Chapter 5, Problem 18RQ

Explanation of Solution

 Planning parameters used for adjusting the project plan:

 The planning process includes three different parameters for adjusting the process and they are explained as follows,

• Strategic planning:
  • In this, long terms goals and strategies related to organization are made.
  • It converts the normal statements to strong and vital statements.
  • Here, senior managers develop the strategic plans which are not involved with implementation planning.
  • It includes top-level or strategic managers.
• Tactical planning:
  • In this, goals and strategies related to organization development are made that lasts for at most three years...