Search results “Financial resources allocation”
Resource Allocation
Learning Objectives: Understand how to manage resources Optimize allocation of resources Execute financial planning At Seekhley, we believe that students learn the best when they experience the concepts they study in books. Seekhley Experiential Learning Program (SELP) is designed to be a hands-on learning program which ignites a passion for ‘learning by doing’ in students. It is a non-disruptive solution that builds on top existing curriculum of schools. Our Website: www.seekhley.com
What is RESOURCE ALLOCATION? What does RESOURCE ALLOCATION mean? RESOURCE ALLOCATION meaning - RESOURCE ALLOCATION definition - RESOURCE ALLOCATION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. In economics, resource allocation is the assignment of available resources to various uses. In the context of an entire economy, resources can be allocated by various means, such as markets or central planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. In economics, the area of public finance deals with three broad areas: macroeconomic stabilization, the distribution of income and wealth, and the allocation of resources. Much of the study of the allocation of resources is devoted to finding the conditions under which particular mechanisms of resource allocation lead to Pareto efficient outcomes, in which no party's situation can be improved without hurting that of another party. In strategic planning, resource allocation is a plan for using available resources, for example human resources, especially in the near term, to achieve goals for the future. It is the process of allocating scarce resources among the various projects or business units. There are a number of approaches to solving resource allocation problems e.g. resources can be allocated using a manual approach, an algorithmic approach (see below), or a combination of both. There may be contingency mechanisms such as a priority ranking of items excluded from the plan, showing which items to fund if more resources should become available and a priority ranking of some items included in the plan, showing which items should be sacrificed if total funding must be reduced. Resource allocation may be decided by using computer programs applied to a specific domain to automatically and dynamically distribute resources to applicants. This is especially common in electronic devices dedicated to routing and communication. For example, channel allocation in wireless communication may be decided by a base transceiver station using an appropriate algorithm. One class of resource whereby applicants bid for the best resource(s) according to their balance of "money", as in an online auction business model (see also auction theory). A study by Emmanuel Yarteboi Annan shows that this is highly important in the resource allocation sector. In one paper on CPU time slice allocation an auction algorithm is compared to proportional share scheduling..
Views: 15483 The Audiopedia
Sales Attribution & Resource Allocation: MakeBuzz Customer Journey Consulting
How do you allocate your financial and human resources to make sure you get the most sales from your marketing efforts? Finding out what leads to those sales is a key part of this process, but the complexity of the new Customer journey has changed sales attribution. MakeBuzz has a proven method for solving this dilemma, understanding the causes and effects of your sales and cross-channel marketing strategy.
Views: 284 makebuzz
How should CEOs approach resource allocation?
Strategy is about picking the one or two businesses that are most likely to succeed and putting all effort and resources behind them. Learn how to #BeatTheOdds at https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/strategy-beyond-the-hockey-stick
Views: 1236 McKinsey & Company
Markets and the Allocation of Resource
See more videos at: http://talkboard.com.au/ In this video, we look at markets and how markets help economies to allocate resources efficiently
Views: 5903 talkboard.com.au
Methods of Allocating Shared Services Costs | Financial Reporting Decisions| US CMA Part 1
US CMA Exam Part 1 Single Rate Method of Allocation Dual Rate Method of Allocation The above rate is then applied to actual hours Single Rate includes fixed and variable cost It allocates fixed cost based on actual usage of resources This may result in a misleading impression of cost If the support functions are proposed to be outsourced, care should be exercised about the pricing Two rates - one for fixed cost and other for variable costs Fixed costs are allocated as per budgeted hours Variable costs are as per actual usage Dual Rate has two separate rates for fixed and variable costs It allocates fixed cost based on budgeted usage of resources A more precise allocation of costs Facilitates better decision making Single rate allocation method is simple It is less expensive since analysis of departmental costs into fixed and variable is not required But could lead to wrong decision making Dual rate ensures managers are aware of the fixed and variable cost elements Better informed decisions regarding outsourcing support services would be made https://meraskill.com/cma?utm_medium=referral&utm_source=youtube&utm_campaign=us_cma WhatsApp Now: +91 8692900017
Views: 630 Mera Skill
NetSuite SRP Resource Allocations Overview
http://www.rsmus.com/netsuite Demonstration of NetSuite's cloud ERP solution for Services Resource Planning - Resource Allocations.
Views: 2678 RSMUStech
Resource Allocation Model - equity loadings
Robyn McKerihan, NSW DEC's Executive Director for Local Schools, Local Decisions, explains how equity loadings will be applied for low socio-economic and Aboriginal background under the new Resource Allocation Model.
Views: 846 NSWdec1
Beyond Budgeting: Principle 10 - Resource Allocation
Anders Olesen, Director of the Beyond Budgeting Institute, explains principle no. 10: Resource allocation - Foster a cost conscious mind-set and make resources available as needed; not through detailed annual budget allocations.
