The project planning process.

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- The project planning process.
Project planning is determination of how to initiate, sustain and terminate a project. This responsibilities lies with project manager. Generally the time to complete any project is fixed . As a project is to be completed within predetermined time , resources and means , the project manager should formulate a plan for implementation to successfully complete the project within the time determined.
   The project planning process implies systematic ways of doing project tasks . It consists of the following steps:
a.       Understand project objectives: This is the first step in project planning. Objectives are result to be achieved . They are the end result of project planning .They should be clearly understand and defined.
b.      Identify key project stages:  Identify key project stages: This stage is the major sub division of project. Normally the key stages in a project are formulation, Planning , implementation and termination.
c.       Prepare work Breakdown structure:  It identifies various activities to be performed in each stage of the project. The work breakdown structure is used for breaking down the work into smaller elements. It is a detailed listing of steps required to complete a project
d.      Determine logical sequence of activities:  The logical sequence of activities are determined by the use of network analysis and other tools . The critical path for the project is determined
e.      Estimate time and resource requirements:  Accuracy in estimates of time , cost and other resources is important for project planning. Historical data , experience and experts can be helpful. Quantitative techniques and computer simulations can also help. The size of the activity and the efforts needed to complete it determines time and resource requirements
f.        Allocate Responsibilities for each activity: Each activity of project is assigned to either individual or department in the project. Responsibilities are carefully allocated for project activities .
g.       Finalize project plan: The project schedule is optimized for the sequences activities of all the stages of the sequences activities of all the stages of the project. The resources are allocated to each activity. The project plan is finalized.

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