors and retailers. The various stages have the option of carrying excess labour capacity in response to the fluctuation in orders. Either option increases total labour cost. PG estimated that due to the manual interventions required in their process of ordering, billing and shipment systems, each deal to its customers cost between $35 to $75 to process. Sharing point-of-sale (POS) data across the supply chain can help reduce the bullwhip effect. A primary cause for information distortion is the fact that each level of the supply chain uses orders to forecast the future demand. Given that orders received by different levels vary, forecasts at different levels also vary. If retailers share POS data with other supply chain stages, all supply chain stages can forecast future demand based on customer demand. Sharing of POS data helps reduce information distortion because all stages now respond to the same change in the customer demand. Sharing aggregate Point Of Sale data is sufficient to reduceinformation distortion. PG has convinced many retailers to share demand data. PG in turn shares the data with its suppliers, improving coordination in the supply chain. In a continuous replenishment programs (CRS), the wholesaler or the manufacturer replenishes the inventorey regularly based on Point of sale data. In its simplest form, CRS seeks to allow more accurate production planning of inventories and also matching of supply and demand. Success with continuous replenishment programs is achieved when production planning has become demand-driven on an end-to-end basis throughout the supply chain. . Vendor-managed inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyers consumption location (usually a store). A third-party logistics provider can also be involved to make sure that the buyer has the required level of inventory by adjusting the demand and supply gaps. PG now employs vendor-managed inventory (VMI) in its supply chain, starting with its supplier, 3M, and its customer, Wal-Mart In VMI, packaged-goods behemoth Procter Gamble (PG) initiated a value pricing scheme for sales to retailers. Value pricing was PG label for everyday low pricing (EDLP), a pricing strategy under which retailers are charged a consistent price rather than a high baseline price punctuated by sporadic, deep discounts. PG had many reasons for converting to EDLP. Its sales force had grown to rely on discounting to drive sales and the use of deep discounts had spiralled out of control, cutting into earnings. Background SMS Hospital, operating in Jaipur, is one of the largest government healthcare providers in Rajasthan. It consists of more than 500 beds and offers healthcare services ranging from a 24 hour accident and emergency service, to acute medical and surgical care, operating theatre suites, intensive care, ocus on cardiac and orthopedics areas and head injury and orthopaedic related trauma and community care. The hospital services more than 40,000 patient admissions and an average length of stay of 3.62 days for all patients. There are10 operating rooms (OR) with state of the art equipment, in-patients have hospital wards, acute cases beyond normal post-operative hospital care have rehabilitation unit for recovery and related ancillary services in the hospital facilities. These rooms are being used for major inpatient procedures. On an average of about 27,000 operations are performed in these rooms in a year. Specialty and staffed with suitably qualified nurses and technicians organizes 500+ beds in the hospital. The Operating Room Management Department (ORMD) is the central division, which faces daily challenges of managing and allocating the staff and equipment so that surgeries can be performed in an efficient, cost effective, and safe manner. The equipment that is owned by the hospital may either be dedicated to a theatre or be shared across theatres. The Operating Room staff is comprised of registered nurses, nursing assistants, scrub technicians and unit secretaries and an Operating Room nurse super vises all these. Equipment to be used for Operating Rooms may either be owned by the hospital or be procured from outside on a loan/hire basis. The Operating Room Management Department is responsible for assignment of theatre suitable for the scheduled surgery and ensuring the availability of staff and equipment when needed. Quality and cost of patient care implications are on overstaffed, undermanned, and unbalanced nursing teams. The hospital has adopted a hybrid strategy to meet its nurse requirements in both wards and Operating Rooms. The hospital has employed a group of permanent, full time nurse staff, which is also, complemented by a bank of casual, part time nurses which are available at short notice. Also, the hospital also has made some arrangements with several private agencies, which are known for providing qualified nurses for short periods to hospitals, on a temporary basis. Fifty % of the hospitals requirements) in the terms of nurse requirements are usually been met by permanent staff, thirty% by part time nurses and twenty% from agency staff. The hospital havent employ any specialist/surgeon, but only has a small group of physicians for overall supervision of the wards. Instead, it has arrangement with a large group of consultant surgeons who hold privileges to avail of the hospital facilities for treatment of their patients. The hospital derives its revenues from the fees charged for the use of its facilities ORs, hospital beds and other services from the patients. In most cases hospital charges are borne by patients medical insurance providers and the hospitals revenue is based on negotiated rates with these firms. Value Chain Figure 1 illustrates a schematic description of SMSs service value chain. As shown in the figure, the multi-stage process begins with the patients consultation with his or her primary care physician. Upon receiving a referral from the general practitioner to visit a medical specialist, the patient will then be assessed by a specialist. This stage does not involve the hospital and may consist of several visits to the doctors office and diagnostic laboratories, deals with the assessment of patients condition and treatment options. A determination of the need for surgery results in the addition of the patient to the doctors list of patients requiring surgery/hospitalization. Typically, specialist doctors have privileges at several hospitals in the area, and the choice of hospital for surgery is determined by a number of factors that include cost, patient preference, case complexity, wait involved, facilities and other services provided by the hospital. Following the choice of hospital, the patient is scheduled for surgery by assigning a slot in one of the doctors theatre sessions at the hospital. It is not uncommon for elective surgeries to be scheduled several weeks to a few months in advance. The schedule for each session along