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1- Why do different levels of management within an organization have different r

ID: 378396 • Letter: 1

Question

1- Why do different levels of management within an organization have different reporting requirements? How do they differ between organizational management, middle management, and senior management?

2- You have been assigned project manager for the new recruitment application (CRM type of application) for a university. As the project manager assigned to implement the new system, how would you insure your project does not become one of the 65% projects that fail?

3- What is ERP and why is it a benefit to have one?

4- How do enterprise systems help businesses achieve operational excellence?

Explanation / Answer

(1) The management of organization are classified based on funactionalities, roles and responsibility and how they process information to take decisions related to business.

Different levels of organization and functionalities at each level/ why they are differ

Overall responsibilities are:

             i) Set goals and objectives of the business.

            ii) Involved in long term plans, forecasting, budgeting policy related strategic planning.

           iii) Establish standards and maintain them

            

They are concerned with making action plans to transform organizational goals into execution level. They use information for short term planning and smooth execution

Lower level Management responsible for Operation process

These management is mainly involved in operational plans and procedures related to input and output as daily or routine activities. The decision levels are routine, standardized and structured in nature.

(2. )Project success is required good project planning, controlling and timely execution based on a well-defined deliverables and proper controls. To ensure, project does not part of failure, there are many techniques to recognise project deviation & failures, minimise them to make the project successful as possible.

Following are consideration to take as preventive actions

Focus on project goal: It is very important to manage scope, schedule, deliverables and other financial and budgeted terms those guarantee of a successful project.

Proper project planning & tracking milestones: Project Planning is a crucial stage that require full attention and dedication. Successful project requires fine tune planning that how to complete a project within a certain timeframe included defined stages, allocation of resources.

Ensure weekly/monthly status reports with schedule

–     Monitor project start and completion dates with defined milestones

–     milestones achieved and deviation from if any

–     Risk management and mitigation

–     Modes of communication

–     Problems or issues raised and resolved those encountered during execution.

–     Financial and budgetary status

–     Establish effective team: Team with right employees’ skill, experience and effective communication has to be formed for understanding and implementation of project.

§ Establish effective project planning, controlling, monitoring and overall management with right methodology.

(3).

Benefits of having ERP system in organization

(4)

Role of Enterprise system

Enterprise system is system contains people , machineries, processes , equipment, reports, methods , and means of communications that collects, store, process, validates, operates , analyse, , retrieves, and abstract relevant information for use in planning, controlling, budgeting, organizing ,and other management related process and making decision related to process. Data is processed in meaningful manner to have progressive decision.

Advantages of IS

It helps an Organisation to enhance their business value and assists all level of management like Top or Middle level managers to formulate strategies to have competition edge. In today’s era information and management of it is key aspect for every decision taken in an organization. Management can be considered as efficient and powerful if relevant and reliable information are available on regular basis with accuracy. It is inevitable task for manager to develop MIS for effective reporting system in order to use for future planning, forecasting, controlling and execution of business processes.