review of everything i may have missed Flashcards
what does a Gannt chart show?
It shows the task and when it will be worked on…it visually shows when 1st activity will be completed and when the 2nd activity will be allowed to start and how long it will occur before done….it shows the order and timeframe of each activity. It is often used in project management.
What four roles can HR play in Change Management? (LEAD)
Leader- help with executives to establish a vision
Educator- educated management
Advisor- be a liaison between management and employees
Demonstrator-model
what do Key performance indicators (KPIs) do?
They measure value and track progress to goals and standards of performance.
What is PESTLE analysis briefly explain?
A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation.
what is Performance management
the process of maintaining or improving employee job performance through the use of performance assessment tools, coaching and counseling as well as providing continuous feedback.
tell me what is involved and what is the benefit in using a balanced scorecard.
A key benefit of using a disciplined framework is that it gives organizations a way to “connect the dots” between the various components of strategic planning and management, meaning that there will be a visible connection between the projects and programs that people are working on, the measurements being used to track success (KPIs), the strategic objectives the organization is trying to accomplish, and the mission, vision, and strategy of the organization.
what does ADDIE stand for?
Analysis, Design, development, Implement, and Evaluate.
what does a fishbone diagram help you figure out?
The root cause of a problem
what are some identifying aspects of a Control Chart?
. A control chart always has a central line for the average, an upper line for the upper control limit, and a lower line for the lower control limit. These lines are determined from historical data.
tell me about a pareto chart?
This chart tells the relative importance of problems. This is where there are bars and lines. the bars go in descending order and the line represents the cumulative total of the sample.
tell me about a scatter plot or diagram.
A scatter diagram is used to examine the relationship between both the axes (X and Y) with one variable.
A scatter diagram or scatter plot gives an idea of the nature of relationship.
What is a Stratification (also known as Flow Chart and/or Run Chart)
is a way to organize data, and in particular of separating data into meaningful groups.
what is Due diligence production
It is the process of performing detective work to learn every detail possible about the other org.
does ration analysis look at the history only, or current time, or a point in time, or since the beginning of time all the way through the future?
Ration Analysis compares current results OR historical results, but always at a point in time
tell me about regression analysis
While there are many types of regression analysis, at their core they all examine the influence of one or more independent variables on a dependent variable.
