Explain the importance of planning

To facilitate goals achievement

To facilitate assessment

To reduce risks and loss

To make good decisions

To carry out job division

To determine opportunities and threats

Any Project that needs to be executed has to be planned. Any tasks that was begun without proper planning and due diligence is almost always a failure. So, as a responsible project manager you have to plan your project properly to ensure that, your baby is a success. After all, which project manager wants to spend months of his time on a failing cause? Atleast, I don't …

Project Planning involves 4 important phases. They are:

1. Planning the Project Scope

2. Planning the Project Resources

3. Planning the Project Schedule

4. Planning Quality & Risk Management

Each of these 4 phases is equally important and have a significant impact on the success of the project.