A project management plan is a vital tool for companies that have work with definitive deadlines. The plan combines the project's scope, time, and cost into one document. The benefit of this tool is its ability to combine all of the project's important aspects into one plan.
The plan's scope explains what the company wishes to achieve within the time frame. The scope can also include .
deliverables that each stakeholder must complete. The time sets a specific framework so the scope can be completed on time. Last, the cost gives a detailed account of how much money should be spent on which parts of the project.
Overall, the project management plan combines the scope, time, and cost of the project into one accessible tool. Stakeholders are then responsible for completing the work.
More Reference Links: http://pmresource.hubpages.com/hub/Project-Management-Plan-Example-Tips-and-Tricks http://ofm.wa.gov/ocio/pmframework/examples.asp
