The much awaited Java 5 has been launched in recent past by Sun. People who are in IT or related to IT industry were interested about its consequences on many factors. People who are developing applications using Java as a developing technology were more interested in new language features and other technological enhancements. But others for whom it is important to manage such process from higher level were more interested in things that are going to change with Java 5. In this article we are going to discuss enhancements in Java 5 over prior versions that are important from management’s point of view.