STRATEGIC MANAGEMENT PROCESS Strategy: A strategy is a plan of action designed to achieve a particular goal. Art & science of formulating‚ implementing‚ and evaluating‚ cross-functional decisions that enable an organization to achieve its objectives Some Examples • Geographic expansion • Diversification • Acquisition • Market penetration • Retrenchment • Liquidation • Joint venture Strategic Management: It includes: 1. Making Strategies (Decisions) 2. To work upon those strategies
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Name: Project Management Credit Hours: 3 Section Number and Time: Section 1‚ Instructor: Dr. Mona Zoughaib Office: Phone: +961 3 69 62 56 E-mail: mzxx@aub.edu.lb Office Hours: Friday 5:30 – 6:30‚ or by appointment Required / Suggested Materials: Jeffrey K. Pinto‚ Project Management: Achieving a Competitive Advantage‚ Second Edition. Lecture Notes. Suggested: Kathy Schwalbe‚ An Introduction to Project Management‚ Fourth Edition Mantel‚ Meredith‚ Shafer and Sutton‚ Project Management
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Chapter 4 - Software Process and Project Metrics Overview • Software process and project metrics are quantitative measures that enable software engineers to gain insight into the efficiency of the software process and the projects conducted using the process framework. In software project management‚ we are primarily concerned with productivity and quality metrics. The four reasons for measuring software processes‚ products‚ and resources (to characterize‚ to evaluate‚ to predict‚ and to improve)
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Prior to the onset of modern project management‚ the success criteria of a project lay solely on the technical success‚ or scope of the resulting product or service. Today‚ adherence to budget and schedule form a triangle of success factors alongside scope‚ with client satisfaction also developing as a key determinant of project success (Kerzner‚ 2004). However‚ the delivery of project scope will always take precedence over all other project factors‚ because if a project fails to deliver on its original
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Chapter 2 The Balanced Scorecard and Strategy Map | | ------------------------------------------------- QUESTIONS 2-1 Financial performance measures‚ such as operating income and return on investment‚ indicate whether the company’s strategy and its implementation are increasing shareholder value. However‚ financial measures tend to be lagging indicators of the strategy. Firms monitor nonfinancial measures to understand whether they are building or destroying their capabilities—with customers
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Faculty of Physical and Applied Sciences University of Southampton MANG3023 – Management 2 Assignment 1 Onatobome Okposo 24335487 Ooo1g10 Table of Contents 1. Introduction 4 2. Approaches and tools for process Improvement 4 3. Process Improvement Phases 4 3.1 Process definition and assessment 4 3.2 Process Mapping and Analysis 5 3.3 Process redesign and improvement. 6 1. Introduction A work process is “a method of doing something‚ generally involving a number of sequential steps to
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Page 1. Introduction……………………………………………………………4 2. Key definitions……………..…………………………………..……..5 3. Strategic Management Process Model………………………………...6 4. Conclusion……………………………………………………………10 5. Bibliography………………………………………………………….11 Introduction In the modern economy‚ competitiveness means information and know-how rather than capital and physical assets. Therefore‚ the key process for any competitive organization is to strategically use
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Chapter 1: Introduction to Project Management Study online at quizlet.com/_b4d9c 11. 9. 9 Project Management Knowledge Areas Figure 1-2 Project Management Framework Knowledge areas describe the key competencies that project managers must develop 4 core knowledge areas lead to specific project objectives (scope‚ time‚ cost‚ and quality) 4 facilitating knowledge areas are the means through which the project objectives are achieved (human resources‚ communication‚ risk‚ and
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Chapter 10 Study Notes Standard: a benchmark or ‘norm’ for measuring performance (what we expect to happen).Using these standards we have Quantity and Price Standards. Quantity Standards: how much of an input should be used in manufacturing a unit of product or in providing a unit of service (similar to a cook recipe: list of items and how much to use) Cost (Price) Standards: the cost (purchase price) of the units should be (how much we expect to pay for a particular item) Management
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Management Engineering Department Faculty: Management Specialization: Corporate Management Process Management mgr inż. Paweł Królas Anna Olejnik Olga Gorzelańczyk Martyna Dalaszyńska Table of Contents: 1. Description of hospital institution 2.1. Certifications and quality assurance 2.2. Mission of the hospital 2.3. Vision of the hospital 2. Model of clients 3. Needs and preferences 4. The process model 5. Process model of getting permission from
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