Is planning actually worth the huge costs involved? Explain.
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Yes, planning is actually worth the huge costs involved.
Preparation of plans involve lot of costs in terms of time and money. Plans require check of accuracy of facts and scientific investigation of facts and figures .Sometimes , the cost involved in the planning may not justify the benefits derived from the plans. Incidental costs also increase overall cost of the plans.
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Planning involves huge cost, when plans are drawn up huge costs are involved in their formulation. These are in terms of time, money, effort etc. Detailed plans require scientific calculations to ascertain facts and figures. The costs incurred sometimes may not justify the benefits derived from the plans.
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