Reasons for Project Planning

• Control risks and uncertainty in the project environment.
• Allocate resources in a coordinated manner.
• Establish standards of performance for project monitoring and control against which:
• Project progress can be measured
• Resource usage and expenditure can be monitored
• Project viability can be assessed.
• Provide a structured basis for executing the project work and to sequence and schedule the work based on Work Breakdown Structure (WBS).
• Establish procedures to make corrections in project work.
• Achieve project results on time, to the budgeted cost and to the desired level of quality performance.
• Improve efficiency of project operations by minimising waste.
• The need for project planning increases with the increase in size and complexity of the project.