Business Studies, asked by sakeenabanu112, 13 days ago

As a Manager of an organization what logical steps you follow in planning process before executing a

project?​

Answers

Answered by sahanavijay1605
2

Answer:

Explanation:

The process of planning consists of a series of interrelated steps which varies depending on the size and  complexity of the organization. The basic steps involved in the process of planning are –

1. Analysis of opportunities – Planning starts with analysis of opportunities in the external environment  as well as written the organization. Goals can be set only when a proper scanning of the  environment, that reveals the opportunities that exist.

2. Establishing Objectives – The next step in planning process involves establishing objectives for  the whole organization, and for the different departments. Organisational objectives provide  direction to the major plans

3. Determining planning Premises – Planning premises refer to the environment in which the plans are  to be implemented. The task of determining premises should only be continued to those aspects  that are critical to the plan.

4. Identifying alternatives – Different feasible alternatives need to be identified in order to achieve  a particular objective, since there may be multifarious ways in which a particular goal can be  accomplished.

5. Evaluation of alternatives – Alternatives needs to be evaluated in the light of goals. Those are set,  and objectives to be achieved considering the various constraints and uncertainties that exist.

6. Selection of the best alternative – The choice of the best alternative, i.e. the selection of the most  appropriate course of action. Sometimes two or more contingency plans are kept as a backup  considering the unpredictability of the future.

7. Implementing the plan – Implementation or execution entails putting the plan into action.  Managers need to consider a series of important decisions during implementation of the actions  stated in the plan.

8. Reviewing the Plan – Reviewing the plan help managers to evaluate the effectiveness of the plan.  A system of thorough review and scrutiny can help in detecting derivations from the set plans and  remedial measures can be taken accordingly.

Answered by TokyoLights
3

Answer:

Hi,

Explanation:

Can we be friends ???

 \\

Myself Sujit

Class 11

From West Bengal

 \\

Your Intro plz..

 \\

Similar questions