The budget details the financial part of the project. It also includes the allocation of resources, personnel equipment, and necessary training. This helps teams understand when they need to deliver the project and how to divide the project into small, executable milestones that fit into the total timeline. Scope typically includes objectives, goals, expected deliveries, and project limitations. Scope helps the teams understand what they need to achieve and gives direction to the product. This is the very first element of a project plan that the team decides on. It’s important to have SMART goals so they’re as specific and unambiguous as possible. This is pretty self-explanatory, it’s what the project is going to hopefully achieve by the end. Next, let’s review the key elements of project planning: This, in turn, helps the teams collaborate effectively and finish the project within the timeframe. Increases collaborationĪ strong project plan helps everyone understand their responsibilities. Project planning helps identify potential blockers or risks, thereby enabling the project manager and teams to create a risk mitigation strategy. This is an extremely important part of a project plan. The latter includes salaries of employees, hardware costs, training, etc. Initial project planning helps to understand how much estimated time the team will take and how much money the project requires. Here are a few reasons why project planning is important: Clarifies goals and objectives at the beginningĪs they say “without a goal, you can’t score.”Įvery project needs a goal or outcome for the team to understand what they are supposed to do. When it comes to complex projects, it’s essential to have a strong project plan in place. There were three engineering teams involved each with 7–8 team members. The estimated timeline for completing the project was one year - this is fairly high in the software development world. The project that I was given to lead at Zalando was a highly complex one. However, to do that, we first need to understand why project planning is important. Since we are focusing on project planning, we’ll deep-dive into its different elements.
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