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Essay / Integrated Management Services - 455
Integrated Management ServicesIf you are not familiar with Integrated Management Services, you are truly missing out on an impressive achievement. Integrated Management Services is a Jackson-based minority organization that was founded and incorporated in 1996. IMS is owned by Dr. John D. Calhoun, President, and Mr. Rod L. Hill, Vice President, both of Jackson, Mississippi and both old. graduates from Jackson State University. IMS' mission is to provide its customers with the best in engineering expertise and service, with a total commitment to quality, responsiveness and integrity. Integrated Management Services is a company that is more than just engineers. IMS takes care of consulting (IMS Consultants), professional training (IMS Tech) as well as engineering (IMS Engineers, PA). I intend to focus primarily on IMS Engineers, PA in this article. The information in this report comes from the CEO/President, Dr. Calhoun, and Chief Financial Officer, Derrick Cannon. IMS Engineers primarily engages in infrastructure engineering with city, county, state and federal departments. This is a for-profit company that generally lets its work speak for itself. They also market their services through proposals and personal contacts. The resources come from the fees received from the services and unless these services are rendered efficiently, they will not receive the correct amount. A profit is made if the work can be done more efficiently than expected. An example he, Dr. Calhoun, gave me is where a project is expected to require 1,000 hours of work. If the project uses these 1,000 hours or less, then a profit has been made. Calhoun explained the issues and risks associated with the engineering market. He explained that the market is struggling to recruit talent and properly design what the client is looking for. He told me: “A lot of the work being done here has never been done before. » The risk of taking every job is making sure you can do the job. This is a risk in all areas of business. Asked about the audit risks the company faces, he says his biggest concern is that federal funds are properly accounted for and that they are accurate. As long as IMS is on time with its tax payments and any questionable charges (entertainment, gifts, contributions, etc..).