ACTIVITIES TO BE CARRIED OUT DURING ROCKWELL AMC

1. LT MCC tripping by pressing EPB in operator cabin to be disconnected from PLC and to be
provided with direct hard wired (220 V AC) tripping.
2. LT MCC tripping at Boom Lower limit to be bypassed from PLC.
3. Other tripping for LT MCC to be maintained through PLC i.e
a. Slew over travel L/R
b. Boom higher limit
4. Delay of 10 min. to be provided for slew starting after every slew overload.
5. PLC / SOFRWARE upgradation to be discussed and the detailed requirement to be taken
from the vendor with appropriate quotations.
6. Spares available / spares requirements to be noted.

Lesson3:

Articulating your assumptions:

The previous year’s budget will be taken as a starting point. For instance, I might look at the 2014
budget to get ideas about how to increase revenue, cut costs, or both.

The specific revenue or cost line items will not be considered, because revenue and costs are closely
linked. Instead, the budget reflection on last year’s operations will be considered.

Quantifying assumptions:

I will begin with last year’s budget and make the changes that fit my plans. If my entire staff of 12
needs sales training, for instance, the training cost will be calculated and added that amount. I will
ask my coworkers for their ideas about costs as well.

1Team-Building Exercises Can Work. Managers should recognize that non-work discussions are
critical to creating a team that looks out for each other. Otherwise, co-workers may begin to view
one another as just cogs in the machine.

2I will have an active and informal communications outside the work place with the team mates so
that the team mates will feel free to communicate any time during work as well.

Lesson 4:

If the NPV of an investment is a positive number, and no other investments are under consideration,
the company would do well to pursue the investment. If it’s less than zero, the company should
reject the investment. If it equals zero, it’s marginal—a judgment call.

Using the NPV and IRR analysis it will be very helpful to us to decide whether to make investment on
a particular new project or not.
ACTIVITIES TO BE CARRIED OUT DURING ROCKWELL AMC

Lesson 5:

Budget reviews give you the opportunity to compare estimates to actual results, to investigate
reasons for any differences, to solicit feedback from management, and to revise estimates.

To track my budget I will:

1. Assess performance at least monthly

2. Reassess forecasts quarterly

3. If it doesn't look like you're going to make your annual budget goals, inform senior management

4. Save your original budget assumptions and estimates.

Lesson 6:

Some level of financial literacy can also help your people understand the logic behind the goals set
for them. If employees know the reason for changes in goals, they’ll likely be willing to adapt to the
new situation. If they don’t understand the reason, they may wonder if management really knows
what it’s doing. \

To foster financial literacy in our employees following workplace practice shall be

implemented:

Informal training sessions

Regular “numbers” meetings

Support from leaders