Plan

Plan is a term that indicates:

• set of planned activities through which we want to achieve some goal (e.g. project plan)
• layout of individual elements within a system (e.g. architectural plans)
• intended target values ​​of some performance indicators (e.g. financial plan).

Crucially, the plan includes target values or a target state that we want to achieve.

The plan may be informal (only an idea in one’s head) or can have a formalized form (written document, chart, schedule, schema, or table). Making plans is the output of one of the key managerial activities - planning. However it may not necessarily apply only to the work of managers. The plan is a broader concept than schedule - it includes in addition to the time sequence of individual activities also other circumstances that may affect the achievement of objectives, such as resources, risks and other restrictions.

Use of the plan in practice: Plans, particularly in a formalized form are one of the key documents in the organization, because they are the means of communication in achieving any goals, and it does not matter whether it is an project or financial objective, or targets in architecture. Creating plans applies to all parts of the organization.

The most common plans in practice:

• Business plan
• Financial plan (integrates all plans through financial statements)
• Sales plan
• Marketing plan
• Project plan
• Production plan
• Purchase and material needs plan
• human resource development plan
• Employee personal development plan
• Investment plan
• Maintenance and repair plan