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Assignment On Project Management


Spring 2010 (Jan-June)

2. Planning

Planning is an art and science of converting a set of objectives to realization through aseries of steps executed in an

organized and predicted

way so that there will be lessrequirement of changes in the scheme on a later day. Planning is a dynamic activity andit may change from time to time but planning is essential before the implementation or execution phase of the project starts.The ultimate aim of the plan is to avoid course and mid course changes as too manychanges can lead to time and cost over runs and eventually affect the project success.Role of a Project Manager and his team is of paramount importance at this stage. A

Project Management Plan

is the outcome of this stage of project life cycle. The projectmanagement plan encompass the following aspects in details.


of the project ( Mitigating a threat or utilizing an opportunity)


is the objective of the project


will execute what


will various activities be executed


will the project be set up.


the project activities will be carried out

How much

of various items will be executive.Plan and control are two significant stages in the project. The plan forms the basis for control of project activities. In essence, without plan there will not anything to control.Therefore, planning forms a major stepping stone towards project implementation and itssuccess.

3. Organize :

This stage follows the planning stage. Organizing stage deals with laying foundation for implementation stage. In organization stage various statutory approvals, financialcommitment from sponsor, concurrence from other stake holders of the projects etc areobtained.Responsibility matrix, in line with the work breakdown structure delivered from projectmanagement plan, is put in place. The implementation team and control teams aredrawn and due responsibilities are assigned.

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