Planning & Controlling

Sr. No.	Basis of Difference	Planning	Controlling
1.	Meaning	Planning is deciding in advance what to do, how to do, when to do it and who is to do it.	Controlling measures the deviation of actual performance from the standard performance and takes corrective actions.
2.	Objectives	The main objectives is to set goals and choosing	The main objective is to ensure that the targets must be achieved as per the plans.
3.	Area of function	It includes setting objectives Identifying alternate course of action Select the best plan	It Includes Fixation of standards, Measurement of actual performance.
4.	Factors	Internal as well as external factors are considered while setting targets.	It takes care of Internal as well as external factor for taking corrective action.
5.	Order	It is the starting point of management. Other functions depends on Planning.	It follows all other functions. It is an end function of Management Process.
6.	Nature	It is continuous in nature. Planning will never come to an end till the organization exists.	It is a process which starts once the actual target is achieved.