People management, projects, issues, risks, work management and indicators – subjects for the boss to worry about.
Well, perhaps not.
Understanding how organizations function is important for everyone. If you know the things that impact your organization you can be more effective, you can be that employee who delivers solutions and not just problems.
Very simply all of these things impact you. If you are the boss you are ultimately responsible but if not you are certainly impacted by your bosses ability to deal with things, so why not be ready to help.