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Management and Supervision

Management is making a business run efficiently and strategy is making sure that you are in a great position not only for today, but in the future.

4,076 Questions

What is the job of a project manager?

The job of the Project Manager is to (among many, of course):

- Manage the project

- Manage stakeholders

- Monitor the project's budget and schedule

- Develop the project plan

- Manage project conflicts

What are the Levels of managers?

ORM should only be used when the individual has time to plan an operation or evolution.

What are the advantages of franchising to the franchisor?

There are many advantages to franchising for the franchisor. Enhance the profitability of the successful business model you built yourself by transplanting the concept to new locations and settings. Once you build up a thriving franchise model, your business will sell itself. You can sit back as a franchise manager while your business - and your profits expand.

Franchise portal, in the link below, provides access to a broad number of prospective franchisees. If you are looking to franchise your business concept, let Franchise Direct help you get off the ground.

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The most obvious advantage of franchising to the Franchisor is that of expansion. He gains advantage to expand a venture quickly with little capital.

The Franchisor will now be able to supply in large quantities thus achieving an economies of scale

There is also the ability to commit larger amount to advertising.

What is a professional hairdressing image?

nicely dressed. good attitude. nice hair and make up. positive outlook. good client consultation.

5m's of management?

The Five M's are essential to business management. They are man, materials, machines, minutes and money. Without any of these resources, the management model fails. Man represents the right kind of personal to get the job done. Materials are necessary if humans are to accomplish the goals of the project. Machines are essential in stepping up production. Minutes rely on effective time management to accomplish business goals. Money means any business will fail without the needed funding to run the operation properly.

Difference between Research and Development Project Management and conventional Project Management?

R&D Project Management is characterized by using (almost always) an iterative approach. Conventional Project Management is not restricted to any approach/methodology.

Challenges faced by managers?

There are so many challenges that are faced by managers. Some of the problems include insubordination, lack of productivity from staff, workers not being able to work without supervision and so much more.

How does earned value give a clearer picture of project schedule?

SPI > 1: Project Ahead of schedule

SPI = 1: Project on Schedule

SPI < 1: Project behind Schedule

What is the importance of Industrial management?

Industrial management is using human and non human resources to achieve goals. The importance of industrial management is the utilization of organizational resources to achieve industry set goals.

What is the difference between pert and gantt chart?

PERT chart is a technique for scheduling a project based on individual tasks or activities whereas Gantt Chart is a bar chart that represents the tasks and activities of the project schedule.

Source: Satzinger, J., Jackson, R., Burd, S. "Systems Analysis and Design in a changing world" Fifth Edition, Cengage Learning, Boston.

What are good questions to ask important people?

1.This is the right time to speak with you 2.I hope iam not disturbing you 3.when i will be in touch with you

How much authority should be assigned to the project manager?

Authority is usually never assigned to the Project Manager, it is either earned (grabbed) by the Project Manager or it is based on the type of organization (functional, projectized, matrix).

Functional: The Project Manager has no or little authority over the resources.

Projectized: The Project Manager has almost absolute authority.

Matrix: A balance between functional and projectized.

Definition of ethics in project management?

The concept of Project Management Ethics usually revolves around the below:

Equality: Treat your resources equally

Truth: Always say the truth when communicating with stakeholders/team members.

Honesty: Be honest, do not mislead others, and do not engage in deception.

Integrity: Have some good values, and respect your job.

What are the 4 characteristics of business demand?

the 4 characteristics of business demand are derived demand, fluctuating demand, stimulating demand and finally demand elasticity!

To get a degree in project management do you need an associates first?

What do you mean exactly by associates?

To get a Project Management degree you just enroll in a university offering the course. Usually some universities have prerequisites that you need to fulfill in order to take certain courses (or study towards certain degrees).

Characteristics of change agent?

Change agents are outspoken. They are also analytical because they think outside of the box about how to solve business problems.

Difference between project management and planning management?

I think by planning management you mean project planning.

Project planning is a phase in the Project Management process (initiating, planning, executing, closing). In short, Project Planning is actually part of Project Management.

Can you give an Example of corporation?

being international means going beyond the boundaries of your own country but with the same strategy or method being used in national market. example of Inc. is IBM, NOKIA, TOTAL

Spains major industries?

Spanish stuff.........

Spain's major industries include their factories, fishing, farms, mining, and tourism.

(Please feel free to improve.)