Project Management Plan for Giggles Nursery: Setting up a Start-up for Working Parents

Project Management
Plan

Contents
INTRODUCTION...............................................................................................................................3
MAIN BODY.......................................................................................................................................3
CONCLUSION....................................................................................................................................7
REFERENCES....................................................................................................................................9

INTRODUCTION
A project management plan can be defined as an important formal document that
defines how a project is going to be carried out (Cavalletti, 2020). A project management is
important because it helps in outlining the scope, goals, timeline and deliverables of a project
and it helps in keeping a track of the progress of a project. A project management plan that is
developed effectively, helps the different business operations to run smoothly. The team
members have a clarity about their respective roles as well as responsibilities in the project.
The respective report is based on setting up a start-up of a nursery for working parents in
order to help them with a suitable place that offers childcare. The name of the nursery is
Giggles nursery and it will provide various care and learning facilities to the children who
have working parents. The report includes a project management plan that will help the
entrepreneur in setting up the nursery business.
MAIN BODY
The importance of undertaking management in businesses can not be overstated.
When it is completed right, it enables every part of the business run greater smoothly. It
allows the team to cognizance on the work that topics, loose from the distractions as a result
of obligations going off beam or budgets spinning out of manage. A poorly planned
undertaking can without problems run into delays, surprising system defects, and scope
creep. Scope creep is when a undertaking steadily grows in length because of unforeseen
circumstances or modifications (Eghbaria-Ghanamah and et.al., 2020). Risk is constantly
lurking inside the heritage, whether or not at a micro or macro degree. What can also seem
like a minor danger to a project may want to pose a larger danger later during challenge
execution.
Proper planning lets in groups to make sure that risks can be mitigated towards and
that smaller duties roll-up into milestones that meet with the bigger goals of the challenge,
lowering ability dangers. One of the important thing additives of making plans is useful
resource making plans. Every assignment is primarily based on beneficial aid use, along side
staffing, tool, rate variety, place of business space, and time. Without proper planning, it’s
nearly impossible to ensure an agency allocates and makes use of assets within the most fee-
powerful and appropriate manner. Different project tasks often compete for restricted assets,
so mission planners must make selections in advance approximately how best to assign those
resources.