Project Management in Construction

Running head: PROJECT MANAGEMENT IN CONSTRUCTION
Project management in construction
(Rainbow Illusion)
Name of the student:
Name of the university:
Author Note

PROJECT MANAGEMENT IN CONSTRUCTION
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Executive summary
Rainbow Illusion is the retail chain having their business across the lands of New South Wales and
Victoria. They have a total thirty chains and engaged in selling the ready to-wear clothes for females.
In those report a demonstration s done on various cycles, reporting of system management, e-
commerce and financial reporting. Further, the risks are inherent within the computer systems along
with ERP. It includes the e-commerce, ethical roles and distinct process of their internal controls to
get placed. Next, scopes of fraud of computer and process of security are appreciated for e-
commerce needed to be eradicated.

PROJECT MANAGEMENT IN CONSTRUCTION
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Table of Contents
Introduction:..........................................................................................................................................3
Strengths in the system of Rainbow Illusion for controlling sales transactions:...................................3
Issues avoided by Rainbow Illusions to include the strength in the system to control transaction of
sales:......................................................................................................................................................6
Situational pressures rising the likelihood of fraud:..............................................................................8
Reason for Rainbow Illusion for installing distributed computer system instead of centralised ones:. 9
Conclusion:..........................................................................................................................................10
References:..........................................................................................................................................12

PROJECT MANAGEMENT IN CONSTRUCTION
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Introduction:
Rainbow Illusion is a retail chain situated at Victoria and New South Wales. It has an overall
thirty chains. They are engaged in selling the ready-to-ear cloths intended for young women. All the
stores preset there consists of full-time manager companied by assistant managers. Moreover, the
business has been found to be utilizing the unsophisticated registers of cash having four-part sales
invoices for recording every transaction. Here, the sales invoices are utilized irrespective of the type
of payments like bankcard, cheque and amounts of cash. The following study demonstrates different
cycles, systems of management reporting, financial reporting and e-commerce. Next, the risks
inherent under computer-based systems are understood along with ERP. This involves the e-
commerce, role of the ethics and different process of internal control that is to be placed. Then, the
scopes of computer fraud and measures of security are appreciated to e-commerce that is required to
do away with.
Strengths in the system of Rainbow Illusion for controlling sales transactions:
Rainbow Illusion can develop the skills of the sales and then defy the sure-fire strategies of
sales. It is useful to develop the skills of the sales and then defy the effective downturn with the
strategies of sure-fire sales. It is essential for the business to remain at the top level of sales. The
various strengths of Rainbow Illusion for the present case of controlling their transaction of sales are
demonstrated hereafter.
Getting absolutely organized:
For Rainbow Illusion, time is the same as money. For them, to stay totally organised is he
initial step towards good selling. Here, one of the issues is a confusing task in terms of productivity.
For them, some of the basic principles have been not to begin the day instead of any “to do” list and