Project management focuses on planning and controlling everything involved in delivering the deliverable. It is a process that every person on a project team must embrace, understand, and execute, regardless of experience level (Haughey, 2014). For a project to be completed successfully, both planning and execution must be implemented correctly. Inadequate planning will not result in adequate execution and control processes or the achievement of project objectives (Globerson, 2002). Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay The project manager creates the project management plan following inputs from key stakeholders and the project team. A project management plan is defined as an approved formal document that defines the execution, monitoring and control of the project. This may be a summary or detailed document and may include baselines, subsidiary management plans or other planning documents. The document is used to define the approach the project team is taking to deliver the intended project management scope (Sabyasachi, 2017). One of the critical factors for a successful project is having a well-developed project plan. Below is a 10-step approach to creating your project plan. Step 1: Explain the project plan to key stakeholders and discuss its key components. The project plan includes: Baselines: Baselines are also known as performance measures, since the performance of the entire project is measured against them. These are the three (3) approved starting points of the project which include the scope, time and cost baselines known as the Iron Triangle. Step 2: Define roles and responsibilities. Not all interested parties can review all documents. Therefore, it is necessary to determine who in the project requires approval of which parts of the plan. Some of these key players are: Project sponsors. Designated business experts. Project manager.Project team. End users. Others, like quality and risk analysts. Step 3: Hold a kick-off meeting. The kick-off meeting is an effective method to bring stakeholders together to discuss the project. Some of the topics that might be included in a kick-off meeting: Company vision and strategy. How the team makes decisions. Roles and responsibilities. Team commitments. Team building. Vision of the project. Basic rules. Step 4: Develop a scope statement. The scope statement should include: Business need and business problem. Benefits of completing the project. Main stages and approach. Justification of the project. Project objectives. Project scope. Step 5: Develop the scope baseline. Once the deliverables are confirmed in the scope statement, these should be developed into a work breakdown structure (WBS) that forms the scope baseline covering the following elements: Identify all deliverables of the project and, therefore, identify all the work that needs to be done. Take large results and break them into smaller results. The lowest level is known as the "work package" and can be numbered to correspond to the activities and tasks. Step 6: Develop the schedule and cost baseline. The steps involved in developing the cost schedule and forecast are: Identify the activities and tasks needed to produce each of the.