Planning is the formation of a detailed scheme for proper arrangement of the necessary actions, steps and means for achieving the project objectives. The planning exercise should be guided initially by the overall time schedule and cost estimate given in the Detailed Project Report. In the planning stage, the project is broken down into many manageable elements fixes into a time frame within the aver all time schedule, with an allotment of resources within the overall project cost, and released for execution. An achievable. realistic plan, fitting in which the overall project time and project cost is the essential requirement for a project's success. Performance guidelines and a controlling system to evaluate and modify the performance as required, shall form part of the plan. Between the formulation of preliminary plan in the Detailed Project Report stage and the localisation of plan for implementation, the planning has to be subjection iteration for a possible reformation of the preliminary plan.
No comments:
Post a Comment