Test 1 Flashcards

to learn material for test 1 (90 cards)

1
Q

What is engineering?

A

i. The profession in which knowledge of mathematical and natural sciences gained by study, experience, and practice is applied with judgment to develop ways to utilize, economically, the materials and forces of nature for the benefit of mankind

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2
Q

What is management?

A

ii. A set of activities (including planning, organizing, decision making, leading and controlling) directed at an organization’s resources (human, physical, and information) with the aim of achieving organizational goals in an efficient and effective manager

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3
Q

What is engineering management?

A

i. Is the art and science of planning organizing, allocating resources, and directing and controlling activities that have a technological component

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4
Q

What is project management?

A

i. The planning, organizing, directing, and controlling of a company resources for a relatively short term objective that has been established to complete specific goals and objectives

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5
Q

What are the functions of a manager?

A

Planning, organizing, leading/motivating, and controlling

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6
Q

Planning

A

establishing objectives and goals, decision making, focus on the future, what are we aiming for

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7
Q

Organizing

A

Establishing roles for people, determining how resources are acquired

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8
Q

Controling

A

ensuring that the actual events conform to planned events; who judges results and by what standards

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9
Q

Leading/Motivating

A

directing; guilding; instructing; influencing people to willingly and enthusiasicallly work towards the achievement of organizational goals; what encourages people to do their best work; who decides what and when?

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10
Q

Management Levels

A

first line, middle, top

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11
Q

First line managers

A

Manage hourly workers and non managers in a short term (hourly weekly basis. They make decisions such as assigning work, evaluating performance, operational decisions. There is a trend to replace them with group or team leaders

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12
Q

Middle line managers

A
  1. Manage first line managers, manage through other managers in a weekly, monthly or yearly basis. Their duties include departmental policies, department evaluations, and ensuring departments are meeing organizational objectives. The trend is to drastically replace them through organizational flattening
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13
Q

Top Line Managers

A
  1. Manage middle managers in a long term (5-10 years) or yearly basis. They define the mission, objectives, goals for the organization, stragetic planning, responsibility and accountability to the board of directors
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14
Q

What are managerial roles?

A

Interpersonal- Figurehead, leader, liaison
Informational - Monitor, disseminator, and spokesperson
Decisional- Entrepreneurial, disturbance handler, resource allocator, and negotiator

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15
Q

Origination of Engineering Management

A

Ancient civilizations, arsenal of venice

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16
Q

Managerial Skill requirements

A

i. The necessary skills are conceptual, interpersonal, and technical. The need for interpersonal skills stays the same for each managerial level. However, technical skills decrease and conceptual increase as you go up in managerial levels

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17
Q

What role did the industrial revolution play?

A

i. It was the end of the cottage industry. There were problems in the factory that needed to be addressed and engineering management came about to fill that void. Industrial development in the Americas along with the development of engineering education helped engineering management come to be.

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18
Q

What is the Scientific Management theory

A

Based on finding the best way to do a job, management vs. the worker

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19
Q

Administrative

A

based on how an organization is structured

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20
Q

Behavioral

A

studying how people work

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21
Q

Hawthorne Effect

A

tendency for improved worker performance as a result of special attention paid to the physical environment

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22
Q

Abilene Paradox

A

when a group takes an action that is contradictory to what the individual members would choose to do

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23
Q

Quality

A

ensure that an organization or product is consistent, can be considered to have four main components: quality planning, quality control, quality assurance and quality improvement.[1] Quality management is focused not only on product/service quality, but also the means to achieve it.

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24
Q

What is planning?

A

ii. Provides a methods for identifying objectives and designing a sequence of programs and activities to achieve these objectives What are we waiting for and why?

