It is very important to involve the SMEs in the cost planning also to get the accurate estimate for the cost. After the budget is planned it is critical to monitor and control the project’s cost. Earned value analysis helps monitoring the project cost. Monitoring the project cost against the actual cost provides the project manager how to handle the rest of the project. The sooner the issues have been caught the sooner it has been taken care.
Under this relationship, leaders identify the specific talents of each of their employees, motivate them and coach them towards utilizing their talents effectively. Leaders are also responsible for building trust between them and their subordinates. Leaders involve guiding a group of people toward achieving the best result in and a company. The leadership of a company mainly involves creating a vision for the company. It involves modeling the vision, forming teams, influencing them and aligning people to achieve the set goals.
Liz and Warren need to make sure that projects are prioritized, assign who is responsible for what part of each project. They know what the expectations are and coordinate resources among Senior Staff to ensure these projects are executed. According to the article “Attitude Adjustment for the Senior Management Team” (Frisch, 2012), the senior team needs to understand their role in the decision-making process. CanGo senior management can build its effectiveness through members’ collective impact on the business, focus on alignment, and identify critical dependencies within the organization’s most strategically important activities (Frisch, 2012). 2.
Controlling is when a manager makes certain that a plan is in place and followed by each affected area of the organization. Next would be organizing the staff to make sure each employee has the right skills to work on the plan and making certain that the plans are followed. Next would be organizing and directing and deciding what resources are most effective for the task at hand and how to use these resources. The reason for this is so that the organization runs smoothly and effectively. The last element is decision making and managers must do this after reviewing the choices from the information and the alternatives given in the reports or logs.
Franklin Township Needs Assessment Elyse Kocylowskyi October 8, 2012 Franklin Township, NJ Franklin Township is the most populated municipality of Somerset County, containing 62,300 people, with a population density of 1,350 persons per square mile (Brandstetter, 2010). Franklin Township, to be hereafter called Franklin, not only has the largest population, it also has the fastest growing – with a rate 2.4 times higher than any other municipality, accounting for 43.9% of the total population growth in Somerset County between 2000 and 2010 (NJSDC, 2011). Money Magazine’s ranking of the ‘one-hundred best places to live’ in the US listed Franklin as the fifth best place to live in 2008, and the twenty-fifth best place to live for
We recapped the four management functions. 1) Planning: which defines the organization’s goal and establish a strategy to accomplish it. 2) The coordinator function: a leader/manager whose job it is to motivate employees and resolve any conflict among the staff as it arise. 3). The Controlling function: the manager taking charge to make sure all the operations of the organization, are running smoothly and monitors employee’s performance (Robbins & Judge, 2011).
Activity 9 Describe a mechanism for ensuring that operational activities are proceeding according to plan. A Gantt chart is a useful tool for planning and scheduling projects. They are a graphical representation of the duration of tasks against the progression of time. These charts lets you see immediately what should have been achieved at any point in time as required tasks are mapped out to show what action need to be carried out at that time. They may also flag any difficult areas in the progression of the project and assist in gaining support and assistance that may bring the project back on
Planning/strategizing works together with the organization’s primary purpose based on where the organization wants to be and what it will take for them to get there. Planning/strategizing enables management to go beyond daily activities to set realistic goals for the organization’s success. Organizing involves setting the structure and the coordination and use of available resources needed to carry out tasks necessary to achieve the organizational plans. Leading is the ability to motivate people to give their best both individually and within group settings. Through guidance, leadership ability, and supervision of employees managers achieve organizational goals.
The whole process of benchmarking is to identify the best practice in relation to the product or process within the particular industry. This benchmarking technique is a management tool through which a plan for evaluation, measurement, and improvement is implemented. It seems as though with our team these tasks have been completed. Within the actual business and the shift workers we have to make sure that we identify the best practice for each shift in which there are many different tasks listed in the column chart. All managers should benchmark the organization in order to assess all of the performance on each shift by providing all of what they can measure in a consistent manner across the organization.
Its no surprise that China is one of the most Industrialistic country with over 1, 330, 044, 544 people ( as of July 2008 Source: www.google.com ) which in my scientific analysis says nearly 700, 000, 000 are in the work force and within nearly 100, 000, 000 or less (much, much less) are in agriculture or livestock. Thus this is how China has become one of the worlds super powers. When you look at the numbers it makes no sense. But to a economist (or a really smart person ) the meaning is clear. More people = more workers = more money.