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When done well, it can significantly increase your odds of success. But, when executed poorly, it can lead your project down the perilous path of failure. As Benjamin Franklin once said, “If you fail to plan, you are planning to fail.”  \nThe many faces of failure that can rear their  \nugly heads run the gamut from cost overruns, implementation delays and missed requirements, to poor quality and performance. The Harvard Business Review reported that the average IT project overran its budget by 27%, and that at least one in six IT projects turn into a “black swan” with a cost overrun of 200% and a schedule overrun of 70%( HBR) .  \nMore recently, IDC reported that big data-related AI projects were operating at a 50% failure rate.  \nAccording to the Project Management Institute’s  Pulse of the Profession, data from the 2019 Pulse survey shows that organizations wasted almost 12 percent of their project investments last year due to poor performance—a number that’s barely budged over the past five years.  \nProject planning is arguably the most challenging part of the project management lifecycle. It is during this stage that the plans are developed that will guide the project teams and managers throughout the project execution. In order to avoid the pitfalls of project failure, planning must be inclusive and thorough enough so that project goals are met, risks are mitigated, and costly mistakes and delays avoided. Project planning is the ‘heart’of the project because it determines everything that follows and, ultimately, drives the outcomes.  \nThe significance of project planning is undeniably clear. What is less obvious is identifying what must change in order for these unnecessary costs and failures to be avoided.  \nWith so much at stake, it’s time for businesses and project leaders to take a serious look at their project planning methods.  \n5  \nA Primer on Visual Project Planning  \nThe start of any project is crucial to its success. For the process of project planning to be improved and optimized, there are different strategies and techniques that you can implement which will increase the likelihood of your project starting off on the right foot.  \nThere are various visualization and diagramming techniques, with names like Starbursting, Fishbone or Ishikawa diagrams, Affinity Diagrams and Mind Mapping, to name a few, that will support and enhance project planning on a whole new level. You can apply these techniques to the entire project planning process to help you navigate and resolve complex problems as they arise.  \nVisual project planning techniques offer effective solutions, helping to align project stakeholders and team members with clear and harmonious  \ncommunication, all while staying within budget and resource constraints.  \nWhat’s even more promising is that the visual tools used to enhance project planning can also be applied throughout project execution to aid in problem solving, help","cbCaioU5fRLrrlrR","https://ap.wps.com/l/cbCaioU5fRLrrlrR","pdf",1681971,15,"English","# An Introduction to Project Planning and Project Success\n# The Project Planning Predicament\n# A Primer on Visual Project Planning\n## The Benefits of Visual Project Planning\n# Project Planning Visualization Toolkit\n# Solving the Right Problem","[{\"question\":\"Why is project planning described as essential to project success?\",\"answer\":\"Project planning is the stage where guiding plans are developed for teams and managers. Done well, it improves odds of success by ensuring goals are met, risks are mitigated, and costly mistakes are avoided.\"},{\"question\":\"What kinds of failure does poor project planning commonly cause?\",\"answer\":\"Poor planning can result in cost overruns, implementation delays, missed requirements, and poor quality or performance.\"},{\"question\":\"How does visual project planning help beyond the planning stage?\",\"answer\":\"Visual tools can also support problem solving during execution, help mitigate newly emerging risks, and maintain alignment with the project’s scope and objectives.\"}]","The Ultimate Guide to Visual Project Planning - An Introduction to Project Planning and Project Success | PDF",1792975653,38]