The Operations Manager Performs the Management Activities of Planning, Organizing

question 113

True/False

The operations manager performs the management activities of planning, organizing, staffing, leading, and controlling of the OM function.

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Definitions:

Parameters

Boundaries or limits that define the range within which a process or operation is performed or an investigation is conducted.

Measurable Factors

Quantifiable elements that can be used to assess progress or performance.

Contingency Reserve

Funds allocated within a project budget to address unforeseen situations or risks, providing a buffer for unplanned expenses.

Unspecified Extra Costs

Additional expenses that were not originally planned or accounted for in a project's budget, often arising from unforeseen circumstances or changes.