Premium Essay

Scope of Management

In: Business and Management

Submitted By nabadeep
Words 1711
Pages 7
| Subject Code - 101 | | MANAGEMENT PROCESS AND PRINCIPLES |

ASSAM UNIVERSITY, SILCAHR
ASSAM UNIVERSITY, SILCAHR

2013

[scope of management] | An Assignment submitted to the Department of Business Administration in partial fulfillment of the Master of Business Administration course curriculum. | Submitted By- Nabadeep UrangRoll Number- 41First Semester, MBA | Submitted To-Professor H. R. Singh |

TABLE OF CONTENTS SUBJECT | PAGE NUMBER | Definition | 2 | Subject-matter of management | 3-6 | Functional areas of management | 7-9 | Management is an inter-disciplinary approach | 10 | Universal application | 10 |

DEFINITION OF MANAGEMENT

Management may be defined in many different ways. Many eminent authors on the subject have defined the term "management", some of these definitions are reproduced below:

In the words of Henry Fayol - "To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control".

In the words of Koontz and O'Donnel - "Management is defined as the creation and maintenance of an internal environment in an enterprise where individuals working together in groups can perform efficiently and effectively towards the attainment of group goals".

From the definitions quoted above, it is clear the "management" is a technique of extracting work from others in an integrated and co-ordinated manner for realising the specific objectives through productive use of material resources. Mobilising the physical, human and financial resources and planning their utilisation for business operations in such a manner as to reach the defined goals can be referred to as "management". If the views of the various authorities are combined, management could be defined as "a distinct ongoing process of allocating inputs of an organisation (human and economic resources) by typical managerial functions (planning, organising, directing

Similar Documents

Premium Essay

Scope Management

...Project scope is the parameter of the project. It defines what are the deliverables, requirements and expectations for the project and provides a baseline to exclude unrelated works. The project manager’s job is to ensure all necessary works for the project success are included. And this process is referring to as the project scope management. Project scope management involves six processes, which are planning scope management, collecting requirements, defining scope, creating WBS, validating scope and controlling scope. These six interrelated steps provide an agreement between the stakeholders and project team to clarify expectation and requirements. The six processes also allow the team to understand how and what they should do in order to deliver the project within the deadline and without exceeding limited resources. 1. Planning scope management: This process answers the question “how will the team manage and maintain the scope” and “how to prepare required documents”. The team will review the project description from the project charter and project management plan to develop scope management plan and requirements management plan. The scope management plan defines how to prepare, maintain and control all management documents such as project scope statement, WBS and change requests. This step set the foundation for the scope management, as the team and manager will choose the most efficient way in controlling the process. 2. Collecting requirements: After defining the...

Words: 797 - Pages: 4

Premium Essay

Scope Management

...preparepm.com Tutorial - Project Scope Management This chapter covers key concepts related to Project Scope Management. 1. The knowledge area of Project Scope Management consists of the following processes - Scope Management Processes Process Project Group Key Deliverables Collect Requirements planning Requirements document Define Scope planning project scope statement Create WBS planning WBS, WBS dictionary Verify Scope Monitoring and Controlling Acceptance deliverables Control Scope Monitoring and Controlling Change Requests 2. The knowledge area of Scope Management includes the processes required to ensure that the project includes all the work, and only all the work required to complete the project successfully. It is primarily concerned with controlling what is and what is not in the scope. 3. Project Portfolio Management is the process of project selection. It involves making a decision about which project an organization should execute. 4. There are two types of project selection methods. These are o Benefits Measurement o Constrained Optimization 5. Benefits Measurement project selection methods involve comparing the values of one project against another. There are the following type of Benefit Measurement project selection techniques - o Murder Boards - This involves a committee asking tough questions from each project o Scoring Models - Different projects are given scores based...

