This paper is one of a series of papers resulting from the study and application of feed-back control system theory and techniques to the control of organizations and management. Previous papers on the subject are referenced below (1) (2); the first presents the feedback control dynamics of organizations, and the second presents the application of control techniques to the dynamic response of projects. This paper investigates specifically the basic transfer functions of management in controlling organizations and projects (3). The organization is a complex machine in which feedback control is a predominent characteristic. The application of feedback control technology to organizations and management shows that the combined resources of machines, materials, men, and money for performing tasks may be expressed as a mathematical transfer function. The dynamic functions such as "time lags," "natural frequency," "dead time," "lead time compensation," etc., are expressed as performance operators, and the development of a mathematical model provides a more exacting treatment by use of control system techniques and simulation to determine the effects of various courses of action.