Provides inputs to make proper estimations.Demonstrates the process and activities required for the project’s outputs and deliverables.Having a well-created project plan template provides many benefits to the project teams. If you don’t have a properly made plan, you can not make performance measurements to understand how your project performing. Typically all the clients want to know what they are getting, when, and how much they will pay for the project.Īs a project manager, it is your responsibility to ensure that your project is on track and budget. Without having a project plan, it is not easy to answer such questions. What is the budgeted cost of the project?.What is the completion date of the project?.Stakeholders often ask these questions regarding the project deliverables Typically, a project plan includes but not limited to the following It is a comprehensive document that also includes the project schedule. As per the definition, we can understand that a project plan does not exactly mean the project schedule. Because they need to understand what their current status is and what their future status will be.Ī project plan is an extensive document that includes project schedule, budget, cost baseline, communication plan to guide both project execution and control.
In a similar manner, organizations, and companies prepare plans steps to list the actions to take to get from A to B. Anybody makes a plan and lists the critical steps before starting something. Many people create plans for the future, business, education, and even for their health. Basically, a plan is a roadmap that is created to achieve a specific goal. What is a Project Plan?īefore answering this question, let’s discuss what a plan is. Keep on reading to learn the basics of project planning and the key steps to create a project plan with the help of an infographic. In this article, we will provide a template example and explain what exactly a project plan is in project management. Although writing a project plan seems a bit difficult, it worths all the efforts considering its benefits. Typically a project plan includes project charter, statement of work, schedule baseline, Work Breakdown Structure, and other related important documents to answer who, what, where, and when of the project. The aim of this plan is to list out the goals, define the roles, explain the key stakeholders and provide schedule and cost baselines to define the process of how your team will manage the project. Project Plan Template & Example and Creation StepsĪ project plan includes a number of documents that guide the execution and controlling phases of a project.
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