Project management planning phase

Project Management Planning and the Planning Phase

Here is our semester project on Project Management. We discuss, in general, the various aspects of the Planning Phase.
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Project Management Planning Phase is the one of stages in the project management life cycles.

The Planning Phase is where the project solution is further developed in as much detail as possible and the steps necessary to meet the project’s objective are planned. In this step, the team identifies all of the work to be done. The project’s tasks and resource requirements are identified, along with the strategy for producing them. This is also referred to as “scope management.” A project plan is created outlining the activities, tasks, dependencies, and timeframes. The project manager coordinates the preparation of a project budget by providing cost estimates for the labour, equipment, and materials costs. The budget is used to monitor and control cost expenditures during project implementation.