Monetary Fund And The World Bank - 1554 Words

nternational Monetary Fund and The World Bank, though has a good purpose of their existence, they have come under lots of criticisms as to how they use the leverage of being in a position of helping poor countries to either recover from economic collapse or give them debt relief and economic boost from loans they give out to them to impose policies and condition that those poor countries has to implement. These loan conditions and policies structured by these international financial power institutions are geared towards moving resources from the poor countries to the rich western countries. The end result is creating a situation where the poor countries sunk into more economic suicidal condition in which they have to still depend on more loans or aids to survive and they would have to comply with any condition attached to the help, due to the urgent need of support. As history goes, the International Monetary Fund and its fraternal institution, The World Bank were created in 1944 after the second world war to rebuild Europe and its surrounding poor western countries. As stated â€Å"The Bank s first loans were extended during the late 1940s to finance the reconstruction of the war-ravaged economies of Western Europe†(Driscoll, 1996). But these funds were later extended to other poor countries who may need help with a boost in economy. This is what later became of the world bank s responsibility towards lending helping hand to poor countries. The IMF website state that â€Å"TheShow MoreRelatedThe World Bank And The International Monetary Fund1505 Words   |  7 Pagesclear Example, discuss the role and influence of The World Bank and the International Monetary Fund in the developing countries of Europe. Submission Date and Time: Monday 15 February 2016 before 3pm Word Count: Introduction What is the World Bank and the International Monetary Fund? The World Bank is an important source of financial and Technical help to countries that are still developing around the world. They are not a bank in a normal sense but instead is a partnership to helpRead MoreInternational Monetary Fund And The World Bank1679 Words   |  7 PagesTHE WORLD BANK AND IMF - HIPC International Monetary Fund and The World Bank, though has a good purpose of their existence, they have come under lots of criticisms as to how they use the leverage of being in a position of helping poor countries to either recover from economic collapse or give them debt relief and economic boost from loans they give out to them to impose policies and condition that those poor countries has to implement. These loan conditions and policies structured by these internationalRead MoreInternational Monetary Fund And The World Bank1561 Words   |  7 PagesTHE WORLD BANK AND IMF - HIPC International Monetary Fund and The World Bank, though has a good purpose of their existence, they have come under lots of criticisms as to how they use the leverage of being in a position of helping poor countries to either recover from economic collapse or give them debt relief and economic boost from loans they give out to them to impose policies and condition that those poor countries has to implement. These loan conditions and policies structured by these internationalRead MoreThe International Monetary Fund And World Bank Group1644 Words   |  7 PagesThe International Monetary Fund and World Bank Group The International Monetary Fund (IMF) and the World Bank have had enormous impact upon the world’s economies since their inception, after World War II. Although each of these organizations has a similar history, their role, objectives and funding are unique. These Washington DC-based organizations have drawn more than their share fair share of criticism as well as praise. Modern nations require thoroughly understand of these organizations. TheRead MoreInternational Monetary Fund : The Imf And The World Bank1252 Words   |  6 PagesThe International Monetary Fund, otherwise known as the IMF and the World Bank are two of the most economic organizations. While they are both economic organizations, they have different objectives. In order to understand these objectives, one must know why these organizations were formed and what if anything they have accomplished. Based on said accomplishments and also based on their initial goals, one can infer which of the two has been a succe ss. Therefore, it can be said that when it comes toRead MoreInternational Monetary Fund ( Imf ) And The World Bank948 Words   |  4 PagesInternational Monetary Fund (IMF) and the World Bank†. The HIPC Initiative was initiated by the International Monetary Fund and the World Bank in 1996. In 2001 Ghana declared itself as heavily indebted poor country, according to the then president John Agyekum Kuffour, the decision of Ghana to be part of this initiative was mainly because of the poor state of the economy. As a result of this the nation was expected to receive a total of 253 million dollars of IMF and the World Bank to help relieveRead MoreThe International Monetary Fund And The World Bank Were1419 Words   |  6 PagesThe International Monetary Fund and the World Bank were formed at the Britton Woods Conference in New Hampshire, United States, in 1944. They were designed as the mainstay of the post-war global economic order. The World Bank s focus is the provision of lon g-term loans to support development projects. The IMF concentrates on providing loans to stabilize countries with short-term financial crises Critics of the World Bank and IMF have argued that policies implemented by African Countries, intendedRead