Project Planning: a tool for project management

Running head: DIFFERENT STAGES IN PROJECT MANAGEMENT
DIFFERENT STAGES IN PROJECT MANAGEMENT
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1DIFFERENT STAGES IN RPOJECT MANAGEMENT
Table of Contents
Introduction................................................................................................................................2
Background................................................................................................................................2
Project Plan................................................................................................................................3
Success Criteria..........................................................................................................................5
Software that can be used in the project.....................................................................................6
Data needed in each step of complete project plan....................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................9

2DIFFERENT STAGES IN RPOJECT MANAGEMENT
Introduction
Project planning refers to the process that is made use of for establishing the scope of
the project, stating the objectives and taking necessary steps to achieve these. This can be
considered as the most vital process constituting project management. The project
management plan can be said as the output of the project planning process. The project
management plan consists of the scope of the project along with its objectives. In order to
create a project plan certain steps need to be followed. The scope along with the value of the
project plan needs to be understood, extensive research needs to be conducted, project plan
outline needs to be there and a clear idea of the deliverables. In this case, the failure of Levi
jeans will be analyzed and a project plane developed so that their failure can be turned into
success. The project plan will define the approach as well as the process that Levi can make
use of to make its jeans a success. The reason behind the failures should be analyzed properly
so that according to it project plan can be prepared. The outline of the project will help in
organizing thoughts and formulating things that might be useful for the project.
Background
Levi is a classic brand and owes its roots to a Bavarian immigrant in the dying years
of battle for the American West. It is said to be as the largest producer of pants and its
product including tailored slacks, hats, belts and skirts. The company has its headquarter in
San Francisco. The company has been successful in creating its brand name. The failure of
Levi jeans can be attributed to many reasons that include bad strategy and bringing so many
different variations to the market at a time. The failure of a product to capture the market can
be attributed to bad project management and undefined project goals. In order to make it a
success a proper project management plan needs to be adopted by the company and work
proceeded according to the same.

3DIFFERENT STAGES IN RPOJECT MANAGEMENT
Project Plan
A project is divided into five different phases as per the project management body of
knowledge. The phases may or may not be carried out in a chronological order. For example
when there are some alterations in the project, the manager can get back to the planning
phase (Kerzner 2017). Thus for this reason these phases are termed as process groups. The
process groups are as follows:
1. Initiating- In the project initiation phase the project needs to be created as well as
authorized. Here in this context the project is to make Levi jeans a successful product and
help the company to get out of the loss. In this stage a project charter will be developed and
the stakeholders identified. The project charter will help in incorporating the project as well
as assign a project manager for the same. The scope statement, budget of the project and the
primary stakeholders in this case will be defined. The project’s scope is to turn the failure of
Levi jeans into success (Varajão, Colomo-Palacios and Silva 2017. Initial budget for the
project needs to be allocated in this phase. The stakeholders of this project are managers,
customers, executives, marketing personnel and many more. The initiation is a major step as
according to it the project will be planned and started.
2. Planning- This is the phase that is generally not given that much of importance. In the
project planning phase there are various sub-parts containing information about the success
factors, scope of the project, the project deliverables, schedule, human resource plan, risk
management plan, change in procedures and procurement management plan. The budget of
the project is also included in this (Fleming and Koppelman 2016). In the case of Levi jeans
the success factors can be the fixed budget of the project and associated schedule. Knowledge
management, new strategies for the product, teams should be allocated for developing new
designs and top management support. A project fails or succeeds depending on the planning