Views: 1877 Beyond Budgeting
David Simchi-Levi: Online Resource Allocation with Applications to Revenue Management
MIT Professor David Simchi-Levi shared his findings about online resource allocation on Tech [email protected] Learn more about Alibaba's latest technology, follow us on Facebook: Alibaba Tech https://www.facebook.com/AlibabaTechnology/ Online resource allocation is a fundamental problem in OR and CS with applications such as offering products to customers, distributing jobs to candidates, assigning advertisers to ad slots, and matching drivers to passengers. These problems can be abstracted as follows: there are fixed resources, each of which can be sold at multiple known prices. These resources must be allocated on-the-fly, without assuming anything about future demand. In this talk we cover the CS and OR literature on the problem and in particular focus on two techniques: exploration and exploitation methods, as well as competitive analysis. In the latter case, we review new algorithms that achieve tight competitive ratios under the integral or asymptotic settings. Our algorithms are simple, intuitive and robust and our competitive ratios are provably optimal, for every possible set of prices. In the former case, we discuss an efficient and effective dynamic pricing algorithm, which builds upon the Thompson sampling algorithm used for multi-armed bandit problems by incorporating inventory constraints into the pricing decisions. The algorithm proves to have both strong theoretical performance guarantees as well as promising numerical performance results when compared to other algorithms developed for the same setting. Finally, we compare the performance of both techniques, exploration and exploitation methods and competitive analysis, with real-world and synthetic data from various retail applications.
Views: 144 AlibabaTech
Resource Allocation Model - overview
Robyn McKerihan, NSW DEC's Executive Director for Local Schools, Local Decisions, explains why the new Resource Allocation Model for school funding is fairer and more transparent than the existing method.
Views: 1010 NSWdec1
Factors of Production (Resources)
Factors of Production (Resources) There 4 factors of production, namely, land/raw materials, labor, capital and entrepreneurship. Why is entrepreneurship considered a type of resource? Well, because an entrepreneur brings other 3 factors of production (land/raw materials, capital and labor) together to make production possible. Why is money not considered a type of resource in economics? What is the difference between economic capital and financial capital?
Views: 121817 Economics Mafia
Microsoft Project 2013 Tutorial - Budget Costs and Budgeting
Get my free 3 hour course for Project 2013 course. Get 20 training videos to help you learn MS Project 2013. Click here to get the free course: https://simonsezit.leadpages.net/free-project-2013-course/ Watch the full course at http://www.simonsezit.com/courses/microsoft/learn-microsoft-project-2013-advanced-training-tutorials/ Get our Project 2013 beginner training here: http://www.simonsezit.com/courses/microsoft/learn-microsoft-project-2013-training-tutorials/ In this video, learn budget costs and budgeting in general while working in Microsoft Project 2013. Get 36 hours of Microsoft Project training here: http://www.simonsezit.com/learn-microsoft-project-training-tutorials/ Watch the entire Project 2013 Training Tutorial playlist: https://www.youtube.com/playlist?list=PLzj7TwUeMQ3iTsQY6ERGqxg9YDK5Y9eBU Stay in touch: SimonSezIT.com: http://bit.ly/JEWqQA Project 2013 training: https://learnoffice2013.com/ The Simon Sez IT email newsletter: http://bit.ly/18bMwY0 YouTube Channel: http://bit.ly/foiItB Facebook: http://on.fb.me/14m8Rwl Twitter: http://bit.ly/177EU5J Google+: http://bit.ly/11JbHdb If you enjoyed the video, please give a "thumbs up" and subscribe to the channel ;-) Video Transcription: Toby: Welcome back to this course on Project 2013 Advanced. In this section we're going to look at budget costs and in fact including in that I'm going to look at budgeting in general in Project 2013. I hope it's something you've come across before but I do find it is one area of 2013 where people do get quite confused about what it means and what the relationship is between a budget and a baseline and actuals and so on. During this and the next few sections, I hope to explain all that more fully to you and to add a lot of details to things you may have used before. Now the first thing to understand is that a budget has nothing to do with tracking actual costs, even scheduled costs or scheduled assignments or scheduled use of resources and so on. A budget is purely a set of numbers that is, if you like, your best guess. It may be your budget in the sense of being a limit either to the amount of money you have or the amount of resources you can use. But basically it's usually there because you've been required either at the start of a project or even before a project begins to come up with a budget for the project. Now one thing you can do in Project 2013 is to setup a budget with various components very easily and then you can track your progress against that budget along with your progress against things like your baseline. So first of all, let's setup a budget for this pretty straightforward project. Now I must admit to an element of cheating here because normally if I were required to do a budget for a project, it would be even before I'd done this level of detail planning. Even here, although I've got a lot more breakdown of these tasks and more investigation of resources and so on to go into, I've already got a pretty good idea of what this projects going to cost. So I want you to sort of cast your mind back a few months before I had even this Gantt Chart and my bosses said to me, "We're thinking of putting together a new website and we're going to be able to do this on it and this on it and this on it and give me a long list of what we might be able to do. And we want it to work like this and we want it to work like this and we want it to be able to take this many visitors and do this amount of business online on it and so on." And then he might say to me, "Can you give me some idea Toby of what that's going to cost? Come up with a budget for the whole project." So I know that in order to do this we're going to need to get some specialist help from outside. We've got a web development company and we've got some business consultants who can help us with these jobs. We're going to do a certain amount of the work in house. We're going to be able to do quite a lot of the testing. We'll even be able to do some of the development work. But mainly we'll be working on requirements and elements of design. So I go away. I look at the last website development project we did. I look at how much complex this one is, but on the other hand how much more we've learned and I come up with some figures and say, "Well, based on past experience and based on what I think is involved here, I think we're going to need about 900 hours of our own time, in house work. Oh-oh! We couldn't fit the entire video transcription here - YouTube only allows 5000 characters. No worries, you can get the transcripts for all our Project 2013 videos offered here on YouTube AND a free 3-hour video course for MS Project 2013. Click here to get this free stuff: https://simonsezit.leadpages.net/free-project-2013-pdf-and-course/
Views: 139748 Simon Sez IT
Resource Allocation Decision Tool: Help Video 4
This is the fourth help video for the Resource Allocation Decision Tool. It is focused on classifying whether a health program is cost effective or not and how certain you can be in that classification.