with patient and surgery details is expected to be communicated by the doctors office to the hospital well in advance to enable the hospital to make adequate arrangements. The surgeons operating list is not frozen and is dynamic with additions possible at a later stage (in some cases a few hours in advance) and the hospital is expected to be responsive and be able to provide the requisite support of staff, equipment and supplies. Surgery represents the third stage of the value chain and Saint Marys hospital is responsible for providing required support services. These include staffing the theatres with qualified nurses and technicians, and making available all equipment and supplies needed. The hospital is also responsible for pre-operative care of the patient and getting the patient ready for surgery and for post-operative care. Insufficient capacity and delays in these phases can result in blockage and starving of theatre resulting in underutilization of ORs with consequent adverse impact on hospital costs and efficiency. Post-operative care in hospital wards and in subsequent rehabilitation areas, if necessary represent the fourth and fifth stages before the patient is discharged and exits the hospital system. Constraints on bed capacity in wards can lead to fewer surgeries being scheduled resulting in lower theatre utilization. This is in contrast to the rehabilitation services, where capacity shortage may only lead to patients being off-loaded to other facilities owned by competitors, thereby resulting in loss of potential revenue. Planning and Scheduling at SMS Hospital Planning and scheduling at Saint Marys hospital is similar to other hospitals in Australia with annual theatre plans forming the basis for hospitals activities. The theatre plan involves assignment of theatre sessions to consultant surgeons and essentially defines the demand for hospitals services. A half-day slot is considered the basic unit for this purpose and thus each theatre has a capacity of 10 sessions per week, based on a five day week. As described earlier, surgeons expect hospitals to provide complete flexibility in organizing the activities within their sessions and hence assignment of a theatre session to a surgeon commits the hospital for providing the necessary staff and equipment for operation and post-operative care, and hence the hospital workload is a direct consequence of the theatre plan. In practice, theatre planning at Saint Marys begins three to four months in advance, in September/October for the following year. The plan is developed in consultation with the surgeons and varies little from year to year, except for changes to accommodate vacation periods of surgeons and other planned absences. The plan can be characterized as cyclic with effort to evenly spread out sessions assigned to individual surgeons. Further, to the extent feasible, weekly schedules are adopted. For example, a surgeon with 50 sessions would be assigned one session per week, usually in the same time slot every week (say, Monday morning). One feature of session plan at Saint Marys Hospital that merits special mention relates to the practice of concentration of sessions assigned to particular specialty. As a result, we find, sessions corresponding to different specialties peaking on different days of the week. Such practices are not unique to Saint Marys and are quite common at other hospitals i n Australia. The annual session plan forms the basis for nurse and technician staffing in the hospital. The labor cost of nurses and technicians is perhaps the most significant controllable operating cost at Saint Marys and directly impacts the hospitals financial viability. Staffing plan for nurses in the OR theatres is prepared for each calendar month on a monthly basis, two weeks in advance to conform to regulatory requirements. The initial plan is developed on the basis of the session plan. The nurse schedule is revised and frozen only a day in advance, at which time the requirements are assessed based on surgery lists available in the hospital. Besides adjustments for providing the required number of qualified nurses, the final schedule takes into account deviations from the initial plan (for example, absence due to sickness, or inability to schedule the nurse due to excess overtime on the previous day etc.) At this stage there is only very limited flexibility in respect of permanent, full t ime staff and the nurse scheduler relies on part time staff, supplemented by supply from external agency to meet the requirements. As mentioned earlier, current practices at Saint Marys hospital result in 20-25% of nursing needs being met with agency sources. In monetary terms, the proportion is higher due to higher rates paid for the temporary staff. Nurse staffing in wards is similar and schedules are frozen only a day in advance. Observations Our interviews with doctors/surgeons indicated that in a majority of specialties there is no discernable pattern in the demand for elective surgeries. This is in contrast to illnesses such as flu, hay fever that exhibit pronounced seasonality. Thus, daily demand for elective surgery end customer demand can be reasonably be described as fairly uniform with no seasonality (day of the week, month etc.) and low to moderate variability. Figure 2 describes the pattern of admissions (which corresponds to demand) for orthopaedic surgeries at Saint Marys hospital by day of the week. The figure is based on data for one year and excludes the holiday period (mid-December to mid-January) in Australia during which most doctors avoid scheduling elective surgeries. The data in Figure 2 shows mild seasonality by month (admissions range from a low of 332 to a peak of 512 with mean of 470) and high variability by day of the week. Excluding the weekends, the average daily admissions range from a low of 58 on Fridays to a peak of 123 on Wednesdays. The pattern is similar for other specialties, except for the location of the peak. While in Figure 2 the peak occurs on Wednesdays and Thursdays, for other specialties it might occur on other days of the week. Taken in conjunction with our premise that end customer demand is fairly constant, Figure 2 suggests strongly presence of phenomena similar to the bullwhip effect. In the remainder of this section we discuss briefly the impact of this pattern on hospital performance operational and financial. First, increased variability in the number of surgeries performed directly impacts the demand for post-operative services in the wards. Consequently, on peak days, shortage of beds makes the wards the bottleneck, thereby restricting the number of surgeries and reducing the theatre utilization and hospital throughput, which in turn leads to lower revenues and lower operating profits. While the hospital is a not-for-profit organization, operating profits represent one of the key funding sources for financing investments in equipment and