MoreInternational Monetary Fund ( Imf ) And World Bank1251 Words   |  6 PagesInternational Monetary Fund (IMF) and World Bank are both international financial institutes that where formed in July 1944 by the United Nation in Bretton Woods, United States. They are sometimes referred to as The Bretton Woods Institutes. They are both landers of last resort and they both offer loans and help countries design policy programs to solve balance of payments problems when sufficient finance cannot be obtained by the country. IMF offers short and medium term loans whilst World Bank offersRead MoreThe Role Of International Monetary Fund And The World Bank Positions3698 Words   |  15 Pagesinternational organizations all could be a complex function in terms of the World problems. This essay discusses the role of the International Monetary Fund and the World Bank positions in the World life. The essay will reflects the two organizations purposes, also provide an inside to the operation system, decision making, structure and shows some example for the failure or success of the institutions. Finding International Monetary Fund (IMF) aims to maintain and defeat and sometimes to restrain the financialRead MoreHostility Against the World Trade Organization, International Monetary Fund, and World Bank804 Words   |  3 Pagesï » ¿Hostility against the World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank Far from being seen as objective entities, the World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank are often conceptualized as instruments of the developed world. It is alleged that they are used to enforce crippling economic policies upon the developing world. To some extent, it is perhaps inevitable that these international institutions are seen as such. The memory

Comarative Analysis of Video Games Free Essays

Comparative Study of Video Gaming Systems Final Report Due Date: August 10, 2011 Table of Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 Research Data†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 Results†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 17 Conclusions†¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦24 Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 25 Bibliography†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. We will write a custom essay sample on Comarative Analysis of Video Games or any similar topic only for you Order Now 27 List of Figures Graph 1. 1: Role-Playing Games Bar Graph Graph 1. 2: Adventure Games Bar Graph Graph 1. 3: Platformer Games Bar Graph Table 1. 1: Xbox 360 – Hardware Specification Table 1. 2: Xbox 360 – Total Games in Preferred Genres Table 1. 3: Wii – Hardware Specification Table 1. 4: Wii – Total Games in Preferred Genres Table 1. 5: Playstation 3 – Hardware Specificaton Table 1. 6: Playstation 3 – Total Games in Preferred Genres Table 1. 7: Comparing Costs Table 1. 8: Comparing Hardware Specifications Table 1. 9: Comparing Games Offered pt. 1 Table 1. 10: Comparing Games Offered pt. 2 Table 1. 11: Comparing Target Demographic Table 1. 12: Comparing Common Hardware Malfunctions and Glitches Table 1. 13: Comparing Movie-Playing Features Table 1. 14: Overall Ranking Table 1. 15: Retail Locations and Prices Introduction Pascal, after remodeling your house and adding a bonus/entertainment room, you mentioned that you would love to buy a new video gaming system. The last video gaming system that you owned was a Nintendo 64, which pales in comparison to the systems available today. Since owning a Nintendo 64, your experience with playing video games has been limited to playing MMORPGs (Massive Multi-player Online Role Playing Games) on your personal computer. I have been researching your options and am constantly considering your preferences and restrictions. Your primary preference is game genre, with your most preferred genre being Role-Playing. Several other genres that you are interested in are Action, Adventure, Platformers, and Strategy. Your only real restriction is a spending limit of $700 for your entire gaming setup. Other preferences that have been noted are the system’s Blu-Ray capabilities, and that the system targets a mature audience. The three most prominent video gaming systems on the market that fit your preferences are Microsoft’s Xbox 360, Nintendo’s Wii, and Sony’s Playstation 3. The following criteria are being used to evaluate your options. Cost * Hardware Specifications * Games Offered * Target demographic * Common Hardware Malfunctions and Glitches * Movie-Playing Features The remaining contents of this comparative study will be organized into the several sections. RESEARCH DATA will be presented organized first by option and then by evaluative criteria. Each of the evaluative criteria will be compared in the RESULTS section by showing the results for each option side-by-side. These results will be totaled and a final CONCLUSION will be made. Finally, I will make a RECOMMENDATION as to the most appropriate course of action. Research Data Microsoft Xbox 360 Cost: $199. 99 – includes a 4GB console with built-in wi-fi, one wireless controller, A/V cables, and a one-month subscription to Xbox LIVE Gold. Hardware Specification: The following table shows vital hardware specifications that are important to your gaming preferences. Table 1. 1: Xbox 360 – Hardware Specification * Media Type| * DVD| * CPU| * 3. 2  GHz PowerPC Tri-Core Xenon| * Internal Memory| * 4 GB Flash| * RAM| * 512 MB| * Online Services| * Xbox Live| * Online Multi-Player Services| * Yes| * Connector Types| 1 x AV cable port,5 x USB 2. , 1 x Kinect port,1 x HDMI output1 x SPDIF output,1 x Ethernet| * * Games Offered: The following table shows how many Xbox 360 games are offered in your three most preferred genres. Table 1. 