PM 571 week 4 learning team

Real-Life Project Management Plan Phase Two

Collaborate with your Learning Team to finalize development of the Real-Life Project Management Plan.

Develop a project schedule.

Determine the project budget.

Develop a risk management plan identifying five specific risks, and explain how the team would mitigate each risk.

Create a change control plan that includes the following elements:

• Describe how changes to the project scope, timeline, and budget will be requested, reviewed, approved, reported, and communicated.
• Discuss how changes to the project schedule and project budget will be managed.

Prepare a 7- to 10-slide Microsoft^® PowerPoint^® presentation illustrating the phase two project deliverables:

• Explain the steps taken by the team throughout phase two of the project plan.
• Discuss how the team planned the project schedule.
• Describe the method(s) used to develop the project budget.
• Elaborate on how the method was chosen.
• Explain the potential risks and how the team plans to manage those risks.
• Discuss how the team developed the change control plan.
• Explain how the various changes will be handled.
• Explain where the project stands according to the project life cycle.

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