-
Summarise the
importance and the steps of the planning process at organisations;
-
Describe the
nature, components, and levels of strategies;
-
Identify
strategy formulation and implementation across the strategy levels.
-
Describe
different functional strategies as approaches for strategy
implementation;
-
Outline the
guidelines for developing and executing tactical plans;
-
Define the two
most basic forms of the operational planning;
-
State
the major barriers to goal setting and planning and ways to overcome
them;
-
Use the
regression analysis in cost estimating;
-
Use the four
criteria in evaluating regression output;
-
Understand the
importance of market conditions in the cost estimating process;
-
Understand the
product process, the cost accounting system and the reasons of
charging for using the service department resources;
-
State the
importance of measuring the cost of using service department -
output;
-
Identify
different types of responsibility centres in organizational
budgeting;
-
Differentiate
between the different types of the organizational budget;
-
Identify the
organizational budgeting process development approaches and steps;
-
Identify and
manage the risk and uncertainty in making decisions;
-
Describe the
contingency planning and specify the accurate time to use it;
-
Explain the
purpose of decisions about a project design;
-
Describe the
logical relationships between division of work, departmentalization,
hierarchy, and co-ordination;
-
Define
downsizing in terms of the four building blocks of project design,
and be able to minimize its pain;
-
Explain the
three major ways of project structuring;
-
Identify the
activity centres and their four levels;
-
Trace costs
activities centres;
-
Describe the
nature of control in organizations, including its purpose, areas,
importance and responsibilities;
-
State the major
forms of operations control and why organizations use multiple
control systems.
