Oregon productivity matrix - performance measures, Operation Management

Assignment Help:

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.


Related Discussions:- Oregon productivity matrix - performance measures

Competence - customer satisfaction and service quality, Competence - Custom...

Competence - Customer Satisfaction and Service Quality Means possession of the required skills and knowledge to perform the service. It involves: knowledge and skill of the c

Methods used in manufacturing - operation strategy, Methods Used in Manufac...

Methods Used in Manufacturing - Operation Strategy Many of the methods used in manufacturing are just as applicable; however a greater degree of customisation will be required

Graphical methods for aggregate planning, work force of 1300 units per mont...

work force of 1300 units per month.permit a maximum of 20% overtime at $40 per unit.ware house permit no more than 180 units carrying from month to month.this plan means that anyti

Describe what are the different types of strategies, What are the different...

What are the different types of strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for your organization?

Explain the amount of time covered by the basic mrp, The amount of time cov...

The amount of time covered by the basic MRP record is called the _____. time bucket new horizon time horizon planning horizon

Operations strategy, Task 1 Read: Chapter 2 of the Core learning material a...

Task 1 Read: Chapter 2 of the Core learning material and supporting text chapters on Operations Strategy. Task 2 Investigate: The Operations Strategy of your organisation or on

Simulation, Which of the following probability distributions cannot be simu...

Which of the following probability distributions cannot be simulated ?

Explain product life cycle, How does a product life cycle differ from a pro...

How does a product life cycle differ from a product life cycle?

Span of processes - make or buy, Span of Processes - Make or Buy When ...

Span of Processes - Make or Buy When Henry Ford developed his famous moving assembly-line method of producing the Model T car at the River Rouge plant in Detroit, he chose to

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd