MODULE 2 Flashcards

1
Q

refers to the process of selecting the best course of action from among various alternatives to achieve project goals.

A

Decision-making in construction

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2
Q

are judgments or choices between alternatives, often between what is almost right and what is probably wrong

A

DECISIONS

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3
Q

starts with opinions, which are untested hypotheses and need to be validated against reality.

A

Decision-making

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4
Q

arise from the clash of diverse opinions and competing alternatives.

A

Effective decisions

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5
Q

are defined by their ability to make decisions with significant impact on the organization,its performance, and results.

A

Effective managers

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6
Q

REASONS FOR POOR DECISION MAKING

A

-Errors Made In The Decision Making
-Bounded Rationality
-Sub-Optimism

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7
Q

A term which refers to the limit as control on making decision because of costs, human abilities, time, technology, and availability of information.

A

Bounded Rationality

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8
Q

is the result from each different department’s attempt to reaching a solution that is optimum for their department.

A

Sub-optimization

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9
Q

refer to the specific constraints, limits, or requirements that define the context within which a decision or action must operate.

A

Boundary conditions

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10
Q

has to be built into decision to provide a continuous testing against actual events of the expectations that under lie the decision.

A

Feedback

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11
Q

Factors that affects working time

A

-Mixing personal relations and work relations.
-Being indecisive
-Meetings
-Over staffing

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12
Q

is an employer’s action against an employee for infraction of company policies or rules.

A

Discipline

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13
Q

It is a form of control to protect the interests of the company as well as those of the employees.

A

Employee Discipline

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