Professional Documents
Culture Documents
PPM UNIT II PPTs
PPM UNIT II PPTs
PPM UNIT II PPTs
PLANNING
Rules
A rule is a nature of a decision made by the management
regarding what is to be done and what is not to be done in each
situation. A rule is more rigid. I t may or may not be a part of a
procedure.
Programme
A Programme is a sequence of activities directed towards the
achievement of certain objectives. A programme lays down the
definite steps which will be taken to accomplish a given task.
Thus, programme is a complex set of objectives, policies,
procedures and tasks.
Schedules
A schedule specifies time limits with in which activities are to be
completed. Scheduling is the process of establishing a time
sequence of the work to be done. A schedule lays down a
timetable fixing starting and finishing data for different activities
Budget
A budget is a statement of expected results expressed in
numerical terms. A budget is an appraisal of expected expenses
projected against anticipated incomes for a certain future
period.
Step4:Evaluating Alternatives
Step7:Evaluation/Review of Decisions
Types of Managerial Decisions
1.Strategic and Operational Decisions
Management by Results
Goals Management
According to Koontz and Weihrich- ‘’MBO is a comprehensive
managerial system that integrates key managerial activities in a
systematic manner, consciously directed towards effective and
efficient achievement of organizational objectives.