The HRM560 Assessment 1 project plan is a detailed outline that covers all aspects of the assignment. It starts with conducting a needs assessment and identifying resources required. The plan then moves on to monitoring performance, regular assessment tools, and check whether goals and objectives have been met or not. The document also includes setting up training programs, ensuring transfer of training, management of continuous improvement, ongoing learning for employees, and application of knowledge and skills. The project plan is designed to be implemented over several weeks, with key milestones and deadlines outlined throughout.