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Index - Major Sections
Site Map
Product and Services _______________ Index - Same Level Subject
Index - Child Subjects |
IntroductionWe will assume at this point that planning has been finished, objectives set, scheduled made, and budgeting set. Types of ManagementTypes of Management is an extensive subject. We will give references for two of the better types. Management by ObjectivesManagement by objectives (MBO) is a systematic and organized approach that allows management to focus on achievable goals and to attain the best possible results from available resources.It aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. Ideally, employees get strong input to identify their objectives, time lines for completion, etc. MBO includes ongoing tracking and feedback in the process to reach objectives.MBO was first outlined by Peter Drucker in 1954 in his book 'The Practice of Management'. In the 90s, Peter Drucker himself decreased the significance of this organization management method, when he said: "It's just another tool. It is not the great cure for management inefficiency... Management by Objectives works if you know the objectives, 90% of the time you don't."MBO managers focus on the result, not the activity. They delegate tasks by "negotiating a contract of goals" with their subordinates without dictating a detailed roadmap for implementation. MBO is about setting yourself objectives and then breaking these down into more specific goals or key results.Management by ExceptionProject Planning StatementObjectives
Duration
Resources
Future Research Integration with other systems Possible problem areas
Annual Implementation Plan
Stakeholder ReportingPeriodical reports should present in narrative and quantitative form the progress made in achieving planned results and intermediate milestones, as well as the inputs expended in accomplishing progress to date, relating these to the total inputs planned for in the strategic plan. The planned timeline for every activity should be presented, as well as progress along the timeline achieved during the reporting period. The report should include:
Management of ProjectScheduling
Budgeting
Human Resources
Quality Control
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