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---
id: management
title: "Management"
scopeid: essifLab
type: concept
typeid: management
stage: draft
hoverText: "Management: the act or process of managing or actually realizing of (the results associated with) a set of Objectives by the Owner of these Objectives."
glossaryText: "the %%act^action%% or process of managing or actually realizing of (the results associated with) a set of %%objectives^objective%% by the %%owner^owner%% of these %%objectives^objective%%."
date: 20210830
---

### Short Description
**Management** is the %%act|action%% or process of managing or actually realizing of (the results associated with) a set of  %%objectives|objective%% that are %%owned|owned%% by a single %%party|party%%. This act or process is conducted by (%%agents|agent%% that do so on behalf of) this %%party|party%%.

Management is about planning and organizing the budgets and other resources so that they become (and/or remain) available _to produce the results_ of the associated %%objectives|objective%%. It includes the specification of timelines (deadlines) for the production, as well as the properties and other characteristics (security, quality, sustainability, etc.) of what is actually being produced/maintained. It also deals with making the tools and %%policies|policy%% (e.g. working instructions) available for doing all this.
In order to keep tabs on the efficiency of the management process, performance indicators may be developed, i.e. gauges that measure how well the resources are spent in this production/maintenancd work are also part of this.

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The management of a set of %%objectives|objective%% can be implemented as a %%control process|control-process%%. The control objectives that are needed by this control process would typically come from a %%policy|policy%% of the owner of the %%objectives|objective%% that are managed.
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We make a clear distinction between governance and management, which is explained in the %%governance and management pattern|pattern-governance-and-management%%.

### Purpose
The purpose for a %%party|party%% of having a **management** process is that it enables him to efficiently realize (the results associated with) various subset of its %%objectives|objective%%, to change the specification of the associated results as needed, and to make sure the results are actually going to be used by itself or some other %%party|party%%.