There are business reasons, called business plan events, that force you to produce the traditional plan document. The more common business plan events are related to seeking loans or investments
Business plans are great, but many of these methods such as formal planning do not allow for change and therefore will ultimately become ineffective for many projects. Check out my project management blog and see what you think.
@BillyWaters101@BillyWaters101 Thanks for the feedback Billy and we couldn't agree more with your point about certain plans being ineffective for certain goals. Tim talks a lot during this series about building the type of plan that is right for you. He also goes into that point in more detail in our Ask Tim Berry series in this video "What type of business plan do I need?"
Business plans are great, but many of these methods such as formal planning do not allow for change and therefore will ultimately become ineffective for many projects. Check out my project management blog and see what you think.
formalplanningfriendorfoe.blogspot.com/
BillyWaters101 2 months ago
@BillyWaters101 @BillyWaters101 Thanks for the feedback Billy and we couldn't agree more with your point about certain plans being ineffective for certain goals. Tim talks a lot during this series about building the type of plan that is right for you. He also goes into that point in more detail in our Ask Tim Berry series in this video "What type of business plan do I need?"
SeanPAS 2 months ago