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Key players in the implementation process typically meet regularly to discuss the project's progress, voice concerns and augment procedures as necessary. An organization may deem it necessary to appoint a program manager, someone with experience in the technical aspects of the technology as well as in project management , to oversee the implementation process from start to finish. Software implementations often involve people such as business analysts, solutions architects and technical analysts in the implementation process.

After the process for any hardware or software implementation project moves through the planning stage, companies should gradually test the new system until it is ready to fully go live. A Mens PEGG Chelsea Boots Peter Werth 6M4TOe
, where a small test group within the company runs the system as part of a trial for a finite period of time, is often a key component to any implementation process.

Typically, a subsection of tech-savvy workers within a company is enlisted to try the new system because they would be most keen on picking out glitches or shortcomings of the system to further help the implementation process. After testing is complete, training programs focus on educating users about the new system and how to use it before the system eventually is ready to go live. At the end of the implementation when the system is about to go live, companies typically review the entire process and verify that all tasks have been completed.

Software/hardware implementations should always be designed with the end user in mind and the implementation process usually benefits from user involvement and support from managers and other top executives in the company. If users participate in the design and implementation of the system, ideally it will serve their business objectives more accurately and reflect their priorities and the ways in which they prefer to work. Their involvement in the process also makes them more receptive to changes that need to be implemented because they have firsthand experience of what the system comprises.

The "user-designer communications gap" is typically a hurdle companies must overcome to successfully implement a new system. Users have wants and needs that they hope to get from the system while designers and IT staff have to consider various restrictions, efficiencies and database management principles and limitations during the implementation process.

Implementations inherently represent a change in a company's existing technological architecture so it is common for implementation processes to encounter problems on both sides of the go-live date. To account for this, companies should keep close relationships with vendors and consultants to help them fix issues as they come up. Common problems that arise during implementations include the missing of deadlines, going over budget for the entire project, underestimating hours that staff is devoted to a project, running into unexpected delays or blockages due to an external partner and facing the withdrawal of support from key stakeholders or various unforeseen consequences that could otherwise slow the process down.

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Please contact our call centre on 0861 238 000 for further assistance.

Fixed Odds Betting

Fixed odds betting means that the odds displayed at the time your bet is taken are fixed and will determine your final payout.

To place a bet you will decide on your selection, enter the amount you want to bet (called your stake) and if your bet wins, the winnings will be calculated by multiplying your odds and stake together. For winning bets your original is stake returned but if your bet loses you will lose only the amount you bet with.

For Example:

A single bet on a tennis market:

Selection: Novak Djokovic Odds: 4.5

If R100 is bet on Novak Djokovic you stand to win R450 (R100 x 4.5). If your bet wins you will receive your original R100 back plus the winnings of R450. If your bet loses you lose only R100.

A multiple bet:

This is a bet on multiple teams/ players where all of the selections must be successful for the bet to win, with returns from the first reinvested on the second. If a selection is scratched or a participant becomes a non-runner (does not participate) then the multiple bet will be recalculated and the non-runners odds excluded.

The odds of a multiple bet are worked out as follows:

Step 1: Add 1 to each odds

Step 2: Multiply all selected teams / players odds

Step 3: Take the product of step 2 and minus 1 and you will get the odds of your multiple.

So your multiple odds are 24.08

If R100 is wagered on this multiple bet at the odds of 24.08 the winnings will be R2408 for a successful bet.

Spread Betting

Start by selecting the event you fancy a bet on.

You will be given two prices to choose between and the difference between them is called the spread.

The spread is the quote offers customers the opportunity to bet on.

There are many different types of spread bets. For example, in a cricket match we will offer a spread on how many runs a particular batsman will score in his innings.

Spread betting challenges you to decide whether the spread is set too high or low.

To buy you must believe that the batsman will score more runs than the HIGH quote.

To sell you must believe that the batsman will score less runs than the LOW quote.

The result for this event will be the final score that the batsman makes. This is called the make-up.

The amount you win or lose depends on the amount you bet (called your stake) and how right or wrong your prediction is.

For example:

The stake is R10 and if you decide Amla will score more than 45 Runs you will BUY . If you decide Amla will score less than 40 Runs you will SELL .

Let’s say he scores 100 runs, the make-up for this market will be 100 and your return or loss will be calculated as follows:

If you had bet BUY for R10:

You would have won R550 because your bet of R10 was right by 55 runs as you chose to BUY at 45 runs and Amla scored 100 runs.

If you had bet SELL for R10:

You would have lost R600 because your bet of R10 was wrong by 60 runs as you chose to SELL at 40 runs and Amla scored 100 runs.

The stop loss amount of 100 is the maximum that can be won or lost and is reserved from your account for this purpose.

Spread markets are mainly offered in-running and give the customer the opportunity to take advantage of price movements during an event. To close a trade means to lock in any profit or safeguard against any further loss. You can close a trade at any time whether you are making a profit or a loss.

When you buy to open your trade, you must buy at the higher price, and when you close that trade, you must close at the lower price being quoted at the time you close.

If you sell to open your trade, you sell at the lower price, and when you close the trade, you must close at the higher price quoted at the time.

Once your bet is closed your account will be credited or debited with your winnings or losses and is calculated the same way as if the match had finished. Reserved amount / locking your position will reserve your stake times by the stop loss on the relevant market off your account.

Example of Reserved amount:

Manchester vs Chelsea Market: Supremacy Spread: 0.6 - 0.9 Stop loss: 5

That is to say: if you thought Manchester would beat Chelsea you would Buy . Lets assume we stake R100 per goal, R500 would be reserved off your account (R100 (stake) x 5 (stop loss) = R500 Reserved)

If during the game, Manchester was up by 2 Goals and you wanted to lock in your profits, you would place a Sell bet at R100 stake. With nothing further would be reserved off your account, and when the game is resulted your winnings will be credited.

Profit calculation = 2 (outcome) - 0.9 (buy side of spread) = 1.1 points. 1.1 X R100 = R110 Profit.

Basically to lock in your position, you do the opposite trade (if your original bet was a buy you would sell, if your original bet was a sell you would buy) to the same stake value of the original trade. All winnings/losses will be transferred to your account at the end result.

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