Activity 2: MSCP

*Another activity

What is a project management plan? Describe its importance.

(Scope, Cost, Quality, Risk, Communication, Resources, Time)

Describe each management plan and discuss its importance.

Describe how to construct the details on the each plan.

Provide an example details on each plan.

Project management plan

In this report, project management plan can be defined as a document which can be as a reference to provide the comprehensive baseline of what has to be reached by the project. In the project must have the who will be involved, how the project will be reported, how it is to be reached and how information will be communicated. By having this document as the reference for the project management plan, this can ensure the management of the project is carried out in consistently with the help of in line with procedures and policy.

Its importance

The importance of applying the project management plan in a project is it will help the members much faster to do their tasks; it is much more to keep in track of the progress of the project. It will make the project become faster in delivering on time, as well as the budget and scope.

*Each management plan with its importance

Scope

The part of project planning that involves determining and documenting a list of specific project goals, deliverables, features, functions, tasks, deadlines, and ultimately costs. In other words, it is what needs to be achieved and the work that must be done to deliver a project.

It is important to pin down the scope early in a project’s life cycle as it can greatly impact the schedule or cost (or both) of the project down the track.

Cost

Cost management is the process of estimating, allocating, and controlling the costs in a project. It allows a business to predict coming expenses in order to reduce the chances of it going over budget. Projected costs are calculated during the planning phase of a project and must be approved before work begins. As the project plan is executed, expenses are documented and tracked so things stay within the cost management plan. Once the project is completed, predicted costs vs. actual costs are compared, providing benchmarks for future cost management plans and project budgets.

Quality

The Quality Management Plan defines the acceptable level of quality, which is typically defined by the customer, and describes how the project will ensure this level of quality in its deliverables and work processes. Quality management activities ensure that:

• Products are built to meet agreed- upon standards and requirements
• Work processes are performed efficiently and as documented
• Non-conformances found are identified and appropriate corrective action is taken

Quality Management plans apply to project deliverables and project work processes. Quality control activities monitor and verify that project deliverables meet defined quality standards. Quality assurance activities monitor and verify that the processes used to manage and create the deliverables are followed and are effective.

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Risk

.¹ Project risk is an uncertain event or condition that, if it occurs, has an effect on at least one project objective.² Risk management focuses on identifying and assessing the risks to the project and managing those risks to minimize the impact on the project. There are no risk-free projects because there are an infinite number of events that can have a negative effect on the project. Risk management is not about eliminating risk but about identifying, assessing, and managing risk.

Communication

A project communication plan that will guide the messages to a project’s affected stakeholders is a critical part of any project. How well you communicate throughout the life cycle of your project can make the difference between success and failure.

Resources

This Project Resource Management Plan helps you to identify all of the resources required to complete your project successfully.

Using this Resource Plan, you will be able to identify the quantity of labor, equipment and materials needed to deliver your project.

You will then create a resource schedule, which enables you to plan the consumption of each type of resource, so that you know that you will have enough resources to complete the project.

Time

a component of overall project management in which a timeline is analyzed and developed for the completion of a project or deliverable. Project time management consists of six different components or steps.

* How to construct the details on the each plan.

* Provide an example details on