Wednesday, August 8, 2012

Project Management Process: Planning a Project


Planning of a project involves core processes and facilitating processes to work in parallel. They together form an integrated project plan. A work break down structure (WBS) is made in this stage. Major part of a project manager’s job is done if the project is planned well.

Core Processes:

The core processes involved in planning include the following:

Scope

Scope planning and scope definition.

Time

Activity definition, activity sequences, activity duration estimating and schedule development.

Cost

Resource planning, cost estimating and cost budgeting.

Risk

Risk management planning.

Integration

Development of project plan.


Facilitating Processes:

The facilitating process which run in parallel to the core processes are given as under:

Quality

Quality planning.

Communication

Communication planning.

Human Resources

Organization planning and staff acquisition.

Procurement

Procurement planning and solicitation planning.

Risk

Risk identification, qualitative risk analysis, quantitative risk analysis and risk response planning.

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