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

Ask an Expert

Your posts are moderated

Write your message here..

Related Questions

Aims of trade off in business strategy - operations focus, Aims of Trade of... Aims of Trade off in Business Strategy - Operations Focus The aim of operations focus is to ensure that, along with the other management functions, all of the operations workf

Explain virtual integration on healthcare organizations, What has been the ... What has been the impact of horizontal, vertical, and virtual integration on healthcare organizations?

Explain what is the staff size of the hershey company, What is the staff si... What is the staff size of the Hershey Company?

Operation research, linear simplex methode linear simplex methode

Explain consumption behaviours which you consider unethical, Compile a list... Compile a list of consumption behaviours which you consider unethical. For each behaviour listed, explain why you view it as wrong

Explain for bill what an enterprise resource planning, Describe for Bill wh... Describe for Bill what an Enterprise Resource Planning (ERP) solution would look like for his UMUC Pizza business and how his business could benefit from implementing an ERP soluti

Explain project manager make changes to a baseline, under what conditions w... under what conditions would a project manager make changes to a baseline? Be sure to give at least 1 example for each condition

Explain mission statement of united airlines, Mission statement of united a... Mission statement of united airlines

Explain the rop that will provide a risk of stockout, Given this informatio... Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand = 30 units Determine each of the following, assuming that lead time dema

Explain type of cost-plus contract provides the seller, Which type of cost-... Which type of cost-plus contract provides the seller with a guaranteed dollar-value profit rather than as a percentage? Answer Cost-sharing Cost-plus-award-fee Cost-plu