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It is concerned with managing an entire production system that converts inputs (in the forms of raw materials, labor, consumers, and energy) into outputs (in the form of goods and services for consumers). [ 2] Operations management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology.
Industrial management is a branch of engineering which facilitates creation of management system and integrates the diverse engineering processes. Industrial Management deals with industrial design, construction, management, and application of science and engineering principles to improve the entire industrial infrastructure and industrial processes.
Responsibility assignment matrix. In business and project management, a responsibility assignment matrix [1] ( RAM ), also known as RACI matrix [2] ( / ˈreɪsi /) or linear responsibility chart [3] ( LRC ), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
Team Role Inventories. The Belbin Team Inventory, also called Belbin Self-Perception Inventory ( BSPI) or Belbin Team Role Inventory ( BTRI ), is a behavioural test. It was devised by Raymond Meredith Belbin to measure preference for nine Team Roles; he had identified eight of these whilst studying numerous teams at Henley Management College .
A physical plant, mechanical plant or industrial plant (and where context is given, often just plant) refers to the necessary infrastructure used in operation and maintenance of a given facility. The operation of these facilities, or the department of an organization which does so, is called "plant operations" or facility management .
v. t. e. Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property ...
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