I Manage Mo Nga Buhay Ko
I Manage Mo Nga Buhay Ko
I Manage Mo Nga Buhay Ko
3. Senior-Level • Organizing
- engineers at this level are involved in strategic planning and - Arranging resources (people, equipment, materials) and tasks to
decision - making, often overseeing multiple projects and achieve the organization's goals. This involves creating a
managing large teams. structure for the project team and assigning responsibilities.
• Leading
Engineering Management combines the technical problem-solving - Directing and motivating employees to achieve organizational
goals. Leadership in engineering involves communicating
capabilities of engineering with the organizational, administrative,
project goals, managing teams, and ensuring that work is
and planning abilities of management. completed safely and efficiently.
• Leadership
- Develop strong leadership qualities to inspire and guide your Elements of Decision-Making:
team. A good leader motivates their team, fosters collaboration,
• Alternatives: Different paths or options available.
and drives the project toward success.
• Criteria: Standards or benchmarks for evaluating alternatives (e.g., 5. Select the Best Alternative:
- Choose the option that offers the best balance between potential
cost, time, resources).
benefits and risks.
• Desired Outcome: The goal or objective that the decision aims to Decision Rule: The alternative that maximizes value or
utility.
achieve.
6. Implement the Decision:
- Put the chosen alternative into action, including planning,
resource allocation, and communication.
Types of Decision-Making:
Example: Launching a marketing campaign based on the
• Programmed Decisions: Routine decisions made using established selected strategy.
7. Monitor and Evaluate the Outcome:
guidelines (e.g., reordering stock when levels are low).
- Continuously assess whether the decision is delivering the
• Non-Programmed Decisions: Unique and non-recurring decisions expected results.
Feedback Loop: Use the results to refine future decision-
that require creative solutions (e.g., launching a new product line).
making processes.
4. Evaluate Alternatives:
- Analyze each alternative against criteria such as feasibility, risks,
• Intuitive Decision-Making
costs, and benefits.
Tools: Decision matrices, pros and cons lists, cost-benefit - Relying on instincts, experience, and gut feeling.
analysis.
§ Advantages: Quick decisions in situations where Key Concepts:
data is limited or time-sensitive. Economic Order Quantity (EOQ): Calculates
Examples: Emergency management, rapid the ideal order quantity to minimize total holding
business pivots and ordering costs.
Reorder Point: The level of inventory at which a
Creative Problem-Solving
new order should be placed.
Innovating and thinking outside the box to come up with novel
• Queuing Theory
solutions.
Techniques: Lateral thinking, design thinking, Purpose: To analyze and optimize waiting lines or queues,
and brainstorming. ensuring efficient resource utilization while minimizing
Applications: Complex problems requiring new customer wait times.
strategies, product innovations. Key Concepts:
Service Rate vs. Arrival Rate: Balancing the rate
Participative Decision-Making
of service provision with the rate of incoming
Involving stakeholders, team members, and even customers in customers.
the decision-making process. Queue Discipline: Rules for determining the
Benefits: Greater acceptance, better insights from order in which customers are served (e.g., first-
diverse perspectives, increased morale. come-first-served).
Examples: Democratic leadership styles,
• Network Models
collaborative project planning.
- Purpose: To optimize the flow of goods, services, or
information through a network.
Quantitative Models for Decision-Making - Key Concepts:
Shortest Path Problem: Finding the most
• Introduction to Quantitative Decision-Making
efficient route in a network (e.g., transportation,
Quantitative models use mathematical and statistical tools to communication).
analyze complex problems, offering objectivity in decision- Maximal Flow Problem: Determining the
making. maximum possible flow in a network (e.g., water
distribution, traffic flow).
• Forecasting
Common Techniques
• Purpose: To predict future data points or trends based on
• Inventory Models
historical data.
Purpose: To determine optimal inventory levels that minimize • Key Techniques:
costs while meeting demand.
Time Series Analysis: Analyzing patterns like • Purpose: To find the optimal solution for problems involving
trends, seasonality, and cycles in data. multiple constraints and objectives.
Exponential Smoothing: Applying weighted • Key Concepts:
averages to forecast future values. Objective Function: The goal that needs to be
maximized or minimized (e.g., profit, cost).
• Regression Analysis
Constraints: Limitations or requirements that
• Purpose: To identify the relationship between dependent and must be satisfied (e.g., resources, time).
independent variables.
• Sampling Theory
• Types:
Simple Linear Regression: Models the • Purpose: To make inferences about a population based on a
relationship between two variables. sample.
Multiple Regression: Analyzes the relationship • Key Concepts:
between one dependent variable and multiple Probability Sampling: Methods like random
independent variables. sampling where each member of a population has
a known chance of being selected.
Sampling Distribution: The distribution of
• Simulation sample statistics used to make inferences.
• Linear Programming