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 controlling what is and what not included in the project.

There are three process of Scope management plan:

  • Planning
  • Controlling
  • Closing
Importance: Scope management helps avoid the challenges that a project might face with bloating scope and an unruly requirements list.

Example:


Cost: Estimating, allocating and controlling the cost / budget.

To manage a project cost effectively, there are three steps:

  • Estimating
  • Budget
  • Control 

Importance: It will help you determine if any corrective action is needed and enable you to forecast the project's total costs at completion. If the project is too far out of line from the cost performance baseline, you may need to change your plan.

Example:


Quality: is all of the processes and activities needed to determine and achieve project quality.

Importance: is to describe how quality will managed throughout the life cycle of the project.

Example:


CommunicationThis Communications Management Plan sets the communications framework for this project. It will serve as a guide for communications throughout the life of the project and will be updated as communication needs change.

Importance: To communicate with each other about the project as well as to know what project are done and what are not.

Example:

Resources: a necessary asset whose main role is to help carry out a certain task of the project.

Importance: is because it helps the project managers to assign resources during a project

Example:


TimeTime management is the management of the time spent, and progress made, on project tasks and activities.

Importance: A project, by definition, has an official end date. In order to meet this date, every project needs a schedule.

Example:


Risk: for a project is a formal document that describes how to deal with specific risks and what risk managing actions can be taken in order to mitigate or remove threats to the project activities and outcomes

Important: To know what are the potential risks or problems that will occurs within the project and how to remove the specific risks.

Example:


Reference:

Simplilearn.com. (2012). Project Scope Management: What It is and Why It’s Important. [online] Available at: https://www.simplilearn.com/project-scope-management-importance-rar89-article [Accessed 1 May 2019].


Techniques, P. and Management, C. (2019). Project Cost Management. [online] Project-management-skills.com. Available at: https://www.project-management-skills.com/project-cost-management.html [Accessed 1 May 2019].


Techniques, P. and Management, Q. (2019). Project Quality Management. [online] Project-management-skills.com. Available at: https://www.project-management-skills.com/project-quality-management.html [Accessed 1 May 2019].



Project Management Docs. (2019). Communications Management Plan - Project Management Docs. [online] Available at: https://www.projectmanagementdocs.com/template/project-planning/communications-management-plan/#axzz5n7tfRrSt [Accessed 6 May 2019].


Mymanagementguide.com. (2019). 2. Risk management plan for a project: Definition, Purpose, Software, Content and Approaches. [online] Available at: https://mymanagementguide.com/guidelines/project-management/risk-management/risk-management-plan-for-a-project-definition-purpose-software-content-and-approaches/ [Accessed 6 May 2019].

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