Ebook Continuous Planning mobile 2017 - Page 3

Frequency Promotes Accuracy It’s important to frequently review and update plans to ensure they reflect both current conditions and projected changes. Regular reviews are needed to update project status and priority, track performance, and adjust schedules and resource capacity forecasts. Project and portfolio managers need access to real-time data to stay on top of planning and execution. Frequent revisions to plans also reduce overcommitment of resources. Because it’s common for projects to be added or canceled after annual budgets are set, frequent planning cycles enable companies to adapt and reprioritize quickly. akeaway: Revisit the plan often to support the changing needs of the business and new market demands. 1 2 3 4 5 6 7 8 9 10 11 12