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Scenario planning is the process of constructing alternate futures of a business' external environment. The goal is to learn to use these alternative futures to test the resiliency of today's action plan.
A project management model typically includes key components such as defining project goals, creating a timeline, allocating resources, assigning tasks, monitoring progress, and evaluating outcomes. To effectively implement a project management model in a real-world scenario, it is important to have clear communication, strong leadership, proper planning, regular monitoring and adjustments, and a focus on meeting deadlines and objectives. Additionally, utilizing project management tools and software can help streamline processes and improve efficiency.
Compare and contrast scenerio planning and project management
You have been asked by your manager to conduct a preliminary search of recommending the two most common types of contemporary planning techniques - Project Management and Scenario Planning.
it helps to a growing business because as HR mainly focus on the current scenario and develop it in the future.