Abstract
Planning is the process of determining future decisions and actions necessary to accomplish intended goals, and targets. Planning for future actions helps in achieving goals in the most efficient and effective manner. It minimizes costs and reduces risks and missing opportunities. It can also increase the competitive edge of the organization. The planning process can be divided into three basic levels depending on the planning horizon: 1. Long range planning (covers a period of several years); 2. Medium range planning (one month to one year plans); and 3. Short range planning (daily and weekly plans).
| Original language | English |
|---|---|
| Title of host publication | Handbook of Maintenance Management and Engineering |
| Publisher | Springer London |
| Pages | 237-262 |
| Number of pages | 26 |
| ISBN (Print) | 9781848824713 |
| DOIs | |
| State | Published - 2009 |
ASJC Scopus subject areas
- General Engineering
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