You are on page 1of 8
‘osc ors dnaa Piet engraet USAsiaAlicolnia helpedursinecom=1 37 67 0001 © 1 714 797 sloeRequest «Callin Scat i er : T=DU 8%, PRISTINE ‘oft Academy ‘647 9001 , +1 714.797 8196 Fnavigsion topes ares, » How to develop a Project Management Plan? ‘Seach w to develop a Project Management Plan? y 13,2015 1 plan, Hs ce management plan, Procurement manager Project Raseines, Ps management plan, Risk management plan, Schedule mana — 1 Plan, Quality managerneat ‘op wmeaarisoncntloo-nly-st nape bihan sorcenhtan nessun erent canpsiroy = ? 3 436 . Planning... Planning & Execution source: comindware ect management plan is formal approved document hat has all the details ofthe project. Its live documest which means that tis not just writen once sie i the repository bu constantly updated, reviewed and referred to. Ils very detailed and is the “go-o” document for any information about the |The project management plan isnot just the planned schedule like some people wrongly think. The schedule is just one component ofthe document, ‘ject management plan consists of the following components - a ruject Baselines = The planned cost and schedule ofthe project i detailed out and baselined, ists the milestones and dates forthe milestones. Acceptable cost and schedule variances are mentioned. Scope management plan ‘op wmeaarisoncntloo-nly-st nape bihan sorcenhtan nessun erent canpsiroy » ~The scope ofthe project is defined and reference to te seope document is given. The plan addresses -- Scope of the project - People responsible for seope ‘Scope Change Process = Scope measurement and verification process and variables to consider. Requirements management plan [ = The proces of gathering, dacuentng and analysing requirement mentioned. The ols o be used ke requirements treaty mtr ike will be iste Schedule management plan 4 nigh level schedule is shown in the project plan with reference to the detailed plan inthe project management rol (c.g. MS Project) where its made. This 436 Ip all interested partes to know the start and end of ll stages of the project and the delivery dates, t management plan ost and the process fr eat management is mentioned here. The cost is typically shown as human resources cost, Hardwate & Software costs, Ing fees, losting services, Travel Expenses and Miscellaneous Expenses (Project Party, Client Visits) ee. It ets the standards for measuring, reporting rolling costs. The accepiable variances are defined, For bg or complex projects, a separate cost management plan is made and is referenced bere. pr lity management plan is Projcet quality management 1uality management rope states the quality objectives ofthe project. The quality process tobe followed is mentioned along with key quality deliverables. rnditions for client acceptance of project delivery ae listed. Quality measures wil be sted here. Fo example, the project is ready for delivery i the ‘of defects are less tha 10 and all of them have low priority. Schedules for inspections, audits, formal testing reset up. Te defect tracking system and 5 to use ito ensure defects ar raised, fixed, tested an closed i set up. suman resource management plan "What x Human Resource Management? ~ This section will describe how resources wil be acquired, developed and managed. The details of team member, thir designations and roles inthe projet fare mentioned, Information on trainings undertake, skill gaps and measures to close the gaps. Other information like long leave, resignation et. are alka inthe plan, The pla should have details on team building events, rewards and recognition. apenas muna sorsnbetnAn.maduneH can also have the RACI matrix gives a view on which oles and participation of the rle in completing askessignment. For example, the Team Lead of a sodule is accountable fr the delivery ofthe module but the module team members are responsible for he tasks to complete the module. Communications management plan The project plan states the reporting structure ofthe project in terms of who reports to whos, what ist be reported and the frequency of reporting, I mentions te escalation hierarchy incase of issuessks It gives reference to the templates for various communication reports like weekly status report, design review, ‘management report ete, Risk management plan ‘Sars sroject plan must contain the risks of the project as seen by the stakeholders. This should be updated regularly during the project lifecycle. New risks. te added, Old risks canbe deercd ae not applicable. Each rik should be given a severity and probability alin. The step omg the ike must be lifer is too mach information, a reference to ther management plan shuld be given, surement management plan nes the stops and responsibilities for procurement process. I lists conditions to decide the make-buy process and vendor selstion enteria and process, 1 projects where procurement self is a big proces, it can bea separate document with reference in the projest management plan, seholder management plan is Project Stakeholder Management? rent people within the project team meet external persons who have a role to play inthe project. For example, business analysts meet up with lint ‘natives and the procurement team meets the vendors, Protocols to communication and manage various aspects ofthe project withthe external people are ‘in the projet management plan, ‘The project management plan isnot easy to create, It shes time end thinking throng all aspects to develop a reasonable plan, Due to time constraints, project ranagers Sometimes use an earlier projet’ plan and change some of the major points and ive into execution. But this is typical case ofthe phrase - "Failing to plans planning to fail” and can pt the project into considerable risk. Related links you will ike: Project stakeholder management Project Litevele arenas mapa sorte. madoneu « ‘ase ows coins Pret Menge Project human resource management Related og Posts + Dizsst and Indivect Tae + CPA Course details application face and benefits of doing it ‘+ Hanking courses you ean eam afer b com comments 436 ‘op wmeaarisoncntloo-nly-st nape bihan sorcenhtan nessun erent canpsiroy ‘ase ows coins Pret Menge 3.comments 3 ‘Add a comment as sachin shingote $28, opcomments opel recommend al manegers 5 ‘Stvastavachtragupt 1 yesr52 - Susecpuely : a) ey 3 ce ee How to develop a Project Management Pla? Htp/owy/JFIB 4prjactmanagemant slanning (A): ey ‘resting a project plane the st thing you shoud do when undertaking any Kind of project to avoid ike. Get 5 Unda Brady a Google tyea50 = Sar psley ‘best insights ino te component in erating a effective plan Pept Wi Sak Ca): rey ‘op wmeaarisoncntloo-nly-st nape bihan sorcenhtan nessun erent canpsiroy About the Author A Vidya Kuma Vidiya Kumar isa management graduate with 14 yeus of experience inthe IT industry managing complex Software Projects across various industry verticals ‘She has around 6 years experience in content development. She has co-authored two eooks and writes regularly on personal finance IT, travel and other business topics ‘show |Sitemap | Bas Association of Risk Professionals Ine. (GARP®) doesnot endorse, promot, review or warrant the accuracy ofthe products or services offered by istine for FRM related information, nor does it endorse any pass rates claimed by the provider. Furher, GARP® isnot responsible for any fecs or costs {the user to EduPristine nor ie GARP® responsible for any fees or costs of any person orenity providing any services to EduPristine Study Program. GARDP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Ine astute doesnot endorse, promote, or warrant the accuracy or quality ofthe products or services offered by EduPristne. CFA Institute, CFA®, Claritas® sartered Financial Analyst® are trademarks owned by CFA Insitute, «care has heen taken to ensure that there is no copyright violation or infingement in sny of our content. iil in ese you feel that there is any copyright to of any kind please send a mal to abuse@cdupsissine com and we wil ret it ur Blogs: Whatsapp Revenue Mode! | CEA vs CPA |CMA vs CPA | ACCA vs CPA | CEA vs ERM 2015 © Edupristine. ALL Rights Reserved, fo) apenas muna sorsnbetnAn.maduneH m= asce ows coins Pret Menge BD ccoste+ rail ] ne ] ‘op wmeaarisoncntloo-nly-st nape bihan sorcenhtan nessun erent canpsiroy

You might also like