strategic Planning and Control

Jun 28th, 2015
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Project planning is a crucial element of project management, and a project manager will spend a large amount of time planning and re-planning.

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PRODUCTION PLANNING AND CONTROL1FUNCTIONS OF A PRODUCTION DEPARTMENTThe activity of production department of an organization can be stated tobe :To convert the physical resources of the manufacturing concern intosaleable goods and servicesFor achieving the above objective, the Production department must performthe following activities:a)Production of goods at the right time and in sufficient quantity to meetthe demand.b)Production of goods at minimum possible costc)Production of goods of acceptable quality2PRODUCTION PLANNING AND CONTROLINTRODUCTION:1. The efficiency of the production system is its ability to producethe products with required quantity and specified quality at apre-determined cost and pre-established time.2. Production Planning and Control is a tool available to achievethe above stated objectives.3. Production planning starts with the analysis of the given data,i.e., demand for products, delivery schedule, etc.4. On the basis of the information available, a scheme of utilizationof firms resources, like machines, materials and men are workedout to obtain the target in the most economical way.3PRODUCTION PLANNING AND CONTROLINTRODUCTION (cont. ) :5. Once the plan is prepared, then operations are performed inline with the details given in the plan.6. Production planning and control can be defined as:direction and co-ordination of firms resources towardsattaining the pre-fixed goals.4PRODUCTION PLA

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