What is a Project?
A project is a sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget, and according to specification.
The concept of Project Planning:
Project Planning involves understanding the fundamentals of a project:
- What business situation is being addressed?
- What do you need to do?
- What will you do?
- How will you do it?
- How will you know you did it?
- How well did you do?
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Plan The Project
Identify work to be done and estimate time, cost and resource requirements and gain approval to do the project.
- Defining all of the work of the project
- Estimating how long it will take to complete this work
- Estimating the resources required to complete the work
- Estimating the total cost of the work
- Sequencing the work
- Building the initial project schedule
- Analyzing & adjusting the project schedule
- Writing a risk management plan
- Documenting the project plan
- Gaining senior management approval to launch the project
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