facilities, and lower levels or absence of operating profit can severely restrict the hospitals ability to provide state-of-the-art high quality service. Second, the demand for nursing services both in theatres and wards is directly affected by higher variability and results in higher labor costs. With Saint Marys strategy of meeting the nursing demand with a mix of full time, part time and agency staff, higher variability of demand translates to the need for higher levels of flexibility and larger proportion of casual and agency staff. Higher wage rates for these categories increases operating costs and leads to lower profits. Third, SMSs reliance on flexible (part time and agency) staff affects the hospitals operating performance in more subtle, but significant manner. Higher levels of temporary staff leads to frequent changes in the composition of support staff assigned to each theatre, thereby inhibiting development of cohesive support teams. Consultant surgeons in our interviews mentioned this factor repeatedly as the primary cause of inefficiencies in theatre, requiring more operating time and reduction in efficient use of theatre capacity. The role of cohesive support teams in improving OR efficiencies is well known and has been noted in many other hospital environments. In the absence of such a support team, the surgery list scheduled for each session tends to be shorter (thus reducing hospital revenues). Alternately, with normal list the theatre time will be higher than planned, resulting in overtime and increasing operating costs. In either case, this practice adversely affects hospitals profits. Furthermore, this factor influences the doctors choice of hospital, prompting use of Saint Marys for more complex cases requiring its facilities. For simpler cases, the doctors tend to choose other hospitals with more efficiently organized OR theatres, perhaps with more limited range of services. As the more complex cases typically involve higher costs, this behavior has an adverse impact on Saint Marys finances. Under the Australian system the fees payable (to the hospital and doctor) are based on predetermined rates for each class and do not depend on the case complexity within each class. To summarize, increased variability in the demand for elective surgeries at Saint Marys hospital results in lower efficiencies, higher operating costs and lower revenues leading to lower profits. Thus, the presence of bullwhip effect leads to degradation of performance as in the case of manufactured goods reported in the literature. While this is intuitive and not surprising, it is interesting to note the dynamics are different from those observed in manufacturing higher levels of inventories and shortages. Macintosh HD:Users:vasvigakkhar:Desktop:Screen Shot 2012-12-29 at 2.09.56 AM.png Macintosh HD:Users:vasvigakkhar:Desktop:Screen Shot 2012-12-29 at 2.13.36 AM.png Methods for coping with the Bullwhip Effect The preceding section highlighted the different causes of the bullwhip effect in the healthcare sector and identified strategies to mitigate the detrimental impact of the effect. We briefly summarize the strategies (see Table for a summary): (i) Reducing uncertainty In order to minimize or eliminate bullwhip effect, it is important to reduce uncertainty throughout the service value chain. If information about customer can be centrally managed and if each stage of the service value chain can be provided with latest information in a timely manner, it will help eliminate duplication of effort at different stages and also ensure data consistency across all groups that require that data. It is also critical that dynamic updating of information is performed which will greatly help reduce uncertainty. (ii) Reducing variability There is inherent variability in the customer demand process and any effort that can be taken to minimize this variability will help reduce the overall bullwhip effect. Also, localized practices that lead to increased variability in demand at any of the stages should be eliminated with better coordination. Use of good forecasting methods will also assist the reduction of variability. (iii) Developing strategic partnerships The bullwhip effect can be minimized by developing key strategic partnerships with different links in the service value chain. For example, in case of hospitals, the hospital administration has to forge strategic alliances with medical specialists. These partnerships will change the way in which the information is shared and will help foster better coordination between the two parties. Although this may not fully eliminate bullwhip effect, it will go a long way in reducing the effect. (iv) Realignment of incentives One prime reason for the lack of coordination and meaningful information sharing is that the different entities are evaluated on the basis of different criteria and receive rewards for different activities. The evaluation and reward system should be modified to stress cooperation across stages and so that the planning is performed on system-level objectives and not on division/local level objectives. (v) Improving coordination across stages of service value chain To reduce the bullwhip effect, it is also important to ensure coordination across stages that are facilitated and improved. Summary and Future Research In this paper we have identified and described a phenomenon in healthcare industry that is similar to the bullwhip effect observed in the manufacturing sector which results in amplification of demand variability upstream in the service chain. Not surprisingly, this distortion likewise leads to performance degradation. However, the similarity with the manufacturing sector does not extend much further since the causes and the impact are somewhat different. For example, while bullwhip effect in manufactured goods results in higher levels of inventory and shortages, in hospitals it leads to lower levels of throughput, higher operating costs and longer patient waits. Hence, initiatives and strategies for minimizing the bullwhip effect and its impact require a different approach that addresses directly the root causes. Our study also indicates that the potential for performance improvements is quite significant. While our study focused on hospitals and other allied institutions in the health sector, we conjecture that a similar phenomenon may be present in other service industries. For example, billing practices in consumer utilities (electricity, gas etc) and credit card services with monthly cycles leads to variable unbalanced loads in certain segments. Similarly, scheduling practices in auto repair industry result in some variability amplification. Together this suggests that a more detailed study of the bullwhip phenomenon in services is warranted and may lead to order-of-magnitude performance improvements similar to those realized during the past two decades in the manufactured goods industries.

