Management Elements Notes: Definitions & Explanations PDF | Download eBooks
Study Management Elements lecture notes PDF with project management definitions and explanation to study “What is Management Elements?”. Study management elements explanation with project management terms to review project management course for online MBA programs.
Management Elements Definition:
Management elements are the components that comprise the key functions or principles of general management in the organization.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Management Elements Notes:
To run an organization, effective management is important. Management is comprised of different components and aspects. These collectively are called management elements. Different organizations adopt different management styles depending upon their organizational structure. Different management elements are assigned to different individuals within the organization. The performance of the management elements depend upon the authority, responsibility and accountability given to the individuals. Some important management elements are fair and equal treatment of employees, fair payment for the work, workplace safety and security, contribution of employees in planning, best use of resources, high morale, fair division of work, discipline, unity of command, unity of direction etc.
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