MODULE 2 Flashcards
refers to the process of selecting the best course of action from among various alternatives to achieve project goals.
Decision-making in construction
are judgments or choices between alternatives, often between what is almost right and what is probably wrong
DECISIONS
starts with opinions, which are untested hypotheses and need to be validated against reality.
Decision-making
arise from the clash of diverse opinions and competing alternatives.
Effective decisions
are defined by their ability to make decisions with significant impact on the organization,its performance, and results.
Effective managers
REASONS FOR POOR DECISION MAKING
-Errors Made In The Decision Making
-Bounded Rationality
-Sub-Optimism
A term which refers to the limit as control on making decision because of costs, human abilities, time, technology, and availability of information.
Bounded Rationality
is the result from each different department’s attempt to reaching a solution that is optimum for their department.
Sub-optimization
refer to the specific constraints, limits, or requirements that define the context within which a decision or action must operate.
Boundary conditions
has to be built into decision to provide a continuous testing against actual events of the expectations that under lie the decision.
Feedback
Factors that affects working time
-Mixing personal relations and work relations.
-Being indecisive
-Meetings
-Over staffing
is an employer’s action against an employee for infraction of company policies or rules.
Discipline
It is a form of control to protect the interests of the company as well as those of the employees.
Employee Discipline