Project Management: Is It The Field For You?

Project management plays a very important role in maintaining the efficiency of an organization’s operations. Unlike business managers who are in charge of overseeing specific functional areas, project managers are responsible for every aspect of the company’s time-limited projects. Project management involves coordination between all departments for the pooling of resources along with supervision of the entire process. This includes maintaining quality control and evaluating the performance of a process against a certain benchmark or standard.

In response to the changing trends related to project mgmt, several online universities have now begun to offer online degree programs that cater to the requirements of the field. These programs prepare students by equipping them with the right skills to do well as project mrgs.

Before stepping into the field of management, however, it is important to be aware of its requirements and what will be expected of you as project mrg. Below are some of the factors that need to be taken into consideration:

What You’ll Be Doing
As project manager, you will be responsible for planning, implementing, monitoring and evaluating of a particular project. You will also be responsible for managing a team and making sure that they are supplied with all relevant materials and information needed to execute the project. Defining the scope of the project, determining the project’s budget and creating and updating the project schedule, as it evolves, are just some of the other tasks that define a project mgr’s job description.

To perform these tasks effectively, many people are turning towards online degree programs that include relevant theoretical and practical training. Through an online university program, professionals wishing to penetrate the management field are able to benefit from quality learning practices while balancing a hectic work schedule.

To become a Project Mgr., certain educational requirements need to be met. For example, people who wish to work on high-tech projects will need to complete a Degree Program in either electrical engineering or computer science. Apart from these qualifications, they will also need to be equipped with strong leadership skills, strong analytical thinking and strong communication skills.

An online university program, such as at the ones offered by MUST University, provides students with all of the above-mentioned skills and learning in order to help them carve a niche for themselves in the field.

The field of managing the project is currently booming; the Bureau of Labor Statistics predicts excellent job opportunities for project managers in the construction sector all through 2014. The complex nature of construction projects on offer could, however, drive demand slightly average. The outlook is equally strong for people wishing to move into the bio-tech and high-tech areas of business.

Building a Future – Bachelor of Science in Construction Management

As the single-largest industry in the U.S., there’s no doubt that construction plays a pivotal role in the nation’s economy. After all, without heavy equipment, construction equipment operators, and building inspectors, we wouldn’t have any skyscrapers, freeways, apartment buildings, or bridges. So, when it comes to getting in on some of the hottest careers around, this industry will always provide more than its share of employment opportunities. In fact, the U.S. Bureau of Labor Statistics (BLS) forecasts that employment opportunities for construction managers will exceed the number of qualified candidates from now through 2014.

That said – a construction management degree may be the best way to break into this lucrative field.

Construction Management Degrees: Paving the Way to Success

Many colleges, universities and technical schools are now offering a Bachelor of Science in Construction Management. This type of construction management degree is designed to provide a foundation in construction management, techniques, and legal issues relating to the field. Areas of study can include building codes, site construction and measurement, project management, construction safety management, and more. Instruction on mechanical systems and materials are also typically included in these programs.

Here is a closer look at some of the jobs you can land with a Bachelor of Science in Construction Management:

Building Inspectors. In this position, your priority will be keeping buildings safe and up to code. You’ll double-check repairs, alterations, and construction of buildings and other structures to make sure they are in compliance with local, state, and federal ordinances and zoning laws.

Construction Manager. If you enjoy planning and coordinating, this is the job for you. From construction superintendent – to project engineer – to general construction manager – you’ll be the glue that holds an entire project together. You may plan and direct a single project, or manage pieces of a larger project. Basically, you’ll oversee construction supervisors and workers.

Heavy Equipment Operators. Construction equipment operators use machinery to move heavy materials such as earth and construction equipment. Typical responsibilities include operating equipment such as bulldozers, as well as using road graders and tamping equipment to build roads and other large structures. With relatively high hourly pay and a good job outlook, this could be a great career option if you’re interested in earning a Bachelor of Science in Construction Management.

Show Me the Money

So you may be wondering, “How much do these jobs actually pay?” Well, that depends on a lot of factors. Pay for these positions will vary based on the size and nature of the construction project, its geographic location, and economic conditions. But according to the BLS, median annual earnings of construction managers as of May 2004 were $69,870. The middle 50 percent earned between $53,430 and $92,350. The lowest-paid 10 percent earned less than $42,120. And according to a July 2005 salary survey by the National Association of Colleges and Employers, candidates with a Bachelor of Science in Construction Management received job offers averaging $42,923 a year – right out of school.

