Week 3 Discussion

Page 1 of 1 MGT3035 Fundamentals of Project Management

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Elements of a Project Plan A good project plan comprises several elements.

Project management methods to be used: Project management methods are any system of practices, techniques, procedures, and rules followed by those who work in a discipline. For example, A Guide to the Project Management Body of Knowledge (PMBOK® Guide).

Tools and techniques to be employed: These tools and techniques comprise something tangible, such as templates, used in performing an activity to produce a product or a result. For example, WBS.

How work will be executed: This refers to policy level statements, such as adherence to internal and government or industry standards of practice that guide project managers and team members. For example, reference to quality standards of workmanship.

How changes will be evaluated and implemented: This refers to methods for controlling the scope of the project. For example, the configuration control board (CCB).

How performance will be monitored and controlled: This refers to ensuring methods for project goals are met continuously throughout the life cycle of the project. For example, the critical path method (CPM).

How the project will be evaluated in periodic management reviews: This comprises the measures and metrics that quantify how well a project is performing according to a standard. For example, earned value management (EVM) and metrics.