MEANING AND TYPES OF SINGLE—USE PLANS

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Single-use plans can be defined as plans created to solve non-recurring problems.

They are plans designed to address one-of-a-kind, non-repetitive problems or situations.

Single-use plans are one-time plans designed to meet the needs of a unique situation.

They are plans created to address specific problems that are unlikely to come up again in the future.

Single use plans are also called one-time plans or specific plans.

Types of single-use plans

The three different types of single-use plans are budget, programs, and projects.

A. Budget: in management, a budget is defined as a statement of expected results expressed in monetary terms.

A budget states in quantitative terms the number of resources that the business will need to further and complete a plan or project.

Once the project is over, a fresh budget will be prepared for subsequent projects.  This is the reason the budget is called a single-use plan.

Characteristics of budget 

1. Budget is forward-looking as well as backwards-looking.

2. A budget is typically flexible to the current financial conditions of the business

3. A budget is usually expressed in monetary terms or numerical terms so that it can be compared and used as a tool of control.

B. Program: A program is a sequence of plans of action that results from setting goals and objectives.

A program outlines the steps to be taken, tasks to be carried out and other necessary things required to implement a particular course of action in pursuit of the goals and objectives of the business.

Programs are sequence of activities designed to implement policies.

Koontz and O’Donnell provided a pretty clear explanation of what programs are. According to them, “Programmes are complexes of goals, policies, procedures, rules, task assignment, steps to be taken, resources to be employed and other elements necessary to carry out a given course of action."

A program spells out what is to be done to achieve a particular target. Consequently, it is a single-use plan.

Characteristics of a program

In management, programs have the following characteristics:

1. A program is a limited-purpose plan created to accomplish a specific goal. The program is no longer utilized once the goal has been achieved.

2. A program usually has a time limit.

3. A program is used in conjunction with several smaller plans referred to as projects.

C. Project: A project is very much similar to a program, except that it has a narrower focus than a program.

Only a small portion of a bigger program constitutes a project and a project is quite specific compared to a program.

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