Views: 41 Terry Haines
Supreme Court on Presidential Reference on allocation of resources - Financial Express
Analysis of SC verdict on the Presidential Reference on whether auction is the only method for allocation of natural resources by The Financial Express' Assistant Managing Editor (Opinion & Policy) Mr. Sunil Jain. The Financial Express - A complete up-to-date source for business news, finance news, stock market news, world business news, stock market india, market news, economy and financial news online. To Subscribe: http://www.youtube.com/subscription_center?add_user=IndianExpressOnline YouTube: http://www.youtube.com/IndianExpress Facebook: http://www.facebook.com/TheFinancialExpress Twitter: http://twitter.com/FinancialXpress Website: http://www.financialexpress.com/
Views: 433 IndianExpressOnline
Revenue - allocation - ACCA Financial Reporting (FR)
Revenue - allocation - ACCA Financial Reporting (FR) Free lectures for the ACCA Financial Reporting (FR) Exam To benefit from this lecture, visit OpenTuition to download the notes used in the lecture and access all ACCA free resources. Access to all Financial Reporting lectures, and Ask the ACCA Tutor Forums Please go to opentuition to post questions to our ACCA Tutor, we do not provide support on youtube comments section. *** Complete list of free ACCA lectures is available on https://opentuition.com/acca/fr/ ***
Views: 1465 OpenTuition
Optimal Resource Allocation
If you want to know how many employees you need for your project at the lowest costs possible, let Excel help you with your resource allocation.
Finance Deptt releases 50% budget allocation for 2018-19 beforehand | TheDispatch
Keeping with the announcement made by the Finance Minister, Dr Haseeb Drabu in his Budget speech in the state legislature on January 11 this year, the Finance Department today released 50 percent of Rs 95666.97 crore budget allocation for the financial year 2018-19. “We have today released to the Administrative Departments half of the total budgetary allocation of Rs 95666.97 crore for the fiscal 2018-19 through BEAMS (Budget Estimation, Allocation and Monitoring System) and they will have to now pass it on to the field Departments within four weeks,” Dr Drabu said here today. Principal Secretary Finance, Mr Navin Kumar Choudhary was also present on the occasion. The new and proficient online system of resource allocation - BEAMS was launched by the Finance Department last year to ensure release of resources through quicker, transparent and efficient computerized mechanism. Dr Drabu said the early release of funds would facilitate the Government Departments to plan and set into motion the developmental process for the next fiscal well in advance. “Earlier, the budgetary allocation used to be released by the Finance Department with the beginning of the new financial year in April while the Administrative Departments used to pass it on to the line departments in July-August resulting in developmental deficit because of limited working season available in various parts of the State,” he said. The Finance Minister said with the introduction of BEAMS, once the budget is released, the departments can allocate funds to their executing agencies through the online system and thereafter all the expenditures will not only be regularly checked for budget availability but will also control monthly cash flows against pre-determined developmental targets. He said the substantial increase in the Capex budget has massively shifted the total percentage of expenditure towards development front.
Views: 704 TheDispatch.In
Ethereum Q&A: Gas and resource allocation
How is “gas” used in Ethereum, Ethereum Classic, and other smart contract platforms? What does “Turing complete” mean? As a smart contract developer, how do I estimate how much the execution of my program will cost in gas? These questions are from MOOC 9.7 session, which took place on March 30th 2018. Andreas is a teaching fellow with the University of Nicosia. The first course in their Master of Science in Digital Currency degree, DFIN-511: Introduction to Digital Currencies, is offered for free as an open enrollment MOOC course to anyone interested in learning about the fundamental principles. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://youtu.be/d0x6CtD8iq4 Investing in Education instead of Speculation - https://youtu.be/6uXAbJQoZlE Ethereum, ICOs, and Rocket Science - https://youtu.be/OWI5-AVndgk Slush17 Panel: Farewell to Centralised Data - https://youtu.be/ul0aGzF-v5c Blockchain vs. Bullshit: Thoughts On The Future of Money - https://youtu.be/SMEOKDVXlUo Why I'm writing 'Mastering Ethereum' - https://youtu.be/So6WERp7vLY Smart contract platforms - https://youtu.be/XU8Bc5oxneE Impact of smart contracts on law and accounting - https://youtu.be/K-TRzuPwJCc Altcoins and specialisation - https://youtu.be/b_Yhr8h6xnA Ether, ICOs, and securities - https://youtu.be/guBNLSsnAiA Unstoppable code - https://youtu.be/AQx3E3F8Kz4 Airdrop coins and privacy implications - https://youtu.be/JHRnqJJ0rhc Initial coin offerings (ICOs) - https://youtu.be/Q5R8KuxV4A0 The token ICO explosion - https://youtu.be/vdaW8NtJXuQ ICOs and responsible investment - https://youtu.be/C8UdbvrWyvg ICOs and financial regulation - https://youtu.be/Plu_WX3Gs8E ICOs, disruption, and self-regulation - https://youtu.be/yfjgcI8xX3A Scams, gambling, and regulation - https://youtu.be/fTI88YrN1UE ICOs and pyramid schemes - https://youtu.be/8HYWWP1QU7Q Directed acyclic graphs (DAGs) and IOTA - https://youtu.be/lfgMnbb5JeM Scaling and "Satoshi's vision" - https://youtu.be/Ub2LoTcYV54 "Blockchain, not Bitcoin " - https://youtu.be/r2f0HlaRdgo Reflections on the last five years - https://youtu.be/NoCi64uaFT0 Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ Subscribe to the channel to learn more about Bitcoin & open blockchains! Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 6115 aantonop