2: Xbox 360 – Total Games in Preferred Genres Genre| Titles Available| Action| 563| Role-Playing| 108| Strategy| 48| The following images show compiled game review scores by genre to show which conso le does best for several preferable genres. The results have been split into two types for each console. The lighter shaded color bars show the average score for all games for the specified system in that genre. The darker shaded color bars show the average score of just the top 5 best-scoring games in that genre for the specified system. Graph 1. 1: Role-Playing Games Bar Graph Graph 1. 2: Adventure Games Bar Graph Graph 1. 3: Platformer Games Bar Graph Target Demographic: The target demographic of the Xbox 360 is most easily identified and quantified by looking at the ESRB ratings of the most popular game titles. The following is a list of the number of Xbox 360 titles offered for each ESRB game rating. EVERYONE – 303 Titles rated E (Everyone) have content that may be suitable for ages 6 and older. Titles in this category may contain minimal cartoon, fantasy or mild violence and/or infrequent use of mild language. EVERYONE 10+ – 213 Titles rated E10+ (Everyone 10 and older) have content that may be suitable for ages 10 and older. Titles in this category may contain more cartoon, fantasy or mild violence, mild language and/or minimal suggestive themes. TEEN – 535 Titles rated T (Teen) have content that may be suitable for ages 13 and older. Titles in this category may contain violence, suggestive themes, crude humor, minimal blood, simulated gambling, and/or infrequent use of strong language. MATURE – 491 Titles rated M (Mature) have content that may be suitable for persons ages 17 and older. Titles in this category may contain intense violence, blood and gore, sexual content and/or strong language. RATING PENDING – 149 Titles listed as RP (Rating Pending) have been submitted to the ESRB and are awaiting final rating. (This symbol appears only in advertising prior to a game’s release. ) Common Hardware Malfunctions and Glitches: The ten most common hardware malfunctions and glitches for the Xbox 360 are as follow: * 3 red flashing lights, also known as â€Å"Red Ring of Death† * Open tray and/or disc error messages * No video or only audio DVD laser replacement * DVD drive replacement * System freezes, dotted video or similar issues * 1 red light, E74 * 2 red lights * Stuck DVD tray * White screen Most of these issues must be dealt with by professionals and will be costly. Self-repair is a possibility, but is not recommended. Most systems run into issues eventuall y, but the Xbox runs into hardware problems more frequently than the other options. Movie-Playing Features: The Xbox 360 is capable of playing the following types of multimedia discs (list does not include Blu-Ray): * Xbox 360 Discs * Xbox 1 Discs * DVDs * CDs * DVD-R * DVD+R * DVD-RW * DVD+RW * CD-R CD-RW * Dual Discs Nintendo’s Wii Cost: $149. 99 – includes one remote controller, one nun chuck controller, one wheel controller, one sensor bar, and Mario Kart for Wii. Hardware Specification: The following table shows vital hardware specifications that are important to your gaming preferences. Table 1. 3: Wii – Hardware Specification * Media Type| * Flash Memory Card, * Nintendo Wii Disc, * Nintendo GameCube Disc| * CPU| * 729 MHzIBM PowerPC â€Å"Broadway†| * Internal Memory| * 512 MB| * RAM| * 512 MB| * Online Services| * Nintendo Wi-Fi Connection, WiiConnect24,| * Online Multi-Player Services| * Yes| Connector Types| (4 pin USB Type A),4 x Game controll er,Component video output,Composite video output,S-Video output,2 x USB| * Games Offered: The following table shows how many Wii games are offered in your three most preferred genres. Table 1. 4: Wii – Total Games in Preferred Genres Genre| Titles Available| Action| 593| Role-Playing| 33| Strategy| 32| Also, see the graphics and information in the section Microsoft’s Xbox 360 – Games Offered. Target Demographic: The target demographic of the Nintendo Wii is most easily identified and quantified by looking at the ESRB ratings of the most popular game titles. The following is a list of the number of Wii titles offered for each ESRB game rating. EVERYONE – 916 Titles rated E (Everyone) have content that may be suitable for ages 6 and older. Titles in this category may contain minimal cartoon, fantasy or mild violence and/or infrequent use of mild language. EVERYONE 10+ – 355 Titles rated E10+ (Everyone 10 and older) have content that may be suitable for ages 10 and older. Titles in this category may contain more cartoon, fantasy or mild violence, mild language and/or minimal suggestive themes. TEEN – 374 Titles rated T (Teen) have content that may be suitable for ages 13 and older. Titles in this category may contain violence, suggestive themes, crude humor, minimal blood, simulated gambling, and/or infrequent use of strong language. MATURE – 57 Titles rated M (Mature) have content that may be suitable for persons ages 17 and older. Titles in this category may contain intense violence, blood and gore, sexual content and/or strong language. RATING PENDING – 61 Titles listed as RP (Rating Pending) have been submitted to the ESRB and are awaiting final rating. This symbol appears only in advertising prior to a game’s release. ) Common Hardware Malfunctions and Glitches: Three common hardware malfunctions and Glitches for the Wii console are as follows: * Power Supply Issue * WiConnect 24 Issue * Dual Layer Wii Disc Problem All of these minor issues are covered by warranty and do not occur on the same scale as other video gaming system. The most common issue relating to the Wii system occurs when an excess of light interferes with the Wii Remote. Movie-Playing Features: The Nintendo Wii is only capable of playing Wii and GameCube discs and does ot support the playing of DVD or Blu-Ray Discs. Sony’s Playstation 3 Cost: $299. 