Resource Allocation: Ensures optimal use of resources by evaluating whether they are sufficient and appropriately allocated for the proposed initiative. Risk Management: Identifies potential obstacles and challenges early on, allowing leaders to develop mitigation strategies. Stakeholder Confidence: Builds trust among stakeholders, including investors, employees, and partners, by demonstrating a clear and achievable plan. Operational Efficiency: Enhances operational efficiency through well-planned and feasible initiatives, reducing wastage and increasing productivity.