How to Properly Manage Your Money Like the Rich | Tom Ferry
It's not about how much money you earn. It's what you do with the money that matters. In this video, I'm going to show you a business strategy on how to manage your money. I'm not gonna tell you what to invest in. That's not my role. Here are the best ideas of what the best professionals do to manage their money. Learn more from Tom LIVE at the next Summit event: http://bit.ly/2xgZ6Uq ------------ I hope you got some helpful tips and new ideas from this video. To ensure you don't miss all my FREE training videos all you have to do is sign up here with your email: http://bit.ly/TomFerry-VideoTraining Get a FREE copy of my new book: http://bit.ly/2Bblstw Download FREE Agent Scripts and Resources: http://bit.ly/2iDEjpJ Tom Ferry Coaching: http://bit.ly/2eP8UlA Tom Ferry Events: http://bit.ly/2gQBjbD Join Tom's VIP List: http://bit.ly/2sMb73n ------------- Connect with me on my other social channels: Website - http://TomFerry.com Facebook - http://facebook.com/TomFerry Twitter - http://twitter.com/TomFerry YouTube - http://youtube.com/CoachTomFerry Instagram - http://instagram.com/TomFerry Podcast - http://soundcloud.com/CoachTomFerry
Views: 4395969 Tom Ferry International
Three Methods of Resource Allocation : Economics Homework Help by Classof1.com
Visit : http://classof1.com/homework-help/economics-homework-help/ for customized academic assistance in Economics. Three Methods of Resource Allocation: In a traditional economy, resources are allocated according to the long-lived practices of the past. Tradition was the dominant method of resource allocation for most of human history and remains strong in many tribal societies and small villages in parts of Africa, South America, Asia, and the Pacific.
Views: 5522 classof1homeworkhelp
Resource Allocation Model - Minister's message
NSW Minister for Education Adrian Piccoli explains why the new Resource Allocation Model, or RAM, is a fairer and more transparent way of funding our public schools.
Views: 1110 NSWdec1
Economic Systems and Macroeconomics: Crash Course Economics #3
In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some of the broadest economic choices when we talk about the difference between planned economies and market economies. We'll get into communism, socialism, command economies, and capitalism. We'll look at how countries choose the kind of system they're going to use (spoiler alert: many end up with mixed economies). We'll also look into how individuals make economic choices. Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Anna-Ester Volozh, Robert Kunz, Jason A Saslow, Christian Ludvigsen, Chris Peters, Brad Wardell, Beatrice Jin, Roger C. Rocha, Eric Knight, Jessica Simmons, Jeffrey Thompson, Elliot Beter, Today I Found Out, James Craver, Ian Dundore, Jessica Wode, SR Foxley, Sandra Aft, Jacob Ash, Steve Marshall TO: Everyone FROM: Martin To gild refined gold is just silly. TO: Dana FROM: Cameron Still holding out. We're going to make it! Thank you so much to all of our awesome supporters for their contributions to help make Crash Course possible and freely available for everyone forever: Raymond Cason, Marcel Pogorzelski, Cowgirlgem, Chua Chen Wei, Catherine Emond, Victoria Uney, Robin Uney, Damian Shaw, Sverre Rabbelier Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1500116 CrashCourse
4. Portfolio Diversification and Supporting Financial Institutions (CAPM Model)
Financial Markets (ECON 252) Portfolio diversification is the most fundamental concept of risk management. The allocation of financial resources in stocks, bonds, riskless, assets, oil and other assets determine the expected return and risk of a portfolio. Taking account of covariances and expected returns, investors can create a diversified portfolio that maximizes expected return for a given level of risk. An important mission of financial institutions is to provide portfolio-diversification services. 00:00 - Chapter 1. Introduction 02:37 - Chapter 2. Evaluation of Efficient Portfolio Frontiers 26:59 - Chapter 3. The Significance of Portfolio Diversification 38:43 - Chapter 4. The Tangency Portfolio and the Mutual Fund Theory 51:46 - Chapter 5. The Capital Asset Pricing Model 59:09 - Chapter 6. Implications of the Equity Premium and Conclusion Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses This course was recorded in Spring 2008.
Views: 108089 YaleCourses
What are the key elements of asset allocation?
6/14/2018 Webcast: Asset Allocation in Retirement There are four key elements to consider when devising an asset allocation plan; personal financial goals, investment time horizon, risk tolerance, and available resources. IMPORTANT INFORMATION For more information about Vanguard funds or Vanguard ETFs, visit https://vgi.vg/2MgyP41 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. All investing is subject to risk, including the possible loss of the money you invest. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Diversification does not ensure a profit or protect against a loss. This webcast is for educational purposes only. We recommend that you consult a tax or financial advisor about your individual situation. Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor. © 2018 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor.
