Plan, Project Management

Assignment Help:

Plan

A plan is a blueprint or framework used to describe how an organization expects to achieve its goals. Planning is the process of developing plans or determining how best to approach a particular goal. When managers plan they map out courses of action for their organizations in advance. Planning therefore describes the direction or the path that the organizational process must follow in order to achieve goals most efficiently and effectively.

Planning is thus of primary importance to every organization, and each manager must plan for his or her job. However overall planning must begin at the top of the organization.

The three major types of plans are:

  • strategic
  • tactical
  • operational


Strategic plans are the broad, long range plans developed by top management to guide the general direction of the organization. Tactical plans are designed to implement strategic plans and hence have a moderate scope and intermediate time frame (associated more with middle management). Operational plans have the narrowest focus and the shortest time frame and are executed by firstline managers. They include standing plans and single use plans.

Planning is important for several reasons:

  1. It gives direction and purpose to organizational activities.
  2. Aids in the utilization of resources.
  3. It gives good measures against which performance can be judged.
  4. Reduces waste especially of time and often vital resources.
  5. Helps organizational members remain within focus and it gives boundaries of the extent of organizational activities.
  6. It is a basis for all other functions of management, without plans for example organization and control are impossible.

Related Discussions:- Plan

Project management, Project management: a. Describe a project you are ...

Project management: a. Describe a project you are currently working on for school or work or your personal hobbies and interests that would benefit from Project Management con

Project integration management, You work for Point-Of-Sale Solutions (POSS)...

You work for Point-Of-Sale Solutions (POSS), an international point of sale company, which has decided to provide an Internet enabled menu ordering system delivered on the iPad as

Preparation of manufacturing drawings, This is one of the most tedious a...

This is one of the most tedious and difficult phases of design yet quality literally depend upon the correctness and completeness of the manufacturing drawings and specifica

History of iso, ISO 9000 series of standards on quality system was formu...

ISO 9000 series of standards on quality system was formulated by international organization for standards in order to meet the requirements of internationally uniform q

Factors of quality, Factors of Quality The implications here are tha...

Factors of Quality The implications here are that quality is to be viewed in its totality and not restricted only to the quality of production or products or some aspects

What is project scheduling, Question 1 Briefly explain various activities ...

Question 1 Briefly explain various activities involved in project management Question 2 What is COCOMO? Write necessary steps for cost estimation Question 3 What is proj

Create a 2-level wbs and apply project-management skills, A project to remo...

A project to remodel an office area has the following activities. (Hint: You will need to build an AIB diagram, perform a forward pass, and perform a backward pass to answer this q

Purpose of automated storage and retrieval systems, Purpose of Automated St...

Purpose of Automated Storage and Retrieval Systems The main purposes of installing ASRS are as follows: 1. Increase Storage Capacity : ASRS ordinarily  increase the  stora

Project financing, Comparison between dept finance and ordinary share capi...

Comparison between dept finance and ordinary share capital

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd