Functions of Managament

In todays business environment any organizations, irrespective of its speci elevationy and size, are following basic management excogitation in order to accomplish their goals and objectives.

Day to day business strategic, tactical and operational decisions for the organization are being supported by fundamental
functions of management
. They are divided into four interdependent functions of planning, organizing, directing, and controlling. each(prenominal) of these functions are implemented in come acrosss my company is involved in.

Planning is the
primary function
of
management and very critical for projects success. It serves as a
foundation on which the rest of the management functions are built on. Company which I work for is project based and planning is an integral social occasion of my every work day. All those projects are unique, so it is indispensable to evaluate all aspects of project execution with possibly all risks in mind. Planning function first requires
identifying projects goals and objectives and then proper technique including of achieving them. The planning mental process is ongoing
in its nature and very often needs to be revised to adjust to capture of internal and external factors. These factors affect projects both positively and negatively and
become triggers for implementation of palliation processes. All project managers in the company I work for are encouraged to begin their projects with careful planning.



This function is al near likely the most important for the success since life of the project begins with planning and its good or poor quality most of the time dictates the outcome.

Function of organizing follows planning. During this process management needs to arise all their resources identified earlier in order to exercise the strategy
developed during planning (Alan Barnes, 2008). During
the process of spring upting organized,
management
bequeath use their internal organizational structure and establish and maintain
relations with his internal and...

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