Please enable JavaScript.
Coggle requires JavaScript to display documents.
Planning (Classification of plans (Procedure, Method, Policy, Rule,…
Planning
Classification of plans
Procedure
Method
Policy
Rule
Strategy
Proramme
Objectives
Budget
Features
Planning focuses on achieving objectives
Planning is the primary function of management
Planning is pervasive
Planning is continuous
Planning is futuristic
Planning Involves descisiom making
Planning is a mental exercise
Planning procedure
Evaluating different courses of action
Selecting an alternative
Identifying alternative courses of action
Implementing the plan
Developing premises
Follow up action
Setting Objetives
Importance of planning
Planning provides directions
Planning reducer the risk of uncertainty
Planning reduces overlapping and wasteful activities
Planning promotes innovative ideas
Planning fascilitates descision making
Planning establishes standards for controlling
Limitations of planning
Planning leads to rigidity
Involves huge cost
Planning does not guarantee success
Time consuming process
May not work in dynamic environment
Reduces creativity
Types of plans
Standing plan
Method
Rule
Procedure
Single use plan
Programme
Budget
Project
( similar to programme but differs in scope and complexity)