Controlling Quarter

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Performance Control Quarter (hereinafter, the Quarter) is the first of four lectures of Operations Quadrivium (hereinafter, the Quadrivium):

The Quadrivium is the first of seven modules of Septem Artes Administrativi, which is a course designed to introduce its learners to general concepts in business administration, management, and organizational behavior.


Outline

The predecessor lecture is Compliance Research Quarter.

Concepts

  • Controlled processing. A detailed consideration of evidence and information relying on facts, figures, and logic.
  • Automatic processing. A relatively superficial consideration of evidence and information making use of heuristics.
  1. Enterprise result. Any enterprise output, outcome, benefit, and/or drawback that effects somebody or something or may be perceived as effecting somebody or something.
  2. Controlling. Management function that involves monitoring, comparing, and correcting work performance.
    • Controlling. Monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.
    • Control process. A three-step process of measuring actual performance, comparing actual performance against a standard, and taking managerial action to correct deviations or inadequate standards.
    • Feedback control. Control that takes place after a work activity is done.
    • Feedforward control. Control that takes place before a work activity is done.
    • Concurrent control. Control that takes place while a work activity is in progress.
  3. Quality control (QC). 1) The process of monitoring specific project results to determine if they comply with relevant quality standards and identifying ways to eliminate causes of unsatisfactory performance. 2) The organizational unit that is assigned responsibility for quality control.
    • Quality. The ability of a product or service to reliably do what it's supposed to do and to satisfy customer expectations.
    • Range of variation. The acceptable parameters of variance between actual performance and the standard.
  4. Task performance. The combination of effectiveness and efficiency at doing core job tasks.
    • Task performance. The combination of effectiveness and efficiency at doing your core job tasks.
  5. Earned value (EV). The physical work accomplished plus the authorized budget for this work. The sum of the approved cost estimates (may include overhead allocation) for activities (or portions of activities) completed during a given period (usually project-to-date). Previously called the budgeted cost of work performed (BCWP) for an activity or group of activities.
    • Earned value management (EVM). A method for integrating scope, schedule, and resources, and for measuring project performance. It compares the amount of work that was planned with what was actually earned with what was actually spent to determine if cost and schedule performance are as planned.

Methods

Instruments

Practices

The successor lecture is Quality Assurance Quarter.

Materials

Recorded audio

Recorded video

Live sessions

Texts and graphics

See also