99 – Includes access to the Playstation Network at no charge, 160GB harddrive, and one wireless controller. Hardware Specification: The following table shows vital hardware specifications that are important to your gaming preferences. Table 1. 5: Playstation 3 – Hardware Specificaton * Media Type| * Blu-Ray| * CPU| * 3. 2 GHz IBM Cell Broadband Engine (8-core)| * Internal Memory| * 160 GB HDD| * RAM| * 256 MB XDRAM| * Online Services| * Playstation Network| * Online Multi-Player Services| * Yes| Connector Types| 2 x USB,1 x Ethernet,1 x HDMI output,1 x PlayStation 3 AV output,1 x SPDIF output| * Games Offered: The following table shows how many Playstation 3 games are offered in your three most preferred genres. Table 1. 6: Playstation 3 – Total Games in Preferred Genres Genre| Titles Available| Action| 536| Role-Playing| 117| Strategy| 33| Also, see the graphics and information in the section Microsoft’s Xbox 360 – Games Offered. Target Demographic: The target demographic of the Playstation 3 is most easily identified and quantified by looking at the ESRB ratings of the most popular game titles. The following is a list of the number of Playstation 3 titles offered for each ESRB game rating. EVERYONE – 481 Titles rated E (Everyone) have content that may be suitable for ages 6 and older. Titles in this category may contain minimal cartoon, fantasy or mild violence and/or infrequent use of mild language. EVERYONE 10+ – 186 Titles rated E10+ (Everyone 10 and older) have content that may be suitable for ages 10 and older. Titles in this category may contain more cartoon, fantasy or mild violence, mild language and/or minimal suggestive themes. TEEN – 529 Titles rated T (Teen) have content that may be suitable for ages 13 and older. Titles in this category may contain violence, suggestive themes, crude humor, minimal blood, simulated gambling, and/or infrequent use of strong language. MATURE – 373 Titles rated M (Mature) have content that may be suitable for persons ages 17 and older. Titles in this category may contain intense violence, blood and gore, sexual content and/or strong language. RATING PENDING – 145 Titles listed as RP (Rating Pending) have been submitted to the ESRB and are awaiting final rating. (This symbol appears only in advertising prior to a game’s release. ) Common Hardware Malfunctions and Glitches: The five most common Playstation 3 hardware malfunctions and glitches are as follows: * Yellow light of death (3 red light beeps) * Not reading games/blu-rays * No video * Stuck discs * No power Doing self-repair is very difficult on the Playstation 3 is highly discouraged. Most of these issues are not easy fixes and require the replacement of key components. Movie-Playing Features: The Playstation 3 is capable of playing the following types of multimedia discs (list includes Blu-Ray): * Playstation 1,2, and 3 Discs * Blu-Ray Discs * DVDs * CDs * DVD-R * DVD+R * DVD-RW DVD+RW * CD-R * CD-RW * Dual Discs RESULTS Comparing Costs The following table shows your three options with their prices and a ranking based on affordability. Table 1. 7: Comparing Costs Option| Cost| Ranking (1-Best Option)| Microsoft’s Xbox 360| $199. 99| 2| Nintendo’s Wii| $149. 99| 1| Sony’s Playstation 3| $299. 99| 3| BEST OPTION: All Because you have already identified that your spending lim it is $700 for a gaming setup, none of these options go against your cost preference. Cost is not a preventative factor in purchasing a video gaming system based on this information. However, if you decide that you would like to readjust your spending limit given the substantial difference between your limit and the prices of the systems, the Wii is your best option. Comparing Hardware Specifications The table below lists the hardware specifications for each option, and also includes the online capabilities of each system and their respective networks. Table 1. 8: Comparing Hardware Specifications | Options| Hardware Specification| Xbox 360| Wii| Playstation 3| * * Media Type| * * DVD| * * Flash Memory Card, * Nintendo Wii Disc, * Nintendo GameCube Disc| * * Blu-Ray| * * CPU| * * 3.   GHz PowerPC Tri-Core Xenon| * * 729 MHzIBM PowerPC â€Å"Broadway†| * * 3. 2 GHz IBM Cell Broadband Engine (8-core)| * * Internal Memory| * * 4 GB Flash| * * 512 MB| * * 160 GB HDD| * * RAM| * * 512 MB| * * 512 MB| * * 256 MB XDRAM| * * Online Services| * * Xbox Live| * * Nintendo Wi-Fi Connection, WiiConnect24,| * * Playstation Network| * * Online Multi-Player Services| * * Yes| * * Yes| * * Yes| * * Connector Types| 1 x AV cable port,5 x USB 2. , 1 x Kinect port,1 x HDMI output1 x SPDIF output,1 x Ethernet| (4 pin USB Type A),4 x Game controller,Component video output,Composite video output,S-Video output,2 x USB| 2 x USB,1 x Ethernet,1 x HDMI output,1 x PlayStation 3 AV output,1 x SPDIF output| * Ranking| 1| 3| 2| BEST OPTION: Microsoft’s Xbox 360 Because your preference is to play online Role-Playing Games, the focus of the hardware specification criterion has to be online capabilities. When it comes to online game-play, Xbox 360 has the technical specifications to make it the best option. One of the most important specifications in a system is its processor speed. The Xbox 360 boasts a 3. 