9th Reflection_Edrian Rosales

CC-105 Reflection

Edrian Rosales BSIT-II

    On our 9th Reflection on CC-105, on Monday we check our test papers after we check and know the scores all most of them got the average score and I really know that all of us have a cheerful day because of that result. I learned on this week is always encourage my self to study hard and be ready to all the challenge that came in my life. I realize that all the things that I do from studying to listening to our instructor really inspire me because it is not wasted all my efforts to get that score on the exam.

     On the next day our group reported the Cost - Benefit Analysis, Project Management Challenge, and Risk and Return. On the Cost-benefit analysis I learned in this topic, it is refers to the evaluation of both the benefits and costs of any project mostly on monetary terms. Cost-benefit analysis acts as the best means of helping a decision maker determine whether it is worth investing in something. This is done by these following steps: first, identifying a list of costs and benefits to be measured; second, putting a dollar value on each; and third, determining the net present value. If benefits exceed costs, the project is deemed viable. Cost-benefit analysis, therefore, leads to an efficient allocation of resources and reduced financial risks, which is relevant for use by businesses, states, or organizations in making decisions. In project management I also learned even you a challenge in your project you need to focus on track, because that challenge is a way to learn and think. For the risk and return I learned in this topic is, if you invest you need to expect that investment have small return or higher. You need think outside the ring and make that thought helps to make wise on taking the risk and return.

     For the other time our instructor give the Grades. In this time I really realized that all of my effort was not wasted and I really happy with that. I also realized that study hard makes me better to the task and to all activities. That's all I learned in the whole week of discussion in CC-105, hopefully on the next discussion I learned another knowledge and information for this subject.