Project planning is an essential task for a project manager. Breaking the project into steps help project managers plan their activities in order to achieve the final objectives of any project.
Identifying the objectives that the project is aiming to achieve within the desired time frame depends on the size of the project.
This step might take between couple of day to weeks or even months to finish. The following project essentials should be defined as early as possible:
* Objectives of the project * Scope of the project * Outputs * Resources * Stakeholders * Accountabilities * Milestones * Budgets * Timescales
This step which is usually called: setting the “terms of reference” is discussed and negotiated with the sponsor(s) of the project (the person(s) who assigned the project responsibility to the project manager) first and with the stake holders second.
The initial project phase usually sets the theme for any project. the harmony between the sponsors if they are many or the stakeholders is envisaged at this early stage.
Some projects are canned (stopped) during this stage if they prove to be a failure in the long term or cannot justify themselves.
Once the terms of reference are set, the project team building task starts.