Words: 942 - Pages: 4

Premium Essay

Project Scope Management

...This chapter covers key concepts related to Project Scope Management. 1. The knowledge area of Project Scope Management consists of the following processes - Scope Management Processes Process | Project Group | Key Deliverables | Plan Scope Management | Planning | | Collect Requirements | Planning | Requirements document | Define Scope | planning | project scope statement | Create WBS | planning | WBS, WBS dictionary | Validate Scope | Monitoring and Controlling | Acceptance deliverables | Control Scope | Monitoring and Controlling | Change Requests | 2. The knowledge area of Scope Management includes the processes required to ensure that the project includes all the work, and only all the work required to complete the project successfully. It is primarily concerned with controlling what is and what is not in the scope. 3. Project Portfolio Management is the process of project selection. It involves making a decision about which project an organization should execute. 4. There are two types of project selection methods. These are * Benefits Measurement * Constrained Optimization 5. Benefits Measurement project selection methods involve comparing the values of one project against another. There are the following type of Benefit Measurement project selection techniques - * Murder Boards - This involves a committee asking tough questions from each project * Scoring Models - Different projects are given scores based...

Words: 909 - Pages: 4

Premium Essay

Project Scope Management

...Project Scope Management has been defined in many ways but can be summarized as defining the work that must be completed to deliver a product with the specified features and functions. The project scope is important because it specifies clear project boundaries. It can be defined as developing a common understanding as to what is included in, or excluded from, a project. Most people from the beginning of the project associate project scope with cost and time. When the scope of the project has been defined, the cost and time to implement and complete the project can be calculated. As the project is implemented, it is a fact that the scope is expected to change. This is then where cost and time are recalculated and added. I had to make a trip to my country of origin, Liberia in August of 2009. Liberian in 1990 to 2003 was plaque with violence and mayhem perpetrated by Liberians on Liberians all because of greed and selfishness. About two hundred and fifty thousand Liberians died and the country’s infrastructures were complete destroyed. In 2003, a female president was elected with the task of rebuilding the war torn nation. Development has been very slow. Electricity and water are rationed out and in many instances people have to do without the basic necessities of life. My visit was the first and although it was never a thought, I was inspired by my ill experience when I was not guaranteed a uninterrupted access to the internet. The local internet cafés experience on a regular...

Words: 507 - Pages: 3

Premium Essay

Scope in Project Management

...1 of 19 July 1, 2010 Executive Summary This document provides the detailed information regarding the implementation of Sage MAS 200 at Customer and will address the following areas:  Executive Summary 2  Scope Statement 2  Goals 2  Objectives 3  Constraints 3  Roles Definition 3  Customer Project Team 4  Assumptions 6  Deliverables 6  Functional Requirements 7  Project Change Control 16  Future Projects 16  Approval 17  Appendix A 18  Appendix B 19 Scope Statement To implement Sage MAS 200 Manufacturing at Customer on or before February 2nd, 2009 and to provide twelve months of system commencement support. See Appendix A for timeline. See the separate Pricing Proposal for module details, support details, pricing and terms. Goals Customer‟s stated goals for this project are:                Implement a system that will carry Customer through the next several years of growth Implement a system that is supported by outside partners to reduce the risk of crippling data loss due to a system crash. Eliminate the need for multiple systems to manage the manufacturing process Reduce or Eliminate duplicate data entry of the same information Reduce or Eliminate the need to consolidate information from multiple systems in management reports Improve information flow from Quoting to Production of finished goods. Create and implement scheduling for the manufacturing processes Create machine (operations) scheduling based upon Work Orders Improve the...

Words: 4550 - Pages: 19

Premium Essay

Scope Management Plan

...Kendra Allen Unit #2 Discussion Board Comprehensive IT Project Instructor: Andrew Mahaney Well hello and good morning everyone the purpose of this meeting is to present to you a “Scope Management Plan” that will show you all the steps that I plan to take to make this “Information Technology” project a success. First and for most I would like to get some input from both sides to start out. This would give me a better idea of which operating system would best fit the company’s overall issues, budge, timescale, and needs. Now the company has shared with me that they have over 30,000 employees which are located between four different states. Also the system needs to allow all of its employees to be able to locate and allow them to be able to schedule the different professional development activities for their current positions. In today’s business world project teams are becoming more global and diverse. Now the overall problem with scope creep is that it tends to become a more complicated management task. Many individuals would tend to talk past each other due to their business and social cultures, which allowed them to make agreements that were based on their individual and organizational paradigm rather than what the particular project should have accomplished. Now the solution that I have come up with for the companies “IT” department which I think would utilize in controlling these types of down falls would be to collaborate more and try to include more descriptive...

