oversight vs management

oversight and management both are nouns.

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

As nouns, management is a hypernym of oversight; that is, management is a word with a broader meaning than oversight:

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

Other hypernyms of oversight include direction.

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