consider * What it wants to achieve (objectives) * How it intends to get there (its strategies) * What resources will be required (its operating plans) * How well it is doing in comparisons to the plan (control). (Source: ACCA Study Text-Performance Management)\ The budget is a short-term operating plan‚ linked to the corporate plan that is used for detailed control. A budgeting process forces business to look to the future. If a business does not look to the future it will fail in
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4D Scheduling; The Future of Planning? The purpose of this paper is to provide the reader with an understanding of the concept of 4D Scheduling‚ how and where it is used‚ whether it is currently of benefit to the construction industry and can it revolutionise planning in a positive manner for small‚ medium and large scale construction Projects. What is it? 4D Scheduling is a Programme which allows the Project Plan to interface with 3D software and build a live model which displays the Project
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Planning to a better Future There are many different aspects in the planning toward a future but the first items to our success in the list are the goals in short‚ medium and long terms. Setting your goals means the desire to achieve the plan. However‚ there will be different goals depending in your present work status‚ age‚ family‚ and so on. What happens if I am without job in this environment? The great challenges and fierce competition that
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in a business: Planning & Control Introduction In this essay I shall discuss Planning and Control in terms of their importance and benefits to a business‚ and how they are interlinked. Planning I see planning as‚ the organisation of resources and activities of a business‚ to achieve specific outcomes over short‚ medium and long term periods. The path that the organisation will take is stipulated in its vision and mission statements‚ and should always be considered in the planning process. According
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Importance of control. Control improves Goodwill Quality control improves the quality of the products. Cost control decreases the cost of the products. Therefore‚ the organisation can supply good quality products at lower prices. This increases the goodwill of the organisation. 2. Control minimises Wastage Control helps to reduce the wastage of human‚ material and financial resources. This increases the profits of the organisation. 3. Control ensures optimum utilisation of resources
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that language is defined as "use of words in agreed way as means of human communication‚ communication of thoughts and feelings through a system of arbitrary signals‚ such as voice sounds‚ gestures‚ or written symbols"‚ it is used at such a frequent rate that only few think about the restrictions we would have without language. On one hand language controls the "knowing" of the other ways of knowing‚ yet on the other hand without the other ways of knowing there wouldn ’t be any language to communicate
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ASSIGNMENTS PRODUCTION PLANNING AND CONTROL Subject Name & Code : Study Centre : Permanent Enrollment Number (PEN): Student Name : Production Planning and Control INSTRUCTIONS a) Students are required to submit three assignments ASSIGNMENT Assignment A Assignment B Assignment C DETAILS Five subjective questions Three subjective questions + Case Study Forty objective questions MARKS 10 10 10 b) c) d) e) Total weightage given to these assignments is 30%.(40% when no PCP*) All assignments are
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Q1 .How can we identify plagiarism in a movie? How about software‚ images and book? Ans-Movies: In movies we generally see a scene/concept/idea/story/music/acting/shot etc. are borrowed from previous movies and used either as a whole or part or modified. This can be homage‚ clever improvisation of the old to new. Simple lift‚ copy paste etc. Depending on the intention and talent of the plagiarizer. This will involve every field in movie making and this is a regular process of making movies
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Project Planning‚ Management and Control Table of Contents 1 Heading 1 – Discuss how effective project control is a combination of Earned Value Management with carefully judged management reaction to this and other information. 2 1.1 Heading 2 – Project control 2 1.1.1 Heading 3 – Definition and significance of project control 2 1.1.2 Heading 4 – Evaluation of effective project control 3 2.1 Heading 5 – Earned Value Management 4 2.1.1 Heading 6 – Definition of Earned Value Management 4
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“A budgetary planning and control system may include many individual budgets which are integrated into a ‘master budget’.” Budgeting is concerned with the implementation of long term strategic plans‚ by translating these long term plans into short term plans of action. A budget is a plan showing a firms short term objectives‚ and how management intends to acquire‚ use‚ and control the resources in order to attain these objectives. A firms budget should be comprehensive and co-ordinated. That
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