While talking about planning, Albert Waterson says -
" Planning is an organised, conscious and continual attempt to select the best available alternatives to achieve specific goals. It involves economizing of scarce resources."
As we know,
the projects are made in order to achieve the vision, mission and objectives of the organizational goals. The nature of project as well as business environment both influences each other .
As we know,
the projects are made in order to achieve the vision, mission and objectives of the organizational goals. The nature of project as well as business environment both influences each other .
All the business organizations have its corporate social responsibility (CSR). So, a project manager must plan the project in such a way - that the organizational goals are achieved. These organizational goals must be ethical in order to gain the success of project.
All of the business operations are carried within the preview of business environments. So, the future of the project is unpredictable. Several opportunities and threats can surround the project. Therefore proper project planning must be made. Unplanned projects leads to stress .
So, in simple words project planning means, the planning of project work in a logical and structured manner. It is predetermined future of the project.
It is project planning that determines how the objectives of the project will be accomplished. It involves detailed design, budgeting, scheduling, determining and evaluating alternatives, and allocation of service in coordinated manner.
All of the business operations are carried within the preview of business environments. So, the future of the project is unpredictable. Several opportunities and threats can surround the project. Therefore proper project planning must be made. Unplanned projects leads to stress .
So, in simple words project planning means, the planning of project work in a logical and structured manner. It is predetermined future of the project.
It is project planning that determines how the objectives of the project will be accomplished. It involves detailed design, budgeting, scheduling, determining and evaluating alternatives, and allocation of service in coordinated manner.
It is deciding in advance about:
- What activities are to be done in the project?
- How the activities will be done?
- When the activities are to be done?
- Who will do the activities?
- Who should be made accountable to what kind of work allocation?
- In what manner should the project run to get its predetermined objectives?
However, project planning is not optional but it is a compulsory task. That is, it is mandatory in nature.It is one of the project management tactics.For further details regarding the meaning and definition of project management.
The task involved in project planning are briefly mentioned below:
Feasibility study :
This study is done to determine the implement ability of the project. Whether the project is viable or not, is studied in depth. Research and development activities are done and then, a feasibility report is prepared.
Appraisal:
It is done after the feasibility study. It is simply an evaluation of project’s ability to be viable.
Design:
It is concerned with the preparation of:
In conclusion, we can say that, all the projects have its own specified boundaries :
Feasibility study :
This study is done to determine the implement ability of the project. Whether the project is viable or not, is studied in depth. Research and development activities are done and then, a feasibility report is prepared.
Appraisal:
It is done after the feasibility study. It is simply an evaluation of project’s ability to be viable.
Design:
It is concerned with the preparation of:
- Detailed engineering design ( including blueprints and specifications ).
- Detailed implementation plan including schedules, cost, time and allocation of resources.
- Limitation of time
- Limitation of cost
- Specific objectives
- Specific set of beneficiaries.
Project planning directly depends upon the nature of the project that is chosen. It must be done in such a way, so that, it has sufficient room to adapt towards the changes of environmental. Project manager plays significant roles in successful completion of project by applying his knowledge, skills and positive attitude in order to complete the project within its own specified boundaries.
(For more details regarding capital intensive projects and labour intensive projects)
Picture Credit : cdn2.hubspot.net
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