Guide to Project Management Plan Development
The topic of 'Project Management Plan Development' is a significant part of the Project Integration Management domain in the CAPM examination. It helps establish the groundwork for the whole project and steers it effectively towards its objectives.
Importance: This process is crucial as it integrates and aggregates all individual subsidiary management plans and development strategies into a coherent, consolidated document that guides the entire project's execution, control, and closure.
Concept: Project Management Plan Development is the process of documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans into a project management plan. The project's approved changes are managed and controlled via this comprehensive document.
Procedure: It works through the integration of all individual area plans like scope, schedule, cost, quality, resource, communications, risk, procurement, stakeholder management and aligning them to work according to the overall project expectations and objectives. It has an iterative nature due to the progressive elaboration of the project.
Answering Exam Questions: While answering questions related to this topic, remember that the Project Management Plan guides the whole project lifecyle, meaning all decisions and changes are managed and controlled by it. It not only contains the plans but also the baselines of scope, schedule, and cost.
Exam Tips:
1. Recognize the importance and functionality of the Project Management Plan in managing the project.
2. Understand that it's an iterative process.
3. Be thorough with the components and subsidiary plans of the Project Management Plan.
4. Realize that it is always tailored according to the unique characteristics of the project.
5. Remember, the Project Management Plan is finalized and officially approved in the 'Develop Project Management Plan' process.