![]() ![]() The executive summary goes at the beginning of your project plan and should summarize the key points of the project plan. ![]() Should you start with an executive summary? However, we recommend you use the following six questions as a springboard for creating one. There are no hard-and-fast rules for a project plan. This leaves no room for confusion and delay in the workflow and progress of your projects. A project plan can help to curtail wily overspending and late turnaround by identifying these issues early. If you look at the numbers related to project management, it’s easy to understand where a project management plan could have a positive impact- 50% of projects aren’t completed on time, and 45% of projects are over budget. A project plan also makes it easy to pinpoint when problems arose, so you can be better prepared for future projects. Much of this can be avoided by accounting for unexpected holdups or changes in circumstances within your project plan. This is where the team ends up doing more work than originally planned. Over half of all projects experience something called scope creep. In short, your project plan serves as a central hub to define, organize, prioritize, and assign activities and resources throughout your project’s life cycle. ![]() Resources need to complete the project, like project management tools, cash, freelancers, and more.Work breakdown structure-especially if you have multiple team members working on different or simultaneous tasks (in that case, you may also need a Project Planner).Timelines and Gantt charts for key milestones.In addition to setting the purpose of your project, it should include other materials and deliverables relevant to the project, such as: Your project plan is a formal document that outlines an entire project’s goals and objectives, specific tasks, and what success looks like. ![]()
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