2  GHz PowerPC Tri-Core Xenon processor, which is the same speed as the Playstation 3, but far superior to the Wii. When it comes to intense online game play with potentially dozens of other players, it is important to have a processor that can keep up. To keep the whole system running smoothly and minimize lag time, it is also important to have a substantial amount of RAM. The Xbox 360 and Playstation 3 have 512 MB or RAM, while the Wii only has 256 MB. At this point, the Xbox and Playstation 3 are nearly equal in terms of specifications that lean toward online gaming. What really pushes the Xbox 360 in the lead is their network: Xbox Live. As of 2011, Xbox Live has over 30 million users worldwide. Most of the games that are played on the Xbox Live network are geared toward your gaming preference of Role-Playing and Adventure games. However, due to the massive size of the network and the sheer number of users, even a less popular category like Strategy is available for multi-player gaming. According to Michael McNeilly, an experienced Xbox 360 online gamer, â€Å"There is really nothing like the Xbox Live network out there. The network for PS3 is okay, but it isn’t nearly as big and has a lot of bugs that still haven’t been worked out. † Michael Mcneilly has played all of the other systems extensively, but due to his love for online gaming, he chose the Xbox 360. Ralph Jones, an avid Wii owner and player, explained to me that he really has no need to play online. He mostly enjoys the physical nature of the Wii’s gameplay, and doubts that the Wii is even capable of serious online gaming. According to Kyle Johnson, an avid gamer and owner of all three options, the Wii is not a competitive option in terms of online gaming. When asked about the Playstation 3 and its online gaming community, Kyle explained that there is a reason that the Playstation Network does not have a subscription fee. It is not adequate when compared to Xbox Live, and the number of users sometimes makes it hard to play the less popular games online. Clearly, the Xbox 360 offers the best of both worlds. It has a massive online gaming community and also boasts a powerful 3. GHz processor. With processor speed and RAM that are equal to the Playstation 3 and far superior to the Wii, the Xbox Live community is what gives the Xbox 360 the top ranking and makes it the best option in terms of hardware specification. Comparing Games Offered Table 1. 9 lists a calculated average of the two figures previously provided in graphs 1. 1, 1. 2, and 1. 3. These figures were mean game-review scores of all games in t hree genres, and mean scores of the top-five best-selling games for the three genres. Table 1. 9: Comparing Games Offered pt. 1 | Options| Genre| Xbox 360| Wii| Playstation 3| Role-Playing Games| 79. 4| 72. 7| 71. 75| Adventure Games| 76. 1| 76. 7| 77. 9| Platformer Games| 76. 2| 72. 2| 76. 2| Ranking| 1| 3| 2| Table 1. 10 shows how many games are available for each system in your most preferred genre: Role-Playing Games. Table 1. 10: Comparing Games Offered pt. 2 | Options| Genre| Xbox 360| Wii| Playstation 3| Role-Playing Games| 108| 33| 117| Ranking| 2| 3| 1| BEST OPTION: Microsoft’s Xbox 360 Based on the averages found for all five relevant genres, the Xbox 360 is the best option for the Games Offered criterion. Even though the Playstation 3 has a slightly higher total number of Role-Playing Games available for sale, it does not outweigh the fact that the Xbox 360 scored significantly higher on overall game-review scores. It is generally more important to have higher-rated games than a greater quantity of lower-rated games. For this reason, the Xbox 360 is the best choice for the Games Offered criterion. Comparing Target Demographic Table 1. 11 displays your three options and the total number of ratings received for each rating category out of all games available for each system. Table 1. 11: Comparing Target Demographic Options (Number of Ratings)| Rating| Microsoft’s Xbox 360| Nintendo’s Wii| Sony’ Playstation 3| Everyone| 303| 916| 481| Everyone 10+| 213| 355| 186| Teen | 535| 374| 529| Mature| 491| 57| 373| Rating Pending| 145| 61| 145| Ranking| 1| 3| 2| BEST OPTION: Microsoft’s Xbox 360 Based on all of the games available for each gaming system, the Xbox 360 has the most games with ratings in the Mature and Teen categories. Since you, Pascal, are an adult and prefer the types of games that are most commonly rated Teen and Mature, the Xbox 360 gets the top rank for the Target Demographic criterion. Sony’s Playstation 3 comes in second with a comparable number of games in the Teen and Mature rating categories, but they are not quite as high as the Xbox 360. Nintendo’s Wii has least number of ratings in each of those categories. The Wii has a staggeringly low number of games in the Mature category at 57, and roughly 150 less games in the Teen category than the Xbox 360 and Playstation 3. This makes it clear that the Xbox 360 is geared toward an adult audience, and will likely have more games that suit the preferences of an adult. The Playstation 3 is a close second, but still offers significantly less games in the Mature category. The Wii seems to be geared toward a younger, less mature audience, and will likely have the least number of games that will fit your preferences. With all of this considered, it is clear that the Xbox 360 is the best option for the Target Demographic criterion. Comparing Common Hardware Malfunctions and Glitches Table 1. 