Question

Five Marks Question:
Explain briefly any five points which highlight the importance of controlling.

Answer 1

Importance of controlling:

• Controls make plans effective. Managers need to measure progress, offer feedback, and direct their teams if they want to succeed.
  
• Controls make sure that organizational activities are consistent. Policies and procedures help ensure that efforts are integrated.
  

• Controls make organizations effective. Organizations need controls in place if they want to achieve and accomplish their objectives.
  

• Controls make organizations efficient. Efficiency probably depends more on controls than any other management function.
  

• Controls provide feedback on project status. Not only do they measure progress, but controls also provide feedback to participants as well. Feedback influences behavior and is an essential ingredient in the control process.