management vs oversight

management and oversight both are nouns.

Word	Noun	Adjective	Verb	Adverb
management	Yes	No	No	No
oversight	Yes	No	No	No

As nouns, oversight is a hyponym of management; that is, oversight is a word with a more specific, narrower meaning than management:

management: the act of managing something
oversight: management by overseeing the performance or operation of a person or group

management (noun)	oversight (noun)
the act of managing something	a mistake resulting from inattention
those in charge of running a business	management by overseeing the performance or operation of a person or group
	an unintentional omission resulting from failure to notice something