Resource Management — Flashcards

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Management is the process of using available resources—like time, money, energy, and skills—to achieve family goals. It means 'using what you have to get what you want' in a planned and organized way.

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1. Planning – setting goals and activities. 2. Organizing – arranging tasks and responsibilities. 3. Implementing – putting the plan into action. 4. Controlling – guiding and directing progress. 5. Ev…

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Planning helps set clear goals, organize tasks, avoid wastage of time and money, and ensures that resources are used efficiently to meet family needs and expectations.

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Organizing involves dividing tasks among family members, assigning responsibilities, scheduling activities, and arranging resources so that the plan can be carried out smoothly.

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Implementation means taking action as per the plan. It includes assigning duties, monitoring progress, and ensuring everyone follows the schedule and uses resources wisely.

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Controlling ensures that activities stay on track, resources are not wasted, and any deviations from the plan are corrected. It includes guiding, supervising, and adjusting actions as needed.

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Evaluation checks whether the goals were achieved, how well resources were used, and what improvements can be made for next time. It helps in learning and better planning.

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Values are beliefs that guide decisions and actions. They answer 'why' we choose certain goals. For example, valuing education may lead to saving money for children's studies.