Prudent management definition
Prudent management. ' means the standard of care that would be observed by a prudent person dealing with the property of another.
Examples of Prudent management in a sentence
Prudent management of the District includes the adoption of appropriate goals, objectives, policies and guidelines for the investment of available funds.
Prudent management practices will be deemed to require competitive bidding only where customary and where there are at least two qualified responsive bidders.
Prudent management and boardmonitor compliance with internal policies and maintain reports ofall exceptions to policy.