11 shows all of the common hardware malfunctions and glitches for each option. This table also assigns a ranking (1 being the system with the overall least severe hardware problems relative to the other options). Table 1. 12: Comparing Common Hardware Malfunctions and Glitches | Options| Microsoft’s Xbox 360| Nintendo’s Wii| Sony’s Playstation 3| Common Hardware Malfunctions and Glitches| *Complete System Crash – â€Å"Red Ring of Death†*Basic Hardware Failure (eg. DVD tray and laser failure)| *Power Supply Issue*WiConnect24 Issue*Dual-Layer Wi Disc Failure| *Complete System Crash –â€Å"Yellow Lights of Death†| Rankin g| 2| 1| 3| BEST OPTION: Nintendo’s Wii Based on this table and other research, I have identified Nintendo’s Wii as your best option for the Common Hardware Malfunctions and Glitches criterion. Even though the Wii does run into problems occasionally, they are rarely as severe as they are with the other options. All of the problems listed for the Wii are covered by warranty and are not worthy of complete system replacement. Alternatively, the Xbox 360 and Playstation 3 both commonly run into full system crashes, which render the system unusable. Kyle Johnson, an avid gamer and owner of all three options, has never run into a problem with his Wii, but has experienced full system crashes on both his Xbox 360 and Playstation 3. The only reason the Xbox 360 is ranked higher than the Playstation 3 is because self-repair on the Playstation 3 is strongly discouraged. Kyle Johnson and Michael McNeilly have both performed minor repairs on their Xbox 360’s, but have never dared to open up their Playstation 3’s. With all things considered, Nintendo’s Wii is the best option for the Common Hardware Malfunctions and Glitches criterion. Comparing Movie-Playing Features Table 1. 13 below shows all of the media discs played by each option, and whether or not that option satisfies your preference of having a built-in Blu-Ray player. Table 1. 13: Comparing Movie-Playing Features | Options| | Xbox 360| Wii| Playstation 3| Media Discs Played| * Xbox 360 Discs * Xbox 1 Discs * DVDs * CDs * DVD-R * DVD+R * DVD-RW * DVD+RW * CD-R * CD-RW * Dual Discs | * Wii Discs * GameCube Discs| * Playstation 1,2, and 3 Discs * Blu-Ray Discs * DVDs * CDs * DVD-R * DVD+R * DVD-RW * DVD+RW * CD-R * CD-RW * Dual Discs | Satisfies Preference? | No| No| Yes| Ranking| 2| 3| 1| BEST OPTION: Sony’s Playstation 3 Based on the media discs that each option offers, Sony’s Playstation 3 is the obvious choice for the top rank in the Movie-Playing Features criterion. The Playstation 3 is capable of playing both DVDs and Blu-Rays, while the Xbox 360 is only capable of playing DVDs. The Nintendo Wii, however, cannot even play DVDs. Because you have identified that you prefer a video gaming system that has a built-in Blu-Ray player, the Playstation 3 is the best option for the Movie-Playing Features criterion. CONCLUSIONS Table 1. 14 lists the rankings of each of the six evaluative criteria used throughout this report. In order to come to an overall conclusion as to which option to select, I have assigned reversed point values to the previously determined rankings. If, for instance, an option received a ranking of 1, it would be valued a 3. A ranking of 2 receives a value of 2, and a ranking of 3 is valued a 1. The total number of points will be shown at the bottom of the table along with the final ranking. The video gaming system with the highest number of points will be ranked as 1 and will be your best option. Table 1. 14: Overall Ranking | Options| Evaluative Criteria| Xbox 360| Wii| Playstation 3| Cost| 1| 1| 1| Hardware Specification| 1| 3| 2| Games Offered| 1| 3| 2| Target Demographic| 1| 3| 2| Common Hardware Malfunctions and Glitches| 2| 1| 3| Movie-Playing Features| 2| 3| 1| Total Points| 16| 10| 13| Overall Ranking| 1| 3| 2| RECOMMENDATIONS It has been determined that Microsoft’s Xbox 360 is the best option, and I would like to recommend to you several retailers where it is available for purchase. The price is universal when bought new, but may vary depending on bundling and other promotions. I have prepared a table showing three popular retailers, the nearest location, and the price of the Xbox 360 4GB system. Table 1. 15: Retail Locations and Price Retailers and Locations| Price| GameStop(425) 895-833116475 NE 74TH STRedmond, WA 98052| $199. 99| Target(425) 482-641013950 NE 178th PlWoodinville, WA 98072| $199. 99| Walmart(425) 741-94451400 164Th St SwLynnwood, WA 98087| $199. 99| Throughout my research I began to realize that the final outcome would depend heavily on how much any criterion was valued. Based on your personal preferences, the best choice is the Xbox 360. However, if you decided that you valued having a Blu-Ray player above everything else, then the Playstation 3 would be the best option. If you decided that the only way to play Role-Playing Games was to use a remote and a nun chuck, then the Wii would be the best choice. It all depends on the valuing of any particular criterion. If you are interested in doing further research, the bibliography lists all sources used. My personal interviewees may be available if you would like to ask them questions, and all of my other sources have a variety of useful and reliable information. Based on everything I have learned from this report and my personal experience with the system, I believe that the Xbox 360 is the best choice for a video gaming system. Bibliography â€Å"Console at Nintendo – Wii. † Nintendo Wii Console. Web. 07 Aug. 2011. Dotree, Phil. â€Å"3 Common Wii Technical Problems. † Associated Content from Yahoo! – Associatedcontent. com. Web. 04 Aug. 2011. â€Å"ESRB Ratings Guide and Definitions. † Entertainment Software Rating Board. Web. 04 Aug. 2011. â€Å"How to Fix Common Xbox 360 Problems: Same Day Repairs, Low Prices. † Same-day Xbox Repair. Web. 04 Aug. 2011. Johnson, Kyle. Owns All Three Options, Personal interview. 