Some of the courses you can expect to take while getting your construction management degree include:

o Project Management

o Statics and Strength of Materials

o Building Codes

o Project Scheduling

o Cost Estimating and Analysis

o Legal Issues in Construction

If this sounds good to you, it’s time to start finding a place to get your degree. If you’d like to get a Bachelor of Science in Construction Management but just don’t have the time or freedom for traditional classes, keep in mind that many schools now let you get your entire construction management degree online. If this is the way you want to go, be sure and check out the programs at each of the colleges you’re interested in.

Property Manager Education About Carbon Monoxide Detectors Is Critical

Carbon monoxide (CO) is an odorless, invisible gas produced when any fuel such as natural gas, kerosene, wood, oil or even common barbecue charcoal is burned. At high levels without proper ventilation carbon monoxide can kill humans in a very short period of time, even after just a few minutes. Moreover, there is credible research that acute exposure or poisoning by CO can cause chronic health effects such as lethargy, severe headaches, amnesia, psychosis, concentration problems, memory impairment, personality alterations, and even Parkinson’s disease. The American Medical Association states that CO is the primary cause of accidental poisoning deaths in the United States year after year. The federal Centers for Disease Control estimates that CO poisoning kills approximately 500 people annually and causes another approximately 20,000 injuries per year. Needless to say CO is a very important topic and issue for property managers to understand and embrace in order to act as professionally as possible and to protect their client’s best interests.

Today there are laws requiring listed and labeled CO detectors within all residences, rental units, investment properties, multi-family residences, and apartment buildings. It is tantamount for property managers and property management companies to be fully educated about CO, CO detectors, CO poisoning, exposure and prevention. There are also some ‘best practices’ guidelines for property managers to be mindful of and incorporate into their property inspection checklists.

Various State Laws Require Carbon Monoxide Detectors in Dwellings

In California as of July 2011 the Carbon Monoxide Poisoning Prevention Act of 2010, (hereinafter “The Act”) requires carbon monoxide detectors to be installed within every dwelling unit intended for human occupancy. The Act also requires CO detectors to be installed in ‘all other existing dwelling units’ on or before January 1, 2013. Thus, as of 2014 “ALL” dwelling units need to be equipped with properly listed and labeled CO detectors.

How are CO Detectors Energized

The standards for manufacture of CO detectors are well documented in state laws. Standard 720 of the National Fire Protection Association is the basis for manufactured detectors. Most home improvement and hardware stores carry several code complying varieties of detectors. CO detectors can be battery powered, can be plug-in (outlet) with battery backup, or can be hardwired with battery backup. CO detectors that are manufactured with a combination smoke detector must emit an alarm or voice warning with each signal different than the other.

Where in a Dwelling Unit are CO Detectors Required?

CO detectors are required to be installed in a manner consistent with building code standards for new construction. For minimum effectiveness and security CO detectors should be located outside of each sleeping room or in the vicinity of bedrooms. CO detectors must also be installed in every level of a dwelling unit including basements within which fuel-burning appliances exist and dwelling units that have attached garages. The CO detectors should be at least six (6″) inches from exterior walls; three (3′) feet from HVAC supply or return ducting vents, and not obstructed by other equipment, furniture, or occupant belongings.

Landlords and Property Managers are required to Supply Carbon Monoxide Detectors in All Dwelling Units

The standards and requirements for CO detectors apply equally to landlords and property managers. After proper notice has been granted to a tenant property managers have the authority to enter dwelling to install, repair, test and maintain CO detectors. CO detectors are required to be operable at the time the tenant takes possession of the unit. Tenants are required to notify the property manager if the CO detector becomes defective or inoperable. A property manager will not be held responsible or in violation of the law if a tenant has failed to notify the property manager of the deficient device.

Common Sources of Carbon Monoxide in Dwelling Units

Any fuel burning appliance located in a residence or dwelling unit is a potential CO producer. Gas burning heating systems, gas burning cooking appliances like cooktops, ovens, griddles, and water heaters are all possible sources of CO. Typically, the gas burning appliance somehow becomes mal-adjusted and begins to burn the fuel incompletely, leaving CO molecule production. This is sometimes caused by the equipment failing, but can also be caused by alterations in the dwelling unit interior atmospheric pressures.

