This is such an important activity in the product and project management that it sets the path either for failure or success in the early phase of the project. Hence, it is very critical for team to spend enough time to brainstorm the scope with the key stakeholders. If team does better job at planning, it will result into most likely successful product and its delivery.
There are few following areas that the product and project team should spend more time and brainstorm with the key stakeholders;
Scope or Requirement Planning
Project execution Planning
Schedule Planning
Cost Planning
Quality Planning
Resource Planning
Communication Planning
Stakeholder Management Planning
Procurement Planning
Planning is not a one time activity rather it is a continuous and evolving project activity. It has to be reviewed continuously at some interval based on the outcome of the project executions and re-plan accordingly if required. Every changes in the plan should be baselined and get sign-off from the key stakeholders. Any change in the baselined plan, has to go through the change management board and approve accordingly.
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