PROJECT PLAN PROJECT CHARTER

Provide detailed instructions on how to A short document that lists the scope,
execute, manage and control the project. objectives, deliverables and stakeholders of
a project with the responsibilities of each
member of the team

It deals with the value proposition addressed The document helps the project manager to
by the project, the responsibilities of people communicate his authority.
involved in the project, the organizational
structure, the nature of work and effort
required to meet the deliverables

Project planning is a discipline for stating
how to complete a project within a certain
timeframe, usually with defined stages, and
with designated resources
The document also helps in explaining to
project participants and stakeholders why
the project is needed, who it involves, how
long the project will take to complete, how
much it will cost, what resources are needed
and how successful completion of the
project will help the organization

Project performance must be communicated It describes what the project is and how
to all of the stakeholders they will approach it and it lists the names
of all stakeholders

Finds more use to ensure on-time and on- Shows explicit commitment to the project
budget delivery of projects

Components of project plan: Components of project charter:

1. Core process 1. Project background
i. Planning and defining the 2. Project goal and objective
scope 3. Scope
ii. Developing the schedule 4. Governance
iii. Resource planning 5. Key dates or milestones
2. Facilitating process 6. Project budget or cost
i. Quality planning 7. Assumption , constraints, risks and
ii. Organizational planning dependencies
iii. Setting a communication plan 8. Project manager authority levels
iv. Risk management planning 9. Communication
v. Procurement planning
vi. Solicitation planning