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The real estate and property market Dubai is among one of the best property markets in the world for many reasons. The rapid growth in real estate Dubai is mainly due to the continuous increase in the demand of real estate properties in Dubai. The tourism industry is also a major factor that has had its effects on the demand of real estate in Dubai and since the number of tourists and visitors coming to Dubai is continuously on the rise the demand of Dubai real estate and property is also continuously increasing. This growing demand in the Dubai property sector was sighted by many property investors around the globe and it is due to this fact Dubai started receiving massive investment in the real estate and property sector resulting in the construction of some of the most amazing and unique constructions the world has ever seen. This rapid growth in the real estate and property sector gave enormous boost to the economy Authentic Connor McDavid Jersey , created more jobs, and at the same time created more business opportunities in fact started a whole cycle making Dubai the business hub of the Middle Eastern region and bringing the real estate and property market Dubai among the best in the world.


The boom in the real estate and property market brought some of the most awesome constructions the world has ever seen, projects like The Palm, The World, Downtown Dubai Authentic Leon Draisaitl Jersey , Burj Khalifa, Dubai Marina, Arabian Ranches, Business Bay and many more. These constructions are not only huge and unique but are spectacular and a model of excellent architecture that has brought Dubai into modern age very quickly and it is due to project like these that the real estate and property market Dubai has start to gain the confidence of not only the investors from all over the world but the buyers from different parts of the world prefer buying real estate property in Dubai because of extraordinary quality of construction and amazingly pleasant and peaceful environment in Dubai. These are a few reasons why the real estate and property market Dubai is considered among the best real estate and property market in the world.


The increasing number of tourists and visitors and prospering economy which is bringing in more businesses and inviting the elite and the business class from all over the world has greatly increased the demand of accommodations in Dubai. Dubai hotel apartments are among the most favorite type of accommodations that is usually asked for by not only many of the tourists and visitors coming to Dubai but also by the business class and the elite class that come here various reasons. One of the main reason why people prefer staying in these hotel apartments is that you get privacy of an apartment with services, luxury Adam Larsson Jersey , and comfort of a luxury hotel and since there are so many of these hotel apartments available so easily that they become the first preference of most of the people looking for accommodations in Dubai, once again proving that the real estate and property market Dubai has prospered enough to provide such accommodation options to its visitors.


Part of planning for risk involves allocating each identified risk to a project milestone. Very often a milestone is attached to a payment, so a risk can also have an accurate value attached to it. By its nature, each risk will impact, if at all Kris Russell Jersey , at a certain time. For example, Milestone 1 is "Delivery of Software X, Issue A to the Customer".


If this risk impacts, we will not receive the Milestone 1 payment from the Customer. This payment has been planned to cover costs of staffing, materials Wayne Gretzky Jersey , sub-contractor payments and a variety of other project expenses including finance charges up to this point. The cost of this risk, or any other associated with this Milestone, impacting is basically the cost of borrowing that amount of money, from the time it should have been received up until the time when it is actually received.


In order to manage this risk, regular project meetings will be held Connor McDavid Jersey , a part of which will cover the progress of identified risks. The risk owner will report on each risk with their assessment of the likelihood its occurring. If the likelihood of any risk impacting increases, steps will be taken to implement the mitigation measures already identified.


In the case of this example, the mitigation measures might be "Introduce interim acceptance testing to identify problems early".


Let us assume that the introduction of this mitigation measure has become necessary and the interim acceptance testing has shown that the software is far from ready for delivery. This will mean that fall-back or contingency plans must be implemented.


This is a very undesirable state of affairs but such plans might be: "Introduce additional software engineering effort to identify and resolve bugs" or, assuming we don't have the personnel available to throw extra resources at the problem "Put project software engineers on overtime in order to identify and resolve bugs".


In themselves, these contingencies will Leon Draisaitl Jersey , of course, have a cost but this must be weighed up against the possibility of delaying the milestone payment and worse, failing to meet the milestone timescale. Once one milestone is late, it's very hard to catch up and much rescheduling is needed in order to still meet the end delivery date. Failing to meet milestones is usually very unpopular with the Customer and not at all likely to do the company's reputation any good.


On the up side, if a risk does NOT impact and the milestone with which it is associated is met Cheap Edmonton Oilers Jerseys , that risk can be deleted and forgotten, leaving time and space to concentrate on the next one.


Next in this series, we'll look at managing the risks associated with suppliers or sub-contractors.


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