29 July 2011. Jones, Ralph. Wii Owner, Personal interview. 30 July 2011. McNeilly, Michael. Xbox 360 Owner, Personal Interview. 0 July 2011. â€Å"Microsoft Xbox 360 Slim Specs (4GB) – Consoles – CNET Reviews. † Product Reviews – Electronics Reviews, Computer Reviews ; More – CNET Reviews. Web. 04 Aug. 2011. â€Å"Nintendo Wii Specs (original, Wii Sports Bundle) – Consoles – CNET Reviews. † Product Rev iews – Electronics Reviews, Computer Reviews ; More – CNET Reviews. Web. 04 Aug. 2011. â€Å"PlayStation 3 – 160 GB System. † PlayStation – PS3. Web. 04 Aug. 2011. â€Å"Playstation 3 Search – GameStop. † Games for PS3. Web. 04 Aug. 2011. â€Å"Sony PlayStation 3 Slim Specs (160GB) – Consoles – CNET Reviews. Product Reviews – Electronics Reviews, Computer Reviews More – CNET Reviews. Web. 04 Aug. 2011. Towell Justin, Games Radar UK, â€Å"Which console does best and worst in each genre? † 09 Aug. 2011. â€Å"Wii Search – GameStop. † Games for Wii. Web. 04 Aug. 2011. â€Å"Xbox 360 4GB Console – Xbox. com. † Xbox 360 – Official Site – Xbox. com. Web. 04 Aug. 2011. â€Å"Xbox 360 Game Search – GameStop. † Games for Xbox 360. Web. 04 Aug. 2011. ———————————— Ã¢â‚¬â€Ã¢â‚¬â€œ [ 1 ]. â€Å"Xbox 360 4GB Console – Xbox. com. † Xbox 360 – Official Site – Xbox. com. Web. 04 Aug. 2011. [ 2 ]. â€Å"Microsoft Xbox 360 Slim Specs (4GB) – Consoles – CNET Reviews. † Product Reviews – Electronics Reviews, Computer Reviews More – CNET Reviews. Web. 04 Aug. 2011. . [ 3 ]. â€Å"Xbox 360 Game Search – GameStop. † Games for Xbox 360. Web. 04 Aug. 2011. . [ 4 ]. Towell Justin, Games Radar UK, â€Å"Which console does best and worst in each genre? † 09 Aug. 2011. [ 5 ]. Towell [ 6 ]. Towell [ 7 ]. Towell [ 8 ]. Towell [ 9 ]. Towell [ 10 ]. GameStop [ 11 ]. GameStop [ 12 ]. â€Å"ESRB Ratings Guide and Definitions. † Entertainment Software Rating Board. Web. 04 Aug. 2011. . [ 13 ]. Xbox 360 Game Search – GameStop [ 14 ]. ESRB [ 15 ]. Xbox 360 Game Search – GameStop [ 16 ]. ESRB [ 17 ]. Xbox 360 Game Search – GameStop [ 18 ]. ESRB [ 19 ]. Gamestop Xbox 360 Search [ 20 ]. ESRB [ 21 ]. â€Å"How to Fix Common Xbox 360 Problems: Same Day Repairs, Low Prices. † Same-day Xbox Repair. Web. 04 Aug. 2011. . [ 22 ]. Johnson, Kyle. Owns All Three Options, Personal interview. 29 July 2011. [ 23 ]. Johnson [ 24 ]. Johnson [ 25 ]. â€Å"Console at Nintendo – Wii. † Nintendo Wii Console. Web. 07 Aug. 2011. . [ 26 ]. â€Å"Nintendo Wii Specs (original, Wii Sports Bundle) – Consoles – CNET Reviews. Product Reviews – Electronics Reviews, Computer Reviews More – CNET Reviews. Web. 04 Aug. 2011. . [ 27 ]. â€Å"Wii Search – GameStop. † Games for Wii. Web. 04 Aug. 2011. . [ 28 ]. Towell [ 29 ]. Wii Search – GameStop [ 30 ]. Wii Search – GameStop [ 31 ]. ESRB [ 32 ]. Wii Search â€⠀œ GameStop [ 33 ]. ESRB [ 34 ]. Wii Search – GameStop [ 35 ]. ESRB [ 36 ]. Wii Search – GameStop [ 37 ]. ESRB [ 38 ]. Xbox 360 Game Search – GameStop [ 39 ]. ESRB [ 40 ]. Dotree, Phil. â€Å"3 Common Wii Technical Problems. † Associated Content from Yahoo! – Associatedcontent. com. Web. 4 Aug. 2011. . [ 41 ]. Dotree [ 42 ]. Jones, Ralph. Wii Owner, Personal interview, 30 July 2011. [ 43 ]. Jones [ 44 ]. â€Å"PlayStation 3 – 160 GB System. † PlayStation – PS3. Web. 04 Aug. 2011. . [ 45 ]. â€Å"Sony PlayStation 3 Slim Specs (160GB) – Consoles – CNET Reviews. † Product Reviews – Electronics Reviews, Computer Reviews More – CNET Reviews. Web. 04 Aug. 2011. . [ 46 ]. â€Å"Playstation 3 Search – GameStop. † Games for PS3. Web. 04 Aug. 2011. . [ 47 ]. Towell [ 48 ]. Playstation 3 Search – GameStop [ 49 ]. Playstation 3 Search – GameStop [ 50 ]. ESRB 51 ]. Playstation 3 Search – GameStop [ 52 ]. ESRB [ 53 ]. Playstation 3 Search – GameStop [ 54 ]. ESRB [ 55 ]. Playstation 3 Search – GameStop [ 56 ]. ESRB [ 57 ]. Playstation 3 Search – GameStop [ 58 ]. ESRB [ 59 ]. How to Fix Common Xbox 360 Problems [ 60 ]. Johnson [ 61 ]. Johnson [ 62 ]. Johnson [ 63 ]. 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Types Of Project Management Methodology †MyAssignmenthelp.com

Question: Discuss about the Types Of Project Management Methodology. Answer: Definition of Project Methodology The word methodology refers to the system of methods used in a particular activity. Project methodology is a therefore a guiding process that helps in proper implementation of a project. Project methodology is not tool specific but a set of rules that helps in proper implementation of a project. It therefore provides a proper strategic plan for successful project implementation (Leau et al., 2012). According to pundak, (2014), methodology of a project can be defined as a standard for choosing different process, procedures and techniques for implementation of a project. Project methodology can further be defined as proper application of project management knowledge, tools and techniques for successful project implementation (Schwalbe, 2015). Therefore, it can be said that a project methodology plays a significant role in ensuring a project success. There is an increasing need for using a proper project methodology in project implementation as it ensures implementation of a project in a planned approach. There are differentproject management methodologies that can be undertaken by analysing the project requirements. The different types of project management methodology include waterfall, PRINCE2, Agile XP and agile scrum. Analyzing PMBOK and PRINCE2 PMBOK is a project management standard