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Planning: Engineering Management

Planning involves anticipating the future and determining strategies to achieve objectives. There are three levels of planning: strategic at the top level defining long-term vision and goals, intermediate at middle management focusing on short-term goals between 6 months to 2 years, and operational executed by teams to support the strategic plan. The planning process includes setting goals, developing strategies, determining resources, and setting standards. Functional area plans include marketing, production, financial, and human resource plans. Marketing plans outline objectives, strategies, and budgets. Production plans specify output needs. Financial plans analyze budgets and funding. Human resource plans indicate staffing needs.

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67 views

Planning: Engineering Management

Planning involves anticipating the future and determining strategies to achieve objectives. There are three levels of planning: strategic at the top level defining long-term vision and goals, intermediate at middle management focusing on short-term goals between 6 months to 2 years, and operational executed by teams to support the strategic plan. The planning process includes setting goals, developing strategies, determining resources, and setting standards. Functional area plans include marketing, production, financial, and human resource plans. Marketing plans outline objectives, strategies, and budgets. Production plans specify output needs. Financial plans analyze budgets and funding. Human resource plans indicate staffing needs.

Uploaded by

Roland
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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PLANNING

TECHNICAL
ACTVITIES
GROUP 2
WHAT IS PLANNING?

The Managment function that involves anticipating future


trends and determining the best strategies and tactics to
achieve orginizational objectives

The selection and sequential ordering of tasks required to


achieve an organizational goal
PLANNING AT VARIOUS
MANAGMENT LEVELS
TOP MANAGEMENT LEVEL
(STRATEGIC PLANNING)

Strategic planning is a process in which an


organization's leaders define their vision for the future
and identify their organization's goals and objectives.
The process includes establishing the sequence in
which those goals should be realized so that the
organization can reach its stated vision.
MIDDLE MANAGEMENT LEVEL
(INTERMEDIATE PLANNING)

Intermediate planning involves planning for the short-


term future, usually a period between six months and
two years in advance. Middle managers take care of
intermediate planning. They assess the business's
available financial, human and material resources and
determine how to use them.
LOWER MANAGEMENT LEVEL
(OPERATIONAL PLANNING)

Operational planning is the result of a team or


department working to execute a strategic plan. It is a
future-oriented process that maps out department
goals, capabilities, and budgets to promote the success
of team-based activities designed to support the
strategic plan.
PLANNING PROCESS
Planning Process

• Setting Organizational, Divisional,or Unit

Goals
• Developing Stratrgies or Tactics
• Determining Resources Needed
• Setting Standards
Setting Standards

• Workforce Development Planning


• Product and Services Planning
• Expansion Plans
• Financial Planning
FUNCTIONAL AREA PLAN
MARKETING PLAN

This is the written document or blueprint for implementing and


controlling an organization's marketing activities related to a particular
marketing strategies.
PRODUCTION PLAN

This is a written document that states the quantity of output a company


must produce in broad terms and by product family.
FINANCIAL PLAN

It is a document that summarizes the current financial situation of the firm,


analyzes financial needs, and recommends a direction for financial activities.
HUMAN RESOURCE
MANAGEMENT PLAN
It is a document that indicates the human resource needs of a company
detailed in terms of quantity and quality and based on the requirements of
the company's strategic plan.
PLANS WITH TIME HORIZON
PLANS WITH TIME HORIZON
SHORT RANGE PLANS LONG RANGED PLANS
01 02

these are plans intended to cover a these are plans covering time span
period of less than one year. First of more than one year. These are
line supervisors are mostly mostly undertaken by middle and
concerned with these plans. top management.
PLANS ACCORDING TO FREQUENCY
OF USE
STANDING PLANS SINGLE - USED PLANS
01 02

These are plans that are used again These plans are specifically
and again, and they focus on developed to implement courses of
managerial situations that recur action that are relatively unique
repeatedly. and are unlikely to be repeated.
Standing plans may be furthered classified as follows:

1. Policies - they are broad guidelines to aid managers at every level in making decisions about recurring
situations or function.
2. Procedures - they are plans that describe the exact series of actions to be taken in a given situation.
3. Rules-they are statements that either require or forbid a certain action.
Single used plans may further classified as follows:

• A budget, according to Weston and Brigham, is a plan which sets forth the projected
expenditure for a certain activity and explains where the required funds will come from.
• A program is a single-use plan designed to coordinate a large set of activities.
• A project is a single-use plan that is usually more limited in scope than a program and is
sometimes prepared to support a program
PARTS OF THE
VARIOUS
FUNCTIONAL
AREA PLANS
CONTENTS OF
MARKETING PLAN
MARKETING
SITUATIONAL MARKETING
OBJECTIVES AND
AND TARGET STRATEGIES
GOALS
MARKET
CONTENTS
MARKETING PLAN
MARKETING SCHEDULE FINANCIAL
TACTICS AND DATA AND
BUDGETS CONTROL
EXECUTIVE
SUMMARY
PRESENTS AN OVERALL VIEW OF THE
MARKETING PROJECT AND ITS
POTENTIAL
SITUATION-PROBLEM-
SOLUTION-EVALUATION
CONTENTS OF THE
PRODUCTION PLAN
Amount of How many How much
capacity the employees material should
company must are required be purchased
have
CONTENTS OF
FINANCIAL
An analysis of the a sales
PLAN
capital budget
firm's current
condition as
forecast
indicated by an
analysis of the most
recent statements
CONTENTS OF
FINANCIAL
the cash budget a set of pro
PLAN
the external
forma (or financing plan
projected)
financial
statements
PARTS OF THE
STRATEGIC PLAN
COMPANY OBJECTIVE STRATEGIES
OR S AND
CORPORATE GOALS
MISSION
EFFECTIVE
PLANNING
COMMITMENT FOCUS ON
TO GOALS
PLANNING
MANAGER'S PROCESS PROPER DECISION
ABILITY TO INFORMATI MAKING
PLAN ON
END OF REPORT

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