Views: 2677 Vanguard
Improve Planning and Resource Allocation with Capacity Planning + Plan Progression – Aug 15, 2018
Improve Planning and Resource Allocation with Capacity Planning + Plan Progression Do you want to improve the planning of your quarterly releases by being able to create ‘what if’ scenarios that can show your stakeholders the best way to allocate your resources? Would you like to be able to understand not only what work you planned for a release, but what changes you’ve made along the way? In this webcast, You’ll learn about CA Agile Central’s Capacity Planning capabilities as well as how you can combine that and the Plan Progression feature to accurately predict and track changes to your releases. Presented by Aaron Rusty Lloyd - Principal, Agile Management (CA)
Views: 57 CA Communities
Resource allocation feasibility study (Eithne Fitzgerald)
This presentation is from the National Disability Authority's annual conference 2012, "Achieving inclusive communities": http://tinyurl.com/NdaConference2012 We will caption this video as soon as possible. If you have any accessibility issues with this video, please contact us at [email protected]
Resource Allocation 1
Methods of resource allocation, market economy and command economy
Views: 4936 david hopcroft
How Inflation Affects Resource Allocation
See more videos at: http://talkboard.com.au/ In this video, we look at how high inflation can cause resources to be inefficiently allocated in a number of ways. We will look at noise in the price system and also the movement away from productive investments by firms so as to preserve their purchasing power.
Views: 407 talkboard.com.au
Human Resources Part 4 Allocation and Release
Manpower pool management, Allocation of resource to project, Extension in a project, Release from a project, Transfer to another location
Views: 242 Free OpenMentor
What is COST ALLOCATION? What does COST ALLOCATION mean? COST ALLOCATION meaning & explanation
What is COST ALLOCATION? What does COST ALLOCATION mean? COST ALLOCATION meaning - COST ALLOCATION definition - COST ALLOCATION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Cost allocation is a process of providing relief to shared service organization's cost centers that provide a product or service. In turn, the associated expense is assigned to internal clients' cost centers that consume the products and services. For example, the CIO may provide all IT services within the company and assign the costs back to the business units that consume each offering. The core components of a cost allocation system consist of a way to track which organizations provides a product and/or service, the organizations that consume the products and/or services, and a list of portfolio offerings (e.g. service catalog). Depending on the operating structure within a company, the cost allocation data may generate an internal invoice or feed an ERP system's chargeback module. Accessing the data via an invoice or chargeback module are the typical methods that drive personnel behavior. In return, the consumption data becomes a great source of quantitative information to make better business decisions. Today’s organizations face growing pressure to control costs and enable responsible financial management of resources. In this environment, an organization is expected to provide services cost-effectively and deliver business value while operating under tight budgetary constraints. One way to contain costs is to implement a cost allocation methodology, where your business units become directly accountable for the services they consume. An effective cost allocation methodology enables an organization to identify what services are being provided and what they cost, to allocate costs to business units, and to manage cost recovery. Under this model, both the service provider and its respective consumers become aware of their service requirements and usage and how they directly influence the costs incurred. This information, in turn, improves discipline within the business units and financial discipline across the entire organization. With the organization articulating the costs of services provided, the business units become empowered – and encouraged – to make informed decisions about the services and availability levels they request. They can make trade-offs between service levels and costs, and they can benchmark internal costs against outsourced providers. Every organization must define their costs, like how funding runs through the organization, who touches it, what they do and how they do it serves as a foundation for this understanding. According to the Office of Management and Budget's (OMB) Uniform Guidance, there are only three types of costs – Indirect, Indirect-Admin (Overhead) and Direct. By correctly defining and allocating costs, true cost of service can be fully captured. 1. Direct costs - are those that can be associated specifically to a final cost objective. You know what you spend on programs. You know what expenses go directly to your mission. Most importantly, you know what expenses go directly to those benefitting from your service. 2. Indirect costs - are things that you need to do for the sake of the organizational health & operations, but don’t tie back to a specific program. For instance, the actual time (resources) that need to be dedicated when working with your Internet provider to fix the organization’s connection is important, but it ‘s unlikely that the time spent can be tied to one particular function in a program. 3. Indirect-Admin (Overhead) costs - are defined as those that are not Direct but are necessary for the immediate support of the program. Indirect-Admin costs or Overhead are very important to nonprofits since unlike government, they do not necessarily have separate buckets of funding. If Direct costs are the foundation, the Overhead costs are one touch away. So, when you are working on managing a program, leading those working for a program in their work or simply accounting for program expenses and revenues, you are only one touch away and are, in effect, performing direct activities. These activities can be attributed to your Direct Costs for purposes of expense reimbursement.
