Project Construction And Management Flashcards
It is a group of individuals who are cooperating willingly and effectively for a
common goal.
Organization
are structured to promote better management. However, it is the performance of the people who fill the positions that determines the success of the enterprise and not the organizational design itself.
Organizations
IT IS THE FORMAL ARRANGEMENTS THAT ARE ESTABLISHED TO COORDINATE ALL ACTIVITIES IN ORDER TO IMPLEMENT A GIVEN STRATEGY.
Structural organization
The structural elements of organization
- men
- materials
- machine
- methods
- money
Major elements of organizational structures
- distribution of functions
- communication and decision processes
- vertical and horizontal authority relationships
- policies
What are the principles of organization?
- Principle of objective
- Analysis
- Simplicity
- Functionalism
- Departmentalization
- Centralization of Authority and Responsibility
- Limited span of control
A clear and complete definition of the objective must be known. Any business concern or any individual must adhere to a definite purpose or aim.
Principle of objective
a sound business judgement attempts to build an organization through full knowledge of the requirements of the business.
Analysis
creation of position should be based on paramount necessity and all activities which do not pay in terms of pesos and centavos, should be eliminated.
Simplicity
the organization should be built around the main functions of the business and not around the individuals
Functionalism
in big organization, the scope of the operation can be very broad, necessitating departmentalization to achieve a smoother flow of operations.
Departmentalization
when there is unity in command,
every person knows what he can perform within his scope of authority, knows the things for which he is responsible of, and also whom to report to and consult in case of
problems or doubts.
Centralization of Authority and Responsibility
the number of subordinates an executive can manage efficiently
Limited span of control
It is an organization of people
with varied skills, which uses capital and
talents to produce goods or services,
which can be sold to others of more
than their costs.
Business
Most ________ ________ are selling
the time of their workers, their
machineries, plant, equipment, and
money.
construction enterprises
Management is a _______?
Function
It is the function of getting things
done through the efforts of others.
Management
It is the application of authority
and the assumption of responsibility.
Management