Материал: Английский язык для управления предприятием. Лавриненко И.Ю., Козлова В.В

ees will try to do as much as they can to be more effective using the main strategies of time management.

Time management skills diagnostics. Not only time tracker reports can show the progress after training. There’s a special analysis of skills of time management employees got.

There are three levels of competence which each staff member should have. They are:

Personal time management

Time management in a team

Corporate time management

Cost-effectiveness of time management implementation is very important when profitability of a company depends only on the effectiveness of personnel. The results of training can be obvious in a time tracker report which includes the data about a personal effectiveness of an employee. Time management strategies will help your staff members to raise their effectiveness and to bring more profit to your business.

Source: Crocotime. [Электронный ресурс]. – Режим доступа: URL: https://crocotime.com/en/time- management-of-a-company/ (время обращения – 17.08.2017).

Task 5. Make the word combinations out of the words in columns:

Task 6. Match the sentences below as True or False:

a)Nowadays time management is not important for a company.

b)Non-material assets grow and affect the success of a company.

c)Time management help to adapt to the changes in the business environment.

d)Staff management should have at least one level of competence.

e)Sometimes the effectiveness of a business depend only on the work of a per-

sonnel.

Task 7. Answer the following questions.

1.How is time management explained in the text?

2.What time management technology is mentioned?

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3.What factors is time management conditioned by?

4.What does time management training include?

5.What levels of competence should the staff have? Which of them are the most importantfor you?

6.What is a time tracker report?

7.What is supposed result of time management strategies?

Task 8. a) Study the table with the prepositions of time:

on time (at a right time) in time (before it`s too late)

Example: I went to railway station in time, cause I knew my train always departed on time.

b)Choose the correct preposition in the sentences below:

a)I work best at/during night.

b)We have a big family meal on/in Thanksgiving Day.

c)I start work every morning at/on 9 a.m.

d)I usually get home in/on time to read my children a bedtime story.

e)I never have a nap at/in the afternoon.

f)My birthday is at/in March. In fact it is in/on 6-th March.

g)I swim in the sea as much as possible during/at my holidays.

h)My boss never starts meeting in/on time. She is always late.

i)I did a lot of sightseeing in/during my last trip abroad.

j)My neighbor was born in/at the fifties.

Sources: Sue Kay, Vaughan Jones, Inside Out, New Upper-Intermediate, Macmillan, 2009. 158 p. p. 49.

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Task 9. Most people can improve their time management skills. Match the action (1-5) with its meaning and the example:

Source: Simon Sweeney. Series Eddition: Nick Brieger. Professional English Management, 2-nd imprssion 2002, First Published 2002, Pearson Education Limited, Edinburg Gate, Harlow, Essex CM20 2JE, England. Section 2. Unit 16.

Time Management in Action

Make presentation of Time Management Techniques that you think are useful for:

a) work; b) studies.

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UNIT 7

RISK MANAGEMENT

Task 1. Discuss the following questions:

1.What are possible dangers to the successful operation of a company?

2.What ways to deal with risks are there?

3.What offices take responsibility at dealing with

risks?

Task2.Readand memorizethewordsbelow thatwillhelpyouunderstandthetext.

1.identify [aɪ`entɪfaɪ ] – определять

2.respond [rɪ`spɑnd] – отвечать

3.objective [əb`dʒektɪv] – цель

4.imply – предполагать

5.require – требовать

6.schedule – график, расписание

7.employee – работник, подчиненный

8.proactive – предвосхищающий события

9.reactive – реагирующий, противодействующий

10.contingency plans - план действий в чрезвычайных обстоятельствах

11.due date - срок выполнения

12.approach – приблизиться

13.deadline – придельный срок

14.quantify – подсчитать

15.acceptable – допустимый

16.tolerance level – допустимый уровень

17.continuous – продолжительный

18.budgeting – составлять бюджет

19.diminish – уменьшать

20.assess – оценивать

21.improve – улучшать, увеличить

22.jeopardize – подвергать опасности

23.gut feel – шестое чувство, инстинкт

24.unpredictable – непредсказуемые

25.violate - нарушать

26.commitment - обязательство

Task 3. Read the text to understand the nature of Risk Management.

Risk Management: its Essence, Reasons and Types

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Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project and in the best interests of its objectives. Proper risk management implies control of possible future events and is proactive rather than reactive.

For example:

An activity in a network requires that a new technology be developed. The schedule indicates six months for this activity, but the technical employees think that nine months is closer to the truth. If the project manager is proactive, the project team will develop a contingency plan right now. They will develop solutions to the problem of time before the project due date. However, if the project manager is reactive, then the team will do nothing until the problem actually occurs. The project will approach its six month deadline, many tasks will still be uncompleted and the project manager will react rapidly to the crisis, causing the team to lose valuable time.

Risk Management Systems are designed to do more than just identify the risk. The system must also be able to quantify the risk and predict the impact of the risk on the project. The outcome is therefore a risk that is either acceptable or unacceptable. The acceptance or non-acceptance of a risk is usually dependent on the project manager’s tolerance level for risk.

If risk management is set up as a continuous, disciplined process of problem identification and resolution, then the system will easily supplement other systems. This includes; organization, planning and budgeting, and cost control. Surprises will be diminishedbecauseemphasiswillnowbeonproactiveratherthanreactivemanagement.

The purpose of risk management is to:

Identify possible risks.

Reduce or allocate risks.

Provide a rational basis for better decision making in regards to all risks.

Plan.

Assessing and managing risks is the best weapon you have against project catastrophes. By evaluating your plan for potential problems and developing strategies to address them, you’ll improve your chances of a successful, if not perfect, project.

Once the Project Team identifies all of the possible risks that might jeopardize the success of the project, they must choose those which are the most likely to occur. They would base their judgment upon past experience regarding the likelihood of occurrence, gut feel, lessons learned, historical data, etc.

Early in the project there is more at risk then as the project moves towards its close. Risk management should therefore be done early on in the life cycle of the project as well as on an on-going basis.

To deal with risk management first we need to look at the various sources of risks. Various sources of risk include: Project Management (too many projects going on at one time, impossible schedule commitments, unrealistic planning and scheduling, no one person responsible for the total project, etc.), Unpredictable (natural disasters), Predictable (market or operational risk), Technical (Technology changes), Legal (violating trade marks and licenses), and others).

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