Project Planning

In the context of the Planning function, it is important to follow a logical sequence of steps to ensure effective decision-making and goal achievement. The correct sequence is as follows:

1. Setting objectives (A): This is the first step where the goals are defined. It provides a clear vision of what needs to be accomplished and sets the direction for subsequent steps.
2. Developing premises (C): In this step, the assumptions and conditions surrounding the plan are established. This includes considering factors like market trends, available resources, and potential obstacles.
3. Identifying alternative courses of action (B): Here, various potential strategies or plans that can be taken to meet the objectives are identified. This diversifies options and prepares the organization for flexibility in execution.
4. Evaluating alternative courses of action (D): The final step involves assessing the identified alternatives to determine their feasibility, benefits, and risks, enabling informed decision-making to select the best course of action.

Therefore, the correct sequence is (A), (C), (B), (D).