Four (4) Steps for Completing a Feasibility Study A Feasibility Study may need to be completed for your project. The best time to complete it is when you have identified a range of different alternative solutions and you need to know which solution is the most feasible to implement. Here's how to do it. Step 1: Research the Business Drivers In most cases, your project is being driven by a problem in the business. These problems are called "business drivers" and you need to have a clear understanding of what they are, as part of your Feasibility Study. For instance, the business driver might be that an IT system is outdated and is causing customer complaints, or that two businesses need to merge because of an acquisition. Find out why the business driver is important to the business, and why it's critical that the project delivers a solution to it within a specified timeframe. Step 2: Confirm the Alternative Solutions Now you have a clear understanding of ...
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1 st First, do no harm. Borrowing from the Hippocratic oath that many doctors take as they graduate from medical school, the Enlightened Millionaire commits to avoid any wealth-building activities that harm or impoverish other people. Create only abundance, never scarcity. This m eans creating wealth in an ethical, honest, and win/win manner. 2 nd Second, do much good. The Enlightened Millionaire enjoys creating wealth that improves the lives of many people. The goal is to enrich oneself while enriching others. 3 rd Third, operate out of stewardship. Enlightened Millionaires are stewards over their financial blessings—enjoying the privileges of financial success while creating an ongoing legacy to bless others. Many Enlightened Millionaires feel a personal “calling” to provide support to one or more specific causes (such as Jerry Lewis and muscular dystrophy). The goal is not to amass personal wealth for its own sake, but to ultimately create a perpetual giving fund to suppor...
1 STRUCTURAL INTEGRITY AND LIFE EXTENSION OF OFFSHORE STRUCTURES BY ULTRASONIC PEENING , Luis Lopez Martinez, LETS Global BV, Netherlands 2 ANALYSIS OF FPSO FLOATING PLATFORM BEAM STRUCTURE THROUGH SHELL AND BEAM CONCEPT MODELING TECHNIQUE , Rakesh Patil, Larsen and toubro technology services, India 3 HYDRODYNAMIC AND MECHANICAL MODELLING OF DYNAMIC SUBMARINE POWER CABLES FOR FLOATING OFFSHORE RENEWABLE ENERGY APPLICATIONS , M Marta, S Mueller-Schuetze, Norddeutsche Seekabelwerke GmbH (NSW), Germany, PR Thies, L Johanning, University of Exeter, UK 4 MOORING DESIGN OPTIONS FOR HIGH-INTENSITY TYPHOON CONDITIONS A RISK BASED INVESTIGATION FOR WAVE ENERGY IN CHINA , PR Thies, S. Crowley, L Johanning, University of Exeter, UK, Haijun Ye, Tang Danling, South China Sea Institute of Oceanology (SCSIO), China, Lin Cui, National Ocean Technology Centre (NOTC) 5 AN INVESTIGATION OF THE EFFECT OF INTERNAL FLUID DYNAMICS ON THE FATIGUE ON AN FPSO , Torgeir Vada, Product Manager Floating ...
POWER ESTIMATES An estimate of power requirements forms one of the most important and critical steps in preliminary design. The power derived has a direct and significant effect on the deadweight which can be carried by a given ship. It is therefore important to keep engine weight and volume as low as possible. However, power is also a controlling factor on ship’s speed and severe penalties can be incurred for not achieving this speed. Thus the designer requires a margin of safety in power estimates. An estimate of power is one of the most complex factors and it is related to a large number of design parameters. An additional complexity in the design is the final choice of machinery based on the power estimates. Even when the machinery type is chosen, the range of units available commercially is limited.
5 Money Lessons We Can Learn from Donald Trump Donald Trump sits not only at the helm of the trump organization but is one of the world's most successful entrepreneurs . Sure, this wealthy business man may be a bit polarizing, but he’s overcome financial adversity time and time again. This iconic and immensely wealthy individual can teach us treasured lessons about life in general and money in particular. Go ahead, read and absorb the information below – your financial IQ will increase exponentially. 1. Money Matters Require You to Think Beyond Ordinary Limits Donald has repeatedly stated that, as long as an individual is thinking, it is paramount that he or she thinks big. Thinking outside the confines of average considerations opens one's eyes to new opportunities. This, by extension, implies that your spending will be more productive than in ordinary occasions when expenditure tends to give nothing in exchange for taking your money. Trump advises that one plans on...
REFERENCES 1 Allan and Canham, (1954), Ship Trial Performance and the Model Prediction , Institution of Naval Architects, Vol. 96, Oct. 1954. 2 Andersen and Guldhammer, (1986), A Computer-Oriented Power Prediction Method , CADMO, 1986. 3 Aydin, Muhsin, Salci, Aydin, (2008), Resistance Characteristics of Fishing Boats Series of ITU , Marine Technology, Vol. 45, No. 4, Oct. 2008. 4 Compton, (1986), Resistance of a Systematic Series of Semi-Planing Transom-Stern Hulls, Vol. 23, No. 4, Oct. 1986 5 Grigson, (1989), On Predicting the Performance of Ships from Models, Transactions of RINA, 1989. 6 Grigson, (1992), An Accurate Smooth Friction Line for Use in Performance Prediction, Transactions of RINA, 1992. 7 Guldhammer and Harvald, (1974), Ship Resistance Effect of Form and Principal Dimensions (Revised), Academisk Forlag, Copenhagen. 8 Hagen, Comstock and Slager, (1986), Investigation of Design Power Margin and Correlation. 9 Hans and Nils, (1961), Model Tests and ...
EXCELLENCE OF MASJID (MOSQUE) AND PRAYING PLACE Allah SWT says: Those who have got faith in God and the next world inhabit God's mosques. The Prophet said : If a man constructs a mosque for God, He constructs for him a place in Paradise. The Prophet said : If a man loves mosque, God loves him. He said : When one of you enters a mosque, let him pray two rak'ats before he sits. He said : There is no prayer for mosque except in mosque. He said : Angels like one of you until he keeps seated in his praying place. They say : O God, send blessings on him. O God, have mercy on him, forgive him till he keeps his ablution or gets out of mosque. The Prophet said : There will be some people among my followers who will come to mosque and sit in groups. They will like to talk of this world and its matters. Don't sit with them. God has got no necessity of them. He said : God said in some of His books : Mosques are my houses in the world and My neighbours are those people in...