
PLAN
A PLAN in business or project management is a detailed strategy outlining how to achieve specific goals. It includes defining objectives, identifying necessary resources, assigning tasks, setting deadlines, and establishing metrics to measure progress. Think of it as a roadmap that guides a team step-by-step from start to finish, helping ensure everyone understands their responsibilities and the desired outcome. Having a well-structured plan improves organization, decision-making, and chances of success, providing clarity and direction throughout the project's lifecycle.