Strategy Planning
The process of establishing goals and plans to achieve goals.Requirements Management
Formally documenting plans as requirements and managing change to these plans.Financial Controls
Financial controls such as the practice of developing, monitoring and accounting for a budget.Performance Management
The process of agreeing to a set of objectives with employees and evaluating performance against those objectives.Supervision
Monitoring the performance of employees to improve productivity, efficiency and work quality.Change Control
A process for submitting, evaluating, approving, prioritizing, implementing, communicating and reviewing change to an organization.Program & Project Management
Implementing change in a managed way with program management and project management practices.Risk Control
The repeated process of identifying, analyzing and treating risk.Safety Controls
Identifying and eliminating safety hazards and implementing ways to reduce safety risks.Security Controls
Implementing safeguards and countermeasures for risks to people, property and information.Compliance Controls
The implementation of processes, procedures, systems, checks, measurements and reports to comply with laws, regulations, standards and internal policy.Metrics & Reporting
Developing and communicating meaningful measurements of organizational performance.Benchmarking
The repeated process of benchmarking your results against your industry, competition or current best practices.Continuous Improvement
The repeated process of measuring things, improving them and measuring again.Quality Control
Ensuring that outputs conform to specifications. For example, implementing a process to test products on a production line.Quality Assurance
Quality assurance is the process of preventing future quality failures. For example, the practice of investigating the root cause of all quality failures to identify improvements.Automation
Improving productivity, efficiency and quality by replacing work with automation.Knowledge Management
The practice of capturing information and knowledge that may be useful in future.Data Management
The control of data in areas such as data quality, data lineage, security, integration and compliance.Inventory Control
Regulating and accounting for inventory to avoid a shortage or surplus of a supply.Asset Management
Control of assets such as facilities, infrastructure, machines, software and intellectual property. For example, a system of accounting for assets that implements appropriate separation of concerns.| Overview: Management Control | ||
Type | ||
Definition | A process, practice, policy, tool, measurement or system that is put in place to allow management to direct the resources of an organization. | |
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