Data Management

Why Project Plans Are A Must Have

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Executive Summary

Many project sponsors and executives want to get started immediately on a project and not take the time to establish the foundation for success. This paper will focus on the value of the Project Plan, the best time to begin its development, a practical explanation of the elements included, as well as how to learn from it after a project is completed. A Project Plan creates a solid foundation for the project, which is as important as the foundation of a building. Without a solid foundation, the building is not stable, and can be weakened by unforeseen events.

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