Effective and Efficient Planning; an essential guide.

This course is a refresher for anyone who is regularly exposed to project management, but feels that they are not using their knowledge and skills as the effective resources that they are. 

This course will teach you how to use your skills to identify any gaps in the project planning process and make the most of investments in money, time and reputation. 

Understanding the positive and negative possibilities of having a plan.

Why do we plan?

  • We plan in order to get the best return on our financial investments, our time and to protect our reputations.
  • We plan because we have to.
  • We plan to make more money.
  • We plan because we have to hand in a report to our boss every month.

The positives and negatives of planning.

Money, Time & Reputation. 

It can be said that the most important step in the execution of a project is before the project even begins, and that is in the planning. There are immense benefits to planning a project effectively, as it will hopefully lead to the smooth running of a project. However, there are just as many negative consequences should there be ill planning or a failure to plan. It is likely that positive planning will be noted for a brief moment in time but the failure to plan or an ill- planned project could not only have a negative impact in the plan and project itself, but on the finances, time constraints and on the reputations of the company and yourself.

To expand, positive possibilities of having an effective plan include the correct ways and places to invest time and money and will result in a return on investments. It will also ensure your personal reputation and credibility, both of which are useful in gaining the trust of others involved in projects.

The negative possibilities of poor planning are under the same categories; time, money and reputation. Any delays or missed project deadlines have an effect on both money and your reputation. Ineffective use of funds may place a delay on projects and have an effect on a stakeholder’s level of trust in the planner. In many cases, ineffective planning may be just as detrimental as no plan at all.

These examples show how time, money and reputation are all interrelated and affected by both effective and ineffective planning.