Methods of control

GUIDED BY
DR. SANDEEP KUMAR

PRESENTED BY
TARANG SRIVASTAVA
MPMIR (SEM-1)
ROLL NO-53
 The power to influence or direct
people's behaviour or the course of
events
The power to influence or direct people's
behaviour or the course of events
 Process of regulating organizational
DEFINITION OF
activities to ensure minimum deviation
CONTROL
between the actual and expected
performance.
 ● The standards of performance which serve
INSEPARABLE as the basis of controlling are provided by
TWINS controlling planning
● Once a plan becomes operational,
controlling is necessary to monitor the
planning progress, measure it that events conform to
plans.
● Planning is clearly a prerequisite for
controlling. Planning seeks consistent,
integrated and articulated programmes
while controlling seeks to compel events to
conform to plans.
● It helps in achievingorganizational goals.
● Facilitates optimum utilization of resources.
● It evaluates the accuracy of the standard.
● It also sets discipline and order.
● Motivates the employees and boosts
employee morale.
● Ensures future planning by revising
standards.
● Improves overall performance of an
organization
● It also minimises error
● Controlling is, thus, a goal-oriented function
Steps of controlling
 Methods of control
Traditional Techniques Modern Techniques
● used by the companies for a long ● recent origin and are
time now comparatively new
● provide a refreshingly new
1. Personal observation thinking
2. Statistical reports
3. Breakeven analysis 1. Return on investment
4. Budgetary control 2. Ratio analysis
3. Responsibility accounting
4. Management audit
5. PERT and CPM
6 Management information system