1. TONEY L FERGUSON SR. M.B.A., M.P.M Unit 4

2. Agenda Scientific Management Trends in Human Resources Management Importance of Project Management Q and A Session

3. Scientific Management

4. Scientific management is breaking jobs into smaller tasks. Advantages  Increased output  Lower labor costs  Minimal training Disadvantages  Boredom  Lack of motivation  Physical fatigue  Mental fatigue

5. Scientific Management Assembly line  is characterized by a linear sequence of operations. Job Shop  make products only to customer order in batches using a process layout. Project  is used for creative products

6. Scientific Management Flow Charts  use to describe a process visually to find ways of improving the current process.  Find repetitive operations  Identify bottlenecks  Describe directions and distances of flows (people, material and information)  Reduce waste

7. Trends in Human Resources Management

8. Famous Quote Employees are companies most valuable resource

9. Trends in Human Resources Management Why should companies be concerned with Human Capital (People)?  To gain more productivity  To improve morale  To make more money

10. Trends in Human Resources Management Flexible time  Employees are able to choose work time.  What are advantages?  What are disadvantages? Telecommuting  Employees work electronically from any location  What are advantages  What are disadvantages

11. Trends in Human Resources Management Cross-Training  Do you think cross-training has helped companies to stay competitive?  What are the benefits of having a cross-trained workforce? Employee empowerment  Do you think employee empowerment benefit employers with a unskilled work force?

12. Project Management

13. Project Management Defined Business Solution  Must satisfy a business need A specific duration  Defined life span A change in status quo  Outcome is new and different Should not be confused with daily activities

14. Work Breakdown Structure Description of project work activities or tasks It is the map of a project Outlines different levels of a project Lowest level is called work packages Work packages are short duration tasks Cost estimates are included in WBS WBS tracks cost and work performance

15. Project Failures Bad ideas turn into projects Project with unclear objectives Rely on software to solve problems Not supported by senior management Lack of experience from the project manager

16. The Gantt Chart Gantt chart shows planned and actual progress for a number of tasks Easy to read method indicating current status  Requires frequent updating.  Clear picture of the current state of a project

17. Any Questions Thank you for your attendance this evening. Are there any questions at this time?