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Also, planning has a specific process and is necessary for multiple occupations (particularly in fields such as management, business, etc.). In each field, there are different types of plans that help companies achieve efficiency and effectiveness. An important, albeit often ignored the aspect of planning, is the relationship it holds to forecasting. Forecasting can be described as predicting what the future will look like, whereas planning predicts what the future should look like for multiple scenarios. Planning combines forecasting with the preparation of scenarios and how to react to them. Planning is one of the most important project management and time management techniques.
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