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Operational Planning refers to the strategic process of defining an organization's goals and objectives, and outlining the resources and actions required to achieve them within a specified time frame. It involves creating detailed plans that align with overall business strategy, financial management, and asset management practices. The goal is to optimize operational efficiency, minimize risks, and ensure effective use of resources. Operational planning typically includes setting performance targets, establishing policies and procedures, allocating budgets, scheduling activities, and assigning responsibilities. It provides a roadmap for day-to-day operations and helps organizations achieve their long-term goals.