Oregon productivity matrix - performance measures, Operation Management

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.

Posted Date: 3/15/2013 2:32:43 AM | Location : United States







Related Discussions:- Oregon productivity matrix - performance measures, Assignment Help, Ask Question on Oregon productivity matrix - performance measures, Get Answer, Expert's Help, Oregon productivity matrix - performance measures Discussions

Write discussion on Oregon productivity matrix - performance measures
Your posts are moderated
Related Questions
The demand for subassembly S is 100 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Final

What do you understand by “line balancing”? What happens if balance doesn’t exist?

What three functions are salaries meant to perform?

Identify at least eight milestones for WBS and A Gantt chart. Write a one-page paper describing each milestone using the SMART criteria. Discuss how determining these milestones mi

What are: Concurrent Control? Feed forward Control? Feedback Control? Give an example of each.

Why is the internet often depicted as a cloud on network diagrams?

Question: a) What is a strategy? b) Describe what is meant by a franchise. c) Henry Fayol put forward 6 primary functions of management. State the 6 functions and brief

If a pilot test revealed 45% perceived poor service quality, and we decide the interval range is + 10 percent with a 95% confidence level, what is the calculated sample size to con

Sub optimisation - Operations Function Another important issue raised by the systems approach is that of sub-optimisation. This is of considerable significance for managers, a

Assume that the company received no government grants and that all the funding for the company has come from VCs. Add an earlier seed round to replace the government funds, and mak