Technology Management is an indispensable part of the management in every organization in this era as technology is embedded in every phase of organizational practices. that's why it is necessary to know "How to use Technology Management and what are the practices which are applied to all the phases of TM".It is a very powerful tool to coordinate and control every organization.It teaches us to introduce new technology and its implementation in the environment of global competitiveness and survival of industry. It entails how to introduce green practices and take precautions while adopting new technology. Technology Management is the most important tool in present scenario.