Oregon productivity matrix - performance measures, Operation Management

Assignment Help:

Oregon Productivity Matrix - Performance Measures

The Oregon productivity matrix (OPM) was developed in Oregon State University in 1986 and measures accomplishments against goals. The OPM is seen as a grid in which different measurement categories are depicted vertically along the grid. Sub- goals and final goals are set horizontally. The following elements are important for the OPM's usefulness.

Firstly, it allows for multiple measurement categories where baseline and current performance levels are depicted. Secondly, it sets a goal level for each category to be achieved over a specified period of time with incremental sub-goals. Lastly, different goals are weighted according to their significance. The versatility of this tool is strengthened by the opportunity to include any desired goal with the underlying sub-goals and then weigh these according to their importance. By doing this, aggregate performance scores can be generated periodically and be used as an objective foundation for a performance management system.


Related Discussions:- Oregon productivity matrix - performance measures

Explain mitigate the anticipated difficulty, From the e-Activity, analyze t...

From the e-Activity, analyze the process of statistical quality control and determine which part of the process would be most difficult for you personally as well as what steps you

Define what will be the average number of jobs in the system, A single mach...

A single machine work center has five jobs assigned to it. They are labelled, in the order of their arrival in the shop, as jobs A, B, C, D and E. The work center may work on only

Lpp. operation research, A paper mill produces two grades of paper viz., X ...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Operating budget, The copy center in the College of Business at State Unive...

The copy center in the College of Business at State University has become an increasingly contentious item among the college administration. Department heads have complained to

Explain about the organization and its resources, 1. How to characterize yo...

1. How to characterize your supervisor's approach to management? For example, which particular management tasks and roles does this person perform most often? What kinds of managem

Product layout, define the following key terms in product layout; product i...

define the following key terms in product layout; product interval time, product duration, asssembly line balancing.

Explain damage and restrict water access, Please explain how you would hand...

Please explain how you would handle the following question: An environmental impact statement confirms that you are within your legal rights to build a hotel property in a scenic a

Explain competitive strategy relate to value chain structure, How does comp...

How does competitive strategy relate to value chain structure?

Explain evaluation or rewards systems a source of conflict, How are differe...

How are different evaluation or rewards systems a source of conflict?

Explain new plant manager puts high emphasis, Two Industrial engineers (IE)...

Two Industrial engineers (IE) manage two adjacent subassembly lines separated by a buffer with a fixed capacity as shown in the figure below. They are good friends but they like me

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd