Mechanics of Planning: Need for Formal Replanning

C Rangarajan

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: One lacuna in the present process of planning is the absence of a systematic effort to modify the plan targets as surpluses and bottlenecks arise in the course of a plan. To meet this problem, it is not necessary to resort to rolling plan which involves planning for five years at the beginning of each year. A rolling for this purpose is too complex and cumbersome a procedure. It may in fact reduce the discipline required to implement a given plan. On the other hand, a formal re planning after a plan has been in operation for a few years will provide an opportunity for critically examining the past performance and for taking appropriate corrective measures. This paper has argued that the task of resetting the targets is not a mechanical one. It involves establishing a new set of consistent targets bearing in mind the dominant objective to be fulfilled. In the case of multiple objectives to be satisfied this will require the planners to establish a new trade off among them.

Date: 1977-12-01
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp00265

Access Statistics for this paper

More papers in IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department Contact information at EDIRC.
Bibliographic data for series maintained by ().