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Advantages & Disadvantages of Preventive control - Controlling, Contemporary Management | Contemporary Management - B Com PDF Download

Advantages:

  • Less risk factor- Because the equipment and your building are being regularly checked, they are at less risk to breaking down without notice. Therefore creating a safer working environment for employees.

  • Follows a schedule- By following a schedule, you are able to keep to a budget while maintaining your building. Also you will be able to keep track of all your equipment and pin point times when you will need to replace your equipment.

  • Longer equipment/building life- When equipment is being checked and maintained, it will be kept in its best shape, therefore extending its lifetime. With routine check-ups on building parts such as pipes, boilers, and roofing you’ll extend the life of your building as well.

  • Money saving-Over time, you will see that less money is being spend because you will not have to replace equipment as much, as well as dealing with last minute break downs. While there still may be some unplanned maintenance needed, the likely hood will go down when the building and equipment are regularly checked. Property wise, you’ll be able to catch roof leaks before they escalate and quickly repair them before mould and debris occur.

  • Less energy wasting- In general when equipment is not kept in the best conditions possible, it will drain more energy, hiking up your utilities bill. With properly maintained equipment, it will be saving you energy and money. While regularly kept lighting and cooling/heating systems will also help reduce the energy bill.

  • Less disruptions- With regular checks, you won’t be surprised when something goes wrong. It will be a quick fix because you will know what needs to be done. There will not be problems when it comes to closing down your property and disrupting your workers, if a large problem were to occur.

Disadvantages:

  • More money upfront- When initially starting a preventative maintenance plan, it will cost you more to regularly maintain equipment and the building, than it would be if you waited for things to simply break down.

  • Over maintenance- Because there is a regular plan, sometimes items may not need to be checked as often as planned. If this is the case, you can change your maintenance plan to checking the specific equipment or areas less often, while still maintaining a schedule.

  • More workers- Preventative maintenance require more workers because regular checks are a must. When compared to reactive maintenance, you simply need to call someone in for a onetime fix. Instead this method requires workers to always be on site and perform daily works. 

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FAQs on Advantages & Disadvantages of Preventive control - Controlling, Contemporary Management - Contemporary Management - B Com

1. What is preventive control in contemporary management?
Ans. Preventive control is a management technique that focuses on taking proactive measures to prevent problems or errors from occurring in the first place. It involves setting up systems, policies, and procedures to anticipate and mitigate potential risks or issues before they occur.
2. What are the advantages of preventive control in management?
Ans. Some advantages of preventive control in management include: - Reduced costs: By identifying and addressing potential issues early on, preventive control helps to minimize the costs associated with resolving problems after they have occurred. - Increased efficiency: Preventive control ensures that operations run smoothly by preventing interruptions and delays caused by preventable errors or issues. - Enhanced quality: By proactively addressing potential risks, preventive control helps to maintain and improve the quality of products or services. - Greater customer satisfaction: Preventive control reduces the likelihood of customer complaints or dissatisfaction by addressing issues before they impact the customer. - Improved decision-making: With preventive control in place, managers have access to valuable data and information that can guide their decision-making process.
3. What are the disadvantages of preventive control in management?
Ans. Some disadvantages of preventive control in management include: - Increased upfront costs: Implementing preventive control measures often requires investment in technology, training, and resources, which can be costly for organizations. - Possibility of overcontrol: Excessive preventive control measures may stifle innovation and creativity, as employees may feel constrained by strict policies and procedures. - Time-consuming: Preventive control requires continuous monitoring, analysis, and adjustment, which can be time-consuming for managers and employees. - False sense of security: Relying solely on preventive control may lead to complacency, as managers may assume that all potential risks have been mitigated. - Resistance to change: Employees may resist changes in processes or procedures that are deemed necessary for preventive control, leading to resistance and lower employee morale.
4. How does preventive control contribute to risk management in contemporary management?
Ans. Preventive control is a key component of risk management in contemporary management. By identifying and addressing potential risks before they occur, preventive control helps to minimize the likelihood and impact of negative events. It allows organizations to anticipate and mitigate risks, ensuring the smooth operation of their business processes. By implementing preventive control measures, organizations can proactively protect their assets, reputation, and stakeholders' interests.
5. Can you provide examples of preventive control measures commonly used in contemporary management?
Ans. Some common examples of preventive control measures in contemporary management include: - Regular equipment maintenance schedules to prevent breakdowns and ensure optimal performance. - Quality control procedures to identify and address potential defects or errors in products or services. - Employee training and development programs to enhance skills and knowledge, reducing the likelihood of errors or accidents. - Robust cybersecurity measures to protect against cyber threats and data breaches. - Strict inventory management systems to prevent stockouts or excess inventory. - Pre-employment background checks to prevent hiring individuals with a history of misconduct. - Comprehensive disaster recovery plans to prevent or minimize the impact of natural disasters or other emergencies.
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