Cognitive Consequences of Pediatric Sports-Related Concussions Essay

Results: The results of this research review provide the most current information in regards to pediatric concussion and neurological and cognitive consequences. These results support the working hypothesis that the cognitive consequences of pediatric sports-related concussions do not outweigh the benefits associated with childhood sports participation. In a cohort study (total n=200), investigators looked at return to cognitive baseline after concussion in younger versus older athletes. Participants were divided into two groups, a 13-16 year old group (n=100), and 18-22 year old group (n = 100). Each participant completed baseline and post concussion neurocognitive testing using the immediate Post-Concussion assessment and Cognitive Testing (ImPACT) test battery. Results showed that athletes 13-16 years old take longer to return to neurocognitive and symptom baselines than athletes 18-22 years old (22). In a prospective design study, 18 children with mTBI and 18 matched healthy controls (8-16 years of age) were used to compare sensitivity to simple and complex visual stimuli and to determine the evolution of visuo-perceptual performance over time. At 1, 4 and 12 weeks sensitivity to static and dynamic forms of simple (first order), complex (second order), orientation and direction identification thresholds, and radial optic flow stimuli were assessed. The results of this study demonstrate that all complex stimuli were significantly affected for the mTBI children, including at the 12 week interval. There was also no difference between groups across all testing conditions for simple, first order information (2). An observational study from 2008 looked at high school athletes and recovery patterns after concussion. Out o... ...lity following traumatic brain injury in childhood: impact of injury severity and age at injury. Pediatr Neurosurg.2000;32 :282– 290. http://search.proquest.com.proxy.lib.umich.edu/docview/224152197?accountid=14667 29. McCrory, P, AM Collie, V Anderson, and G Davis. "Can We Manage Sport Related Concussion in Children the Same as in Adults?." British Journal of Sports Medicine. 38.5 (2004): 516-519. doi: 10.1136/bjsm.2004.014811 30. McCrory P, Meeuwisse W, Aubry M, et al. Consensus statement on concussion in sport - the third international conference on concussion in sport held in Zurich, November 2012. Phys Sportsmed. 2013; 47:250–258 . doi:10.1136/bjsports-2013-092313 31. Purcell, Lisa. "What are the most appropriate return-to-play guidelines for concussed child athletes?" British Journal of Sports Medicine. 43.1 (2009): i51-i55. doi:10.1136/bjsm.2009.058214

Arguments of the Afterlife Essay

Throughout all recorded history mankind has battled to find answers to each and every one of life’s questions and to some avail found quite a few; still, one question that has yet to be answered pertains to the possibility of life after death. Some argue that the idea of survival of consciousness without a body is extremely impractical and out of the question; however, when relying on only practical evidence alone it is hard to formulate a concrete theory. On the other hand, when we look at things such as cross-cultural studies on near death experiences and their underlying similarities we can utilize them as clues to suggest the possibility of an afterlife. Using both logic and intuition we should be able to gain some insight on the matter. A near death experience (NDE) is a term that was originated by Dr. Raymond A. Moody in his bestseller Life After Life, a book that has revolutionized the way many people see death (Morris, 1; C.  Tan 1). According to Moody NDEs are visions of the afterlife that must happen to an individual under the conditions of one of the three following circumstances: being pronounced clinically dead; are close to death due to traumatic injury; or descriptions of visions seen by a dying person and later described by someone who is present (12). These visions are similar to fingerprints in the fact that no two are exactly the same (Moody, 17). However, there are many common characteristics such as: feelings of quiet and peace; strange noises that have been sometimes described as â€Å"disturbing† or even â€Å"peaceful†; beautiful being(s) of light that are often religious figures, but not always; dark winding tunnels that are usually cylindrical; intense flashbacks that play back the person’s entire life in order to â€Å"provoke reflection†; being greeted by family members or friends who have passed on before; and borderlines that could be any sort of border imaginable (Moody, 21-55). Although the term â€Å"NDE† is fairly new the experiences that define it are not. Since the beginning of civilization every culture has mentioned some form of an afterlife idea based on various religions and areas in which they are centered around; thus, we can compare anthropological and psychological observations from reliable sources- every civilization (C. Tan, 1). The earliest clues to NDEs can be found in ancient texts such as: The Egyptian and Tibetan Books of the Dead, which both describe the transition of life to death and what they might see; and even Plato acknowledges these experiences in Book X of the Republic which tells a short story of a soldier who was killed in battle along with several other soldiers, they all traveled through a tunnel together to be judged by a light; however, he was sent back by the light to tell everyone what he had experienced. Still another important clue is that NDEs are not limited to any certain religious group, gender or age. Muslims, Jews, Christians, Buddhists, males, females, adults and children have told their NDE accounts (C. Tan, 2; â€Å"Historical Tradition† sec. 2-3; Moody, 86; Williams, sec. 3). Skeptics may argue that the concept of an afterlife is unrealistic and brush these findings to the side by labeling them under hallucinations and psychological factors. Not only does the brain release certain chemicals such as DMT as a physical response to death, but also culture plays a strong roll in what a person might describe to have seen during an NDE (Neimark, sec. 1). For example, both a Christian and a Muslim encounter the same â€Å"being of light† during an NDE, while the Christian believes they have encountered Jesus Christ the Muslim believes that they have encountered Allah; simply in accordance to their religious beliefs. It is true that the brain releases DMT during its time of death and certain aspects of NDEs do vary from culture to culture due to psychological factors; nevertheless, this does not disprove the evidence supporting the idea of an afterlife (Williams, sec. 1-2). Meanwhile, when we study cases of NDEs such as Harvard neurosurgeon and former skeptic, Dr. Eben Alexander III; consequently, whose personal encounter with such an experience changed his whole view on this topic (â€Å"Heaven Exists, Says US Neurosurgeon Eben Alexander after Waking from Coma†, 1-2). In his book, Proof of Heaven: A Neurosurgeons Journey into the Afterlife, Alexander descriptively illustrates his personal NDE through a logical and intuitive point of view. He was admitted to the hospital on November 10th 2008 when he was discovered to have bacterial meningitis; moreover tests taken indicated gram-negative meningitis, which has a high mortality rate. Dr. Alexander was reported to fall in to a coma for 6 days and his mortality rate rose up to 97 percent, until the 7th day when he miraculously awoke. According to Scott Wade, M. D. who treated Dr. Alexander, â€Å"The fact that he went on to have a full recovery from this illness after being in a coma for nearly a week is truly remarkable. † (Wade, 184). Yet Dr. Alexander’s quick recovery from an almost fatal coma was not the only aspect that should be noted as â€Å"truly remarkable† (Wade 184). Not only did he experience some of the more commonly reported events in NDEs, such as: noises, beings of light and even an encounter with a family member who had passed some years before (Alexander, 38-79). But, Alexander also underwent some unconventional events in his NDE, that have never been reported in previous times, including: that during this NDE he had no knowledge of who he was before, what he was or even where he was; the family member that lead him through his afterlife experiences turned out to be his biological sister who he had never seen until after his NDE when a photo of her was sent to him by another biological sibling; and during this coma his neocortex which is the part of the brain that hallucinogens such as DMT affect was shut down (Alexander, 29-171). In fact, Alexander was in such a heave state of coma that there would have been no possible way of the vivid recollections of his NDE, because his cortex was not even functioning (Alexander, 140-186). Similar to having reoccurring characteristics in NDEs, the most universal reported event NDEs is that that everyone who has been â€Å"sent back† claims to have been â€Å"told† that the reason we are all here to learn how to love. They display a more spiritual lifestyle and usually have a set notion of certain beliefs pertaining to the afterlife, which cannot be budged (Alexander, 72-79; C. Tan 1-2; Neimark 3; Williams sec. 5). As Moody puts it â€Å"Still, the experience affects his life profoundly, especially his views about death and its relationship to life. † (C. Tan, 1). A number of these people even assert that â€Å"†¦we are not using the word ‘death’†¦ after you have the experience that I had, you know in your heart that there is no such thing as death. † (Moody, 73). Although we live in a world where scientific backing must play a roll in our research to conclude theories, we must also note that we are not scientifically advanced enough to rule out all that is considered to be an illogical argument. Likewise, until we are completely able to balance logic with intuition we will never be fully capable of finding answers to all of our questions. NDEs cannot be disproved until all holes in the logical argument are filled; moreover, NDEs show more supporting or at least unexplainable evidence than they do contracting evidence that could quite possibly answer some of questions if better researched.

