Project planning and execution is the process of creating a plan for a project and implementing it to achieve success. It involves defining the scope, goals, deliverables, timeline, budget and resources needed to complete said project. It also includes risk management, communication with stakeholders and the necessary tracking tools to assess progress and make course corrections. Project planning and execution requires strong organizational skills, attention to detail and an ability to manage not only yourself but others. It’s a complex endeavor that requires both strategic thinking and tactical execution – a combination made even more challenging by the ever-changing nature of business in today’s world. Through careful consideration of risks, costs and deliverables, smart project planning can be the difference between success and failure.