G-02 Project Planning and Development📽️ Flashcards
is integrating a framework within which each of the functional plans may be tied together and an overall plan is developed for the entire organization.
Planning
In spite of the dynamic nature of most businesses, they are nevertheless susceptible to marked change and development so much so that if they are unable to meet and sold them, many aspect of its aperations may became seriously impaired
Conditions
In planning the executive face a span of time within which to carry out the plans into executions.
Time Factor
the best of plan would be unproductive of good results in the absence of available resources that that the business enterprise needs for its continous operation
Resources Available
One of the common causes behind the failure of planning as a process and moreover, as a function of management is the absence of total involvement on the part of all levels in the planning process
Skills and Attitude of management
In a country which does not sanction of the existence of private free enterprise, most planning is done by the government
Political and Social Environmental conditions.
modern product is an anchored on the better use of existing plans and equipment through improve science and technology manpower requirements are dully considered as organization plan of operations
Physical Facilities
Planning depends on its effectiveness on the quality and quantity of data involve in the planning process. such information are data must be carefully organized, arranged and properly evaluated
Collection and analysis of data
is a key tool to the strategic planning process which can be a useful approach to planning
SWOT
What is SWOT stands For?
Strenght, weaknesses, Opportunities, Threats
internal positive aspect that are under control upon which you may capitalized in planning
Strengths
it is seeing what you can improve what you do badly and what you should avoid it refer to the internal negative aspect that are under your control and that you may plan to improve
Weaknesses
it refers to the positive external condition that you do not control of which you can plan to rake advantage
Opportunities
refers to the negative external conditions that you do not control but they affect and of which you may be able to lessen
Threats
is created to address a specific concern
Project