Archive for July, 2010

Importance of the Employee Screening Process

Wednesday, July 28th, 2010

Employee screening is a necessity in any business, big or small. It is the process of getting to know the company's applicants, and if they are fit for the position they are applying for in the company. During the process, an employer or the company's HR personnel will determine if ...

The Benefits of Documentation

Tuesday, July 27th, 2010

As a practitioner and supporter of agile and lean, I am a strong believer in doing things for a reason and only those things that add value. So when it comes to documentation, many with basic exposure to agile may think that the methodology means that project documentation is not ...

The Cost of Capital

Monday, July 26th, 2010

The opportunity cost or simply, the cost of capital for a project is the discount rate for discounting its cash flows. The projects capital cost is the minimum required rate of return on funds committed to the project, which depends on the riskiness of its cash flows. Since the investment ...