Massive Turning Point for America was the Progressive Era

The Progressive era was a massive turning point in America’s history. The suffrage movement, Scopes Monkey Trial, and prohibition all had a large impact on America. Each event had a unique effect on the future and we still see the effects of these events today. Even though the woman suffrage movement began around 1848 it really didn’t gain footing until the 20th century. In the 20th century organizations like the National American Woman Suffrage association and the National Woman’s party lobbied President Woodrow Wilson to pass a constitutional amendment for woman’s rights. These efforts proved to be successful when in 1920 the 19th amendment which guaranteed women the right to vote. This was one of the largest achievements of the progressive era because it was accomplished peacefully. On March 21st, 1925 the governor of Tennessee signed the Butler Bill which banned the teaching of evolution in public schools. The bill was introduced as America was p ushing for a return to fundamentalism due to the actions of many citizens. In an attempt to bring publicity to the town of Dayton, Tennessee people in the town asked John Thomas Scopes to cover evolution in his class so he can be indicted and bring the case to national attention. Scopes’ defense attorney was a man named Clarence Darrow; he was a very popular defense attorney and public speaker. Darrow delivered a powerful speech in which he tried to prove the Butler Bill unconstitutional due to the fact that itShow MoreRelatedDwight D. Eisenhower and Civil Rights Act Essay995 Words   |  4 PagesGI Bill Coal Strike – 1946 Fair Deal Labor Management Relations Act – 1947 Progressive Party Thomas Dewey Korean War Gen. Douglas Mac Arthur HUAC The Hollywood 10 Alger Hiss Whittaker Chambers Richard Nixon J. Edgar Hoover Klaus Fuchs Julius and Ethel Rosenberg Joseph McCarthy Red Scare Adlai Stevenson Dwight D. Eisenhower Sputnik NASA National Defense Education Act John Foster Dulles â€Å"Massive Retaliation† â€Å"Brinkmanship† Shah of Iran Gammel Abdel Nasser Suez Crisis FidelRead MoreThe Progressive Era1825 Words   |  8 PagesThe Progressive Era cannot be characterized by one single event or person, but it certainly experienced multiple events and people who swam with high velocity in the sea of reformation. People such as Jane Addams, Teddy Roosevelt, and W.E.B DuBois led the progressive movement with their outspoken ideas and impact on the era. Events and works such as The Jungle by Upton Sinclair, Muller vs Oregon, and the Clayton Antitrust Act stand out as important and pivotal to the era. Between 1900 and 1920, manyRead MoreThe American Cities During The Colonial Era2048 Words   |  9 Pagesamounts of people came from all over the world to the American cities during the colonial era. One of the main reasons why people migrated was because they were seeking religious freedom and better economic opportunity. In the American cities, there were more resources available to the people such as information that could be easily accessed, better pay ing jobs, high quality food supply, and transportation was provided and sometimes since the factories were located within the cities you didn’t requireRead MoreAnalysis : The A Tick Tock 1730 Words   |  7 Pagesforever been at odds with the concept of time. In fact, we as a people have insentiently invoked its essence to our young, our elderly, and ourselves for ages. Ironically, time is the lone overarching ideal that perpetuates existence into a desolate point of immortality. In other words, it causes humanity to feel invincible, when in actuality; each tick brings us one moment closer to mortality. As legend has it, twin sons of Mars (the god of war) founded Rome. Romulus and Remus, the sons, were abandonedRead MoreWilliam Randolph Hearst And The French Revolution1743 Words   |  7 PagesSince Progressive era was the reformation period, many political and economic changes occurred in California. To know these reformation movements and other changes, the newspapers played an important role for the people in that period of time. Then, the more successful in newspaper, the more competitions occurred in journalists and publishers. There were many well-known newspaper tycoons such as Joseph Pulitzer and Ida Tarbell. Among them, William Randolph Hearst was the most successful person inRead MoreOutsourcing, Or The Movement Of Internal Jobs1810 Words   |  8 Pagesdiscovered on September 19, 1977 when â€Å"the city lost 50,000 jobs and $1.3 billion in manufacturing wages† after work was outsourced to the conglomerate of Ling-Temco-Vought (Thompson 51). The effects of this o utsourcing crisis were clearly seen by Derek Thompson, a senior editor at the Atlantic, who nearly 38 years after the fact, investigated a world without work within Youngstown. What he found was a town teeming with unrest, widespread depression, corruption, and a drain of economic possibilities. In contrastRead MoreSony Tries to Battle Its Way Back Up After a Huge Downfall Essays3069 Words   |  13 Pagesdecrease continued till record 16.75$ billion in 2001. Shareholders worried as the stock price was falling down even though top management made some structural changes: assets were sold, work force was reduced by 17,000. Sony had the only choice to do some reformations in structure, strategy and innovative products because it was losing the war to its competitors in the market. Therefore, â€Å"Transformation 60† was launched as a restructuring plan for further 3 years. However, issues were bigger than SonyRead MorePre-Columbian Period9302 Words   |  38 Pagesarrived in Alaska by crossing the Bering land bridge, at least 14,000 30,000 years ago.[10] Some of these groups migrated south and east, and over time spread throughout the Americas. These were the ancestors to modern Native Americans in the United States and Alaskan Native peoples, as well as all indigenous peoples of the Americas. Many indigenous peoples were semi-nomadic tribes of hunter-gatherers; others were sedentary and agricultural civilizations. Many formed new tribes or confederations inRead MoreFACTORS RESPONSIBLE FOR RISE AND GROWTH OF NATIONALITY IN NIGERIA.3593 Words   |  15 Pages  Ã‚   Nevertheless, nationalism started early, instigated by the need to respond to conquest and new policies. The radical phase came during and after the Second World War, subsequently leading to independence. Although the ultimate goal of nationalism was to secure the country’s independence, it had other interrelated dimensions: the â€Å"new Nigeria† would be governed by Westernized elite, working, through the agency of political parties and Western political ideas, to create a united and developed countryRead MoreVietnam in the Beginning: Literature Review2389 Words   |  10 Pages Vietnam was a poor country and very passive except in the north where a leader known as Ho Chi Mihn converted and ta ught his people about communism. So upon seeing this action the United States intervened to keep the South Vietnamese from the persecution from the North Vietnamese, and to keep them from communism. Was this the right answer yes or no! Dolan, Edward. MIA: Missing in Action. Franklin Watts.New York 1989. Peace talks filled the room in Paris, France. The United States and the