Views: 4065 The Audiopedia
Resource Allocation Process Redesign
Resource Allocation Process Redesign
Views: 103 Anna Anderson
Price Ceilings: Misallocation of Resources
Suppose there is a mild winter on the West Coast and a harsh winter on the East Coast. As a result of the weather, people on East Coast will demand more home heating oil, bidding up the price. Under the price system, entrepreneurs will be incentivized to take oil from where it has lower value on West Coast to where it has higher value on the East Coast. But when price controls are in place, even though the demand is still there from the East Coast, there is no signal of a higher price, eliminating the incentive for entrepreneurs to transport oil from west to east. In fact, this happened in the 1970s, resulting in oil going to lower valued uses on the West Coast while many people on the East Coast didn’t have enough oil to heat their homes. In this video, we’ll look at a diagram to visualize this misallocation of resources. Microeconomics Course: http://bit.ly/20VablY Ask a question about the video: http://bit.ly/1QyCqBp Next video: http://bit.ly/1LGjhMB Help us caption & translate this video! http://amara.org/v/GLJ5/
Resource Capacity Planner - Excel Template - Team Capacity  (Hours) Planning
In this article, we will be taking up monthly capacity planning for a team. We will be using the Resource Capacity Planner Excel Template in this exercise. (Link: https://indzara.com/product/resource-capacity-planner-excel-template/) SCENARIO: We are responsible for planning our team’s capacity every month. We need to have a realistic view of how much work can be done by our team next month, taking into account the availability of each of our team members during the month. This will allow us to commit to our leadership on deliverables’ scope and if needed ask for more resource or to reduce the deliverables. Resource Capacity Planner Excel template is helpful in understanding the available resource capacity, comparing with demand and identifying surplus/deficit capacity by skill groups. The template takes the resource availability, holidays, weekends, overtime and vacation data to calculate capacity. Then, based on your input demand data, it can calculate the surplus/deficit capacity. In addition, you can generate an employee availability report. It can be used in different environments. For example, a manager leading a team can use this to plan capacity of his team every month. A project manager who is working on a multi-month long project can plan the resource capacity for the entire duration. This can also be used outside corporate environments wherever you want to compare demand vs capacity. Simple and Effective Excel Templates: http://www.indzara.com/ Free Excel Templates: http://www.indzara.com/free-excel-tem... Premium Excel Templates: http://www.indzara.com/shop/ Project Management Templates: http://www.indzara.com/project-manage... Inventory Management Templates: http://www.indzara.com/inventory-mana... Free Excel Course: http://www.indzara.com/useful-excel-f... Social: Subscribe to YouTube: http://www.youtube.com/user/theindzar... Facebook: https://www.facebook.com/theindzara YouTube: https://www.youtube.com/user/theindzara LinkedIn: https://www.linkedin.com/company/indzara Twitter: https://www.youtube.com/user/theindzara
Views: 45703 Indzara
Allocation Methodologies
Allocation Methodologies Megan Dietrich, Finance Services Manager, Engineering Research Administration, Stanford University
Views: 1150 NCURA1959
How To Allocate Your Marketing Budget
Following on from my previous video (http://www.youtube.com/watch?v=lVkBGgUVWX0) I talk you through how to simplify the process of allocating your marketing budget, based on averages of figures found throughout the internet.
Views: 12920 Jason Dilworth
Research on the diversity and human resource allocation in the Japanese labor market
At Keio University, Professor Isamu Yamamoto, in the Faculty of Business and Commerce, is conducting research with the aim of designing appropriate systems for the labor market. To do this, Professor Yamamoto analyzes how human resources should be allocated to take into account diverse values among businesses and workers, and the relationship between work-life balance and workers' mental health and business performance. Q. "In short, I'm researching ways of working. As an academic discipline, my research field is applied micro economics or labor economics. Regarding methods, in terms of theory or evidence, I'm using econometric and statistical methods based on various micro data of businesses and workers." In Japan's current labor market, amidst changes in environment including smaller families, more old people, global competition, and low economic growth, it's become necessary to review Japanese employment practices, which were formerly considered to be highly rational in economic terms. Businesses are looking for ways to manage human resources and market systems while taking into account diversity in workers' attributes and values, and workers' balance between work and life outside of work. In this context, Professor Yamamoto utilizes a range of data in his research, emphasizing the relationship between businesses and workers. Q. "A feature of this research, currently very popular in the field of labor economics, is the use of panel data, where surveys track individual workers or individual businesses for many years. Using panel data, we can track the same businesses and workers every year, and find out how they involved changed appositionally. For example, how the behavior of businesses and workers changed when government policy changed, or what things changed around the time of the 2008 financial crisis or the Great East Japan Earthquake. We can identify such changes with accuracy fairly close to 'pinpoint'." Keio University is also home to the Panel Data Research Center. Since 2004, it has collected household budget data for approximately 4,000 households annually, conducting panel surveys representative of Japan. Professor Yamamoto also focuses on setting up surveys and testing theories using the data. Q. "The meaning of 'data' in society has changed, with data emerging from all sorts of places. But in actual business, people are too busy for the task of deciding what to test and think about using data, and the same is true regarding policy. So, I think my role may be to use data academically to do lots of verifications, in so-called fact-finding, to say, "This is how things are right now," as material for deciding what to discuss, and what direction to take. If a lot of such material emerges, and it's based on objective data, truly relevant discussion will be possible. I think that might be one way in which my research can contribute."
FINANCE Module 3: Capital Allocation & Project Valuation
Professor Ken Eades describes the cases used in the "Capital Allocation and Project Valuation" module of the first year finance course at the University of Virginia's Darden School of Business.
