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Learn what planning is, why it is important, how it is done and what are its limitations. Explore the definitions, nature, types, features, levels, approaches, process, principles, advantages and measures of planning in management. What is Planning ? The planning function of management involves looking ahead and creating a roadmap for future actions and decisions. It is a systematic process that determines when, how, and by whom specific tasks will be performed. Planning takes into account available resources and aims to achieve a balance between needs and available resources. The planning process consists of the following steps: (1) Being aware of opportunity: Awareness of an opportunity is the real starting point for planning . It includes identifying all possible future opportunities and then analysing them in the light of the organisation’s strengths & weaknesses. Awareness of the opportunity in terms of organisational capabilities helps in setting realistic objectives. So, as a first step, planning requires realistic diagnosis of the opportunity situation ... Planning and Development Department About Us Planning & Development Department is one of the most important and key department for the Plan Formulation, Implementation and Policy Determination. The scope of duties & responsibilities has been increased significantly in the present scenario of the development.