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The mission of management control is briefly as follows:
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The Function (Mission) of "Management Control",, is to ensure the correctly implementation of policies, procedures and plans in addition to compare "what is actually done" with "the planned figures", in order to identify and immediately correct any deviations and taking the necessary action to avoid appearing of such deviations once more in the future.
Every Management have certain roles to perform which are specific to the nature of the company's business however, in general, every management have common aim of achieving set and defined Goals within certain time frame. From this we can derive their missions , as under :::
Management is the profession of control.
1) To Set the Goals
2) To Put a workable plan with time frame
3) To allocate the resources
4) To monitor the performance against the plans.
While the work is under process they need to do the followings :
a) To set the Standards both quantitative and qualitative terms.
b) Measurement of actual performance
c) Compare actual performance with standards.
d) Analysis deviations
e) Initiate corrective measures.
My answer is covered by the one provided by Mr. Fazlur Rahman.
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controlling the time, cost and quality
To measure progress, to uncover deviations from plans, and to indicate corrective, action.
Mission of the management control is to reach the vision through good governance.
The mission of management control is to ensure a permanent and efficient mobilization of energies in order to achieve the goals that propose company leaders.
This is primarily a state of mind that must possess the controller and must adapt to the proper conditions of the company.
To establish standards to measure performance basing on the goals and objectives set.
To measure actual performace with the standards set.
To set a yardstick for performance measurement & appraisal.
To ensure that the organisation ultimately meets its goals & objectives.
publish high quality theoretical and empirical studies in line with the international standards