Views: 1265 DardenPublishing
NAV Model (Oil & Gas): Production Decline Curve
When you're valuing an E&P (Exploration & Production) company, the Net Asset Value (NAV) Model is the key methodology. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" UNLIKE in a DCF, where cash flow growth is assumed into infinity, in a NAV model you assume the company's cash flows go to $0 eventually as it completely produces all of its reserves and has nothing left. A granular NAV model is complex, but it comes down to a 2-step process: Step 1: Model the company's existing production from wells it already has... and assume a decline rate for the annual production each year, also assuming commodity prices to determine revenue, and linking operating expenses to production and calculating cash flow like that. Step 2: Assume the company drills new wells in its PUD (Proved Undeveloped), PROB (Probable), and POSS (Possible) reserves. The second step involves dozens of sub-steps and assumptions, but here we're just going to focus on ONE small part of this process: estimating the decline rate of a new well the company drills. It starts off at a very high production rate, but then declines quickly within even the first year of its useful life - and we need to estimate the decline rates each year to build the rest of the model. You COULD do lots of complicated math, try fitting hyperbolic or exponential functions, run a regression analysis, etc., but we suggest a much simpler approach here: if the company doesn't disclose data on its decline rates for individual wells, find data from another company operating in the same region and fit it to your company's "average" wells. How to Do That: Step 1: Find the company's key data, such as the EUR per well and IP rate per well in the region you're looking at. Step 2: Now, see if the company discloses data on its own decline rates... if so, you're set! If not, or if it's not enough, find another company operating in the region that discloses more data (EQT here), and go to that company's investor presentations to get the numbers. Step 3: In the first year, assume that production is some % of 365 * IP Rate per Well... because there is a huge drop-off in daily production from Month 1 to Month 12 in that first year. EQT's data shows 45%; we assume 60% here since UPL has a slightly flatter decline curve. Step 4: Copy and paste the other company's decline rates into each year of your decline curve. Step 5: Enter the correct formula for calculating annual production each year AFTER the initial year... here: =MIN(AU129*(1+AT130),$AT$126-SUM(AU$129:AU129)) Want to take either Last Year Production * (1 + Decline Rate) (the first part), or the total remaining reserves in this well (the second part). Step 6: Set up Subtotal / Remainder / Total math and ensure that everything is produced. Step 7: "Fit the data" using Goal Seek and the Factor - multiply each decline rate by a certain factor and use Goal Seek (Alt + A + W + G) to solve for the factor that makes the Subtotal equal to the EUR. Step 8: Build in support for a different EUR by scaling the production up or down in the "Total" column. Step 9: Allocate the production to oil vs. gas. vs. NGLs. Step 10: Complete the Subtotal / Remainder / Total math at the bottom. What Next? Next, we'd complete this process for all the wells the company drills in every region, estimate revenue, expenses, and cash flow for each one, and then aggregate the discounted cash flow values in every region across all reserve types... Which brings us closer to the implied NAV per share, which is what the NAV model is really all about. Stay tuned for more!
Local Schools, Local Decisions - Resource Allocation Model
The Minister for Education, Adrian Piccoli, discusses the new Resource Allocation Model (RAM).
Views: 965 NSWdec1
How to Setup Budget Costs in Microsoft Project 2016
Get the complete 18-hour Project 2016 Beginner to Expert course for $1 here ► https://streamskill.com/p/streamskill-membership/?product_id=46085&coupon_code=YT1DOLLAR During this Microsoft Project 2016 advanced training tutorial video, we will look at what budget cost is, why people would use budget cost, and how you can compare progress on a project with a project budget. Checkout some of our other training on YouTube: Project 2016 advanced training: PLAYLIST HERE Project 2016 beginner training: https://www.youtube.com/playlist?list=PLzj7TwUeMQ3g_ABHdUU7RoGJJm-YFr4_Y Excel 2016 training: https://www.youtube.com/playlist?list=PLzj7TwUeMQ3hFUdlWMkTLZL-Fr3oRGN35 VBA for Excel tutorials: https://www.youtube.com/playlist?list=PLzj7TwUeMQ3hWRi0mgxdyWkT0QaYKuBGZ Visio 2013 for beginners: https://www.youtube.com/playlist?list=PLzj7TwUeMQ3jpAwkTGD6hGNxF8ML_FfsF SharePoint 2013 training: https://www.youtube.com/playlist?list=PLzj7TwUeMQ3jloGuvewOe0Iv1EE2POKge Stay in touch: SimonSezIT.com: http://www.simonsezit.com/ StreamSkill.com: http://streamskill.com/ YouTube Channel: http://bit.ly/foiItB Facebook: http://on.fb.me/14m8Rwl Twitter: http://bit.ly/177EU5J Google+: http://bit.ly/11JbHdb If you enjoyed the video, please give a "thumbs up" and subscribe to the channel ;-) Welcome back to our course on Project 2016 Advanced. In this section we’re going to look at Budget Costs. I’m going to explain to you why people use Budget Cost, why you may want to use Budget Cost and how you can compare progress on a project with a project budget, with specific reference to costs. Now I should point out that you can pretty much do the same thing with Budget Work. And the approach with Budget Work is actually very similar but we’re going to concentrate here on Budget Costs. So I’m back here at the house build project. This is version 03. If I go to the Resource Sheet you’ll see that currently the Resource Sheet is empty. And in fact there are no costs or resources assigned at all on this project yet. So one thing that I might do very early on in a project like this is prepare a budget. Now this wouldn’t necessarily relate to any very accurate estimate of cost but I might say, for example, well I think that the labor costs are going to be $40,000 and the material costs are going to be $30,000 and the legal costs are going to be $10,000 and so on. So I might come up with some budget figures. And then during the course of the project I’m going to want to see how the project is progressing against my budget. Now rather than do all of those all I’m going to do is take one element and show you how you might deal with one element and then the other elements would be dealt with in an equivalent way. Now one thing that I must make very clear at this point is that you shouldn’t confuse budget costs with baseline cost. A baseline is a copy, a saved copy of a detailed schedule at a point in time. In fact it can be a detailed or perhaps not very detailed schedule, but it’s a copy of the schedule which will include details of start dates, end date, costs, etcetera, whatever has been added at that point. Budget costs are assigned at the project level. And although we can compare the budget cost with our actual costs in whatever categories we’ve set up it’s not the same as comparing progress, actuals that is, with a baseline. So let’s use as our example a budget cost for services. And by services we mean things like connecting the house to main services and getting an inspection by a local building inspector. So first of all let’s go to the Resource Sheet and we’re going to set up a resource called Service Costs. The type is Cost and I’m also going to create a group. I’ll explain the use of the group in just a moment. Sorry, we couldn't fit the entire video transcription here since YouTube only allows 5000 characters.
