Project Management Plan
What is Project Management Plan? Describe its importance. A Project Management Plan is actually a formal document that helps outline all the components of a project to – from stakeholders and scope all the way to risk management and contingency plans. Far more than just a schedule, these extensive and comprehensive reports give decision makers all the information they need to decide on whether this project is worth pursuing. Importance: The purpose of a project management plan (PMP) is to determine the project outcome, how a successful outcome will be achieved, who will be involved in the project, and how the project will be measured and communicated. Like any blueprint, you have to know what you are trying to do; so having a goal is important. Secondly, you have to know how you are going to achieve those goals by knowing which people in the process play which roles. Describe each management plan and discuss its importance. Scope : is primarily concerned with defining and ...