The process of planning involves several stages that are essential in decision-making. The first stage is developing the concept which is the idea that sets the purpose of the plan. Defining objectives is the next stage that amplifies the intended outcome of the plan. Conducting a feasibility study is another stage that examines the challenges and opportunities before proceeding to the implementation stage. Designing and organizing resources in line with the plan requirements is the fourth stage. Project scheduling and resource allocation make up the fifth stage. Lastly, assessing the completed project and making necessary adjustments is the final stage. Synonyms for planning stages include preparation, groundwork, arranging, charting, and mapping.