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Question 20 of 50

Q.Distinguish Between.
Planning and Controlling

Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2022Subjective· 4mImportance★★★★★
40% · 20/50 Questions
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Planning sets the targets and course of action beforehand; controlling later checks actual results against those targets and takes corrective action. Planning is the beginning and controlling is the end of the management process.

Both are primary functions of management and depend on each other — there can be no controlling without a plan, and a plan is meaningless if performance is never controlled. Yet they differ:

BasisPlanningControlling
MeaningDeciding in advance what is to be done, how and whenComparing actual performance with the plan and correcting deviations
PositionFirst (basic) function of managementLast function of management
NatureForward-looking (looks to the future)Backward-looking (reviews past/actual performance)
ObjectiveTo set goals and decide the course of actionTo ensure goals are achieved as planned
Basis of actionBased on forecasts, information and objectivesBased on standards set during planning

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