Management and Administration Flashcards

1
Q

Cost-benefit analysis

A
  • estimates the total monetary value, costs and benefits, of a project.
  • typical for public projects (highways, public facilities)
  • social and environmental benefits and costs must be given monetary values.
  • set for particular time and location
  • compare current situation with proposed project

History: Jules Dupuit conceived of it in 1848. Federal Navigation Act of 1936 required US Army Corps of Engineers waterway system projects to have benefits exceeding costs

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2
Q

Cost-effectiveness Analysis

A
  • selecting among competing projects when resources are limited
  • (Cost of new strategy - cost of current pracctice) / (effect of new strategy - effect of current practice)
  • CE ratio can help determine which option is most effective

developed by the military

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3
Q

net present value

A
  • calculates the net monetary value of a project
  • discounted to today’s present value
  • NPV > 0 means monetary benefit outweights its monetary costs
  • need to know: years of the project’s lifespan, quantified monetary benefits, monetary costs, and interest rate
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4
Q

Internal Rate of Return

A
  • evaluation of financial benefit of a project
  • NPV = 0, interest rate blank
  • if IRR is greater than available market interest rate, the project is financially beneficial
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5
Q

Goals Achievement Matrix

GAM

A
  • comprehensive way to evaluate different projects
  • table that lists projects in rows and evaluation criteria in columns
  • score each project against evaluation criteria and compare
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6
Q

Gantt Chart

A
  • focuses on sequence of tasks neccesary for project completion
  • x-axis is time scale
  • each task is a single horizontal bar
  • length of bars correspond to duration of task
  • often show dependency, when one task cannot begin until another is completed
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7
Q

Linear Programming

A
  • attempts to find optimum design solution for a project
  • takes a set of decision variables, within constraints, and generates an optimum design solution
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8
Q

Program Evaluation and Review Technique

PERT

A
  • scheduling method; large scale project
  • graphically illustrates the interrelationships of project tasks
  • good when precise time estimates are not available for project tasks
  • steps: identify the specific activities and milestones; determine the proper sequence of activities; construct a network diagram; determine the critical path; update the PERT chart as the project progresses

History: developed in the 1950s by the US Navy

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9
Q

What are the steps of the Program Evaluation and Review Technique (PERT)?

A
  • identify the specific activities and milestones
  • determine the proper sequence of activities
  • construct a network diagram
  • determine the critical path
  • update the PERT chart as the project progresses
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10
Q

Critical Path Method

CPM

A
  • project analysis tool, large-scale projects
  • generates a “critical path” through the project tasks
  • each tasks has a known amount of time to complete
  • tasks cannot be completed before the previous one
  • longest path is the critical pathway
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11
Q

What does effective management of a planning organization require consideration of?

A
  • organizational form
  • human resources
  • administrative operations
  • strategic planning
  • budget and finance
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12
Q

horizontal/flat organizational structure

A
  • few or no levels of management between management and staff level employees
  • less supervision
  • employees more involved in decision-making process and have greater responsibility
  • pros: can increase efficiency, reduce costs, and speed up commmunication without excess maangement
  • cons: employees may lack a clear sense of directive or job duties; employees tend to be generalists rather than deep knowlege in a few subject areas; potential for power struggles over decision-making authority
  • better for small organizations
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13
Q

Verticial/heirarchical organizational structure

A
  • resembles a pyramid
  • each employee subordinate to someone else except at top
  • pros: clear sense of leadership and their level of responsibility on each task and project; promotional opportunities for employees to move “up”; employees can develop expertise in one area resulting in specialists; departmental loyalty
  • cons: departments may not communicate well and rivalries could develop; more bureacracy which can slow responsiveness; could be more expensive with more mangagement
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14
Q

Is a horizontal or vertical structure better for larger companies?

A

vertical

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15
Q

Are specialists more likely to develop in horizontal or vertical organizational structures?

A

vertical

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16
Q

Matrix organizational structure

A
  • encourage interdisciplinary problem solving
  • difficult to manage and can be ineffective for large organizations
  • both vertical and horizontal chains of command can form, sometimes causing confusion
17
Q

Compensation Plan

A

regularly compares salaries to other organizations to determine if salaries are competative

18
Q

Strategic planning

A
  • guide an organization in determining its future
  • sets goals, objectives, and policies for reaching the set objectives
  • allows an organization to imagine its future while also understanding changes in operations needed
  • short term - 5 or fewer years
  • sometimes used instead of comprehensive planning, but not as effective at broad scale and scope
19
Q

What are 8 elements/steps of a strategic plan?

A
  1. Analyze the community or organization’s needs
  2. identify results - determine what long-term objective the city or organization is going to pursue
  3. admit uncertainties - analyze the Strengths, Weaknesses, Opportunities, and Threats relating to the objectives
  4. involve strategic stakeholders
  5. identify the role of the city
  6. develop a funding policy
  7. evaluate performance
20
Q

Results Oriented Management and Accountability

ROMA

A
  • sound management practice that incoporates the use of outcomes or results into the administration, management, and operation of community action agencies
  • focus on results, service quality, and customer satisfaction
  • cycle: assessment -> planning -> implementation -> achievement of results -> evaluation -> back to assessment …..

History: launched in 1993 when Congress passed the Government Performance and Results Act (GPRA) to improve federal program effectiveness and public accountability

21
Q

Benchmarks

(in ROMA process)

A
  • performance data used for comparative purposes
  • can use internal data to benchmark future progress against or data from another program
22
Q

impacts

(in ROMA process)

A

direct or indirect effects or consequences of achieving program goals

23
Q

outcome indicators

(in ROMA process)

A
  • describe observable, measurable characteristics or changes that represent achievement of an outcome

ex: for a program with desired outcome of participants pursuing a healthy lifestyle could define “healthy lifestyle” as getting at least two hours of exercise each week

24
Q

inputs

(in ROMA process)

A

resources a program uses to achieve program objectives

examples: staff, volunteers, facilities, curricula, and money

25
Q

Measures

(in ROMA process)

A
  • dependent on the objective to be measured, the availability of opportunities for measurement, and the cost of the measurement process
  • can be quantitative, qualitative, objective, or subjective