Another common source of CO in a dwelling unit is from attached garages and vehicular exhaust. It is always a best practice to start a vehicle in an attached garage and move it to the driveway exterior while allowing it to warm up. Never allow vehicles to be running within a closed garage as the exhaust will most certainly find its way into the dwelling potentially causing problems.

Property Managers Must Take Carbon Monoxide Education Seriously

Because CO is a silent killer it is imperative that property managers be diligent about CO detector education and maintenance. Carbon monoxide is such an extremely important area of concern for property managers for the reasons stated above. In addition to protecting your client’s best interests diligence in maintaining properly functioning CO detectors can save lives.

Property managers and property management companies must be adequately educated about CO, CO detectors, CO poisoning, exposure and prevention.

Online Bachelor Degree in Business Management and Online Universities

As market complexity increases, many developed as well as developing countries have come under pressure to keep up with the developments in the field. Hence, more and more companies are looking for the aid of experienced business consultants and business managers to keep up with the changing market. The graduates who have completed their online bachelor’s degree in business management(BM) is able to provide analysis of and suggest about how to improve the profits, productivity and the organizational structure of the company. As the technology is becoming advanced day by day, the companies are not leaving any leaf unturned as they are recruiting many business professionals and business analysts.

Online degree programs in BM include:

  • Accounting degree
  • Advertising and marketing
  • Business administration
  • Business management
  • Communications degree
  • E – Commerce and E – business
  • Entrepreneurship degree
  • Finance degree
  • Human resource
  • Leadership degree
  • Management degree
  • Operations degree
  • Organizational management
  • Project management degree
  • Public administration
  • Travel and tourism

Online bachelor’s degree program in business management is designed in such a way to help students in planning and executing effective strategies of business management. Students are taught about problem solving and other market strategies. The eligibility criteria for getting admission to this course are high school diploma or any such similar GED certificate from any accredited school. Students can understand the subject better if they have an interest for latest market trends and business. Also some institutions offer the course to those who are working and experienced and have completed the age of 25 years.

The different aspects of BM such as:

  • Business ethics
  • Marketing laws
  • Economy
  • Organizational behavior
  • Productivity management
  • Financial management
  • Real world management
  • Marketing concepts
  • Art of managing employees
  • Investments
  • Risk assessments etc. are covered in the course.

Recent research statistics have shown that there will be a huge rise in the job opportunities in the business management field by 2014. Students who pass out from online degree course are grabbed by several multinational reputed companies and other global firms. Some of the industries that offer job opportunities for graduates are automobile, aviation, information technology, finance, banking, tourism etc.

List of Colleges and Universities Offering Online Bachelor’s Degree in Business Management

  • University of Phoenix Online
  • Walden University Online
  • Online Kaplan University
  • Grand Canyon University
  • Ashford University
  • Westwood College Online
  • Capella University
  • Liberty University Online
  • Everest University Online

Role and Responsibility of an IT Project Manager

Working on and leading a project would seem to have a lot in common, so selecting competent contributors to lead and assign work packages seems fairly logical. A milestone is a date when you expect a specific part of a project to be done. A good project manager will have the skills required to make the most of a limited budget and also to minimise risks within such a role. All must be managed together if to be a success. There are many ways in which a deliverable can be carried out and the way in which it is executed.

Upon approval of scope changes by the Change Control Board and Project Sponsor the manager will update all documents and communicate the scope change to all stakeholders. The manager executing the project will be involved in the entire lifecycle, from beginning to end. Any delegation of approval authority to the project manager should be done in writing and be signed by both the sponsor and manager delivering the project. Within the overall organisation, there will probably be teams defined as functional, project, or matrix structures. The project manager will deliver change requests to the owners for his/her immediate attention, and produce/obtain baseline schedule after approval from the sponsor.

A project is considered to be temporary endeavour because the goal is to deliver a specific product or implement certain process(es). A project is a temporary organisation, established to fulfil a specific remit. Project management is more than knowing how to build a team. Emphasis lies on the core methodology, risk management process, and contract management process as well as other aspects of the lifecycle. A successful project process must address the various phases of the overall lifecycle. The final values have to be agreed upon in a negotiation between the project delivery manager and the customer.

