![]() ![]() ![]() Risk Management Plan: Foreseeing potential issues and having strategies in place to handle them.Communication Plan: How information will be disseminated to stakeholders.Quality and Performance Metrics: Standards that the project’s deliverables must meet.Stakeholder List: Anyone with a vested interest in the project.Resources: What’s needed to complete the project, including human resources, equipment, materials, etc.Budget: An estimation of the costs involved and how funds will be allocated.Schedule: A timeline that pairs tasks in the WBS with dates.Work Breakdown Structure (WBS): A hierarchical decomposition of the project into phases, deliverables, and work packages. ![]() Project Scope Statement: What the project entails, its deliverables, criteria, and boundaries.Risk Management: Identify potential risks, their impact, and outline strategies to address and mitigate those risks.Monitor and Control Execution: Once a project starts, the project plan is used to monitor progress and see if tasks are being completed on time.Document Communication Procedures: This dictates how team members and stakeholders will stay informed about the project’s progress.Predict Potential Bottlenecks: By laying everything out visually, potential problem areas can be foreseen and avoided.Set Realistic Deadlines: The plan will set milestones and end dates for various tasks.Determine Available Resources: Whether it’s human resources, physical equipment, or financial resources, a project plan will lay out what is available for the project.Define the Scope: Clearly describe what the project will achieve and what it will not.The main purposes of a project plan are to: It serves as a roadmap for a project, detailing the processes, steps, resources, and schedules required to meet the project’s objectives. What is a project plan?Ī project plan is a formal, approved document used to guide both project execution and project control. ![]()
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