Session 2
Is anyone who direct and coordinate the works of others, so that, the work of his unit is accomplished in an effective and efficient manner.
SUPERVISOR
Is a legally binding agreement between parties to create mutual obligations that businesses and individual use to protect their interests.
Contract
What are the 4 tasks of Financial Management?
Operation and Administrative Expenses
Disbursement
Liquidation
Booking of Asset
It is a uncertain event or condition, that if it occurs, has a positive or negative effect on a project’s objectives.
Risk
What are the 4 functions of a Supervisor?
Planning, Organizing, Resourcing, Leading, and Monitoring
What are the 5 life cycle of a contract?
Contract Creation
Contract Negotiation
Contract Award
Contract Administration
Contract Analysis and Completion
_________________ is the properly account and report the use of public funds that were disbursed for specific projects, programs, or activities.
Liquidation
Documentation of the procedures to be used to manage risk during the life of the project and the parties responsible for managing various areas of risk.
Risk Management Plan
What are the consequences of Poor Supervision?
Losses Responsibility, Removes system support, Opens unethical behavior, Difficulty in instilling loyalty, Decrease overall morale, & Lowers workers productivity
What are the essential elements of a Valid contract in
the Philippines?
1) The consent of the contracting parties
2) The object certain which is the subject matter of
the contract
3) The cause of the obligation which is established
The provisions of the BLGU Financial Management System that govern the utilization of the funds released.
Disbursement
The process of identifying the potentials for possible harm to occur to a particular set of assets or processes and determining the impact.
Risk Analysis
What are roles of a Good Supervisor?
Staff supporter, Knowledge Builder,
Coaching and Mentoring, and Bridging Leader
Give 2 examples of Grounds for Termination of Contract.
Termination for Default
Termination for Convenience
Termination for Insolvency
Termination for Unlawful Acts
Termination by Contractor/Consultant
It refers to the process used by the Local Government Units to schedule, manage and track the used of government owned assets such as vehicles, equipment and also facilities.
Booking of Assets
What are the Risk Management Planning Cycle?
Identify Risks
Perform Qualitative Risks Analysis
Perform Quantitative risks Analysis
plan Risks response
Monitor & control Risks