This paper explores the relation between capital and risk in the life insurance industry in the period after the adoption of life risk-based capital (RBC) regulation. To examine this issue, we use a simultaneous-equation partial-adjustment model. Three equations express the interrelations among capital and two measures of risk: product risk and asset risk. The asset-risk measure used in this pa...

One of the common questions in all projects, is "How much would be the final cost of the project?" or "How much would be the completion duration of the project?". Earned Value Management presents a method for estimation of these results. In general methods and formula of Earned Value Management, future trend of project, are anticipated completely based on its previous trend, and changes in envi...

This paper presents a structured Project Risk Interactions Management (PRIM) process designed to make risk response planning decisions taking into account the complex interactions that potentially exist between project risks. Projects are facing tight constraints, uncertainty and change. Moreover, they are dealing with higher stakes and an ever-growing complexity, which implies that they are mo...

Software Effort estimation is the process of predicting the effort required to develop software project based on incomplete, uncertain and/or noisy input. Researchers have been working on estimation models to predict effort to be spent on a software project, which is still a complex problem. Estimation models derived by researchers are conclusion of studying large number of completed software p...

This paper describes a number of new ideas and technologies from the eld of knowledge based planning systems which could be used to build the next generation project management system The type of project management system described would allow di erent systems and users to cooperate in the project management task and communicate plans tasks alternatives and options between them The paper survey...

The paper proposes a novel predictive-reactive planning and scheduling framework in which both approaches are combined to complement each other in a reasonably balanced way. Neither original scheduling algorithms nor original techniques can be find in this paper. It also does not intend to invent new mechanisms or to propose some cardinally new ideas. The aim is to choose, adapt and test ideas,...

the aim of this paper is to highlight the issue of managerial competencies and competency model in industrial enterprises. this paper builds upon the theory of knowledge processing and its role as a theoretical basis for knowledge development in the area of managerial competencies. managerial competencies are becoming one of the key building blocks of success in a company to achieve both the mi...