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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 22 / 6149 | 
                
    
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The approach used usually depends upon the level of uncertainty
encountered. Projects with lower levels of uncertainty, typically incremental
innovations, require one sort of planning tool, but breakthroughs, which are fraught with
high degrees of uncertainty on many dimensions, require a different approach...
        
        
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(See âProject
Planning Approaches,â p. 57.)
An operating plan is particularly useful in the context of daily operations in which routines
have been utilized many times and outcomes can be predicted with a high degree of certainty.
Mark P. Rice is the Frederic C. Hamilton Professor for Free Enterprise at Babson College...
        
        
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            General points of the essay
            
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