that defines the different tools and techniques required for successful project implementation. The Project Management Body of Knowledge provides a set of guidelines that gives an overview of the different project management practices. The 10 knowledge areas of PMBOK provide a detailed overview of the different processes associated with the process of project planning and implementation of a project. The PRINCE2 project methodology can be defined as a process based method that provides an effective project management solution. PRINCE2 is a widely recognized project management methodology that manages the project after dividing it into certain controllable units. Segregation of a project into certain manageable units makes it easier to track and update the project progress. The similarities and the differences between these two approach of project management is discussed in the following section- Analysis of Similarities between PMBOK and PRINCE2 The similarities between PMBOK and PRINCE2 are as follows- PMBOK and PRINCE2 both provide an idea of structured project implementation. PMBOM ensures that proper project management tools and techniques are used to implement a project in a planned approach. The PRINCE2 project methodology ensures implementation of a project in a controlled environment (Karaman Kurt, 2015). Therefore, both the processes can be used to implement a project thorough supervision. Both PMBOK and PRINCE2 ensure that the project undergoes proper processes of risk management before its implementation. Risk management is an important aspect of project management and both this approaches includes risk management at the initiation phase of the project. Both the approaches ensure there is a proper communication flow in the project. Communication plan therefore is a major necessity for both the approaches. However, both PMBOK and PRINCE2 differ from each other in a number of aspects. The dissimilarities between PRINCE2 and PMBOK are discussed in the following section. Dissimilarities between PMBOK and PRINCE2 The dissimilarities between PMBOK and PRINCE2 are as follows- PMBOK is a standard while PRINCE2 is a project methodology. Therefore, there is huge difference in the implementation approach of both the processes (Matos Lopes, 2013). The working principle of PRINCE2 methodology includes implementation of a project in controlled environment. This makes the process of tracking the project progress easier. PRINCE2 methodology further allows the project team in controlling the project implementation process. Project control however, is not possible in PMBOK. Quite contrast to PRINCE2 methodology, in PMBOK, the project manager is the central decision maker of the project (Ghosh et al., 2012). PMBOK process is generally based on project plan and proper planning is the driving force of the project. IN PRINCE2 business case acts as the driving force for controlling and managing a project. PMBOK follows a knowledge based approach while PRINCE2 is process oriented. PRINCE2 although does not incorporate all the knowledge areas of PMBOK, the principles, themes and processes of PMBOK are consistent with the PMBOK guide. PMBOK is administered by PMI while PRINCE2 is administered by the APMG PRINCE2 methodology is tailorable while PMBOK is follows a non prescriptive approach. PRINCE2 and Project Life Cycle (PLC) Project lifecycle gives a proper overview of initiation, planning, execution and closure of a project. PLC is followed by almost all the project managers irrespective of the project management approach chosen for the project. The project life cycle creates a proper framework for managing a particular project (Joslin Mller, 2015). PRINCE2 project methodology relates to the project life cycle as in PRINCE2 as well, he entire project is divided into a number of phases. Unlike project life cycle that consists of four major phases, in PRINCE2 project methodology, the project is subdivided into seven phases which are Pre initiation phase, project initiation, direction of a project, project control, project management, management of project delivery and the project closure. Proper execution of all the phases of the project ensures success of a particular project. Project life cycle holds a very important place in management of a project as it helps in managing any type of project (Kerzner Kerzner, 2017). PLC helps a project manager in coordinating the different aspects of a project thus ensuring proper project implementation and successful delivery of a project. References Ghosh, S., Forrest, D., DiNetta, T., Wolfe, B., Lambert, D. C. (2012). Enhance PMBOK by comparing it with P2M, ICB, PRINCE2, APM and Scrum project management standards.PM World Today,14(1), 1-77. Joslin, R., Mller, R. (2015). Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), 1377-1392. Karaman, E., Kurt, M. (2015). Comparison of project management methodologies: prince 2 versus PMBOK for it projects.Int. Journal of Applied Sciences and Engineering Research,4(5), 657-664. Kerzner, H., Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Leau, Y. B., Loo, W. K., Tham, W. Y., Tan, S. F. (2012). Software development life cycle AGILE vs traditional approaches. InInternational Conference on Information and Network Technology(Vol. 37, No. 1, pp. 162-167). Matos, S., Lopes, E. (2013). Prince2 or PMBOKa question of choice.Procedia Technology,9, 787-794. Schwalbe, K. (2015).Information technology project management. Cengage Learning. pundak, M. (2014). Mixed agile/traditional project management methodologyreality or illusion?.Procedia-Social and Behavioral Sciences,119, 939-948.