Project mangment Essay Example | Topics and Well Written Essays - 1250 words

Project mangment - Essay Example The ideal required wind energy can be found at high altitudes where continuous wind speeds occur. In general the sea coastal areas and / or hilly areas are more preferred locations to establish the wind mills because of uninterrupted flow of wind. Wind – movement of air is called wind. The wind moves everything whatsoever comes in its way. Wind turbines or wind generators, like propeller blades of aircraft, turn and power electric generator generates an electric current. In more simplified it is stated that a wind turbine is opposite of a home fan. Instead of using electricity to make wind in fan, a wind turbine uses wind to make electricity. The wind turns the blades on the tower and spins a shaft which is connected to a generator to generate electricity. This production of electricity mainly depends on the velocity of the wind. Only higher wind velocity throughout the year makes the wind mill project viable. The wind turbine system consisting of blades, shafts, gears and generator is operated through a sophisticated computer controlled system installed at the base of the tower which also have sensors to sense the wind speed and its direction to switch on and off the wind turbine generator. Generally the user company gives a time limit or schedule for building and operation of wind mill project and the supplier (s) and / or contractor (s) should abide by the given time table as much as possible. However in certain cases the delivery time of many materials is long which delays for completion of project. Prevalent circumstances like human factors, whether or other natural calamity also sometimes create late completion. Ideal time for completion of project could be 3-4 months. Most countries maintain whether, oceanic and atmospheric records for different purposes including future prediction, study, educational research, etc. These information are

Hyundai Auto company and GM Auto company Research Paper

Hyundai Auto company and GM Auto company - Research Paper Example With these, the company embarked on restructuring its brands in a manner that they were responsive to market needs yet still competitive. It has focused on restructuring its brands while still focusing on their core business: that is they have focused on strengthening the core businesses which are Buick, Cadillac and Chevrolet, while reducing focus on other lesser brands which are not the core of the business (GM Company 2010 Annual Report, 2010; Norton, 2008). Hence, while focusing on high quality and exciting vehicles, they have also focused on affordability and fuel efficiency. The key focus is mainly providing high quality and affordable vehicles to the market (General Motors Corporation, 2008). Over the past decade, GM has weathered a dip its US market share, with the key reason for this for this being that most of the company’s vehicles did not seem to appeal to younger buyers, nor was it responding fast enough to the changing customer needs. In most parts of the market, the cars were mostly irrelevant (Szczesny, 2009). While sales for some of GM’s cars such as Buick, Cadillac, and Chevrolet were high, performance for other brands such as Hummer, Saturn and Saab were lagging behind. Furthermore, brands such as the Hummer did not fit the new GM business model of cost and fuel efficiency (GM Company 2010 Annual Report, 2010; Norton, 2008). In essence, GM reduced focus on non performing brands and increased its focus on the performing brands, while also shifting its focus to production of vehicles appealing to a younger demographic such as Grand Prix, G6, and Grand Am, as well as production of fuel efficient vehicles such as hybrid, electric and FLEX that respond to high fuel cost pressures and environment consciousness pressures (Norton, 2008). These changes have resulted to improved contribution margins in various new models as well as increased fuel efficiency where the cars use $6-$8 per gallon gasoline, 15%-55% fuel improvement than other vehicles. For instance, the Chevrolet Volt and Chevrolet Malibu have won car of the year awards in 2010 and 2008, while Cadillac CTS and Chevrolet Malibu generated contribution margins of more than 30% and 50% respectively in 2008 (General Motors Corporation, 2008; GM Company 2010 Annual Report). These changes have positively impacted the GM’s brand value enhance its new business model (GM Company 2010 Annual Report). However, cutting the non performing brands also resulted to loss of jobs in the divisions that were cut. On the other hand, Hyundai motor company, one of the largest Korean automobile companies, has undergone changes in its brand strategy where it has mainly focused on fuel efficiency and fluidic sculpture in its products in response to changing competitive pressures in the market place (Cho, 2012). Years after Hyundai had launched its vehicles in the US market, it was still viewed as a â€Å"cheap car suitable for the lower class† customers. Over the pas t decade, Hyundai has undergone massive changes in its brands to appeal to a wider customer base in the US. They have over the past ten years not only focused on