Question & Answer: Why would you take corrective action when you’re meeting your company’s objectives? There’s always…..

The corrective actions are not required to meet the objectives of the companies but to that the company need to make sure the out will be accurate and meeting the expectations of the customers as well.

During the phases of a project, it could be said that there are three major activities focused on reducing project risk. The first risk reduction activity occurs during project planning, when a proactive risk assessment is conducted and the identified risks are either mitigated or avoided (e.g., by modifying the project plan), transferred (such as through insurance) or accepted (by doing nothing and accepting that “if it happens, it happens”). The second activity is the continual assessment of risk throughout the project. The final risk reduction activity is to hold a retrospective “lessons learned” at the end of the project, which will have the least impact on the current project but will serve to benefit others in the future.

There are lots of benefits for creating corrective action for the mistake. Some of them are:-

• To provide the proper guild lines to the employees
• To give best performance to the customers
• To reduce the wastage of any type resources like money, time, etc
• To understand the problem and make predefined solution for the same
• Helping the management for make changes in the planning.

These are few very common benefits of the corrective actions.

The risk of changes are always there whenever you see any new problem or issue within the working. But you need to take hard calls to make sure the working is proper and you can improve you quality of work within the company.

The management always think about how can they meet the objective of the company with optimum utilization of resources. When they face any issue they take corrective action and include the same in the strategy they are using. It is important because that way thing can improve for the company. Those changes could result in that the company will not meet the objective of the company but issue can be resolve by doing following things:-

• By keeping a close eye on the working of new strategy
• By educating the team leads and staff who will going to perform the particular task.
• By checking the output and comparing the same with the estimate
• By making or modifying the strategy as per the situation