Why do we need project planning?
You see, careful & detailed planning help us to reduces risk and in turn uncertainty in any given
project. In meticulously planned project, project planner attempts to make a provision for potential
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PMBoK ® 4th Edition – Page number 13
Project
Objectives
Project
Requirements
Project
Deliverables
Delivery
Schedule
Budget
Plan
Resource
Plan
Quality
Plan Risk Plan
Project
Team
Sponsor's
Team
occurrences of uncertainties in advance.
It is true that project plan in advance, cannot take care of all unforeseen events, risks, and deviations
nevertheless; we still, are in a better position than having no planning. Why? – We know what needs
to be done, we can organize our work and also, with well-planned project we can better equip
ourselves to respond aptly to potential risks, slippages, etc. Hence the bottom line is, we are able to
save on time, on resources and as a result we can save on cost too.