Activity Planning Timing and scheduling, Planning Project and Product Costs

Activity Planning Timing and scheduling, Planning Project and Product Costs

Project Planning

Construction project planning is a method of determining “What” is going to be done, “How” things are going to be done, “Who” will be doing activities and “How much” activities will cost.

 In this sense planning does not cover scheduling, which addresses the “When”, but once planning is complete scheduling can be done

The project planning is commonly perceived as creating 'Gantt Chart' alone, which is incorrect. Gantt chart is merely visual representation of project schedule. In fact project plan is quite broader concept. A project plan expresses the objectives & requirements of the project in terms of

Project Scope

Project Schedule

Resource Requirement

project cost estimation

Project Quality and

 Project Risk Management

 A project planning enables project manager to translate project requirement into Work breakdown structure (WBS), tasks list, Gantt charts, resource assignment and risk register, etc. Once project charter is approved, the project is formally initiated. Project planning activity can begin based on the project charter document, project requirement document.