Module 1 - Introduction to Engineering Management Flashcards
(88 cards)
The application of knowledge gained from research, experience, and practice of mathematical and natural science.
Engineering
The career in which the knowledge gained from research, experience, and practice of mathematical and natural science is applied with judgment to establish ways of using, economically, the materials and forces of nature for the benefit of humanity.
Engineering
Set of activities focused at the resources of an organization in order to effectively achieve organizational objectives
Management
Specialized form of management required to successfully lead engineering personnel and projects
Engineering Management
________________ can be used to describe either functional management or project management
Engineering Management
It refers to the activity of combining “technical knowledge with the ability to organize and coordinate worker power, materials, machinery, and money.
Engineering Management
Those in positions of authority who make decisions
Managers
Those who make decisions to commit their resources of others towards the achievement of the objectives of an organization.
Managers
someone whose primary responsibility is to carry out the management process
Manager
someone who plans and makes decisions, organizes, leads, and controls human, financial, physical, and information resources
Manager
______________ and ___________ make conscious decisions to set and achieve objectives.
Management, managers
A group of two or more individuals that exists and works to achieve widely held goals.
Organization
a critical part of all management activities.
Decision making
Using resources wisely and without unnecessary waste
Efficient
Doing the right thing successfully
Effective
Basic Elements of Management
- Objective
- Financial, Human and Material Resources of Management
- People
Setting goals for the achievement of which management tasks are driven.
Objective
are goals – target to school for states of being or places to be reach through plans and finally actions.
Objective
__________________ is only possible by the setting of targets, and all management efforts should be geared towards achieving these _______.
Effective management, goals
Objectives constitute the ___________, the attainment of which is necessary for the _____________
purpose, business
If well defined objectives have been set, an organization will develop in an ______________.
orderly way
A pre-requisite for planning is ______________. Without _______________, no preparation is possible.
objectives, setting targets
only possible by setting goals that are aligned with the common objectives of the organization.
Effective management
5M’s of Management
- Money
- Manpower
- Materials
- Machines
- Methods