evaluating business information

Question 1

gaant chart

Answer 1

dentifies where activities overlap with other activities and by how much so
that a manager can plan how to divide the firm’s resources - bottlenecks and delays can be better avoided

identifies the various activities so that decisions as to what resources are
required can be made

identifies the ‘Critical Path’ which will allow the manager to work out the
most efficient timescale of the project

Question 2

force field

Answer 2

used to decide whether or not to undertake a change to avoid a rash/hasty decision
* drivers are factors that force change to happen and knowing their relative
strength will help increase a strategy’s chance of success
* resistors are factors that hinder change and knowing their relative weighting
can avoid risky decisions being made
* assets for change are identified which can resource/support a decision

Question 3

critical path analysis

Answer 3

allows a manager to work out the quickest way to complete a project by
identifying the best order to perform all the necessary tasks

• plans in advance all the individual activities that make up a project, which
  means the manager will reduce the chance of unforeseen problems that mayaffect decision making

shows the order in which activities should be undertaken, which allows the
manager to decide on the necessary materials and employees required- saves on wasted resources and time