Students interested in earning higher degrees in project management often have undergraduate degrees. Degrees in project management have become an option when choosing a degree, which many institutions offering a wide variety of project management degrees requiring full-time attendance or part-time correspondence courses, making project management a career choice for many people with a through grounding in management and project methodologies and strategies such as IT project manager using PRINCE2 that sets out to separate various aspects of projects from planning, authorisation and execution to closing down a project.

Benefits derived from successful projects are not always straight forward as some projects endeavour to save money and others to simply processes. The term is highly relevant in a Project Management environment since most projects do not make any revenue and spend their initial capital in their execution phase.

Due to some major problems, some projects are abandoned during execution stage. When evaluating options, the whole-life value should be considered and not limited to the short term initial investment. Sometimes it’s best to spend a little and save a lot if the project is discovered not to be feasible proposition for the organisation early on. Projects within large organisations are almost always started in response to solve problems or fulfil a newly identified need.

How To Assess Your Capabilities With A Through Life Capability Management Plan

Take a specialised approach to your Through Life Capability Management by evaluating your whole organisation as one system.

Through Life Capability Management (TLCM) is the process that allows you to assess and prioritise the capability of your equipment and systems for the whole of their life from acquisition to disposal. It is a high-level integrative management function, with particular application in the context of defence.

Capability management assists organisations to better understand, and effectively integrate the total enterprise ability or capacity to achieve strategic and current operational objectives. It also develops and provides solutions that focus on the management of the interlinking functions and activities in the enterprise’s strategic and current operational contexts. The TLCM approach enables every aspect of new and existing military capability to be planned and managed coherently across all Defence Lines of Development from cradle to grave. In the military context, TLCM doesn’t just evaluate capability of one single piece of equipment, the methodology looks at the interdependencies of all aspects of your system’s capabilities, including Interoperability, and evaluates your organisation and the Support System as one Total System. Capabilities may also be analysed in terms of Force Structure and the readiness of elements within that Force Structure.

In both the military and commercial contexts, operations and related critical activities are playing an increasingly important role in leading and driving business transformation, and contemporary capability management needs to have close regard of those factors.

Organisations are made up of a mix of capabilities that are used in various combinations to achieve outcomes. Within that portfolio, a capability will be transient unless managed and maintained over time. Therefore, a typical capability lifecycle spans needs, requirements, acquisition, in-service and disposal phases.

While highly developed management disciplines are in place in many military organisations, the concepts, principles and practices of capability management can be readily adapted and used effective for awide-range of applications in the strategic and operational management of many other enterprises.

The holistic perspectives in in Through Life Capability Management ensures the most cost effective, efficient and comprehensive solutions are made available so you can meet operational demands without going over budget or compromising Capability through poor planning. This approach will help you create and deliver an effective Support Plan.

If you decide that you need to evaluate your organisational system you need a methodology which facilitates the production of comprehensive and pragmatic costed Through Life Management Plans (TLMPs) in a structured, coherent manner for you.

The approach is flexible and scalable, makes maximum use of existing information and complements an adaptable Through Life Costing (TLC) methodology in order to generate authoritative TLC predictions which enables the production of cost profiles, the generation of budgetary estimates, and supports investment appraisal.

Copyright (c) 2014 Stratique Marketing, Design and PR

What Makes a Great Corporate Recruiter in 2014?

Hiring the right staff can make or break your company’s success. As an overwhelmed hiring manager, chances are you do not take the time to properly seek out each candidate. That does not make you a bad manager; it means it is time to work with a corporate recruiter.

To help make things easier for both the manager and the corporate recruiter, there are several ways to go about the hiring process. With today’s technology communication sits at the click of a button.

When hiring a recruiter, look for traits. Let us touch on some of the key-points behind what makes a great corporate recruiter and how it affects your performance as a hiring manager.

More Productivity in Hiring Managers

A proficient corporate recruiter will take some of the burden of a hiring manger’s workload, in turn, creating a more productive manager. The right recruiter will produce the following actions:

  • Eliminate high turnover rates
  • Find career seekers with potential rather than those seeking a “job”
  • Help find the best talent to match the job description

An excellent corporate recruiter knows the diligent tasks that are required to make a business run smoothly. Those movements start with the staff.

Think of your company as a machine and the staff as oil. If the machine does not have oil, or the correct type of oil, the machine will not run properly. In fact, it may breakdown all together and need to be replaced. You do not want to be the machine that breaks down, right? Likewise, you want your company to succeed and profit so you can be promoted, and so should your recruiter.

