Group 5 Flashcards

Planning (Theories and Approaches) (45 cards)

1
Q

it is the basic function
of management.

A

planning

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2
Q

according to Nickels and others, refers to “The management function that involves anticipating future trends and determining the best strategies and tactics to achieve organizational objectives.

A

planning

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3
Q

“the selection and sequential ordering of tasks required to achieve an organizational goal.” - Aldag and Stearns,

A

planning

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4
Q
  1. helps managers to improve future performance
  2. minimizes risks and uncertainty
  3. facilitates coordination of activities
  4. provides direction for action
  5. uncovers and identifies opportunity and threats
  6. sets out standard for controlling
A

importance of planning

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5
Q

what are the 4 theories of planning

CCSB

A

classical theory
contingency theory
systems theory
behavioral theory

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6
Q

This theory emphasizes a structured approach to planning and management, focusing on hierarchy, formal rules, and efficiency.

A

classical theory

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7
Q

this theory views organizations as interconnected systems composed of various components that work together to achieve overall objectives.

A

systems theory

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8
Q

this theory posts that effective management and planning depend on the specific context of the organization, with no single best way to manage. This theory asserts that the optimal course of action varies.

A

contingency theory

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9
Q

this theory emphasizes the human aspects of management, focusing on the behaviors, motivations, and interactions of individuals and groups within an organization.

A

behavioral theory

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10
Q

what are the 3 different approaches to planning

A

top-down vs bottom-up
strategic vs. tactical
incremental vs. comprehensive

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11
Q

A senior management or
project leaders define the
overall goals,

A

top-down

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12
Q

Engineers and technical staff play a more active role

A

bottom-up

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13
Q

Involve analyzing competitive opportunities and threats, as well as the strengths and weaknesses of the organization,

A

strategic

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14
Q

Is intermediate-range (one to three years) planning that is designed to develop relatively concrete and specific means to implement the strategic plan.

A

tactical

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15
Q

Emphasizes gradual, step-by-step improvements or changes.

A

incremental

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16
Q

Is more broad and often involves tackling multiple aspects of a project or process in a single, all- encompassing change.

A

comprehensive

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17
Q

enumerate the planning process

SCIR

A

setting goal
creating plans
implementing
reviewing

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18
Q

A standard may be defined as “a quantitative or qualitative measuring device designed to help monitor the performances of people, capital goods or processes.”

A

setting goal

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19
Q

a crucial step for organizing and guiding, the successful completion of engineering projects.

A

CREATING PLAN

20
Q

involves
translating the
strategic plan into
actionable steps
.

21
Q

A critical process for evaluating the effectiveness, progress, and outcomes of the plan as it is executed.

22
Q

what are the 4 types of plans

A
  1. functional area plans
  2. plans with time horizon
  3. plans according to frequency and use
  4. plans by scope and level
23
Q

what are the 4 different managerial plans under functional area plans

MPFH

A

marketing plan
production plan
financial plan
human resource management plan

24
Q

a document or the blueprint to execute and handle an organization’s marketing activity according to a certain marketing strategy

A

marketing plan

25
a written **document outlining the quantity of production** for a company as a whole and on a product family basis
production plan
26
a **document that sums up the present status of the organization’s finances**, analyzes financial needs and suggests a course for financial activities
financial plan
27
a **document that shows the human resource needs** of a company with respect to quantity, and this is done in terms of quantity and quality, according to the needs for the company’s strategic plan
human resource management plan
28
what are the two kind of **plans with time horizons**
short range plans long range plans
29
**plans with a time period of less than one year**. These plans are mostly of concern to first line supervisors
short range plans
30
**plans** which are expected to **take longer than one year**. These plans are mostly carried out by the middle and top level management
long range plans
31
what are the 2 kinds of **plans** according to **frequency and use**
standing plan single-use plan
32
**plans that are repeated time** and time again and focus on things that happen practically over and over.
standing plan
33
standing plans may be further classified into 3
policies, procedure, and rules
34
broad guidelines which will **help managers at all levels**
policies
35
plans that **explain in** **detail** the sequence of actions
procedure
36
statements of permitted or **required actions**
rules
37
**plans** that contain courses of action that are relatively **unique** and are probably going to be repeated, and that are **specifically developed to be implemented**.
single-use plan
38
single-use plan can be further classified into 3
BUDGETS, PROGRAMS, AND PROJECTS
39
as Weston and Brigham put it, “a plan specifying **how much one plans to spend in a certain activity** indicating from where the funds will be obtained”
budgets
40
a single use plan that **integrates a large number of activities**
programs
41
usually a more limited in scope plan for a single use and sometimes **prepared to support a program**
project
42
what are the 3 types of **plans by scope and level** STO
strategic planning tactical planning operational planning
43
enumerate the best practices for effective planning SIGBR
set clear objectives involve stakeholders gather reliable data be flexible regularly review plans
44
obstacles that hinders a succesfull planning LIIFO
* lack of commitment * improper planning process * insufficient information * focus on short term goals * overreliance on planning department
45