Management Functions
Management Functions
Contents Page
Introduction 1
Forecasting 2
Planning 3
Organisation 4
Control 5
Co-ordination 6
Communication 7
Motivation 8
Conclusion 9
References 10
Introduction
Henri Fayol was one of the most influential contributors to modern concepts of management. His career began as a mining engineer, later moving into research geology for Comambault. The company was struggling however, Fayol turned the operation round. Upon retiring he published his works – a comprehensive theory of administration.
Personal experience and observation were the basis of his theories in terms of what worked well in organisation. His aspiration for an “administrative science” brought a set of principles that any organisation must apply in order to run both effectively and efficiently.
In this report I will give and explanation of Fayol’s seven functions of management and how a person in the construction industry may use them to ensure tasks are completed efficiently.
Henri Fayol’s seven functions of management are as follows: * Forecasting * Planning * Organisation * Control * Co-ordination * Communication * Motivation
Forecasting
Forecasting is a critical component of management. Reliable predictions need to be made about the final duration and cost of projects starting from the inception stage. It is necessary for these predictions to be revised and compared with the projects objectives to distinguish any early warnings against potential problems. The effectiveness of the projects control therefore relies on the management’s capability to make reliable predictions in a timely manner.
Financial forecasts, work load forecasts and resource forecasts should be carried out regularly for any business, organisation or project.
Planning
Planning is an essential part of business growth and development; it is the process for accomplishing purpose.
Contents Page
Introduction 1
Forecasting 2
Planning 3
Organisation 4
Control 5
Co-ordination 6
Communication 7
Motivation 8
Conclusion 9
References 10
Introduction
Henri Fayol was one of the most influential contributors to modern concepts of management. His career began as a mining engineer, later moving into research geology for Comambault. The company was struggling however, Fayol turned the operation round. Upon retiring he published his works – a comprehensive theory of administration.
Personal experience and observation were the basis of his theories in terms of what worked well in organisation. His aspiration for an “administrative science” brought a set of principles that any organisation must apply in order to run both effectively and efficiently.
In this report I will give and explanation of Fayol’s seven functions of management and how a person in the construction industry may use them to ensure tasks are completed efficiently.
Henri Fayol’s seven functions of management are as follows: * Forecasting * Planning * Organisation * Control * Co-ordination * Communication * Motivation
Forecasting
Forecasting is a critical component of management. Reliable predictions need to be made about the final duration and cost of projects starting from the inception stage. It is necessary for these predictions to be revised and compared with the projects objectives to distinguish any early warnings against potential problems. The effectiveness of the projects control therefore relies on the management’s capability to make reliable predictions in a timely manner.
Financial forecasts, work load forecasts and resource forecasts should be carried out regularly for any business, organisation or project.
Planning
Planning is an essential part of business growth and development; it is the process for accomplishing purpose.
References: www.info4eduction.com www.thatconstructionsite.com www.construction.com www.ihs.com B. Fryer; The Practice of Construction Management; Fourth edition; Blackwell Publishing B. Cooke, P. Williams; Construction Planning, Programming and Control; Third edition; Blackwell Publishing