This speech analyzes the critical ingredients of an objectives-based management system for (1) goal determination--decisions regarding the direction of the educational enterprise; (2) progress monitoring--the formative evaluation of the system's enroute success in attaining its goals; and (3) output appraisal--the summative evaluation of the system's effectiveness. Several empirical studies, conducted by UCLA and the Instructional Objectives Exchange, are reported insofar as they bear on these three phases of large scale educational management. (Author)