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Do you think that writing a business plan for a new project is important? if so, why?

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Question added by Tariq Omer , Sr. Trainer and Consultant Insurance , Watan First Institute
Date Posted: 2016/07/23
khaled nassar
by khaled nassar , Head of the local Procurement Section , Misr Compressor Manufacturing

Do you think that writing a business plan for a new project is important? yes

why? becuse It's important for:

1- select the targets of project and follow it then evaluated.

2. Identification of time stages of the project to follow up the implementation in order to avoid out of the general time frame of the project and thus carry additional project costs.

3. Identification of weakness Points or the Points incomplete and improved.

4. determine the expected project costs and compare the actual costs and determine the extent of the diffraction.

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