Kra meaning business plan

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Kra meaning business plan

What is a project manager? Project manager is the person responsible for managing a project. Managing a project contains different stages from planning to implementation.

He have to dealt with. Define project requirements and create the project charter. Create a feasibility study and establish project priority. Determ…ine strategy and obtain management approval. Manage project scope and determine project expenses. Build the project management plan. Organize and lead a project team.

Implement changes to the project plan. Perform continuous quality management. Complete the project and assess deliverables What is KRA? Actually in the true sense KRA is a concept which is usually verydifficult to implement.

How it works I will try to explain. Then it get divided till it reaches the bottom most rung. Hence, if one person fail itwill hamper the attainment of the desired result. Let me give you an example: The Company sells PCs Suppose the objective decided by the Board is to make a profit of crores in 3 years.

He will then setthe KRAs for his subordinate in such a way that this target isachieved. Chief People Officer HR [ Generally KRA are difficult or not donefor HR since they are essentially support function, but in somecases it is done] CPO as his KRA will have the following to provide for manpower andmaintain harmonious industrial relationship so that there is nodisruption in production or marketing.

To provide for training forimproving the skills to attain better productivity cycle, and toframe a compensation benefit structure by which the efficientemployees can be retained. The Chiefs than divide the KRA further to their subordinates.

Simlarly, if the KRA of Asst. Manager Training is to locate the Training institutes which can impartquality training and he is not been able to achieve it. Suppose, if the Dy Manager Training is suppose to conduct theTraining Programs, which could not be carried since funds fortraining which were supposed to be arranged by Dy.

Manager Finance could not be arranged.

kra meaning business plan

Now, you can see this failure will reflectin the KRA of Dy. The question is very general. Project management process is required in every projects.

kra meaning business plan

For doing this task project managers are there in IT. They will manage the entire project from planning to implementation.What is KRA?

There may be more than one meaning of KRA, so check it out all meanings of KRA one by one. KRA definition / KRA means? The Definition of KRA is given above so check it out related information.

What is the meaning of KRA?

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The meaning of the KRA is also explained earlier. Till now you might have got some idea about the acronym, abbreviation or meaning of KRA. Prime Minister Prayut Chan-o-cha has taken the right steps over the latest resurrection of the Kra Canal. But that doesn't mean he's going to get much support or win over public opinion on the matter.

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One of the popular terms in business is KRA, which stands for “key result area.” KRA is a success factor that is critical to the organization. It can be internal or external, but the bottom line is that this key area must post superior performance results to meet the strategic goals of the business.

Once you learn the difference between goals and objectives, you will realize that how important it is that you have both of them. Definition of Goals and Objectives KRA stands for “key result area”, which means, when an objective is assigned to you, you must fufill this KRA .

Delivers the operating plan: achievement of growth objectives including market share, revenue, profit and return on investment for all the channels/categories of business and/or key customers. Responsible for managing and implementing marketing activities through .

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