What is a project plan and what does it involve, Project Management

Assignment Help:

Q. What is a project plan and what does it involve?

A well incorporated project plan is the primary tool for effective coordination of the work and for tracking and steering progress by appropriate initiatives. It's the key document as a foundation of reference. It's like a project bible and is occasionally called the project brief. A project brief may as well be required to obtain other approvals such as client commitment to the details and funding to proceed into subsequent phases of the project-life-cycle.

A good project short will set out the goals objectives and scope of the project its deliverables how these are to be achieved technical content and quality technical standards and any supplementary approvals that may be required (regulatory) design outlines (sketches and block diagrams) the component parts (breakdown structure) who will be responsible for what (team responsibilities) sequence and timing (logic network and schedule) required budget (supporting cost estimate) resources required for implementation (human and material) other resources (existing assets, space, external interfacing) financial considerations (economics and cash flow projections) justification (the impacts and alternatives) and areas of uncertainty (risk) contingency and control plans.

Objectives and Goals by the way are sometimes used interchangeably but really a goal is an overview statement while an objective is one of the components or stepping stones of which the goal is comprised.


Related Discussions:- What is a project plan and what does it involve

Tool of total quality improvement, Question: As the Managing Director o...

Question: As the Managing Director of your organization, you have been analyzing other institutions that you regard as competitors. Extrapolating your current position up to t

Reporting style, The Integrated Management Project is not intended to be an...

The Integrated Management Project is not intended to be an academic research report and the markers will not normally expect inclusion of a literature review or hypothesis testing.

Show idea screening in process of development, Q. Show Idea Screening in Pr...

Q. Show Idea Screening in Process of development? Idea screening involves the acceptance of formulation of the idea by doing cause and effect analysis. This stage usually ident

Supplier quality, Scope of Activities for Supplier Quality In the curre...

Scope of Activities for Supplier Quality In the current day's scenario, certain organisations outsource the movement of  raw materials sources and distribution channels in orde

Disadvantages of product layout - inflexibility, Disadvantages of Product L...

Disadvantages of Product Layout - Inflexibility Inflexibility is a drawback of this type of layout. The equipment laid out is designed to perform specific operations. No machi

Shareholder value - measure for project management value, S hareholder val...

S hareholder value Project management initiative brings a renewed interest among the shareholders. The major investors show more interest by becoming active in the organisati

Explain the role of the project owner and project sponsor, X Company, a pri...

X Company, a private security firm, has signed a contract to fund the design, construction and running of a local police station. This arrangement is a public private partnership a

Skills helpful in project and programm support office, What skills are help...

What skills are helpful when working in Project and Programme support office? The skills which are most helpful probably include in Project and Programme support office: a.

Methods used to performance appraisal of workers, What are the methods used...

What are the methods used to performance appraisal of workers? The methods used within performance appraisal of workers are ranking method, Paired Comparison Technique, Forced

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd