Which function of management includes oversight of resource allocation?

The function of management that includes oversight of resource allocation is controlling. This function involves monitoring and evaluating the effectiveness and efficiency of resource use in achieving organizational goals. Controlling ensures that the resources—such as personnel, finances, and materials—are utilized properly and aligned with the organization's strategic objectives.

Through controlling, managers assess performance through various metrics and key performance indicators (KPIs) and can address any deviations from the set goals. This may involve making adjustments in how resources are distributed or allocated to ensure that the organization remains on track to achieve its objectives.

In contrast, planning focuses on defining organizational goals and developing strategies for achieving them, while coordinating involves aligning and harmonizing activities across different departments or units. Directing deals with leading and motivating personnel to work towards the organization's goals. Each of these functions supports resource allocation in its way, but only controlling has the specific oversight of ensuring that the allocation aligns with performance outcomes.