yah, plan is an overloaded word, like most words. here it seems to boil down to the old adage of "good, fast, cheap. choose two."[0] if you set scope and budget (the "plan" version), then you have to be flexible on deadline. if you set deadline and budget (the "workflow" version), you have to be flexible on scope. for the empire state building, they designed the building (controlled scope) to fit the budget and deadline.
whether it's waterfall or agile shouldn't really matter. in agile, there is planning, but often it's workflow based (tracking flow via story points, or what not).
[0]: https://wikipedia.org/wiki/Project_management_triangle