Project Planning Services
Project planning is a discipline for stating how to complete a project within a certain timeframe, usually with defined stages, and with designated resources. One view of project planning divides the activity into: Setting objectives (these should be measurable) Identifying deliverables.
A project plan, according to the Project Management Body of Knowledge, is: "...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summarized or detailed.". The latest edition of the PMBOK (v5) use rather the term Project Charter to refer to the contract or document that the project sponsor and project manager use to agree on the initial vision of the project (scope, baseline, resources, objectives...) at a high level. The project management plan is the document that the project manager builds to describe in more details the planning of the project and its organization. In the PMI methodology described in the PMBOK v5, the project charter and the project management plan are the two most important documents for describing a project during the initiation and planning phases Description of PMBOK v5 project documents. We maintain that the Project Managemen Plan (PMP) may aggregate a number of plans that are typically used to govern the project as follows:
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Scope Of Work (SOW) aka Statement Of Work
A statement of work (SOW) is a formal document that captures and defines the work activities, deliverables, and timeline oner must execute in performance of specified work for a project. . The SOW usually includes detailed requirements and pricing, with standard regulatory and governance terms and conditions. It thus overlaps in concept with a contract, and indeed SOWs are often legally equivalent to contracts.
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The work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.
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Project Quality Plan (PQP)
A PQP is plan that outlines the set of procedures used by project to ensure that a product will meet its quality goals at the best value to the customer and to continually improve the team's ability to produce project elements, during the project's life cycle, inline with agreed standards and / or ALL contract requirements such as supportability, performance and usability. It also refers to the ability for deliverables to perform well in unforeseeable scenarios and to keep a relatively low defect rate. It encompasses processes and standards for ongoing maintenance of high quality of deliverables e.g. documentation and processes - avoiding defects.
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Project Financial Plan (PFP)
A project financial plan is a comprehensive evaluation of the project's current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawals plans. This often includes a budget which organizes the project's finances and sometimes includes a series of steps or specific goals for spending and saving in the future . This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. Some PFPs out line the income / savings brought about by the project's outcome (when implemented) using Nett Present Value (NPV).
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Project Resources Plan (PRP)
A resource plan addresses how the project will be resourced and what supporting services, infrastructure and third party services will be required. Resource plans enable organizations to maximize resource utilization, balance supply and demand and plan resources over the entire project lifecycle. Organisations may also use resource plans to identify resources, which could include human, capital, time, or technological are needed to achieve the project's goals;.