It depends on what your aims are.
A five year plan is a medium term plan or strategy a country or a company might make out.
It sets out your goals and how you intend to achieve them.
Stalin's plans were called the Five Year Plans.
Joseph Stalin started the Five Year Plans.
failures of five year planning in india
Joseph Stalin started five year plans to modernize Russia.
Stalin
The Five-year plans originated in Soviet Russia in late 1920s and were later embraced by China, India and other countries.
Joseph Stalin reversed Lenin's New Economic Policy and instituted the Five Year Plans.Joseph Stalin began the Five-Year Plans.
Five-Year-Plan
economic development
M.Visweswarayya
The five-year plans of the 1930s are primarily associated with communism, particularly in the context of the Soviet Union under Joseph Stalin. These plans aimed to rapidly industrialize the economy and increase agricultural production through state control and centralized planning. In contrast, capitalism emphasizes private ownership and market-driven economies, which are fundamentally different from the goals and methods of the five-year plans. Thus, the five-year plans are a hallmark of communist economic strategy.
the first five year plan of india started in the year 1951 go to wikipedia to find more. india has 11 five year plans.