Benefits of Hiring a Corporate Recruiter

Aside from taking away from some of your stress as a manager, a recruiter is there to do just that; recruit. They effortlessly seek the best of the best each day and match those applicants to companies who are in need of the applicant’s skills. A great recruiter will focus on the quality of the match and ensure the potential employee is the well suited for the job.

A recruiter uses many forms of today’s modern day technology to help seek out the best set of skills based on the job description given. With websites such as Facebook, LinkedIn, and Twitter, networking is very easy, one would think. However the benefit of hiring a corporate recruiter is their advance on today’s technology; something not all hiring mangers have to time use or learn.

To be exact, one form of tech that is constantly evolving over the past several years, is the Applicant Tracking System, which aids in the data management of an applicant pool. This makes for an easy process for recruiters and hiring managers when it is time to review resumes. A professional recruiter does not skim social media posts all day; they utilize recruitment software via the latest technology.

Professional Records Management Services Help Meet EMR Deadlines

Healthcare providers spend thousands of dollars each year storing and managing their patient records–both in digital and paper form–and costs are only expected to rise in the future. To help reduce these costs, the American Recovery and Reinvestment Act of 2009 provides Medicare reimbursement incentives.

However, to continue to receive their existing reimbursements, the law requires healthcare providers to implement an electronic medical records (EMR) system by January 1, 2014. Failure to demonstrate “meaningful use” by the EMR deadline will result in a 1 percent reduction in Medicare reimbursements in 2015, with penalties expected to increase in coming years.

With the deadline quickly approaching, it’s critical for healthcare providers to quickly and effectively make the move to an EMR system. Medical offices in the local area can get help from a professional records management company with experience managing the transition to electronic medical records.

The Challenge of Electronic Medical Records
There is a lot of pressure for a medical office to have rapid access to its records, which is why most store them on-site. With the government reimbursement incentives in place, more medical offices are taking the steps to eliminate paper records and adopt an electronic medical records system. Unfortunately, making the transition is not a simple process for most medical offices. They must:
• Manage inconsistencies found in common paper filing systems
• Waste time, resources, and money to have employees handle document scanning
• Implement a workflow system that can adapt to both paper and digital medical records
• Provide fast and easy access to records
• Safeguard records being handled in large volumes

Accomplishing all of this quickly, securely, and affordably, not to mention ensuring compliance with HIPAA, is a huge challenge for most healthcare providers. Fortunately, a professional records management service can streamline the entire electronic medical records process so providers can focus on caring for patients.

Bridging the Gap Between Paper and Electronic Medical Records

Regardless of when a medical office starts the transition to electronic records, a hybrid storage system of paper and electronic records will be used for some time. The transition is not something that can be done overnight but, with the deadline quickly approaching, medical offices need to work as fast as possible to meet the EMR guidelines to receive their incentives.

Professional records management companies help bridge the gap between paper and electronic medical records, simplifying and expediting the transition process. They assist with digitizing patient files, creating an accurate archiving system, and protecting medical records from damage due to a natural disaster or theft. Medical offices that use a medical records management professional can also take advantage of its additional services, including safe and green destruction of paper medical records.

What to Look For

Medical offices under the EMR deadlines need to be proactive to find a professional records management service that can make the digital transition as seamless as possible. A reputable records manager can also help a medical office comply with all healthcare regulations, using best practices to:
• Transition the office into an approved EMR system
• Create a digitized storage system that quickly retrieves patient information
• Increase storage savings
• Ensure EMR and HIPAA compliance

If you’re a local healthcare provider that’s starting to get nervous about the approaching EMR deadline, you can count on a records management service to help make the transition from paper records to electronic records easier and less expensive. A professional records management company has EMR experts that use best practices and ensure 100 percent compliance so your medical office can make a successful switch. It also provides medical record storage for paper files that still need to be kept on-hand, and offers scheduled destruction services to dispose of records when they’re no longer needed.

Hotel Management Job Outlook and Earning Potential

The employment of hotel management staff is expected to grow just as fast as the average managerial position for all sectors through 2014. More opportunities are predicted to be available because many experienced managers will be leaving the industry to pursue other interests or through retirement. The better and higher education that is obtained, the more plentiful the opportunities will be.

