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Relationship between risk management and project management
Quizlet Operations Management
Quizlet Operations Management
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cility Management
Taking about facility management it is simply a management and includes multiple disciplines to ensure functionality of built environment by the coordination of space, infrastructure, people, organization and technology. Facility management includes planning for, building, maintaining, its security and improving city properties in a manner.
Assets (Financial) management mainly refers to the system which includes operating, maintaining, upgrading and disposing of assets (buildings, goodwill) properly with an objective of providing service to users. It includes sale/purchase, rental/return and demonization and rebuilt/modernization.
Behavioral management includes occupier’s satisfaction, their participation and their comments. In any company behavioral management have a huge influence.
Space management mainly refers to design, relocation. It helps to align workspace initiatives with business goals and increase efficiency.
Operational management is the main part of facility management and it is related with building enclosures, building services, building environment and building grounds. It involves with the process that converts inputs (materials, labor) into output (good or services). Operation management includes general management, manufacturing systems, production systems, equipment management, labor relations and so on.
Some scopes of facility managements are strategic management, human resources management, quality management, risk management, conflict management, project management, service management and information management.
Fig. Divisions of facility management
Project risks
Risk is a factor that may interfere potentially with successful completion of project. Project manager can handle some projec...
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...ed in building and schools, laboratories, health center, lodging and so on. Criteria for LEED® are:
Sustainable sites (pollution, transportation facilities and environmental impacts)
Water efficiency (water use reduction, waste water treatment)
Energy and atmosphere (energy performance of building, energy types, surrounding)
Materials and resources (construction waste management, reuse of building materials)
Indoor Environmental Quality (ventilation, construction indoor air quality)
Innovation and design process (innovative ideas for sustainable design)
Some of the other rating tools are Green Globes™ US, GBTool. These rating tools are focused on sustainable development and are designed for different types of projects. These tools includes life cycle assessment, life cycle costing, indoor environmental quality, whole building design, energy system design and so on.
Organizations that have this type of requirement usually assume a vertical organizational structure, with many layers of management, with the majority of the staff working in very specific, narrow, roles under authority. The many layers of management are designed to make sure that no one can throw the system off. This structure also ensures that tasks are performed correctly and accurately. Touro is a perfect example of this. Touro’s structure consists of a board of directors, which oversee the facility as a whole. Executives come next. The Board of Directors leaves it to Touro’s executives to see that their decisions are carried out and performed successfully in the daily operations of the hospital. Furthermore, each department has a department administrator which report to the executives about a specific operation system of the hospital. Last but not least come the patient care managers which directly oversee the medical providers. An example of a patient care manager would be a Charge nurse and the medical providers he/she would oversee would all the RN’s in the specific department for which they
the type of facilities, if any (e.g., retail establishment, manufacturing plant, etc.), although you may need to devote a separate
This book can be summed up in one sentence, "understanding the management techniques of sports facilities is imperative for anyone interested in pursuing a career in the sports facility arena."
Risk management is among the most important practices in the field of project management. A successful project completion and risk management often go side by side. An interesting aspect of project management is that a project can sti...
The EIA Directive aims to be integrative of all interested actors and to make a wide range of projects sustainable, in order to protect the environment, enhance the quality of life and reduce any friction between planners, developers and local communities [European Union (EU), 2009]. It is a process constituted by different stages from screening to evaluating and monitoring the impacts of the project implemented (Wood, 2003).
To achieve the goal of health care safety by providing quality services throughout their leadership role. Quality management provides a specific framework to consider the successful implementation of the risk management and improve the programs where participation is needed to share experiences. The governing body demonstrates that commitment of all stakeholders to sufficient management resources for effective mitigation. Quality of system increases patient satisfaction and will help people and employees to achieve the target goals. When an organization plans to increase needs and considers the improvement of quality, it will perceive the needs of patients.
The beginnings of today's green revolution can be traced back to the environmental awareness of the 1960s and European design. New construction techniques have lead to the development of innovative materials and design concepts. Green buildings are designed, constructed and commissioned to ensure they are healthy for their occupants. Successfully designed green projects can involve an extensive array of factors, ranging from the resourceful use of materials, to careful consideration of function, climate, and location.
However, some influential management authors believe that the classical management functions need to be update. Williams (2005, p. 7) updated the management functions and came out with four functions: making things happen; meeting the competition; organizing people, projects and process; and leading. To make things happen, it is essential to determine goals, planning ways to attain the goals, gathering and managing needed information to make superior decisions and also controlling performance to enable corrective action to take place if performance worsens. This function actually combined Fayol’s idea of planning and controlling. The thought of determining things to accomplish and developing plans to achieve goals is similar to function of planning suggested by Fayol, which is to define goals, establish strategy and develop plans to implement the strategy in order to reach the goals. Besides, Williams mentioned about controlling performance and corrective action, which is corresponding to Fayol’s classical management functions of controlling. Controlling, according to Fayol, involves observing organization performance and take action if necessary to ensure that goals are to be achieved. Nevertheless, the action of gathering and managing needed information to enable good decisions to be made is not stated in classical management functions. Based on the updated functions, organizing people, projects and processes included consideration of people issues and work processes. At the same time, Fayol mentioned organizing, which is the management process of determining best way to arrange organization’s resources and activities. They actually have the same meaning where both are about locating organization’s resources, which are the employees and also the work processes or activities. The Learning Company, a company that develops and markets games and software, was purchased by toy company Mattel. It was experiencing loss after three years of the purchase because each department in the company works independently and do not share resources.
...mba, K., 2012. Public facilities management and action research for sustainbility. 1st ed. Kgs. Lyngby: DTU Management Engineering.
The idea of change is the most constant factor in business today and organisational change therefore plays a crucial role in this highly dynamic environment. It is defined as a company that is going through a transformation and is in a progressive step towards improving their existing capabilities. Organisational change is important as managers need to continue to commit and deliver today but must also think of changes that lie ahead tomorrow. This is a difficult task because management systems are design, and people are rewarded for stability. These two main factors will be discussed with reasons as to why organisational change is necessary for survival, but on the other hand why it is difficult to accomplish.
This paper will reflect on the different uses of Project Risk Management and ways in which it can benefit organizations to have the ability to identify potential problems prior to the problem occurring. Risk, this is not something to be taken lightly whilst dealing with matters that include high end projects meeting specific details, deadlines and expectations for the end client. Project risk management teaches one to be aggressive early on in the phases of planning and implementing the tools for a project. This is usually easier as costs are less and the turnaround time to solve the issues at that present moment is beneficial rather than later. The result in a successful project for one’s self and other key people involved in the process is also another requirement. Stakeholder satisfaction is important because the
The concept of management within an organization typically occurs in an organizational setting. Organizations compromise a group of individuals who work together toward common goals. The concept of management within an organization can also be looked upon as a context as well as a process. Within the process of management there are four major functions planning, organizing, leading, and controlling.
Operations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. It deals with all operations within the organization. Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc.
It is very important to understand all the six topics discussed above, because they are of great importance in managerial economics. Understanding all the issues involved in the topics makes it easy to manage all the aspects involved of running the business. It will be possible to take manage risks and ensure that they do not bring any negative effects that might affect the company in a great way. It will also be possible to carry all other management in an effective way making the company to attain competitive edge over others (Rowe, 2001).
This research paper discusses some of the health care administrators’ daily activities that that may turn hazardous to the resources. This has been done in view of a hospital as an example of healthcare facility. The main reason for this is that a hospital is a complex, bustling patient centre and an interdisciplinary workplace for various personnel; yet the responsibility of keeping it running lies with the hospital administrator.