Module 6. Controls and Control Systems. Module 6. What is important to know about the control process? How do managers exercise supervisory control? What are some useful organizational control systems and techniques?. 6.1 Control. Controlling is one of the four management functions.
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Control starts with objectives and standards
Control measures actual performance
Control compares results with objectives
- Actual Performance
Need for action
Control takes necessary action
Management By Objectives (MBO)
Project Management Tools
How to Calculate a Breakeven Point
Breakeven Point = Fixed Costs / (Price - Variable Costs)