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Unit V - PPM
Unit V - PPM
Administration Management
Functions of Management
vPlanning
vOrganizing
vStaffing
vMotivation
vDirecting
vCoordination
vControl
Functions of Administration
v Administration makes policies and decides the
goals to be achieved
v Organisation is the framework of management
v It is a group of persons and it is a structure of
relationships
v No enterprise can survive without proper
management
v Even if it possess huge money, excellent
machinery and man-power, it will be a big confusion
and nobody knows what to do and when to do.
Importance of Management
v Management provides new ideas and
vision to the organization
vIt takes business problems and provides
the best tool for solving things
vIt can meet challenges of change
vIt helps personality development thereby
raising efficiency and productivity
v It is a unifying force. It integrates human
and other resources to achieve the desired
objectives.
Principles of Management
1. Division of work
2. Authority and Responsibility
3. Discipline
4. Unity of command
5. Unity of Direction
6. Subordination of individual to General
Interest
7. Remuneration
8. Centralisation of authority
9. Order- Materials and human beings
arrangement
10. Equity of Treatment
11. Stability
12. Initiative
13. Esprit de Corps(team work and
harmony)
Process of Management
The process of Management involves:
v the determination of objectives
v putting them into action
v achieving the desired goals.