Answers by visitors named: Ray Taamneh

Carly is the project manager and which is a position that needs a strong Personality at first place, the project manager is responsible for the Success of the project, this person is a Project Coordinator and team Leader. The main key aspect for Carly is to be responsible for ensuring the Success of the project. This does not mean that the project manager must Do all this Work herself. There is the rest of the team that must help to Achieve the Project’s goals onetime. However, if something does not go Right, the project manager is accountable. At first she must define the project and build the schedule, and having This problem with one of the team members will certainly effect achieving The project goals on the specified time that was scheduled for it, in my Personal opinion i think that she didn’t discuss the problem that she is Having because at first it’s a responsibility that she has to face and she Doesn’t want to face it. The way she was storming wasn’t the professional way, it was more like a Personal issue for her and that can’t be a profitable act neither for her or The Project. Storming is a main key in the project manager and it doesn’t seem like she Has any concern regarding that subject. Plus as team manager she should Know that in order for the project to be successful there must be a one Hundred percent cooperation between the members so she must’ve Thought that it can be done regardless of that member opinion. This is where the project manager's responsibilities start. If the project Begins and she find out later that she is not clear on scope, then she is as A project manager is the one who is accountable. The work around defining the project means that she must understand and Gain agreement on the overall objectives, scope, risk, approach, budget. But all that can’t be done without a team work; she didn’t try to talk to Morris about the problem simply because she thought her being the team Manager gives her the right to take decisions and after all her taking this Problem as a personal issue because she feels that she was being Threatened by Morris blocked the conversations between them, that Certainly is not a professional project manager work. In the same time Morris feeling like he been treated unfairly gave him the Idea that he was not accepted so it was hard for him to start negotiate the Issue. Another main fact in this issue is him having a higher degree gave Him a stronger position and more eager The biggest problem that this team faced is the lack of experience in the Interpersonal skills, it seems like they didn’t know how to react to each Other opinion, instead of that the manager was unprofessional with her Reactions and Morris acted the same way. This problem can be solved if the manager had the ability to empower the Members and if she had the enough experience to accomplish a Professional work and business environment for all the members or at least As a project manager all she had to do is assign separate duties for each Member to do and avoid the issue instead of taking it in a personal manner. The lack of self confidence played a big role from the manager’s side in this Issue. A high degree of cooperation was needed by both sides in order for The problem to be solved. I don’t think carly should continue to be the project manager because its Obvious that she doesn’t have the skills or the enough experience to Manage the project, she has lack of confidence and she is unprofessional In her ways of communication with the members, she took the issue in a Personal way and that can’t be reasonable in a business environment. She has a poor leadership and the way she communicate with others is Unacceptable, she didn’t have the commitment to finish her job. To get the project back on track I will need to estimate the time that I have Left (the dead line) and create a work schedule for all the members to finish Their duties ontime.I have to work around defining the project means that I Have to understand and I have to gain an agreement with the members on The overall objectives, scope, risk, approach, budget, etc. There is a list of Steps that need to be taken to achieve the project goals: 1. Creat a clear understanding for the project goals and start a timely work Plan. 2. Make sure that every member of the team understands his/her duties And understands their part of the work that needs to be done. 3. Creating a list of goals that can be achievable for each member. 4. Create a profional work environment for the team with a higher degree of Cooperation. 5. Giving more trust and opinion respect for each team member

1. Explain some disadvantages of Cliff's current investment approach. At first one of the important disadvantages in Cliff’s current investment approach is that He has never taken the time to evaluate his portfolio performance. It has got serious Consequences and when he started investing in stocks and bonds he made his Selections on the basis of articles that he read and that is a highly risk decision for any Investor to take .basically there is a possibility that he can lose all of his investments in A very short period of Time, it is such an unprofessional step that can be taken in the Mutual funds, stocks and bonds investing, plus He may not achieve his financial Objectives at all. The amount of profits will depend on His financial situation and the market And the amount of his investment will depend on risk profile, Time horizon and Savings, So he needs to evaluate his portfolio continuously. As an investor he needs to have an active portfolio analysis and management. Portfolio Analyses takes the ingredients of risk and return for individual securities and considers The blending effect of combining securities, which at least will help him to prevent a lot Of money losing and the Portfolio management will help him in the dynamic function of Evaluating and revising in terms of stated objectives. That’s why a portfolio rebalancing Is very important to ensure that the strategy stays consistent and current with changes In the needs of the financial situation and market conditions that can change at any Time, there is different types of financial form that he can use like investing in shares of Companies equities and in this type he can chose between dividend or growth Investment, and there is bonds, CD accounts ,Cash Equivalents and Mutual funds. 2. Construct a portfolio for Cliff, limiting your selections to mutual funds (assume that he Sells his current stock and bond holdings). Make sure your plan indicates specific dollar Amounts for each portfolio component. Make sure your plan also explains your Selections for each portfolio component. I think it’s a good start that he already started investing, His main focus needs to be the Protection of his earning against disability resulting from injury or sickness. He needs to Be married in 3 years, His wish is also to take a long term saving plan for retirement. His portfolio will be of Moderate risk portfolio so here are some steps for him to take: Equity Funds which is 40% of the 90.000 = $36,000. Government Bond Funds which is 30% of the 90.000=$27000. Growth & Income Funds, that is 20%of the 90.000= $18000. Index Funds that is 10% of the 90.000= $9000. That will result to the Total $90000. 3. Explain how Cliff should periodically rebalance his portfolio, indicating how frequently Rebalancing should be done. Cliff needs to focus on his investments carefully and determine those that have had Losses then he need to sell them. Cliff can recognize a tax deduction for those losses Up to few thousands per year with the remainder carrying over to the following year and That will at least get him some of his money back plus he needs to keep his eyes Opened for new companies that can make him some money and what I mean is he Needs to keep looking for better deals and higher rates. Also he needs to invest in the 401k as much as possible, and if at any point he if Achieved His goals in one investment he needs to set new goals and that will pay off at the End. He needs to keep up with three main factors; first he needs keep the record of the total cost of each security at that time, as well as the total cost of his portfolio and That least give him the time to take any action if it is needed then he have to Compare On a chosen future date, review the current value of his portfolio and of each asset Class and calculate the weightings of each fund in his portfolio by dividing the current Value of each asset class by the total current portfolio value that will give him more Choices and option and at last he needs to adjust If he finds that changes in his asset Class weightings have distorted the portfolio's exposure to risk, he should take the Current total value of the portfolio and multiply it by each of the percentage, weightings Originally assigned to each asset class.