Words: 378 - Pages: 2

Premium Essay

Scope and Time Management

...Assignment 2: Scope and Time Management CIS 517 Dr J.F. Manning July 24, 2011 How can this activity improve the chances of your future IT project being a success? Project planning is often the most difficult and unappreciated process in project management. The main purpose of project plans, however, is to guide project execution. To guide execution plans must be realistic and useful, so a fair amount of time and effort must go into the planning process (Schwalbe, pg. 96, 2011). The work break down structure is a useful tool to help project managers become better organized and execute projects effectively while minimizing risks involved with the project process. This activity emphasized the importance for project managers to make strategic decisions, while staying observant and detail oriented throughout the project process. The insight obtained from the activity will aid in the success of any future IT project. Following the five main steps timely and effectively resulted in a more efficient management process. Setting the guidelines of the project and the added use of the work break down structure gave me a better view of how important it is to meet deadlines. Prioritizing the work packages and understanding the possibility that not all objectives would be completed helped minimize the stress associated with the project process. The activity shows how to diligently work together and communicate effectively in order to ensure a successful project outcome. Conducting...

Words: 297 - Pages: 2

Premium Essay

Project Management Scope

...Project Scope Document Human Resources Information System Project Scope Document GenRays January 1, 2013 Table of Contents Project Scope Description Customer Requirements Statement of Work Project Deliverables Acceptance Criteria Work Breakdown Structure Project Boundaries Project Assumptions Initial Defined Risks and Constraints Project Approval Project Scope Description GenRays wants to implement a centralized Human Resources Information System with payroll functionality. This new system will allow HR staff to return to company HQ from their temporary locations required to support the current HR and payroll systems. The HRIS will also aid in recruiting, hiring, performance reviews, employee career tracking, payroll, and expense reporting. The employee database and e-forms functionality will save an estimated $46,250 using the auto-fill capability. Combining the HR and payroll functions onto a single system will also save significant time and money. The project will include vendor selection, server hardware installation, networking, server software installation, custom configuration and programming, and user desktop software installation. Each phase will require testing and signoff. The beta rollout for the HRIS will include the HR and Finance departments. HR and Finance team members will evaluate the system for 4 weeks. Results will be reported back to the control board and must be signoff by the board to proceed...

Words: 1244 - Pages: 5

Premium Essay

Scope and Time Management

...CIS 517 IT Project Management July 24, 2012 Introduction The WBS is a view into the project which shows what work the project encompasses. It is a tool which helps to easily communicate the work and processes involved to execute the project. The Project Manager and project team use the WBS to develop the project schedule, resource requirements and costs. The Work Breakdown Structure presented here represents all the work required to complete the project of deploying ten (10) wireless access points in our company’s warehouse and break room over three floors. Over the next 90 days, we will begin the project by installing each access point 500 feet of each other to cover the entire warehouse to enhance our Wireless Network for the Employees and Customers. 1. Wireless Access Point Project 1. Initiation 1.1.1 Evaluation & Recommendations 1.1.2 Develop Project Charter 1.1.3 Submit Project Charter 1.1.4 Project Sponsor Reviews Project Charter 1.1.5 Project Charter Signed/Approved 2. Planning 1.2.1 Planning Phase 1.2.2 Determine Customer Requirements 1.2.3 Specify Company Requirements 3. Execution 1. Execution & Control Phase 2. Verify & Validate User Requirements 3. Design WAP Network System 4. Obtain Hardware/Software 5. Install Wireless System 6. Testing Phase 1.3.7 Go Live 4. Control 1. Project Management 2. Project...

