ABSTRACT

This chapter focuses on business planning, while keeping personal planning at hand to highlight some standard problems that exist in business planning. It discards all economical parts and focuses on pure planning of the timelines. A very limited set of possible hurdles includes: slow enrollment, unpredicted negative outcomes, poor execution, lack of financing, changing priorities, etc. In well-organized technology maps, planning for elementary tasks is extremely tight—if there are many different tasks and the number of repetitions is high, then for a flawless execution people need the Six Sigma technique. Another important point is that the resolution of uncertainties is not different in the dynamic planning from handling of errors in estimation in the classic deterministic planning—generally it is re-planning after some non-correctible deviation has occurred. The best strategy would be re-planning of the project according to the findings and the created mitigation strategy; staying informed of the remaining uncertainty tree.