needed 3 pages on content with references
focuses on expanding on your Week 1 Assignment, with the goal of helping you practice and develop literature review skills.
This is first weeks assignment question:
This week, the assignment focuses on three primary purposes: (1) to identify your experience in research methods and statistics, (2) to identify an idea (or begin to operationalize one that you have already proposed) that could serve as a topic for the MRP or other research initiative, and (3) to identify some key elements needed to flesh out the project based on the readings for the week. Please respond to the following items below in a Word document
Answer:
1) A) Research methods and statistics gives us involved involvement with our specified field. we gain more profound comprehension of the logical cycle on exploration questions and structure and to test our theories. You realize what it resembles to work in a thesis and finding out with regards to the preparation of tests, composing awards and how to report discoveries. This research methods and statistics is a collection of data, organizing the data, analyzing the data which requires a review test and decision of an appropriate measurable test.
B) This is my first time taking a course on these topics.
C) I am comfortable in learning both research methods and statistics as I am still in initial stages of learning.
2) a) I can explain it with an example of tender, once the government proposes a project, all the interested companies will come and participate in the tender with their budget cost and design, but here everything is based on estimation and the data collected by observing and analyzing based on the place, current value of the equipment and material including the manpower, this comes under mixed-method design. Here data is collected generally based on the assumptions like surveys, existing data, case studies, graphs, previous tender experience, and content analysis based on today’s market and overview on the future price increases on overall project.
b) My approach is inductively as everything is interlinked and analyzing it from time to time is mandatory here as data becomes old in fraction of time, so keeping up to date on this process and updating and closely observing everything is important here.
c) Here the main problem is not disclosing the information to others and keeping everything confidential as this might affect your current analysis because based on your tender cost, someone might lower their cost and we might lose the project. Architecture design, material design, structural design is the main thing to be taken into consideration for cost estimations.
d) The key characteristics for the above examples is analyzing the data which is collected and making estimations as low as possible with a profit including the future predictions, as each year the material cost, equipment cost and manpower cost varies based on seasons and work, so everything needed to be taken into consideration before applying for tender and the results will be positive if we match with the analysis done by government with near estimations.
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