Cake theory and Last moment theory

The last article introduces a very primary level introduction to the CAKE theory or model.

It's a basic project management tool to plan and execute a project in a methodical manner.

CAKE theory or model and the last moment theory or last moment scenario is like the, X and Y theory of motivation in Human Resource Management. They reflect the worst two cases of the extreme ends of the relevant theory.

Theory X and Theory Y are theories of human motivation and management. They were created and developed by Douglas McGregor at the MIT Sloan School of Management in the 1960s. These theories describe two contrasting models of workforce motivation applied by managers in human resource management, organizational behavior, organizational communication, and organizational development.

According to the models, the two opposing sets of general assumptions of how workers are motivated to form the basis for two different managerial styles.

Theory X stresses the importance of strict supervision, external rewards, and penalties: in contrast, Theory Y highlights the motivating role of job satisfaction and encourages workers to approach tasks without direct supervision.

Likewise CAKE model and Last Moment Theory are theories that describe the two contrasting models of project management scenarios.

Still, these are not being analyzed and data gathering is not done to conceptually build the framework for the two models but the basic fundamental foundation is built to analyze the relevant core areas through two extreme ends.

Basically CAKE Model will be the basis for perfect execution of a project, and The Last Moment theory will be a reflection of the opposite.

References

Websites

• ·         Website Title – Ptc (Piedmont Technical College). Article title – Time Management. [Online]. Available at: https://www.ptc.edu/college-resources/testing-tutoring-counseling/college-skills/time-management    (Accessed date: 2017/05/09)

·         Website Title – Wikipedia. Article title – Theory X and Y. [Online]. Available at: https://en.wikipedia.org/wiki/Theory_X_and_Theory_Y     (Accessed date: 2017/05/12) 

Cake theory

"Cake theory" is a concept conceptualized during the end of my internship [June 2015 - December 2015] at a leading licensed commercial bank (Sampath Bank PLC, Sri Lanka) to conduct an individual research to partially fulfill the Higher Diploma in Business Management (HDBM) at National Institute of Business Management (NIBM).

With the commencement of my bachelor of science degree in business management at National School of Business Management (NSBM): Green University (GU) with the affiliation of University College of Dublin, Ireland, I was exposed to project management module which was one of the main conceptual frameworks related to my Cake Theory.

Cake theory or later a more accurate title cake model will reflect on the project management aspects of how to manage time and resource in completing tasks.

Like the PDCA[Plan, Do, Check, Act] in TQM[Total Quality Management] and four steps in management, this will be structured in a manner in which how to execute a project management function based on "time".

Cake theory also is a political theory, related to socialism.

Cake theory (simplified Chinese: 蛋糕论; traditional Chinese: 蛋糕論) is a metaphor about economic development and the redistribution of wealth in the political discourse of China. It emerged in 2010 as problems with an increased wealth gap became gradually more apparent. If economic development is seen as analogous to baking a cake, one side of the debate suggests that development should focus on 'dividing the cake more fairly,' while the other says development should be focused on 'baking a bigger cake.'

In conclusion, this will be the initial stage of research on my analytical approach to project management.

References

Images

·         Title: Cake Theory: Why Science is excited by food? (2017). Format: (Jpg.). Available at: https://www.ft.com/content/517cd716-36bf-11e3-8ae3-00144feab7de (Accessed date: 5/9/2017)

Websites

·         Website Title – Ft (Financial Times). Article title – Cake theory: Why Science is excited by food. [Online]. Available at: https://www.ft.com/content/517cd716-36bf-11e3-8ae3-00144feab7de   (Accessed date: 2017/05/09)

·         Website Title – Wikipedia.com Article title – Cake theory [Online]. Available at: https://en.wikipedia.org/wiki/Cake_theory    (Accessed date: 2017/05/09)