Which of the following are important to understand during the planning phase? Select all that apply.1 pointCustomer feedbackBudgetsRisk managementSchedules

All of the options provided are important to understand during the planning phase of a project. Here's why:

1. Customer Feedback: Understanding customer feedback is crucial as it helps in improving the product or service. It can provide insights into what is working well about your project and what needs to be improved.

2. Budgets: Budgets are an essential part of planning. They provide a financial blueprint for the project. Understanding the budget helps to allocate resources efficiently and effectively.

3. Risk Management: This involves identifying, assessing, and controlling threats to the project. This could be in the form of uncertainties in financial markets, project failures, legal liabilities, accidents, and natural disasters.

4. Schedules: A schedule is a timeline that displays when tasks need to be done and who is responsible for them. Understanding the schedule is important for ensuring that the project stays on track.

So, all of the above - Customer feedback, Budgets, Risk management, and Schedules - are important to understand during the planning phase.