- Budgetary Control
- Compares actual performance against financial targets.
- Standard Costing
- Compares actual costs to standard costs to identify variances.
- Performance Appraisal
- Evaluates employee performance for feedback and motivation.
- Statistical Quality Control (SQC)
- Monitors quality using statistical methods.
- Management Information Systems (MIS)
- Provides relevant information for decision-making.
- Feedforward Control
- Anticipates problems and takes preventive measures.
- Concurrent Control
- Monitors ongoing activities for immediate corrections.
- Feedback Control
- Evaluates performance after completion to improve future outcomes.
- Benchmarking
- Compares performance with industry best practices.
- Key Performance Indicators (KPIs)
- Measures progress towards strategic goals.
These techniques help organizations ensure effective performance and continuous improvement.