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BENEFITS OF DOCUMENT
Relevant documents of Planning stage under one umbrella
Structured and easy to document templates
Consolidated and streamlined
DOCUMENT DESCRIPTION
Fin-wiser Advisory's PM templates address the needs of each phase of your project, across each project management discipline. These economical tools have been developed, tested and proven in the program management of projects ranging from small to large value. These templates are now made available to promote excellent project management practices across the industry.
Your time is very precious to spend hours surfing the Internet or building your own project management documents from scratch. With the power of our PM templates, you'll get professional, high-quality results at a fraction of the time and very reasonable cost.
PHASE 2: PLANNING
During this phase, the scope of the project is defined and a project management plan is developed. It involves identifying the cost, quality, available resources, and a realistic timetable. The project plans also includes establishing baselines or performance measures. These are generated using the scope, schedule and cost of a project. A baseline is essential to determine if a project is on track.
At this time, roles and responsibilities are clearly defined, so everyone involved knows what they are accountable for. Here are some of the documents a PM will create during this phase to ensure the project will stay on track:
? Scope Statement ? A document that clearly defines the business need, benefits of the project, objectives, deliverable, and key milestones. A scope statement may change during the project, but it shouldn't be done without the approval of the project manager and the sponsor.
? Work Breakdown Schedule (WBS) ?This is a visual representation that breaks down the scope of the project into manageable sections for the team.
? Milestones ? Identify high-level goals that need to be met throughout the project and include them in the Gantt chart.
? Gantt Chart ? A visual timeline that you can use to plan out tasks and visualize your project timeline.
? Communication Plan ? This is of particular importance if your project involves outside stakeholders. Develop the proper messaging around the project and create a schedule of when to communicate with team members based on deliverable and milestones.
? Risk Management Plan ? Identify all foreseeable risks. Common risks include unrealistic time and cost estimates, customer review cycle, budget cuts, changing requirements, and lack of committed resources.
Following is the list of Phase 2 - Planning Documents as part of this Bundle -
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Source: Project Management | Phase 2 || Planning Word document
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