Words: 438 - Pages: 2

Premium Essay

Scope of Study of Credit Management of a Bank

...Satisfaction Data Derek R. Allen and Tanniru R. Rao Customer Centered Six Sigma: Linking Customers, Process Improvement, and Financial Results Earl Naumann and Steven H. Hoisington Customer Satisfaction Measurement Simplified: A Step-by-Step Guide for ISO 9001:2000 Certification Terry G. Vavra Improving Your Measurement of Customer Satisfaction: A Guide to Creating, Conducting, Analyzing, and Reporting Customer Satisfaction Measurement Programs Terry G. Vavra Measuring Customer Satisfaction: Survey Design, Use, and Statistical Analysis Methods, Second Edition Bob E. Hayes The Trust Imperative: Performance Improvement through Productive Relationships Stephen Hacker and Marsha Willard Customer Satisfaction Measurement and Management Earl Naumann and Kathleen Giel Performance Measurement Explained: Designing and Implementing Your State-of-the-Art System Bjørn Andersen and Tom Fagerhaug Value Leadership: Winning Competitive Advantage in the Information Age Michael C. Harris To request a complimentary catalog of ASQ Quality Press publications, call 800-248-1946, or visit our Web site at http://qualitypress.asq.org . Linking Customer and Employee Satisfaction to the Bottom Line A Comprehensive Guide to Establishing the Impact of Customer and Employee Satisfaction on Critical Business Outcomes Derek R. Allen and Morris Wilburn ASQ Quality Press Milwaukee, Wisconsin Linking Customer and Employee Satisfaction to the Bottom Line Derek R. Allen...

Words: 8302 - Pages: 34

Premium Essay

Assignment 2: Scope and Time Management

...many consumers value smart technology in coexistence with automotive engineering, Volvo has created vehicles with hundreds of sensors and CPU’s embedded throughout the car (I-CIO, 2011).   “Besides vehicle data gathered by sensors in and on the vehicle, we also collect visual information from four cameras. This gives us a good view of what happened in the cab and on the road at any given point in time” (Volvo Group, 2011).   From the central locking system to the on board camera’s, data is being captured for use within the vehicle and then transmitted via the cloud back to Volvo (I-CIO, 2011).   Once data is received at Volvo it is streamed to a centralized analysis hub (the Volvo Data Warehouse), alongside data from customer relationship management systems (CRM), dealership systems, and product development and design systems (I-CIO, 2011).   Once data is retrieved at the Volvo Data Warehouse it is archived where it can be retrieved and analyze or manipulated by Volvo employees.   Through the cloud Volvo is massing large amount of rich data and this is providing them with the opportunity to “turn that resource into something that no only helps build better cars, but also helps the customer have a better experience [through their interaction and above all safety]” (I-CIO, 2011). Explain how Volvo Car Corporation transforms data into knowledge. Utilizing the Volvo data Warehouse to splice data together Volvo is able to perform analysis on various vehicle aspects.   Having this abundance...

Words: 853 - Pages: 4

Premium Essay

Scope and Challenges for Research in Management and Commerce in Globalized World

...Scope and Challenges for Research in Management and Commerce in Globalized World By. Dr.P.G.K.Murthy * Dean , Fcaulty of Management , Gujarat Technological University Dean , Doctoral Studies Faculty of Management Parul University Parul Cumpus Vill : Limda . Tq. Waghodia Dist. Vadodara . Gujarat India E Mail : pgkmurthy2@gmail.com M.+91-9998036240 Abstract : In Globalized World of today wherein information and data are accessible through internet even at a remote village (if connected by internet bandwidth ) , scope for research in Management and Commerce is very wide open as never before . At the same time , as larger number of researchers both in India and abroad have access to information and data through internet , privileges of researchers at a few elite institutions are threatened . Due accessibility of data and information at click of mouse , speed of research gains great importance and is a major challenge to a researcher . This paper makes an attempt to look into scope and challenges of research in Commerce and Management while trying to identify different segments of research in both disciplines and also synergies between these closely related disciplines . ------------------------------------------------- Key words : Globalization , Commerce , Management . * Views expressed in are personal views and not that of the institutions with which the author is associated with . Scope and Challenges for Research in Management and Commerce...

