Research and development concepts and applications

¶ … ensuring the success of any project. This is because the various sources can help to corroborate one another in order to improve validity and accuracy. However, the method and approach must focus on achieving key objectives. To fully understand the way this is achieved requires looking at the most effective strategies for research development. Together, these insights will illustrate their importance as a part of the thesis project.

How to do Research Development for a Thesis Project?

Research is studying different pieces of information in order to gain a greater understanding of the subject. This is divided into everyday and scholarly information. Everyday information is when data is collected through non-traditional methods (such as: relying on the opinions of experts). This is designed to enhance everyone's comprehension of the information and provide greater rationale in supporting the main points that are discussed. (Blaxter, 2010)

While scholarly research, is concentrating on taking a more truthful approach. This is achieved by following predetermined methods to understand and analyze the subject which is being studied. However, following select approaches could create a situation where personal bias and opinions will influence the outcome a study. This is achieved through objectively analyzing what is happening and then providing beliefs which support the views of the author. Historians are known for utilizing this approach to understand and identify various events. Yet, they will often place their own emotions, feelings and views in the research. This is challenging as they were not there and may not fully understand specific aspects of the problem. (Blaxter, 2010)

In this case, the qualitative and quantitative approaches could be inaccurate in understanding what is happening. This is based upon the opinions and agenda influencing the outcome. The problem occurs with how the analysis of the data is conducted to understand the lasting impacts on stakeholders. As a result, research is supposed to provide a way of objectively analyzing what is happening. (Daymon, 2010)

The way research is conducted will have a dramatic impact upon the outcome of study. This is because there are different strategies which are utilized. They can effect what kind of a focus is placed on different areas and the impacts they are having on the findings. For instance, reading is an important process in helping actuaries to identify key trends and the lasting impacts on addressing the primary question. To achieve these objectives, the best forms of reading will concentrate on specific areas and understanding the lasting impact it is having on stakeholders. This is achieved by carefully examining the relevant ideas from different sources. Then, incorporating them into the basic study as a part of understanding how this will influence the outcome and conclusions. (Stenbeck, 2009)

Moreover, it is important to skim irrelevant facts. While at the same time, it requires looking for specific information which can help to address the main aims and objectives. Those who are able to do this will be more effective in identifying key trends and offering insights which can answer certain questions. This enhances the validity of the research and it makes it more effective in comprehending what is taking place. (Stenbeck, 2009)

Both of these sources are showing how reading is an important part in understanding and addressing critical issues when conducting research. This provides an avenue for looking at the material and locating information which is most relevant. Yet, it is also illustrating how these techniques could ignore secondary factors by skimming over key ideas. In this case, these weaknesses could hurt the information that is provided and the lasting conclusions of the research. As a result, these sources are supporting the basic concepts of research and they are identifying specific strategies for conducting it.

Furthermore, conducting research requires maintaining objectivity and not using any preconceived ideas to influence the outcome. This requires clearly stating the objectives of the study and avoiding any kinds of conflicts of interest. To do this means following different regulatory, ethical and professional guidelines. While at the same time, actuaries must not have the appearance of bias. This occurs through disqualifying anyone who has financial, political, personal or intellectual benefits from the project. (Veit, 2010)

At the same time, there must be a focus on procedures for analyzing the data and managing how the information is utilized. This requires using a process that will ensure no subjectivity is occurring and everyone is looking at the problem from a neutral perspective. The best way to deal with these challenges is to look at sources which follow specific procedures. Anyone who deviates from this will be disqualified from taking part in the study. (Veit, 2010)

Moreover, the views of the author and their motives should be examined. This requires carefully analyzing their intentions and if they have some kind of agenda. Once this happens, is when inaccurate sources can be eliminated from the study. This helps actuaries will be more effective in understanding and objectively analyzing key data. (Veit, 2010)

The information from this source is showing how these ideas can influence the outcome of various conclusions. This is the biggest strengths by identifying how they are impacting the findings and the kinds of strategies used in the process. However, these ideas are taking a more general approach when determining the types of procedures that will be utilized. This makes it difficult in determining who is more subjective and the tools they used in the process. Over the course of time, these practices can increase the total amounts of research and the kinds of procedures. When this happens, it will be more difficult to determine the motivations of the individual and the quality of the sources. (Veit, 2010)

This is directly linked to the other materials by identifying the effects of the research on different stakeholders and how to study the information. Yet, it is also showing the weaknesses of conducting any kind of detailed analysis. In this aspect, all of them provide insights which are useful. However, they do not carefully understand or examine the long-term impacts on various stakeholders or possible exceptions to these rules. When this happens, it is difficult to provide a working protocol which can adjust with a host of challenges. (Veit, 2010)