Process of planning:-

a) Identification of strengths and weaknesses;

b)Understanding of personal values of top management;

c) Identification of opportunities;

d) Definition of product marketing;

e) Identification of competitive edge;

f) Establishment of goals, objectives and standards;

g) Identification of resource deployments

Attributes of good project plans :-

a) Work descriptions and instructions

b) Network scheduling

c) Master or detailed schedules

d) Budget

e) Time/cost/performance tracking

f) System reports

g) Feedback

h) Management decision-making