Definitions of management, Project Management

Assignment Help:

Definitions of management

Several definitions of management have been given by different scholars. Mary Follet defined management as "having work done through others." Another popular definition is that "management is a set of activities directed at the efficient utilization of resources in pursuit of one or more goals. (Therefore according to this definition management is a process of achieving goals). This process involves four major activities; planning, organizing, directing and controlling.

The key characteristics of management are that:

a) Management is systematic i.e. it is a process that follows certain activities.

b) Management is pervasive i.e. it is practised in all organizations, private and public, small and big, social and business and at all levels in these organizations. In other words management is universal.

c) Management is complex i.e. it involves several different activities that managers must engage in and which keep varying or changing frequently.


Related Discussions:- Definitions of management

Market share in a high market growth industry, R Company produces a range o...

R Company produces a range of hair and beauty products. T, the Finance Director, and P, the Marketing Director, are reviewing the outcome of some product portfolio analysis which h

LIne balancing, Q3. What do you understand by “line balancing”? What happen...

Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?

Potential side effects of the tqm initiative, Question: "Total Quality ...

Question: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led various companies to start on the road to total quality improvement i

Project management value initiative, Project Management Value Initiative ...

Project Management Value Initiative The project management initiative program is a six step process which is designed to bring about a measurement team from the introduction to

What is buffering in risk management, What is Buffering in risk management?...

What is Buffering in risk management? Buffering: Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or r

Importance of undertaking a project completion review, L Company, a manufac...

L Company, a manufacturer of family cars, has invested in a robotic painting system for its cars Ensuring the right quality of paintwork on each car is a critical success factor fo

Risk breakdown structure for a project , Risk Breakdown Structure for a Pro...

Risk Breakdown Structure for a Project  Risk Breakdown Structure (RBS) is a hierarchical list of risks, which standardises the department's personnel resources that help in pla

Mapping project - mapping system, i. Select a small mapping project appl...

i. Select a small mapping project applicable to your 'mapping' system that aims to present a theme or specific solution (e.g. tourist map, farm map, habitat map, etc.). ii.

Concept development and testing in process of development, Q. Concept Devel...

Q. Concept Development and Testing in process of development? A concept is an elaborated version of the product idea. The concepts are developed to the extent of the new produc

Risk, Choose an organization of your choice and briefly describe the main r...

Choose an organization of your choice and briefly describe the main risks to which development projects are exposed

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd