Project planning: While the project plan not only varies from project to project but also organization to organization. there are some commonalities that must be there in all projects and organizations such as Overview; Objectives; General Approach; Contractual approach; Schedules; Resources; Personnel; Evaluation Methods and Potential Problem. Once the basic plan is finalized after developing completely and approved it is produced in a charter form and distributed to all the parties having interest in the project.
Before we go into the merits of different approaches we will view the following stages though which every project goes through. A) Project Formation: 1) Priorities 2) Procedures and 3) Schedules; B) Buildup Phase: 1) Priorities 2) Schedules and Procedures; C) Main Program: 1) Schedules 2) Technical and 3) Labor;