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ENGINEERING MANAGEMENT

ASSIGNMENT NO. 3
1. Enumerate and describe the different types of plans in your company.

The following are guide management plans we will use to promote investment
capital and growth management. This may seem vague but this varies in the
process depending on the situation:

1) STRATEGIC PLAN - Our long-term goal is to grow bigger and be able to


construct and join large projects as well as to be respected and well-
known in the field.

For now, our size range is small B and we are under Category C from
Philippine Contractors Accreditation Board (PCAB), and our target for the
incoming years is to be able to upgrade to Category B. This will allow us to
accept and bid on projects above 15 million up to 75 million.

2) TACTICAL PLAN- To be able to acquire more construction equipment and


types of machinery that will improve our quality and quantity of work.

This includes acquiring new backhoe and dump trucks to replace our old
ones to lessen operational expenses for our monthly maintenance.

3) OPERATIONAL PLAN - We are also aiming to employ more people to


lessen the workload of our employees and avoid multi-tasking to reduce
errors and mistakes.

We will also focus on workforce planning that will help identify skill gaps,
inefficiencies as well as opportunities for our employee’s growth so we can
prepare them for future staffing needs and/or promotion.

4) CONTINGENCY PLAN – We will try and explore more possibilities in our


field of business. Thus, not limit our scope of work and make sure to
provide work for our employees.

In case we are unable to secure and bid on construction projects and


increase the number of projects undertaken by the company. We are now
venturing into equipment rentals and trucking business. This includes our
backhoe and dump truck rental for other companies.
2. Find out as much as you can about the mission, vision, values, and major goals
of your company or a certain organization in the nearby area. Evaluate the firm’s
mission, vision and values, and goals. What are the positive aspects of these
statements? Is there anything you would criticize?

In our company, R.T. Rejano Builders and Supply we have the following:

Mission
To contribute to national economic growth by using guaranteed quality materials
and environment-friendly practices in constructing public and private buildings
and infrastructures in the Philippines.
To be a leading General Contractor in the field of construction in the Philippines.

Objectives
• To establish a solution-oriented culture in its employees
• To create a safe work environment for its employees and other affected
• To apply modern but safe and environmentally sensitive techniques of
construction

Core Values
• Malasakit sa Kapwa
• Katapatan
• Maka-kalikasan
• Pagkamakabayan

Given our company’s mission, objectives, and core values. We decided to


keep it short and straight so people can easily understand what we want to
convey. Because we all know how these statements serve as an important
navigational tool when you are thinking about the future of your company.
Because by recognizing the purpose of your work, you can better understand the
goals your company should be committed to accomplishing.

The positive aspects of these statements, in reality, are somehow


attainable because by having this strong foundation, you can build your
organization from the ground up and ensure its stability through the challenges
ahead. It is also important how the goals focused not only on the company’s
growth but also aware on the impacts it can give on the people as well as its
environmental footprints.

To be honest, every company should be open to criticism, and what we


get too often is the reality that not all the time we can go above our mission by
using environment-friendly practices in construction. But since we are just a start-
up company and we can decide on what project to accept or not, we aim to live
with this mission regardless of the project given to us.

3. In your company, describe the different strategies or tactics you used in order to
achieve your goal, key performance indicators (KPI), and target.

In our company, we rely on the most popular type of business analysis,


The Strength, Weakness, Opportunities, Threats, or SWOT. This is for the
reason that this strategy drives informed decision-making in nearly every area of
business and this is the most suitable in our field. We applied this technique
using the information we gain to help employees make improvements and
celebrate strengths. If ever there is room for improvements or change in his
chosen path, we can address them directly from these key points. For example,
from a truck driver to a Heavy equipment operator and so on, we established
promotions based on their strength and knowledge in every evaluation because
as SWOT indicates that it’s an analysis that is designed to facilitate a realistic
and fact-based look at the strengths and weaknesses of every aspect in the
organization. We use this as a guide and not necessarily as an instant strategy to
achieve our goals.

We track our operations around efficiency, effectiveness, and quality as


covered in our key performance indicators such as our cash flow, productivity,
profitability, labor utilization, and materials as well as quality and safety issues.
Being transparent on our KPIs is also vital, not just at the management level, but
also on the job site so that they can drive decision-making and action in near
real-time and are involved in the company’s growth. The given KPIs help us
make the right decisions to ensure that our projects deliver true business value to
the customer. It is essential to better control costs and schedules. They are
meant to help determine which activities are relevant during the execution phase
and could provide early warning signals to adjust the project. While keeping track
of the cost management of the company is essential, construction key
performance indicators related to safety, quality, performance, staff, and
sustainability are key to better implementation in attaining our long-term goals.

CASE ANALYSIS

1. Is this a workable MBO system?

At some point yes. After looking at the guidelines for implementing


Management by objectives, I can say his MBO’s fall under it. Starting from
handing out the written goals in each functional area, he also makes sure to
review his vision with others. He called up his team to know and hear about
their thoughts, he made sure to include them in the plan and communicate his
objectives to his subordinates regarding his intent in installing this new
system that he learned.

2. What would you do differently?

Maybe unlike Ben, I will not jump right out to these new learnings. For the
reason that not all speaker speaks based on experience or from running their
own company. He may be a lecturer and a consultant but this does not
guarantee that his advice will succeed. I think I will review the new system
thoroughly first before thinking about applying it to the company. Then I’ll
have to weigh its Pros and Cons if this would really be adaptable to my
company that’s when I’ll decide if I’m going to do it or not.

3. If you were Ben, what goals would you set up for the company?

Since Ben is thinking of ways to improve the employee’s productivity, I


think he needs to review their benefits. These are some of the goals I think
necessary for the company:

 Increase employee benefits


 Initiate a plan of action to make a better working schedule and atmosphere
 Reduce the environmental footprint
 Reduce cost and increase profits
 Update equipment to expand into more specialized areas of the printing
market

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