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  2. Control (management) - Wikipedia

    en.wikipedia.org/wiki/Control_(management)

    Control is a function of management that helps to check errors and take corrective actions. This is done to minimize deviation from standards and ensure that the stated goals of the organization are achieved in a desired manner.

  3. Control function (econometrics) - Wikipedia

    en.wikipedia.org/wiki/Control_function...

    The function h(V) is effectively the control function that models the endogeneity and where this econometric approach lends its name from. [4]In a Rubin causal model potential outcomes framework, where Y 1 is the outcome variable of people for who the participation indicator D equals 1, the control function approach leads to the following model

  4. Project management - Wikipedia

    en.wikipedia.org/wiki/Project_management

    Project control (also known as Cost Engineering) should be established as an independent function in project management. It implements verification and controlling functions during the processing of a project to reinforce the defined performance and formal goals. [47] The tasks of project control are also:

  5. Management process - Wikipedia

    en.wikipedia.org/wiki/Management_process

    A management process is a process of setting goals, planning and/or controlling the organising and leading the execution of any type of activity, [1] such as: A project (project management process), [2] or; A process (process management process, sometimes referred to as the process performance measurement and management system) [3]

  6. Operational risk management - Wikipedia

    en.wikipedia.org/wiki/Operational_risk_management

    The U.S. Navy summarizes the time-critical risk management process in a four-step model: [4] 1. Assess the situation. The three conditions of the Assess step are task loading, additive conditions, and human factors. Task loading refers to the negative effect of increased tasking on performance of the tasks.

  7. Control system - Wikipedia

    en.wikipedia.org/wiki/Control_system

    The control action is the switching on/off of the boiler, but the controlled variable should be the building temperature, but is not because this is open-loop control of the boiler, which does not give closed-loop control of the temperature. In closed loop control, the control action from the controller is dependent on the process output.

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  9. Control loop - Wikipedia

    en.wikipedia.org/wiki/Control_loop

    A control loop is the fundamental building block of control systems in general and industrial control systems in particular. It consists of the process sensor, the controller function, and the final control element (FCE) which controls the process necessary to automatically adjust the value of a measured process variable (PV) to equal the value of a desired set-point (SP).