Planning is the act or process of making and maintaining a plan.
The term is also used to describe the formal procedures used in this exercise, such as the creation of documents and diagrams.
Planning is essential, regardless of the type or size of the project; it is not a trivial exercise but is vital to the success of the project.
Without effective planning, the result of complex projects cannot be predicted in terms of scope, quality, risk, timescale, cost and benefits.
Those involved in providing resources cannot optimize their operations.
Poorly planned projects cause frustration, waste and rework.
It is therefore essential to allocate sufficient time [see 'The Complete Time Management package'] for the planning stage.
PRINCE2® requires a product-based approach to planning.
PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.