Planning ( Theories And Approaches) Flashcards
It is the basic function of management
Planning
This theory emphasizes a structured approach to planning and management, focusing on hierarchy, formal rules, and efficiency.
Classical Theory
views organizations as interconnected systems
composed of various components that work together to
achieve overall objectives.
System theory
This theory asserts that the
optimal course of action varies based on internal and external
circumstances, such as the organization’s size, culture,
technology, and market conditions.
Contingency theory
emphasizes the human aspects of management,
focusing on the behaviors, motivations, and interactions of
individuals and groups within an organization.
behavioral theory
A standard may be
defined as “a
quantitative or
qualitative
measuring device
designed to help
monitor the
performances of
people, capital
goods or
processes.”
Setting goals
Is a crucial step for
organizing and guiding,
the successful completion
of engineering projects.
The process involves
outlining specific actions,
timelines, resources, and
risk management
strategies to achieve
project objectives
efficiently.
Creating plans
In engineering management involves translating the strategic plan into actionable steps. This
stage ensures that the project goals and objectives set during the planning phase are executed
effectively.
Implementing
A critical process for
evaluating the
effectiveness, progress,
and outcomes of the
plan as it is executed. It
helps ensure that the
plan remains on track,
identifies any necessary
adjustments, and
enables learning for
future projects.
Reviewing
a document or the blueprint to
execute and handle an
organization’s marketing activity
according to a certain marketing
strategy
Marketing Plan
a written document outlining the
quantity of production for a
company as a whole and on a
product family basis
Production plan
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
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
plans with a time period of
less than one year. These
plans are mostly of concern
to first line supervisors
Short range plans
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