Controlling (class 7)

management function monitors activities as per the plans rectify any significant deviations ,if any.

Steps in control process

Output Stds : budget, average time to processStdswork, number ofquantity of Input the : absenteeism, finished goods producedfor production, raw materials used attrition rate

Explain how teachers of your school controlled your learning.

Need for control

Important link to planning

Provides information and feedback about performance of employees

Maintains compliance with organisation al goals and policies

Types of Control Methods

Test : What kind of control is

Sessional exams Number of doctors that sales representatives have met per week
Name of the Project and Project Manager Status of the project (Existi ng or Pipelin e) Name of the Clien t Project Cos t Revenue from the project Tentative Completion Date

Q2 1

Q3

Q4

Problems in Control Process if it is NOT

Immediate Focusing on activity not personality Consistent Informative Occurring in a supportive setting Support realistic rules

Control Techniques for these (examples)

Organizational Control Systems Operations Management and Control

Organizational Control Systems

Information and Financial

Activity-based costing - the true cost of all products and services. Economic value added - examine the value added by all activities. Understand the implication of key financial measures of (ratios) organizational performance

Operations Management and Control

Purchasing

Economic Order Quantity

automatic reorder points

Just-In-Time Scheduling PERT