Views: 33108 Simon Sez IT
JAVA 2013 Dynamic Resource Allocation using Virtual Machines for Cloud Computing Environment
To Get any Project for CSE,IT ECE,EEE Contact Me @9966032699,8519950799 or mail us - [email protected]­m-Visit Our WebSite www.liotechprojects.com,www.iotech.in
Views: 1247 LT LIOTechprojects
2015.04.23 Committee of the Whole Meeting/Confirmation Hearing
Finance & Budgeting Committee Mission Statement: To provide the County Council with objective fiscal and public policy analysis, recommendations and oversight of the County’s financial resources and operations and to improve efficiencies and ensure accountability through effective allocation of resources for the benefit of all constituents of Cuyahoga County.
Views: 53 CuyahogaCounty
Resource allocation and Purchasing  -RAP- Issues in a global Context - Dr. Jack Langenbrunner D2.S3
Resource allocation and Purchasing -RAP- Issues in a global Context - Dr. Jack Langenbrunner Day2- Session 3 تخصيص الموارد والمشتريات - قضايا في سياق عالمي - اليوم الثاني - الحلقة الثالثة Day Two -- 9-8-1426 -13 Sep, 2005 Session 3 Commerce in Health Services المؤتمر الدولي الأول لاقتصاديات الصحة والوقف الصحي The First International Conference in Health Economics and Endowment نحو استخدام أمثل لموارد الرعاية الصحية وتنميتها Towards Increasing and Optimizing Health Resources Opening Ceremony 7 Shaaban 1426 -- 11 Sep. 2005 Day One -- 8-8-1426 -12 Sep, 2005 Session 1 Overview of Healthcare Economics Day One -- 8-8-1426 -12 Sep, 2005 Session 2 Financing Healthcare Services Day One -- 8-8-1426 -12 Sep, 2005 Session 3 Meeting Demand in Healthcare Day One -- 8-8-1426 -12 Sep, 2005 Session 4 Health Insurance Day Two -- 9-8-1426 -13 Sep, 2005 Session 1 Regional & Global Issues in Health Economics Day Two -- 9-8-1426 -13 Sep, 2005 Session 2 Cost Issues in Healthcare Day Two -- 9-8-1426 -13 Sep, 2005 Session 3 Commerce in Health Services Day Two -- 9-8-1426 -13 Sep, 2005 Session 4 Role of Private Sectors in Healthcare Day Three -- 10-8-1426 -14 Sep, 2005 Session 1 Endowments Concepts Day Three -- 10-8-1426 -14 Sep, 2005 Session 2 Projects and Initiatives in Endowment
Views: 108 Asaad Ali Rayes
[#1]Assignment Problem|Hungarian Method|Operations Research[Solved Problem using Algorithm]
NOTE: After row and column scanning, If you stuck with more than one zero in the matrix, please do the row scanning and column scanning (REPEATEDLY) as much as possible to cover that zeros with lines, based on algorithm If you still find some zeros without covered by lines, then we need to go for [DIAGONAL selection RULE ]for that I have uploaded a separate video to understand that method easily., please watch this link [ [#2]Assignment Problem||Hungarian Method[DIAGONAL RULE] When we Find More than one Zero ] https://youtu.be/-0DEQmp7B9o ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is encouraging US] Thanks & All the Best!!! ──────────────────── Here is the video about assignment problem - Hungarian method on Operations research, In this video we discussed what is assignment problem and how to solve using Hungarian method with step by step procedure of algorithm, hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls use this: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research
Views: 1147591 Kauser Wise
Marketing Resource Management: Manage Global Marketing Programs, Allocate Resources and Prove ROI
Mark, CMO of a backpack company, is struggling to prove ROI of marketing campaigns to other team members. He needs to simplify processes and gain a complete view of marketing spend, campaign activity, project reviews and available resources. Using Teradata’s Marketing Resource Management, Mark’s entire team can now eliminate bottlenecks in process, complete cross-functional approvals and reviews to meet regulatory standards, access any creative assets needed, generate real-time campaign reports, easily control and analyze budget to show ROI, reallocate funds, collaborate on a global scale, and achieve marketing agility. To learn more, visit: http://marketing.teradata.com/US/Products/Marketing-Resource-Management/
Views: 1419 Teradata

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