Words: 3706 - Pages: 15

Premium Essay

Problem Scope and Objective in Software Project Management

...Adobe Acrobat is a set of application software developed by Adobe Systems to view, create, manipulate, print and manage files in Portable Document Format (PDF).[4] All parts of the set, except Adobe Reader (formerly Acrobat Reader), are proprietary commercial programs, while the latter is available as freeware and can be copied from Adobe's website. Adobe Reader enables users to view and print PDF files but has negligible PDF creation capabilities.[5] Acrobat and Reader are widely used as a method of presenting information with a fixed layout similar to a paper publication. How do I install Java ? The procedure to download Java broadly consists of: 1. Download and Install 2. Enable and Configure 3. Test Installation The following software will be installed on your computer: 1. Java download, which includes the Java Plug-in software and the Java Virtual Machine components needed to run the Java technology based applets in a web browser. 2. The Java Web Start software which simplifies launching and running web-based programs that use Java technology based software. Windows Download and Installation Downloading and installing Java is easy and free. There are a couple ways by which you can get Java for Windows • Online download • Offline download The procedure to install Java broadly consists of: 1. Download and Install 2. Test Installation » Windows System Requirements Typical download size is 10 MB, which is the minimum download. The size...

Words: 504 - Pages: 3

Premium Essay

Improving the Management of Cost and Scope in Software Projects Using Agile Practices

...IMPROVING THE MANAGEMENT OF COST AND SCOPE IN SOFTWARE PROJECTS USING AGILE PRACTICES Mariana de Azevedo Santos1, Paulo Henrique de Souza Bermejo2, Marcelo Silva de Oliveira3, Adriano Olímpio Tonelli2, Enio Júnior Seidel4 1 2 3 Mitah Technologies, Lavras, Minas Gerais, Brazil mariana@bsi.ufla.br Department of Computer Science – Universidade Federal de Lavras (UFLA) bermejo@dcc.ufla.br, tonelli@dcc.ufla.br marcelo.oliveira@dex.ufla.br 4 Department of Mathematical Sciences – Universidade Federal de Lavras (UFLA) Universidade Federal do Pampa (UNIPAMPA) ejrseidel@hotmail.com ABSTRACT While organizations want to develop software products with reduced cost and flexible scope, stories about the applicability of agile practices to improve project development and performance in the software industry are scarce and focused on specific methodologies such as Scrum and XP. Given these facts, this paper aims to investigate, through practitioners' perceptions of value, which agile practices are being used to improve two performance criteria for software projects—cost and scope. Using a multivariate statistical technique known as Exploratory Factor Analysis (EFA), the results suggest that the use of agile practices can be represented in factors which describe different applications in software development process to improve cost and scope. Also, we conclude that some agile practices should be used together in order to get better efficiency on cost and scope in four development...

Words: 3283 - Pages: 14

Premium Essay

Evaluation on Scope Management and Financial Analysis for the Project Ivy Hall Transformer Replacement and Hvac Upgrades

...Executive Summary This document is prepared for the purpose of scope management and financial data analysis for investment decision making. URP consultant is hired by New Jersey department to do projects analysis. The project chosen is Project IHTRHU. Collection of data, detailed analysis, findings and conclusion method has been conducted in providing comprehensive report. However, some data is limited and assumptions are made for sensivity analysis purpose. There are three significant findings based on the scope management plan and financial analysis conducted. On the scope management plan, it has been found that the tracking and monitoring of performance report was lacking as expert advice was not consulted and project scope was not well defined. Findings revealed that among the three projects, Project IHTRHU is the best project due to highest positive NPV rates based on the financial analysis. The discussion analysis comprises IRR, discounted rate, hurdles rate, cash flow, inflation and interest rate for the sole purpose of investment returns. As observed the scope management plan is overall good. Recommendation for improvement on report and tracking performance can be enhanced in avoiding delay and mitigate risk. Also, various financial methods has been used to determine quick cash flow returns. Calculation on NPV is the best recommendation provided based on the exclusive mutually project factor as well as financial analysis views concluded from scholars. ...

Words: 5316 - Pages: 22