Information technology and management is the organization and control over the collection of information from several sources, processing and distribution to large audiences. Information management started off as a simple subject till information technology took off in the 1970s. With the incorporation of data maintenance, information management has developed into a deep, vast and highly specialized subject. Now information management includes organizing, retrieving, acquiring and maintaining. Various disciplines are associated with information management. Behavioural science was co-related to information management by the Carnegie Mellon University by Barnard and March with Simon. Organisations are taken as cooperative systems which require a remarkable level of information processing and accompanied by an expanded need for decision-making at different levels (March and Simon, 1958). They believed that rational theories proposed for improving management, sometimes cannot be executed. Jay Galbraith (1977) has enumerated five organisation design strategies aimed at improving information processing. He felt that the organizational information processing capacity could be achieved by creation of lateral relations and vertical information systems and that the need for processing could be reduced through environmental management, creation of slack resources and creation of self-contained tasks. Computer technology has been used in engineering for 2 decades but a transition has occurred from traditional engineering graphics to information engineering graphics (Ciupaila, 2005) so that the computing possibilities are expanded to include even artificial intelligence. An arc or a tangent can be plotted using just 2 commands and projection is easily possible. The traditional method is now seemingly useless. The graphics on the computer increases the possibility of adding more essential information and data (Ciupaila, 2005). Even now the system is not completely exploited to its full potential. Many more new graphical systems are waiting to be modeled. The different branches of engineering require independent researches. Civil engineering has especially benefited from computerisation (Ciupaila, 2005). Artificial intelligence is the branch of computer science which makes computers behave like humans. Programming the computers to play games like chess, to make decisions in real life situations like illnesses, to understand natural human languages, that simulate the intelligence to reproduce the physical pains of experimental animal brains and to make the computers see and hear and react to other sensory stimuli constitute artificial intelligence (Artificial Intelligence, 2008). These contribute to the world of information that we already have and that would allow humans to experiment further. The Decision Theory is significant only when there is more than one choice for action and when a doubt arises as to which action provides more benefits. Information management utilises this theory to ascertain the risks involved and the outcomes possible. Strategic planning follows which helps decide finally the plan of action. Managers deal with risk by calculating expected gains or yields based on prob