Companies run projects all the time and it is very common for an organization to work on more than one project at once. But, no project is started without a proper management plan which provides an overview of the project to the important related people i.e. CEOs, directors and stakeholders.
The process that includes the brief introduction, explanation, responsibilities, resource allocation, and possible timeframe for completing the project is commonly known as project management plan.
Here are the Steps to Create a Project Management Plan:
Explain the project: Even if there is only one owner of a company, he doesn’t make any decisions by himself but before starting any project, he discusses it with his mates and subordinates in order to assess if the project is good for the company or not. And when there are more than one owners of a company, it is not possible to start a project without first explaining it to all of the owners, directors and stakeholders. Also when a project is started, it is financed and without explaining the project to the investors, you can’t convince them to invest money in it.
Explaining the scope of project: This is an additional stage that occurs when the investor can’t decide anything about the project or they don’t find any reason to invest in it. Here the project manager explains the scope of the project from future perspective and makes them realize that this is a safe and good opportunity to invest money. After listening to this, investors can easily make up their mind about the approval or dismissal of the project.
Explain the roles and responsibilities: This is the step that takes place when investors agree to put money in the project. At this stage the project supervisor explain the project roles and responsibilities of each member so that they know what will be there role in the project execution and what the expectations of project supervisor are. On one hand, it helps the members to understand the process and strategies of the project and on the other hand, it helps them to make their performance more effective.
Make strategies to run the project and eliminate the risks: This stage includes the strategies for executing the project plan and to enlist the possible risks in the future. It is not possible to run a project without considering the risk factors and possible problems in the future that could harm or affect the execution of the project. This way the company or project management team prepares itself for future unusual situations or delays. Also this way it is very easy to find solutions of upcoming problems and this also eliminate the factor that there will be a delay in the project progress due to a sudden situation.
Executing the management plan for the project: This is the final stage of this management plan where all the things the strategies, the plans, the possible issues and their solutions are reviewed once again in order to find any loop holes and to eliminate it in time. After that, the project is started and project members try to achieve every milestone in time as it was assumed before.
Here is preview of a Free Printable Project Management Plan Template created using MS Word,
Here is download link for this Project Management Plan Template,
Related Word Templates
Business Development Plan Template A business development plan refers to the planning and strategies of making more profit for the business and enhancing its performance over time to time. It also includes increasing the business operations with other businesses and acquiring more clientele from local and international market.
Why it is important for a Business to have a Development Plan?
When a business starts, […]
Marketing Plan Template Marketing for a company can be defined in many ways but in simple and easy words, it’s the strategy or planning of advertising a company in the market. Companies and organizations can’t survive or operate without marketing these days. Yes there were times when there were no concepts of marketing or advertising and the companies used to work fine in that situation but now the markets […]
Health Plan Template Here are the most common types of health plans:
Health Maintenance Organizations (HMOs):
This is not the very suitable healthcare plan for the employees but as it benefits the employers the most, it is the most common healthcare plan these days. There are number of advantages and disadvantages of this particular health plan but the most important thing is that this plan is […]
Risk Management Plan Template Creating a risk management plan is something of high importance when undertaking a new project either at business level or even at government level. However, many people take it to be of less significance and think that that any issues arising could be dealt with later easily. Something which is true is that issues and problems can arise in any project at any time. If there is no risk […]
Yearly Production Plan Template Most of the time, huge or international manufacturing companies prepare production plans for the annually. This means they only prepare a production plan for the next entire year and the new plan will be implemented after 12 months or 48 weeks. This makes it really important for the company to have the exact production strategy and planning that they need in order to fulfill the […]
Flight Plan Template When an airplane takes off for its destination, the pilots have all the knowledge required to take it off in the air and land it safely on the ground but there are many things that they need to be provided in order to land it safely on the ground. Elements i.e. time to take off, the air path for the plane, required altitude for the plane, fuel capacity and consumption of the plane, […]
Lesson Plan Template Students learn a lot of different things in schools and colleges and every day they discover something new which is unique for them and it is important for the teachers to keep the students interested in the learning process so that they don’t get bored and lose interest. All this process in which the teacher plans his or her lessons and develops teaching techniques is known as lesson […]
Project Plan Template Time is always very important for project planning to ensure timely completion and submission of projects. When it comes to project planning, there is always a need of planning and scheduling for time so that proper time could be estimated for each and every activity that will be involved in project making. Deciding about how much time will be required for which activity is project […]
Quality Control Plan Template Quality plans are written to specify the standards by following which, companies complete their product manufacturing process. All businesses are running with the idea of providing best and quality services and products to end clients. When a company meets or exceeds the customer’s expectation it becomes the evaluation of company’s performance and ensures that timely completion of […]
Catering Plan Template Restaurants’ success is not limited to just providing quality foods to the people but if there isn’t any proper catering arrangement, it can ruin overall image of restaurant for other people. Seating structure and seating capacity are very important decisions to make restaurants profitable and running. Proper Catering Planning works for a restaurant a lot more what you might be […]