Monday, January 17, 2011

Functions and Processes in Service Strategy Part 3

Demand Management

Introduction
  • Challenges in managing service demand

    • Demand Management (DM) is a vital aspect of service management.

    • It aligns supply with demand and aims to predict demand as closely as possible and, if possible, even regulate it.

    • Badly managed demand represents a risk for service providers.

    • Too much capacity, results in costs that do not yield value.

    • Inadequate capacity, however, affects the service quality and limits service growth.

  • Challenges in managing service demand

Other Planning: Quality Planning

Quality Planning
  • Quality refers to the performance and usability of the final product produced
  • Quality planning ensure superior quality product delivered
  • The quality planning involves identifying what constitutes quality for the project and devise methods to measure it

What Is Quality?

Cost Planning

  • Cost planning determines the cost of the project
  • To determine the cost,there is a need to determine resources needed --> resource planning
  • The purpose of cost planning is to include the processes required to ensure that a projet team completes a project within budget

Other Planning - Human Resource Planning

Human Resource Planning
  • Human resources planning will address issues such as defining roles and responsibilities, reporting structure and acquisition of the staff
  • Covers organizational planning and staff acquisition

Functions and Processes in Service Strategy Part 1

Financial Management

Introduction

  • Financial Management is an integrated component of service management
  • It provides vital information that management need to ensure efficient and cost-effective service delivery

Schedule

Schedule
  • A project schedule defines the timeline of the tasks to be completed
  • Coordinate the tasks to be done

Schedule Planning
  • Schedule planning involves the following:
    • activity definition (what to be done)
    • activity sequencing (the order it is done)
    • activity duration (how long it take)