What Are the Components of a Sound Project Plan? Why

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The Answer is Projects have three interrelated objectives: meeting the budget, finishing on schedule and meeting the performance specifications set by the client. Project plans provide the information about:
-Mission and deliverables
-Specific goals and objectives supporting the mission and its deliverables
-Tasks required to meet the goals and objectives
-Technicalities of who, what, where, when, why and how
-Schedules, the time needed to support each aspect of the plan
-Resources, what is needed to support each aspect of the plan
-Cost analysis
-Value analysis
-Personnel, who is needed to support each aspect of the plan
-Personnel, responsibilities and assignments
-Evaluation measures for keeping the project on track
-Risk analysis, what could go wrong and how will it be dealt with?
-Project change management process
A good project plan enables an organization to accomplish all three. Though a project plan may be modified several times during a project, effective project plans remain key to organizational success because no project always goes according to plan, but well planned projects are less likely to go astray.

What Are the Components of a Sound Project Plan? Why

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What Are the Components of a Sound Project Plan? Why

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Correct Answer:
Verified