Simple French Verb Conjugations for Louer (to Rent)

The French verb  louer  means to rent. When you need to say rented, renting, or will rent a conjugation is required. French students will be delighted to know that this ones pretty easy because it follows the most common verb conjugation pattern found in the language. Conjugations of the French Verb  Louer Louer is a regular -er verb and the endings required in the conjugations follow the pattern of similar words. If you know how to conjugate inviter (to invite), fumer (to smoke), or any other verbs that end in -er, then this will be an easy lesson. The trick to French verb conjugations is that the ending changes with the subject pronoun as well as the past, future, or present tense. First, you must identify the verb stem and in this case, that is  lou-.   With that information, follow the table to discover the appropriate endings for each form of  louer. For example, I am renting is je loue and we will rent is nous louerons. Practicing these in context using simple sentences will make them easier to memorize. Subject Present Future Imperfect je loue louerai louais tu loues loueras louais il loue louera louait nous louons louerons louions vous louez louerez louiez ils louent loueront louaient The Present Participle of  Louer The present participle of louer  is louant. This was formed by simply adding -ant  to the verb stem. Beyond its use as a verb, it can also become an adjective, gerund, or noun when needed. The Passà © Composà © and Past Participle The  passà © composà ©Ã‚  is a common way to express the past tense in French. Its very easy and requires the use of the  past participle  louà ©. In order to complete the construction, conjugate the auxiliary verb  avoir  to fit the subject pronoun. For instance, I rented becomes jai louà © while we rented is nous avons louà ©. Notice how ai  and avons are conjugates of avoir, yet the past participle does not change. More Simple Louer  Conjugations to Learn Those are the most important conjugations of  louer  that you should know. Once you learn those, consider studying these other simple forms. The subjunctive verb mood is used when the action of renting is uncertain. Similarly, the conditional verb mood implies that the renting will only happen if something else does. In formal French writing, you will likely come across the passà © simple and imperfect subjunctive as these are literary verb forms. Subject Subjunctive Conditional Pass Simple Imperfect Subjunctive je loue louerais louai louasse tu loues louerais louas louasses il loue louerait loua lout nous louions louerions loumes louassions vous louiez loueriez loutes louassiez ils louent loueraient lourent louassent The imperative verb form is used in short demands and exclamations. When using it, skip the subject pronoun: use loue instead of tu loue. Imperative (tu) loue (nous) louons (vous) louez

Us Population Essay example - 1104 Words

Characteristics of the U.S. population in 2025 The United States is the third most populated country in the world. This country holds about 4.5% of the world’s population. The U.S. population is currently estimated to have 308.7 million persons. This number is more than double of the population from 1950. Besides the fact of the population has doubled its size, the population has also become qualitatively different from the one from 1950. As noted by the Population Reference Bureau, â€Å"The U.S. is getting bigger, older, and more diverse.† The growth of the population is the result of the trends over time in the relationship of increased births, decreased deaths, and increased net immigration.†¦show more content†¦Population, by Age Group: 1950-2050 Besides the total size of the population, one of the most significant demographic characteristics of a population is the age and sex structure. The immigration has had a major influence on both the size and the age structure of the U.S. population. The U.S. population has experienced remarkable growth since 1950. The number of women slightly outnumbered the men. U.S. Population, by Sex, 1950-2050, in Millions In general, countries experiencing high fertility and rapid population growth, have a â€Å"young† population structure and the important policy considerations are if there are enough schools and, sufficient jobs and housing to accommodate this population. Countries with â€Å"old† population structures face the problems of structuring and developing retirement and health systems to serve this older population and also they have a considerable reduction the number of the working force. The decline of the work force is one of the most dramatic economic tendencies of the past four decades in the United States. The individual’s decision of whether to stay in the workforce or to retire is based on the collaboration of a number of factors including the following: eligibility for Social Security benefits, availability of and benefits under an employer-financed pension plan, workShow MoreRelatedThe Population Of The Us1721 Words   |  7 PagesLiterature Review Analysis of the population of the US brings forward that it constitutes twenty-five percent of the total population who are under the benchmark of eighteen years and are classified as juveniles. This group of individuals has enlarged over the last three decades and is expected to exhibit an increasing pattern for another decade too. Demographic experts assert that juveniles can be divided into further sub-groups and with an increase in their overall population, number of children and youthRead MoreVulnerable Populations: The Uninsured in the US2052 Words   |  8 PagesVulnerable Populations The Uninsured