1.7 Organizational planning tools

temporary activity

Project: specific and ________ with a start and end date, clear goals, defined responsibilities and a budget.

visual identification

Fishbone diagram: ________ of many potential causes of a problem.

Organizational planning

________: process of identifying an organizations immediate and long- term objectives, and formulating and monitoring specific strategies to achieve them; it also involves employee and resource allocation to allow for the effective completion of projects.

Gantt

________ chart: a visual representation of a project schedule in which a series of horizontal lines shows the amount of work planned in certain periods of time.

Decision tree

________: diagram that sets out the options connected a with a decision and the outcomes and economic returns that may result.

forecast economic return

Expected value: likely financial result of an outcome obtained by multiplying the probability of an event occurring by the ________ if it does occur.

Force field analysis

________: analytical process used to map the opposing forces within an environment (such as a business) where change is taking place.

Organizational planning

process of identifying an organizations immediate and long-term objectives, and formulating and monitoring specific strategies to achieve them; it also involves employee and resource allocation to allow for the effective completion of projects

Project

specific and temporary activity with a start and end date, clear goals, defined responsibilities and a budget

Project management

using modern management techniques to plan, carry out and complete a project from start to finish in order to achieve preset targets of quality, time and cost

Fishbone diagram

visual identification of many potential causes of a problem

Decision tree

diagram that sets out the options connected a with a decision and the outcomes and economic returns that may result

Expected value

likely financial result of an outcome obtained by multiplying the probability of an event occurring by the forecast economic return if it does occur

Force-field analysis

analytical process used to map the opposing forces within an environment (such as a business) where change is taking place

Gantt chart

a visual representation of a project schedule in which a series of horizontal lines shows the amount of work planned in certain periods of time

Organizational planning

Process of identifying an organization's immediate and long-term objectives, and formulating and monitoring specific strategies to achieve them; it also involves employee and resource allocation to allow for the effective completion of projects

Project

Specific and temporary activity with a start and end date, clear goals, defined responsibilities and a budget

Project management

Using modern management techniques to plan, carry out and complete a project a from start to finish in order to achieve preset targets of quality, time and cost

Fishbone diagram

Visual identification of many potential causes of a problem

Decision tree

Diagram that sets out the options connected a with a decision and the outcomes and economic returns that may result

Expected value

Likely financial result of an outcome obtained by multiplying the probability of an event occurring by the forecast economic return if it does occur

Force-field analysis

Analytical process used to map the opposing forces within an environment (such as a business) where change is taking place

Gantt chart

Visual representation of a project schedule in which a series of horizontal lines shows the amount of work planned in certain periods of time