In: Operations Management
consider a project you are working on either at work or at school. Write a project plan. Are the projects goals and objectives clearly stated? how do you know?
In case of general project plan consist of time planning along with requirement of manpower, machines & financial investment.
Goals are long life end result, & objective is measurable steps to accomplish goals.
Accordingly each goal gets divided in four basic sub parts.
1st Objective- Collection primary information & developing blue print of project with time schedule.
2 nd Objective- Getting approval from concern authorities for commencement task.
3 rd Objective - Deploying resources & monitoring the scheduled task as per standard mansion. Finally submitting completion report.
4th objective-As per exit protocol follow steps
Thus in care of routine business money earning may be goal & to attain this goal company may achieve this goal either by reducing expenses or by expansion of business territory. Thus objective will ever be supported by word targeting maximization & minimization with time bound frame. Whereas goals are always fixed, but objective get alter according to environment. Thus business houses never change there goals but ever alter their objective to meet goal.