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Found articles: 13

  • Getting Started on eBay: Make a Shopping List of the Personal Resources You Require

     Buying and Selling on eBay is an adventure that can be both fun and financially rewarding. Best of all it is relatively easy. But before setting out on your great adventure you need certain minimum "Personal Resources" which are listed below in what I consider to be the order of priority.More

  • Using Financial Leverage To Develop Your Ebay Business

     Used in the physical sense, the word "Leverage" means an assisted advantage. As a verb, "to leverage" means to gain an advantage through the use of a tool. For example, you can more easily lift a heavy object with a lever than you can lift it unaided.More

  • How To Price What You Are Selling on eBay

     One of the most crucial areas of decision making for sellers on eBay is “Pricing”. How much should I sell my item (s) for? Consider the following questions.More

  • Using Closing Ratio On eBAY

     The Closing Ratio (CR) gives sales persons an indication of how well they are doing. It also provides an entrepreneur with data that allows them to compare their results with the results of their peers. Depending on the dynamics, the Closing Ratio can also give an indication of what areas need improvement.More

  • Elements Of An eBay Strategy

     Strategy is an art concerned with achieving a goal. It is an art based upon devising and employing a careful plan or process towards the goal. This means that actions and efforts are pre-determined rather than haphazard.More

  • Project Lifecycle Processes - Phase 3 – Delivery Phase

     The purpose of the Delivery phase to design, develop, test, implement and hand over the solution identified in Phase 2, the Feasibility Study Phase.Key Players - The key players within the Delivery Phase are:the Business Sponsor who is responsible for providing overall direction of the project and for ensuring that periodic reviews or health checks are performed; the Sponsor's Representative who is responsible for representing the Business Sponsor on day-to-day matters and issues; the Project Manager who is responsible for managing this phase of the project, including controlling, monitoring, reviewing and reporting; the Stakeholders who are responsible for confirming the correct interpretation of the Users’ requirements; Process Description & Recommendations The Project Manager must:Create and continuously update the Project Management Plan;Implement best-practice project controls;Continuously monitor and control the project;Continuously review the project deliverables; The Business Sponsor should ensure that towards the end of each Stage, or at least every 3 months, a review or health check is performed to: Confirm that the project remains in accordance with the corporate business objectives, and that it continues to meet a real business need; Check performance against previously agreed success criteria; Confirm that forecasts of benefits to be delivered remain valid; Confirm that the Phase is complete and that the project team is adequately prepared to proceed to the next Phase; Stephen S Alison is a retired "bean counter" who spent 26 years in middle management positions for major US financial institutions in Europe and a further 10 years as an adviser/consultant to a number of European financial institutions. He owns and operates a number of "hand built" niche websites including: More

  • Project Management Principles

     Good and successful Project Management requires the adoption of and strict compliance with best practice Project Management Principles. Essentially there are 12 Key Project Management Principles which for convenience can be listed in 3 distinct categories as follows:Business Principles; People Principles;Control Principles;Business PrinciplesEnsure that all projects support the business strategy- All projects should have clear objectives that will deliver real and identifiable benefits to the business. Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the end of each phase to ensure that the project is still viable.More

  • Project Lifecycle Processes - Phase I - Initiation Phase

     The purpose of the Initiation Phase of a Project is to Identify, Scope and Gain Initial Approval for a Project or Projects that will deliver tangible benefit to the business.Key Players The key players within the Initiation Phase are:the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monitoring its progress.the Sponsor's Representative, who is responsible for registering and scoping the project, producing the necessary documentation and obtaining the required authorisation for the project to progress.More

  • Project Lifecycle Processes - Phase 2 - Feasibility Study Phase

     The purpose of the Feasibility Study phase is to confirm the business requirements and benefits of the project, identify and select the preferred or most advantageous solution and to prepare an Outline Schedule for the Delivery Stage.Key Players - The key players within the Feasibility Study Phase are:the Feasibility Study Manager/Project Manager who is responsible for managing the Feasibility Study Stage;the Business Sponsor who is responsible for signing off the key deliverables;the Sponsor's Representative who is responsible for preparing the Full Business Case and representing the Business Sponsor on day-to-day issues an matters;the Business Sponsor's cost or profit center which is responsible for providing assistance in the production of the Full Business case and obtaining the necessary authorisation for the project to progress into Delivery;Process Description & Recommendations The Business Sponsor should appoint a Feasibility Study Manager/Project Manager;The Feasibility Study Manager/Project Manager should plan the Feasibility Study Stage in detail, including the production of a document entitled the Terms of Reference for the Requirements Definition Phase;The Feasibility Study Manager/Project Manager should create the working environment including any necessary office accommodation, project filing system and specific management procedures including time recording management;As the Feasibility Study Phase progresses, the Business Sponsor should collect the information required to develop the benefits within the business case;The Feasibility Study Manager/Project Manager should conduct the Requirements Definition and produce the Requirements Definition Report to include:o The business objectives and strategy;o Functional and generic requirements;o Data models;o Data flow diagrams;o Recommendations;The Feasibility Study Manager/Project Manager should review the project with the Business Sponsor to revalidate its continued viability;The Feasibility Study Manager/Project Manager should produce the Terms of Reference for the Feasibility Study;The Feasibility Study Manager/Project Manager should undertake the Feasibility Study and produce the Feasibility Study Report which should:o Re-iterate the objectives and business requirements;o Specify the proposed solution;o Include a comparative analysis between the proposed solution and other options which were considered;The Sponsor's Representative, with assistance from Finance personnel and the Project Manager, should prepare the Full Business case;The Sponsor's Representative should issue the Full Business Case for review and agreement to:o The Business Sponsor;o The appropriate management area;o Information Technology representatives;o Finance Division representatives;o Stakeholders;o Steering Committee members, if appropriate;The Finance Division, with assistance from the Business Sponsor should produce the Project Authorisation Form and obtain the requisite corporate authorisation;The Business Sponsor should send a copy of the Full Business Case and the signed Project Authorisation Form to the appropriate management area to obtain the required resources and confirm funding for the project;As in the Initiation Phase, The Business Sponsor should be responsible for continually monitoring the progress of the Feasibility Study Stage. If at any time he/she has doubts about the benefits or risks of the project, or that it will support the real business needs, it is the responsibility of the Business Sponsor to reconsider the initiative and, if necessary, terminate the work.More

  • Project Management: An Overview

     A Project can best be described as any corporate initiative that displays one or more of the following characteristics:• It will have a clearly defined business objective, more usually related to introducing change within the business or corporation, and will be a “one off” activity with a definitive Start and Finish;• It is likely to involve numerous inter-related tasks and, as an activity, it would benefit from formalised procedures, processes and controls to ensure successful delivery and implementation;• It may well involve cross-functional working and the use of shared resources including but not limited to departments or divisions such as Information Technology (IT), Human Resources (HR) and Finance;Project LifecycleThere are essentially four (4) stages or phases in any Project Lifecycle: 1. Initiation; 2. Feasibility Study; 3. Delivery; 4.More