Controlling is an important management function that involves verifying tasks are performed according to plans, measuring actual performance, comparing it to standards, and taking corrective actions to achieve goals. It has objectives like ensuring organizational goals and optimal resource utilization. Advantages include minimizing errors and improving efficiency. Control can be preventive, concurrent, or feedback-based. Common techniques are budgeting, cost control, production planning, and statistical analysis. Controlling helps monitor performance but may be limited by external factors and lack standards.

1. Project
Principles Of Management
Presented
Presented
Presented by:
by:
by: P.Komal & S.Srinija
P.Komal & S.Srinija
P.Komal & S.Srinija
VVISM
VVISM
VVISM
Controlling

2. Overview
What is controlling
Characteristics
Objectives
Advantages
The ? rule
Limitations
Steps involved
Types
Techniques
Conclusion

3. Introduction
Definition:-
HENRY FAYOL SAID THAT,”IN AN UNDERTAKING,CONTROL CONSISTS IN
VERIFYING WHETHER EVERYTHING OCCURS IN CONFIRMITY WITH THE PLAN
ADOPTED, THE INSTRUCTIONS ISSUED AND PRINCIPLES ESTABLISHED.”
GEORGE R TERRY ALSO DEFINED IT AS,”CONTROLLING IS DETERMINING
WHAT IS BEING ACCOMPLISHED THAT IS EVALUATING THE PERFRORMANCE,
IF ANY NECESSARY, APPLYING CORRECT MEASURES SO THAT THE
PERFORMANCE TAKES PLACE ACCORDING TO PLANS”

4. Managerial Function
Forward-looking
Dynamic process
Continuous activity
Action oriented
Characteristics

5. Objectives
Organizational goals
Co-ordination
Optimum utilization of resources
Employee motivation
Establishing standards

6. Minimizes errors
Order and discipline
Improved financial performance
Faster communication and co-ordination
Improves efficiency
Helps monitor performance
Advantages

7. The ‘Hot stove’ rule

8. Influence of external factors
Expensive
Lack of satisfactory standards
Opposition
Limitations

9. Steps in controlling
Setting of
control
standards
Measurement
of actual
performance
Comparing actual
and standard
performance
Taking
corrective
action

10. Types
It is a preventive control
system that will let you
prevent problems before
their occurrence.
01
Concurrent control means
solving or managing problems
as they happen. As such it is
also called side-by-side or
real-time control.
02
Feedback control, as the name
suggests, refers to a control
mechanism that solves problems
after they happen. It is a reactive
approach to controlling.
03
Feedforward
control
Concurrent
control
Feedback
control

11. Budgeting and budgetary control
Cost control
Productional planning and control
Inventory control
Break even analysis
Profit and loss control
Statistical data analysis
TECHNIQUES

12. Controlling is an important management
Controlling is an important management
function that involves ensuring tasks are
function that involves ensuring tasks are
performed according to plans, detecting
performed according to plans, detecting
deviations from plans and correcting deviations
deviations from plans and correcting deviations
to achieve set goals.
to achieve set goals.
CONCLUSION

13. Thanks For
Listening