in the U.S.: Vulnerable populations is a term that creates an image of distinct and narrow-minded minority though the vulnerability of every individual to illness, disease, and injury has made health insurance necessary and probable for a huge portion of the American population. Vulnerable populations in the United States includes parents and children of immigrants, race/ethnic minorities, the disabled poor, the elderly, foster children, families ineligibleRead MoreGlobal Low-Cost Airline Market To 2018802 Words   |  4 PagesIATA expects the profit of airlines in North America to increase from US$7.0 billion in 2013 to US$9.2 billion in 2014. Boeing’s Current Market Outlook 2014 report stated that North America holds a 27% share and Latin America held a 33% share of the total seat capacity of LCCs in 2013. One of the key reasons for high growth rate of LCCs in the Asia-Pacific region is the emergence of a rapidly expanding middle-class population and greater levels of disposable income. Another factor is the establishmentRead MoreOver Population in the Prison System Costs Billions, and That Affect Us All!1299 Words   |  6 Pages Over population in the prison system costs billions, and that affect us all! Tjy Helms Composition 1 ENG1001 BH Week 5 Professor Henry 05/6/2011 I say why should we the people pay to house, feed, and provide medical care for people who have never had a history of violent behavior? The issue becomes compounded when we cram thousands of people into a space designed for hundreds. Look at the number of people who are doing hard time, for non-violent crimes. These are the people who are costingRead MoreSouthwest Airlines /Competition Paper Introduction: Air transport is a global industry and as such1500 Words   |  6 Pagesa few new programs must be set up. For instance, customer-ranking action must be grown. The steps mentioned earlier must be carefully thought about and applied to various aspects of current businesses also. US Airways Group, Inc. owns a group of air carrier and airline service subsidiaries. US Airways is an air carrier engaged in transporting passengers, property and mail. It also owns Alleghany Airlines, Piedmont Airlines, PSA Airlines, MidAtlantic Airways, USAirways Leasing and Sales, MSC and AALRead MoreMi litary Use Commercial Airlines For Leisure Travel1351 Words   |  6 Pagesairfare prices are continually rising, a huge financial burden is placed on international students or college students seeking air transportation. One of the key areas United Airlines needs to focus on is making air travel affordable to the younger population or millennials. The average international ticket is over $1,000 and the average United States domestic ticket is over $400 (McCartney, 2014). That is an extremely expensive service for a 20-year-old person paying tuition for college. PositioningRead MoreAirline Sustainable Competitive Advantage1439 Words   |  6 Pagesprogrammes/Alliances †¢ Short term influence on customer behaviour †¢ Airline hub model †¢ Fuel costs †¢ Technology enhancements †¢ Safety record †¢ Cooperate culture in relation to wages, loyalty and productivity †¢ Load factors †¢ Expansion with class of population When an airline does not have a sustainable competitive advantage, it does not have any properties of differences from there competitor and turns to a dangerous price war. The sustainable competitive advantage (changes) needs to be representativeRead MoreUs Airline Industry Analysis1507 Words   |  7 Pagesglobal PLF was 79.1% which is a result of a continued steady improvement in efficiency for the past five years (2008 = 75.0%)2. The industry has grown steadily in RPK at a CAGR of 4.7% over the past 20 years6 and 5.1% over the past five years9. As population, air travel per capita and globalization continues, the industry is forecasted to double in RPK over the next 15 years 6,8. Total revenue growth for the past 10 years has been steady at 7.6%, outpacing general GDP, while net profits are highlyRead MoreThe Business Philosophy And Labor1321 Words   |  6 Pagesuser, a seat mile in case of a commercial airline. American Airlines has been around since 1930 and its growth mo del has largely been to combine with smaller airlines from the start. The airline has a total of 9 hubs, all situated in cities across the US. Effects of the Economy American Airlines, the world’s major airline by traffic, reported a sharp jump in its earnings in 2015, making it the best year in the history of the airline. The airline observed a notableRead MoreUnited Airlines949 Words   |  4 Pages and United was one of them. In a Hail-Mary attempt to cut costs and avoid additional losses, United cut 950 pilot jobs, and over 1600 salaried positions. This move only added to the discontent felt for United within the airline labor and union population. Although considered to be part of the overall overhead costs by some in management, the departure of these employees also took several intangible resources (Hitt, Ireland Hoskissin, 2011). Countless dollars have been spent training these employees

Project Scope Statement Management Phases

Question: Discuss about the Project Scope Statement for Management Phases. Answer: Project Description The project aims at the re-design and renovation of the three bedroom house. The house is currently in a bad shape and there are a number of tasks which will be included in the project activities associated with flooring, cleaning, repairing and painting of the house. The surroundings will also be assessed to determine the necessary modifications that can be done to convert the house in the living entity. Project Goal The goal of the project is to convert the three bedroom house in an excellent living entity. Project Objectives To re-design the three bedroom house in terms of flooring and painting. To complete the cleaning and repair work necessary in the three bedroom house To modify the surroundings of the house in terms of parking space and the open area included in the house. Project Scope Project Scope includes all those activities that will be covered during the project timeline (Scope Management, 2016). In Scope The project will cover the construction design that will be followed to re-design the three bedroom house. An environment study will also be carried out to determine the surroundings and the area of the three bedroom house. Risk assessment will also be done to determine all the activities that can go wrong in the project timeline. Quality