What is an assumption in the context of planning?

In the context of planning, an assumption is a logical and realistic supposition accepted as true in the absence of definitive proof. This means that while there may not be direct evidence to support these beliefs, they are formed based on reasoned thought and are essential for guiding the planning process. Assumptions help in establishing a foundation for decision-making and strategic actions, allowing planners to move forward with their objectives while acknowledging the uncertainty of future events.

These rational suppositions enable individuals and organizations to create frameworks for their plans, functioning as a basis on which they can build their strategies. For instance, a business might assume that a certain market will expand, allowing them to allocate resources accordingly. Such assumptions can be revisited and revised as more information becomes available, maintaining flexibility in the planning process.