Management audit is a systematic and impartial examination, analysis and appraisal of management’s overall performance. It is basically a procedure of appraisal of management’s total performance by means of an objective and comprehensive examination of the organisation structure, its objectives, plans and policies, its operation and its use of physical and human resources, and methods of operation. Thus ‘management audit’ Read More …
Category: OFFICE MANAGEMENT
The subject office management is a part of B.com course in Indian universities. We post content related to office management like functions of the office, functions of office manager, departmentation of office functions, centralisation and decentralisation of authority in the office etc.
What is Statistical Quality Control?
The purpose of quality control is to ascertain whether the quality of a product or service is being maintained or if there is any variation in size, weight, finish etc. In every production process, there are always some standard specifications laid down either by the producer or the consumer. A good quality item is one which conforms to these specifications. Read More …
What is CPM (Critical Path Method)
CPM was developed by the engineers of the Du Pont Company in the 1950s for its application in all scheduling work, construction projects, research and development programmes and in many other situations that require estimates of time and performance. It calls for dividing a programme or project into its elementary parts in their chronological order of sequence. By breaking a Read More …
What is PERT (Programme Evaluation and Review Technique)
The key to success of most organisations is to clearly examine the projects or activities for the achievement of an objective within stipulated time and cost. Management is then required to determine detailed activities and their interrelationships, to estimate resources required and the time needed to complete these activities as per schedule, and to monitor and control the time and Read More …