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Functions Of Managament Essay

944 words - 4 pages

Functions of management PAGE \* Arabic 1
Functions of managementFunctions of management.In today's business environment all organizations, regardless of its specialty and size, are following basic management concept in order to accomplish their goals and objectives. INCLUDEPICTURE "https://api.turnitin.com/images/spacer.gif" \* MERGEFORMATINET 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. All of these functions are implemented in projects my company is involved in.Planning is the primary function of management and very critical for project's 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 part of my every work day. All those projects are unique, so it is required to evaluate all aspects of project execution with possibly all risks in mind. Planning function first requires identifying project's goals and objectives and then proper technique including of achieving them. The planning process is ongoing in its nature and very often needs to be revised to adjust to influence of internal and external factors. These factors affect projects both positively and negatively and become triggers for implementation of mitigation processes. All project managers in the company I work for are encouraged to begin their projects with careful planning. This function is most 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 organize all their resources identified earlier in order to execute the strategy developed during planning (Alan Barnes, 2008). During the process of getting organized, management will use their internal organizational structure and establish and maintain relations with his internal and external stakeholders, as well as allocate recourses needed for caring out the task. Through organizing period in my organization managers must consider means of communication, level of contribution from individual departments, subsidiaries and subcontractors. During this time the main focus is on arranging all necessary tools and recourses according to the plan and delegate responsibilities in the way that will ensure successful execution of the project.Directing is the third function of management and it is also feeds off of planning process. Through directing, managers are able to execute their earlier developed plan, influence and manage the progress of the project. The purpose of directing is to guide supporting staff in achieving not only goals of the project, but also their career or own personal objectives....

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