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25
Types of plans
i. Stragetic, technology, market, financial, operating plan, production plan, resource plan, and project plan
26
SWOT
strengths, weaknesses, opportunities, and threats. Helps companies determine the factors that are key to their success
27
Gap analysis
analyze where you are with respect to where you want to be in future
28
Peter Drucker
i. Father of modern management ii. Wrote that organizational objectives must be established in all areas on which the organization survival depends iii. world is rapidly changing companies must change or be irrelevant
29
Key results Area
i. Market share, innovation, productivity/quality, physical and financial resources, manager performance and development, worker performance and attitude, profitability, and social responsibility
30
MBO
management by objectives; used to translate broad organizational goals into specific individual goals. Should be employed between superior and subordinate at all levels
31
Forecasting
Foreseeing what the future will be like
32
Why is forecasting important?
Helps determine contingency plans
33
Delphi Method
Asking panel/pool of experts their opinion, but ask individually
34
Sales force composite
Projecting future demand based on anticipated demand
35
User's expectation
Market research
36
Normative
make decision and plan
37
Exploratory
make predictions based on current methods
38
Laws and Regulations
impact technology planning and forecasting
39
S curve
slow but spikes and levels out
40
Quantitative
i. Analysis is based on past data and assumes there is a relationship to past data 1. Only as good as the data used
41
Intrinsic
using internal data
42
Extrinsic
using external data such as economic conditions
43
Simple Moving Average
1. Use when no trends or seasonality, data tends to lag (low during periods of increase and high during periods of decrease)
44
Weighted moving average
1. Reduces lagging found in a simple moving average
45
Exponential Smoothing
1. Reduces the weight of old data, faster/easier than weighted moving average 2. There is lagging
46
Simple linear regression
assume a linear relationship between the actual demand (dependent variable) and the ith value (independent) in a histrorical data set to arrive at the least square equation
47
Multiple
base forecast on multiple independent variables to account for various factors that might impact (more useful)
48
Decision Making Process
i. Recongnize the problem or opportunity ii. Define the problem iii. Gather information iv. Formulate and develop alternatives v. Evaluate the alternatives vi. Select and implement the best alternative vii. Follow up and review effectiveness
49
Types of Decisions
i. Routine vs non-routine (by frequency) ii. Superiors vs Subordinates vs Self (how they are imposed) iii. Objective vs bounded rationality iv. By level of certainty (under certainty, under risk or under uncertainty)
50
Management science and modeling
Operations Research, systems view
51
Operations Research
1. Is the application of scientific methods, techniques, and tools to problems involving the operations of a system so as to provide those in control of a system w/ optimum solutions to problems
52
Systems view
included all of the significant and interrelated variables contained in the variable
53
Team Approach
personnel w/varied backgrounds and training work together
54
Modeling
abstraction or simplification of reality designed to include only the essential features that determine the behavior of a real system
55
Types of Models
1. Physical- expensive 2. Conceptual- not rigorous enough 3. Mathematical- sometimes best, optimize cost
56
Decisions under certainty
linear programming, OR 1
57
Pay off Table
i. Used for decisions under risk (OR 2) 1. Queuing theory, simulation ii. Uses expected value- probability*future state
58
Management information Systems
focus on generating better solutions for structured problems
59
Decision Support Systems
interactive systems providing the user w/ easy access to decision models and data in order support semi-structured and unstructured decision making
60
Expert Systems
knowledge based systems (Artificial Intelligence)
61
Equally Likely
Average outcome
62
Maximax
Choose the alternative with the biggest payout
63
Minimax regret
smallest difference between the best and worst outcome
64
Hurxicz
uses alpha, the user determines a position between optimism and pessimism
65
Vision
where the goal setter wants to be
66
Mission statement
sets forth what the company is aiming to do and its usually what the customer sees
67
Objectives
desired future positions
68
Goals
specific targets to be sought at specified points in time
69
Strategies
statements about the way goals will be achieved
70
Projects/Programs
resource consuming sets of activities through which the objectives are implemented and goals are pursued
71
Decision under risk
expected value, decision tree, queuing theory, simulation
72
Under uncertainty
maximax, maximin, hurwicz, equally likey, minmax regret, game theory
73
Stephen Covey
The seven habits of highly effective people
74
Thomas Friedman
Globalization-the world is flat
75
Alfred Sloan
decentralized organizations with centralized control
76
W. Edwards Deming
Seven deadly diseases Plan Do Check Act, launched Total Quality Management
77
Henri Fayol
divided administration into planning/ forecasting, organization, command, coordination, and control; established "14 General Principles of Administration"
78
Charles Babbage
grandfather of scientific management, demonstrated world's first practical mechanical calculator, developed time study methods
79
Strategic Plan
organized process for selecting the most effective stategies for achieving organizational purposes
80
Types of Initative
1. ) wait and be told what to do 2. ) ask what to do 3. ) recommend and act accordingly 4. )acting and asking for advice 5. ) acting and giving updates
81
Management time
1. )boss imposed 2. )self imposed 3. )system imposed
82
Rules for feeding monkeys
1. ) feed or shoot 2. ) keep monkeys below a max. amount 3. ) monkeys should only be addressed at appt. times 4. ) monkeys should be assigned an initiative level and feeding time
83
Why do leaders make bad decisions
1.) pattern recognition and emotional tagging
84
Evaluate bias
1.) lay out options 2.) list decision makers 3.) choose one 4.) check for inappropiate self interest/bias 5.) check for misleading memories 6.) repeat for everyone 7.) evaluate red flags
85
MBO
1. ) super/ordinates must understand organizational plans 2. ) mutually establish objectives specific to the subordinate and a time frame 3. ) must be quantifiable or verifiable 4. ) must meet at end to evaluate success
86
Corollary MBWA
management by walking around
87
Management Science
Quantitative method to decision making. emphasis on mathematical approach, team approach, and a systems view
88
Routine Decision
well structured, few uncertainties, use policies, rules, past precedence to be solved. made by lower management
89
Jerry B Harvey
Came up w/ the Abilene paradox
89
Non-routine
unstructured situations, high uncertainty, ambiguity must use intuition and judgement