Full-service hotels that cater to business travelers and tourist will have more positions to offer in the coming years. Also the amount of economy level and extended stay establishments is expected to grow to be there for leisure travelers and bargain hunters. There are a growing number of levels of accommodations being offered in today’s hotel industry. From the economy level that offers the basics with out all the frills to the luxury hotels that offer a multitude of additional perks and special accommodations.

The hotel industry is predicted to keep up with the consolidation as bigger chains buy out smaller establishments or contract to take over the operations. The growing number of extended stay establishments will effect the growth of management positions because these hotels generally have fewer departments and therefore need fewer managers. Additionally these hotels do not need managers to be there 24 hours a day. This leaves many of the day to day operations to fall on the shoulders of desk clerks and other lower level staff. This allows you to get an entry level position that will give you some experience for furthering your career that you may not have received before.

Managers will be in more demand at suite hotels because business guests are willing to pay out more for rooms that include kitchens and space to conduct meetings. Additionally bigger full-service hotels, that have restaurants, fitness rooms, big meeting areas and accommodations to entertain children, will keep providing a multitude of training and managerial opportunities.

The management job opportunities that are going to be available will require a minimum of a 2 year degree in hospitality or hotel management. A 4 year degree though will give you a competitive edge of others seeking managerial career positions. It will give you additional skills and training needed to beat out the competition. Education coupled with hands on experience is sure to shoot you to the top of the list of potential employers. Higher end resorts and hotels are predicted to offer many additional opportunities for those holding degrees in hotel or hospitality management.

The median yearly salary for hotel managers in 2002 was $34,000. Although salaries in hotel management can differ depending on the size of the establishment they manage and what they are responsible for. Obviously larger hotels are going to be able to pay bigger salaries but there will also be more expected from you as a manager. The more you make the more responsibility you will have. How much education and experience you obtain will have a great effect on your salary.

The Rise of Digital Asset Management

When I first heard the term digital asset management I assumed it was just another financial term for some type of media stocks or bonds. In actual fact, Digital Asset Management or DAM is pitched to be one of the top media software products of the future.

Digital Asset Management’s suggested growth over the next 5 years is estimated at over 300% which is triple the current value. The business research & consulting firm Frost & Sullivan are forecasting that “the market is set to grow at a very healthy double digit growth rate through the forecast period, 2007 to 2013”. According to Frost & Sullivan; “Around 70 major vendors are now seeing the need to digitize their media assets”.

DAM solutions are becoming as streamlined into a website development as content management systems and search marketing. The reason for its success is that most big corporate websites hold a lot of rich digital media including images, audio and video content and this can make storage and retrieval of these assets difficult. For all of this content to be hosted, easily retrievable, distributed and exported it needs to be stored in a central location, properly filed, archived, optimised and available in a range of different downloadable formats.

Another reason for the success of DAM is that a lot of files, specifically video files can be so huge that even FTP access across public services is undesirable, DAM makes this possible by employing a delivery service, with access to single assets from multiple locations, thus reducing the time and cost of producing the content and maximising the return on investment.

What types of DAM systems are there?

The types of DAM are dependent on their facilitation with the business; brand asset management for example is focused largely on marketing and deals with marketing collateral such as product imagery, fonts and logos. Production asset management is commonly used in the organisation and storage of frequently changing digital media assets, whereas digital supply chain services purely focuses on the pushing of digital content out to retailers i.e. Music and games store. Library management is probably the most widely used type with a focus on the storage and retrieval amounts of mostly archived video and photo media.

If we take a closer look at DAM, the tools that it utilises start to make the system more of a tangible product. The types of uses for the system in business is for Multimedia press kits and marketing materials, corporate presentations, VOD, rich media libraries of; video, fonts and images and other marketing collateral. The types of files this includes are; images, logos, audio, animation, CAD, video and HTML.

So what’s in store for the future?

According to industry analyst Zippy Aima “There is the recent proliferation of digital media content, especially video, and the rise of portable devices for viewing it. We can add the widespread availability of broadband data services to distribute it, and the need for systems that can store and deliver that content to the right people at the right time.”

With media creation so accessible via broadband and likely to grow vastly over the next decade, images from our everyday devices such as cameras, phones and scanners will continue to flood onto the web, billions of assets (files) all hitting social networks, websites and blogs at a furious pace, and all with a thousand different destinations and target audiences. DAM will soon be the only technology capable of dealing with the demand and with the worth of digital media content management set to rise; from $203 million to an anticipated $558.6 million by 2014 this looks set to continue.