Management tips and tools this week:
Quality Plan for Construction Projects
Construction Projects Quality Plan In a highly regulated industry like construction a quality plan is necessary to not just keep workers safe. But to ensure that the project is carried out consistently and it’s in compliance with a certain level … Continued
Project Report on Customer Satisfaction
Customer Satisfaction Project Report Customer satisfaction is an important task to be undertaken in any organization that is serious about retaining customers for the long term. What is customer satisfaction? Customer satisfaction helps you to measure how satisfied your customers … Continued
Project Appraisal Techniques with Examples
Project Appraisal Techniques At times organizations tend to have lots of projects being started but they are not evaluated properly. As a result of that those projects will have a larger a risk of failing and when it does persons … Continued
Production Plan Template for Excel
Excel Template Production Plan Production plan is an important activity to do in organizations who are regularly involved in manufacturing products. It helps you to put all your production processes and operations in a framework which makes it easy to … Continued
Product Planning and Development Process
Creating a product is never an easy job. From the consumer side of things we may complain a lot when our product does not meet our expectations. But you got to understand that it’s never easy. To get a product … Continued
Activity Based Costing Example Excel
Activity Based Costing Example with Excel In any business that is serious about strict budgeting, activity based costing can be useful. The reason why activity based costing is necessary is because it helps you as manager to see the true … Continued
Activity Based Costing Pros and Cons
ABC Costing Pros and Cons A lot of businesses who aren’t already implementing activity based costing in their organization can find it pretty useful if they tried. If they just rely on the plain traditional budgeting system which is still … Continued
Advantage of Activity Based Costing
Advantages of ABC Activity Based Costing Keeping your project’s budget under control can at times be a difficult job to get done. Sometimes you might estimate then make a prediction that your project is totally on budget. Next when you … Continued
How to Create a Quarterly Business Plan
How to Write a Quarterly Business Plan A number of circumstances may clarify the necessity to create a business plan which concentrates on a specific quarterly time period or 3 months. An organization may need approval in order to devote … Continued
Balanced Scorecard Performance Measurement Examples Templates
Balanced Scorecard Performance Measurement Examples Performance measurement is an important aspect of a balanced scorecard. One of the main reasons why is simply because it’s not enough to just set objectives. It would just make your balanced scorecard incomplete. If … Continued
Business Analysis Valuation Using Financial Statements
Business Analysis Valuation Financial Statements At times analyzing companies is no easy job. Despite the fact that the top analysts at Wall Street usually rake in millions yearly there is always a lot of pressure on their shoulders to perform. … Continued
Cash Flow Statement Example Excel Templates
Cash Flow Statements Examples in Excel Cash flow statement is a necessary part of any financial report. It helps to give stakeholders and executives an inside look on how well the company is receiving cash and how well they are … Continued
How to Use Financial Reports in Business
Ways to Use Financial Reports and Statements The key kinds of financial reports running a business would be the income statement or profit and losst statement, balance sheet plus cash flow report. Every report is really a typical statement type … Continued
Benefits of Team Based Organizational Structure
Team Based Organizational Structure Among the latest types of company organization is a team based organizational structure. The team based structure can be a company chart which sets employees on a single work level in teams which execute particular … Continued
Balanced Scorecard Financial Perspective Examples
Examples of Balanced Scorecard Financial Perspectives When you think about the balanced scorecard and its four main perspectives you must focus on in your organization. Otherwise from the internal business process perspective, the financial perspective is another area you must … Continued
Balanced Scorecard Learning and Growth Examples
Balanced Scorecard Learning and Growth In the learning and growth section of your balanced scorecard it’s basically about what your company must learn in order to improve. Now by looking at that definition it may seem pretty simple to create. … Continued
Budget vs Actual Excel Chart Templates and Examples
Budget vs Actual Excel Chart Creating a budget vs actual comparison for your company will help you as a business owner to compare your projected budget value against its actual value. One of the main benefits of why this … Continued