checks will also be done to make sure that the project activities take place as per the requirements that have been provided. Out of Scope All the dealings and negotiations with the third parties will not be covered during the project. Any cancellations from the end of the suppliers and third party vendors will not be covered during the project timeline by the project team. Project Deliverables Project plan including the budget and schedule Risk Management Plan Quality Reports Project Closure Report Project Stakeholders Owner Roles and Requirements in the project Project Sponsor Meetings with the project manager to provide all the requirement specifications Funding of the project Project Manager Creation and submission of the project plan Review of all the project activities Assignment of roles and responsibilities Chief Financial Officer Project budgeting Project Leader Assessment of the construction site and management and control of all the activities at the site Chief Contractor Site preparation, parking, fencing Chief Architect Council Approval Site Inspection Cleaning Team Cleaning of the three bedroom house and the surroundings for parking and garden area Painting Team Painting of all the rooms and outside space Repair Team Fittings Repair work required in the project Flooring activities Project Life Cycle Activities and Phases There are a number of phases that will be followed in the life cycle of the project: Initiation and Planning Phase A feasibility study will be conducted to assess whether the project can be completed with success or not. A project charter document will also be created in this phase. The planning will include the project plan to determine the project budget and project schedule (Itbusinessedge, 2016). Analysis Phase The construction site will be examined to understand the specific requirements of the bedroom house and the surrounding areas. The requirement specifications will also be analyzed for determining the cleaning, flooring, fencing, painting and repairing requirements (Pathak, 2016). Execution Phase The actual execution will be done for the repair and re-design of the bedroom house. Cleaning and flooring activities will be performed followed by fittings and repair. Painting and fencing will be done thereafter. Testing Phase Quality checks will be done by the quality officer to test the progress of the project and the adherence to the requirements set provided by the sponsor. Closure Phase The phase will include the closure and completion of the project by performing final checks and providing the project closure report. Risk Management Plan Risk is an event that marks all that can go wrong during project timelines. These are the occurrences that are potential and probable to the project and will result in negative impact (Risk Management, 2016). Risk Management Strategy Risk Identification: This is the phase in which the risks will be identified on the basis of the various factors such as location of the three bedroom house, resources involved, budget allocated and many more. Risk Analysis: The risks that have been identified will be analyzed in this phase to determine the likelihood and impact of the risks. Risk Evaluation: The risks will then be evaluated to decide whether that can be accepted or are non-acceptable in nature. Risk Treatment: The actual treatment of the risks will be done to decide whether the same shall be avoided, mitigated, transferred or shared (Heinz-Peter Berg, 2016). Risk Register Risk Responsibility Potential Causes Potential Responses Severity Scope Creep Project Leader and Project Manager Changes in the customer expectations Project Requirements Specification and Project Plan Critical Schedule Overrun Project Manager and Project Leader A lot of re-work and mismanagement in the schedule Schedule checks along with the internal and external team meetings Critical Non-adherence to the customers requirement Project Manager A lot of re-work and mismanagement in the schedule Schedule checks along with the internal and external team meetings High Budget Overrun Chief Financial Officer, Project Manager A lot of re-work and mismanagement in the schedule Progress checks along with the internal and external team meetings Critical Environmental Risks Project Manager and the teams Climatic conditions and sudden inflations in the same Assessment of the environmental conditions well in advance and also record the same on the daily basis High Value of Project Charter Project Charter is an important document that is created in the project initiation phase that includes the essence of the project along with the key stakeholders and team. It is a formal document that authorizes the Project Manager to go ahead with the project activities. It is submitted to the Project Sponsor by the Project Manager and the same authorizes this document. There are also a number of other sections that are included in the project charter document such as reasons for undertaking the project, objectives of the project, constraints that are associated with the project, high level project requirements and the scope of the project. Budget summery, schedule summary and risk estimation is also included in the project charter document. This document provides highlight of the project and all of its activities. References Archibald, R. (2016). The Six-Phase Comprehensive Project Life Cycle Model Including the Project Incubation/Feasibility Phase and the Post-Project Evaluation Phase. Retrieved 27 August 2016, from https://www.iil.com/downloads/Archibald_Di_Filippo_ComprehensivePLCModel_FINAL.pdf Heinz-Peter Berg,. (2016). RISK MANAGEMENT: PROCEDURES, METHODS AND EXPERIENCES. Retrieved 27 August 2016, from https://ww.gnedenko-forum.org/Journal/2010/022010/RTA_2_2010-09.pdf Itbusinessedge,. (2016). PMBOK's Five-Phase Project Lifecyle: An Overview - Slide 2 | ITBusinessEdge.com. Itbusinessedge.com. Retrieved 27 August 2016, from https://www.itbusinessedge.com/slideshows/show.aspx?c=78357slide=2 Pathak, R. (2016). Top 5 Project Mqnagement Phases. Project-management.com. Retrieved 27 August 2016, from https://project-management.com/top-5-project-management-phases/ Risk Management,. (2016). Risk Management Plan. Retrieved 27 August 2016, from https://www.phe.gov/about/amcg/contracts/Documents/risk-management.pdf Scope Management,. (2016). Scope Management. Retrieved 27 August 2016, from https://cdn.ttgtmedia.com/searchSoftwareQuality/downloads/Software_Project_Manager_Agility_CH05.pdf