Chapter 5 - Control Flashcards

1
Q

Controlling

A

Process of measuring performance & taking action to ensure desired results

  • purpose = Make sure plans are achieved & actual performance is greater than objectives
  • Based on information
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2
Q

Alter-Action Review

A

Structured review of lessons learned & results accomplished thru a completed project, task, etc

  • Started by US army
  • Encourages everyone to take responsibility for their actions, performance efforts and accomplishments
  • Potential benefits of learning are realized only when learning is translated into corrective actions
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3
Q

Output standards

A

Measures performance results in terms of quantity, quality, cost or time.
- Measures actual outcomes or WORK RESULTS

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4
Q

Input standards

A

Measures work EFFORTS that go into a performance task; measures WORK EFFORTS
- Ex. work attendance, conformance w/ rules

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5
Q

Control equation

A

Need for action = Desired performance - Actual performance

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6
Q

Actual < Desired

A

Performance threat or deficiency

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7
Q

Actual > Desired

A

Performance opportunity

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8
Q

Engineering comparisons

A

Used to identify desired performance

  • Ex.UPS measuring routes to establish expected delivery day
  • Historical and relative comparisons also used
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9
Q

Management by exception

A

Focuses attention on differences b/w actual & desired performance

  • Giving attention to high priority situations that show greatest need for action
  • Adds discipline
    • Highest priority, needs for action focused**
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10
Q

Internal control

A

Self control that occurs as people take personal responsibility for their work. ( Self discipline)

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11
Q

External control

A

Uses bureaucratic, clan and market control systems so things happen as planned

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12
Q

Bureaucratic control

A

Influences behavior through authority, policies, procedures job descriptions, budgets, day to day supervision.

  • Used to make sure people behave in ways consistent.
  • Emphasizes hierarchy & authority
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13
Q

Clan control

A

Influences behavior through social norms & peer expectations. Power of collective identity

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14
Q

Market control

A

Influence of competition on the behavior of organizations and members. “Keeping up w/ competition”

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15
Q

Managing by objectives

A

Process thru which team leaders work w/ team members to “jointly” set performance objectives & “jointly” review results.

  • Planing & controlling w/in teams.
  • 2 Types of objectives
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16
Q

2 types of objectives

A

Improvement objectives & Personal development objectives

17
Q

Improvement objectives

A

Increase performance specifically

18
Q

Personal development objectives

A

Focus on expanding job knowledge or skills

19
Q

Total Quality Management

A

Describes efforts to make quality an everyday performance objective & strive to do things right the 1st time

  • Core element = Continuous improvement
  • You can never be satisfied, something always can and will be done better
20
Q

Measurement is the cornerstone of control

21
Q

Control charts

A

Graphical ways of displaying trends so that exceptions to quality standards can be identified
- Often used in manufacturing and actg

22
Q

Six Sigma

A

A quality standard of 3.4 defects or less per million products or service deliveries = perfection rate of 99.99%
- Common quality standard

23
Q

Projects

A

One time activities w/ many component tasks that must be completed in proper order & budget

24
Q

Gantt chart

A

Graphically displays the scheduling of tasks required to complete a task

  • Shows what needs to be done, when, & allows for progress
  • helps w/ activity sequencing
25
Biggest problem w/ projects is
Delays in early activities = delays in later ones
26
CPM/PERT
Combination of the critical path method and the program evaluation & review technique - Uses network charts that breaks projects into sub activities w/ beginning and end points (called "nodes")
27
Critical path
Pathwat from project start to conclusion that involves activities w/ the longest completion time - Represents quickest time entire project can be finished
28
Inventory control
Ensures inventory is only big enough to meet immediate needs | - 2 techniques to help inventory control are economic order quantity and just in time scheduling
29
Economic order quantity
Method that places new orders when inventory levels fall to predetermined points
30
Just in time inventory
(JIT) Routes materials to work stations just in time for use - Made by Jap's - Lowers cost & increase work flow - Can be a negative when product delays
31
Break even point
Fixed costs / (Price - Variable Costs)
32
Break even analysis
What if calculations under different revenues & cost conditions
33
Who advocates a balanced scorecard
Robert Kaplan and David Norton
34
Balanced scorecard
Measures performance on financial, customer services, internal process and innovation & learning goals. - To do well and win, you have to keep score - 1st step = clarify mission/vision & then ask Q's - Organizations perform better when they keep score