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Journal : Economic: Journal Economic and Business

Using the Expected Monetary Value (EMV) Method to Minimize Risk in Project Decision Making Harahap, Lokot Muda; Sinaga, Christin Lestari; Lubis, Devi Aprilia; Sampurno, Muhammad Akbar; Nelfita, Natasyah
Economic: Journal Economic and Business Vol. 2 No. 4 (2023): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v2i4.593

Abstract

Effective decision making is key to achieving project success. Risk is always present in managing projects and can significantly impact the final outcome. The Expected Monetary Value (EMV) method is an important tool in managing project risk. EMV is used to calculate the monetary value of the various possible outcomes of a decision or series of decisions. In the context of project decision making, EMV helps project managers to estimate the monetary value of the risks associated with various decisions to be taken during the project cycle. This research uses a literature review type of study and the review model chosen is a narrative review. This research was conducted using a narrative review model. The research method used is secondary data collected from various international journals, papers, and previous research papers used as data sources and analyzed by the author taking into account the problems considered in this research.
Analysis of the Role of Teamwork in Improving Sales Performance at PT. Alfa Scorpii Sentral Yamaha Medan Nelfita, Natasyah; Syahreza, Dina Sarah; Aprinawati, Aprinawati; Rumapea, Yesayas Roganda; Natasya, Eva; Syahputra, Muhammad Reza
Economic: Journal Economic and Business Vol. 3 No. 4 (2024): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v3i4.795

Abstract

This study aims to analyze the role of teamwork in improving sales performance at PT. Alfa Scorpii Sentral Yamaha Medan. Facing increasingly fierce competition in the automotive industry, the company encounters challenges related to the effectiveness of teamwork, including communication issues, unequal member involvement, and unclear task distribution. Using a qualitative approach through a case study method, this research identifies that good leadership, mutual trust among team members, and organizational support are key factors that strengthen teamwork. The findings indicate that teamwork plays a significant role in enhancing operational efficiency, strengthening customer relationships, and facilitating collective achievement of sales targets. This study recommends team skill training, improving communication transparency, implementing team-based incentives, and strengthening the role of supervisors to foster a work environment that supports effective teamwork.