Asked by Donna Simko on May 30, 2024

verifed

Verified

The time associated with planning a project can yield returns through reduced implementation time and costs.

Implementation Time

The period required to put a plan, project, or policy into effect.

Returns

The profits or benefits gained from an investment or venture.

  • Grasp the benefits that thorough planning brings in terms of time and cost savings during project execution.
verifed

Verified Answer

TT
tonia thorpe

Jun 05, 2024

Final Answer :
True
Explanation :
Planning helps in identifying potential obstacles and risks that can be addressed proactively, thus reducing the time and costs associated with project implementation. A well-planned project can help in streamlining the project execution process and ensuring that resources are utilized optimally, leading to a more efficient project completion.