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15 cards from this deck
Starting materials before mgmt begins: resources & demands available
Needs & wants that family members have
What families can use to meet their demands
Money, savings, property, housing, food, equipment, tools
Time, skills, knowledge, education, relationships
Active mgmt processes transforming inputs to outcomes
Planning, organising, implementing
Setting clear objectives & determining how to achieve them
Arranging resources & activities in structured, efficient way
Action phase: putting plans into practice
Results families achieve through their mgmt efforts
Goal achievement, family satisfaction, resource optimisation
Outputs from one cycle become inputs for next (continuous improvement)
Childcare, educational expenses, household setup costs
Healthcare, retirement planning, downsizing, estate planning
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