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The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as?

portfolio management


How is strategic management different from other types of management?

Strategic management integrates are a functional management into a whole.It is oriented toward achieving organization wide goals.It considers a broad range of stakeholders.It entails multiply time horizons.It is concerned with both efficiency and effectiveness.


What does controlling functions of management involves?

By observing and studying financial statements, managers can understand the status of the business and adjust activities where necessary to contribute toward the achievement of the business goals


Why is management important to you?

Management is crucial because it ensures that resources are utilized efficiently and effectively to achieve organizational goals. It provides structure and direction, enabling teams to work cohesively toward common objectives. Good management fosters a positive work environment, enhances employee engagement, and drives innovation, ultimately leading to better performance and success. Additionally, strong management skills are essential for adapting to change and navigating challenges in a dynamic business landscape.


In your own understanding how would you define Management?

Management is the process of planning, organizing, leading, and controlling resources—such as people, finances, and information—to achieve specific organizational goals efficiently and effectively. It involves making strategic decisions, coordinating efforts, and fostering teamwork to navigate challenges and optimize performance. Essentially, management is about guiding an organization toward success while balancing various stakeholder interests.

Related Questions

How has the movement toward empowerment changed the role of the manager?

The changes is their shared between the management and the employees, decisions, responsibilities, self direct work. They establish and implement their own work goals.


What are contributors of modern management?

Contributors of modern management are problem solvers who work hard to guide a team of workers toward a common goal. Robinson Towne was a main contributor to the modern management movement.


Why has the world changed its attitude towards china?

why has the world changed its attitude toward china....


Is not a part of the cycle of empowerment is it involvement or communication or assertion or action?

Involvement, communication, assertion, and action can all play significant roles in the cycle of empowerment. However, if we consider one that is least associated with empowerment, it could be viewed as "involvement," as it might imply mere participation without the active engagement or influence that empowerment entails. Empowerment typically emphasizes the importance of effective communication, assertion of one's rights, and taking actionable steps toward self-advocacy.


What is the medical term meaning movement toward the midline?

A movement toward the midline is called adduction. Adduct means to bring towards the center. The opposite, "abduction" is moving away from midline.


What should you do if her feelings change toward you?

Depends on HOW they changed. Next!


Is toward a common or proper noun?

Toward is a preposition, not a noun. It is used to indicate direction or movement in relation to something.


What do you call the movement of water toward the shore or upstream?

invection


What is growth of a plant movement toward light called?

phototropism.


What do you call the movement toward the mid line of the body?

sagital.


Explain how the nazi attitude toward women changed over the course of world war 2?

Explain how the nazi attitude toward women changed over the course of world war 2?


Not a United states movement toward the war of 1812?

Nvm found it