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PRODUCTION and OPERATION MANAGEMENT

Home
About us!!
Subject Outline
Introduction & Definition
History of Project Management
Project Management Steps
Work Breakdown Structure
Team Development
Project Control & Management
Critical Path Scheduling
What are Time-Oriented Management Techniques?
Project Management Time-Cost Trade-Off
PERT and CPM:Differences
WEBliography

What are Time-Oriented Management Techniques?

Traditional management techniques are process oriented. Much after Adam Smith wrote of the virtues of Division of Labor ("The Wealth of Nations", 1776), Alfred P. Sloan applied the same concepts to management. The processes of management were divided into tasks: by managing the tasks, the process was managed. Since then, processes have been fine-tuned to the point of diminishing returns.

Efficiency is a measure of how well effort is converted into results. In mechanical systems, efficiency is measured in terms energy expended and work done. In business processes, efficiency is is measured in terms of reduced wastage: Efficiency experts eliminated redundant steps from processes, Reengineering focuses on questioning the need for steps in any process to rebuild the processes from ground up.

Efficient people are those who do not waste Time. Therefore, another measure of efficiency is how well time is used or how little time is wasted. Time Management has traditionally been an individualistic skill. With the help of Time-Oriented Management Techniques, it is possible to create efficient teams and organizations. Time Management is not longer for the individual.