Planning horizon

Planning horizon,

Definition of Planning horizon:

  1. Period covered by a particular plan or a firms planning cycle. In general, its length is dictated by the degree of uncertainty in the external environment: higher the uncertainty, shorter the planning horizon.

  2. The length of time into the future that is accounted for in a particular plan.

How to use Planning horizon in a sentence?

  1. Large investments are unlikely to be viewed as feasible when the planning horizon is limited.

Meaning of Planning horizon & Planning horizon Definition