The goal of management training is to increase productivity of all employees by motivating and educating managers. As manager confidence increases, so can the ability of the manager to implement. Describe the Advantages and Disadvantages of Project Management Reviewed by: Hashaw Elkins, MSPM, PMP, CSM, CSPO, PMI-PBA, LSSBB. Picincu, Andra. 'Describe the Advantages and Disadvantages of Project Management.' 09 December 2018. Picincu, Andra. (2018, December 09). Solver xlam downloading. ![]() ADVERTISEMENTS: It may be helpful to summarise the major benefits and weaknesses of the M.B.O. It is a therefore, imperative to analyse its strengths and weaknesses so that managers going through M.B.O. ![]() Become cautious against its weaknesses. The major benefits of M.B.O. Can be summarised as under (which narrates its importance): 1. Better Managing: M.B.O. Results in better management as objectives cannot be accomplished without planning, and result oriented planning is a pre-condition for M.B.O. Every organisation stands for certain objectives and management efforts are directed towards attainment of these objectives. Compound bow serial number lookup. To ensure that objectives are realistic, it also requires managers to think of the ways and means to accomplish given results and also of the organisation and personnel they will need to do so. They also provide the standards of control so that managers can ensure that they are moving in the right direction. Clarity in Organisation: M.B.O. Tends to force clarification in organisational roles and structures. Key result areas are identified and assigned to different individuals. Thus, various positions are created with responsibility, authority and resources at their disposal. ADVERTISEMENTS: This process identifies and removes many complications in the organisation, particularly in the case of decentralisation, delegation of authority and fixation or responsibility. Personal Commitment: One of the great advantages of M.B.O. Is that it encourages people to commit themselves to their goals. Without M.B.O. People just doing work, following instructions, and waiting for guidance and decisions, but now they are individuals with clearly defined purposes. They also had a chance to take part in setting the objectives, and an opportunity to put their ideas into practice they understand their area of discretion, their authority and can also get positive help from their superiors to ensure that they can accomplish their goals. Effective Controls and Appraisal: M.B.O.’s not only ensure effective planning but also aids in developing effective controls. M.B.O.’s besides providing clarity as what one is expected to achieve, also provides the measurement criteria to judge where one stands. More organisations are moving towards appraisal of by objectives and results rather than traits.
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