This competency-based preservice home economics teacher education module on management skills is the first in a set of three modules on management in economically depressed areas. (This set is part of a larger set of sixty-seven modules on the Management Approach to Teaching Consumer and Homemaking Education [MATCHE]--see CE 019 901-967.) Following the module objective and overview, two units of instruction are presented: (1) identifying skills (with lessons on management strengths, identifying strengths, and developing management skills) and (2) identifying alternative resources (with lessons on local financial alternative resources and federal, state, and county financial alternatives). Each unit includes the objectives and overviews; unit two has a progress test. Lessons contain narrative summaries and suggested activities and resources. A module pre/posttest (with answer key) concludes the document. (Workshop proceedings relating to the development of these modules are available in the ERIC system as CE 019 896-899; also available is a module on utilizing FHA-HERO as an instructional strategy to expand and strengthen the home economics instructional programs [CE 019 900].) (CT)