Project planning is the process of defining the goals, tasks, and resources needed to complete a project successfully. It involves outlining the project's scope, setting timelines, and identifying potential risks. This helps ensure that everyone involved understands their roles and responsibilities. Effective project planning also includes creating a budget and determining the necessary tools and materials. By organizing these elements in advance, teams can work more efficiently and stay on track, ultimately leading to a higher chance of achieving the desired outcomes within the specified timeframe.