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
Sutton Corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a 5-year, $6,000,000 bank loan to finance service equipment. The loan has an interest r

After reviewing the chapter, suggest all possible ways that Scott can prepare herself for career advancement

Class, on the final exam you may be asked the difference between an entrepreneur and a "small business manager" (Hatten, 2009, p. 29) so let's practice with it here. What is the di

Question: (a) What is a Quality Management System (QMS) and why should an organization implement a Quality Management System? (b) Explain the eight fundamental Quality Manag

Long term Capacity Reduction Capacity planning does not necessarily mean the expansion of the capacity. It may also mean reduction of the capacity which may be done in the fol

Round, flat, filbert or sword types/shapes of what tool


Leon, a bank vice president, joined Fitness Center, Inc. (FC). He signed a contract for the membership. The contract stated, among other things, an exculpatory clause that FC.

Class, looking back over the Terminal Course Objectives for this course, what are you looking forward to learning more about throughout your education and career?

According to Elyahu Goldratt, the TOC system uses a scheduling approach called _____. drum-buffer-rope drum-buffer-string drum-rope-buffer drum-buffer-line