CONTROLLING

WHAT IS CONTROLLING ?

● Controlling is a management function, it helps to identify errors and take

corrective measures,this is done to make sure that the standards are maintained.
● Ensures that the organizational goals are achieved in a desired manner.
● Earlier the concept of controlling was only used when errors were detected.
● Control in management includes setting standards, measuring actual performance
and taking corrective action the decision making.
 ● Budgetary Control
● Standard Costing Control
● Purchases Control

Types of control ● Quality Control

● Break-Even Analysis
● Quality Control
● Maintenance Control
● Statistical Control
Q TECHNIQUES

The tools and techniques most commonly used in Quality management and process improvement are:

● Cause and effect diagram

● Control Charts
● Histogram
● Pareto Charts
● Flow chart
Budgetary control

Budgetary control refers to how well managers utilize budgets to monitor and control costs and operations in a
given accounting period.

It is a process for managers to set financial and performance goals with respect to the budget,

It involves

● Delegation of authority
● Profit maximisation
● Forecasting credit needs
 Non budgetary control

Non-Budgetary control is laying control on your non-budgeted expenses i.e those

expenses which are not defined in normal budgeted expenses. The techniques for these
non-budgetary control are :
1) Statistical data analysis.
2) Break-even analysis or the no profit & no-loss analysis.
 Managing Productivity

It is a ratio of actual output (production) to what is required to

produce it ( inputs ).

Productivity is measured as a total output per one unit of a total

input.

Control managers in a given organization are concerned with

maximizing productivity through process-oriented observations and
improvements.
Cost control

Cost control is the practice of identifying and reducing

business expenses to increase profits, and it starts with
the budgeting process.

A business owner compares actual results with the

budgeted expectations and if actual costs are higher than
planned, management takes action.
 Purchases control

Purchase control is an element of material control. Purchasing

is an important function of materials management because in
purchase of materials, a substantial portion of the company's
finance is committed which affects cash flow position of the
company.

Success of a business is to a large extent influenced by the

efficiency of its purchase organization.
 Quality control

Quality control is a process through which a business seeks to ensure

that product quality is maintained or improved with either reduced or
zero errors.

Quality control requires the business to create an environment in which

both management and employees strive for perfection.

This is done by training personnel, creating benchmarks for product

quality and testing products to check for statistically significant
variations.
Maintenance control
Maintenance control system improves equipment reliability and assists in the optimal utilization of resources.

Maintenance control refers to the set of activities, tools and procedures utilized to coordinate and allocate
maintenance resources to achieve the objectives of the maintenance system that are necessary for the following:

1. Work control;

2. Quality and process control;

3. Cost control

4. An effective reporting and feedback system.

Planning operation

Planning operations is the process of planning strategic goals and objectives to tactical goals
and objectives.

It can be defined as plan prepared by a component of the organization that clearly defines
actions it will take to support the strategic objectives and plans of upper management

Features

● Clear objectives
● Key target and performance indicators
● Risk management plans
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