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.