Cohesion in any company is much desired. This also proves true, when it comes to project management! That’s why to ensure that everyone is on the same page, you should make sure to create a project execution plan that will surely make your teams united. However, since you are here we also provided Project Execution Plan Examples that will greatly expedite your creation process! Nonetheless, our offer is not only that! We also created an excellent creation guide that will properly advance your creation in the right way. Go on. Set choose any of our templates today and see to it your project’s completion.
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10+ Project Execution Plan Examples
1. Project Execution Plan Template
2. Software Project Execution Plan
3. Project Execution Plan Checklist
4. Project Execution Plan Review
5. Project Execution Plan in PDF
6. Project Construction Execution Plan
7. Sample Project Execution Plan
8. Project Execution Plan Example
9. Basic Project Execution Plan
10. Project Execution Plan and Development
11. Preliminary Project Execution Plan
What is a Project Execution Plan?
A project execution plan (PEP) is a document that provides the reader with a bird’s eye view of the whole project from beginning to end. However, this document may vary differently from a project management plan as this focuses more on those things that are executable by the project managers, contractors, foreman, and workers.
What are the stages of the Waterfall Model in Project Management?
There are many project methodologies in project management. However, there are two models that stand out, namely Agile and Waterfall. Right now we are going to learn the phases of the Waterfall model and how it behaves in the construction set.
- Requirements
The first phase of the waterfall methodology is all about asking the customer or client about his or her requirement for the project. This is the time that the team can also decide regarding the materials they will be used to fulfill the project.
- Design
After getting all the requirements of the client, the team can then start designing the whole project from the material procurement charts to the outline of the structure itself. This phase also starts the employment process to ensure that the team has every specialization required.
- Implementation
The implementation phase involves executing all the decisions created in the design stage. This phase could be the longest duration of the whole project, depending on the complexity of the project and the workforce at hand.
- Verification
Quality control is necessary everywhere, and for the waterfall model, verification is this process of ensuring that whatever stated in the design is followed by the people who did the implementation. If everything is good, then the client or customer would check after.
- Maintenance
The maintenance is something that’s largely dependent on the client. Sometimes, the same company does this, while at other times, the client chooses another company to do the maintenance of the structure. This is a necessary procedure, especially for construction and software programming.
How to Create a Project Execution Plan
An executive plan is important to ensure that the investors know the flow of how the management will handle the execution of the project or the business. However, since you already have exceptional templates that you can use, we provide these four points that you should not forget to ensure that your endeavor will be proper and sure.
Tip 1: Executive Summary
Whether you are creating a business plan or a business proposal, executive summaries are always necessary. They are important to ensure that the readers of your document will get the gist of the whole endeavor without going through everything which shortens time on reading and more on the action.
Tip 2: Provide a Corporate Background
Since you sustain the whole procedure of project fulfillment, you should make sure that you have a company profile inside the document. Why? Well, for one, it ensures that the client or customer will trust more on your company as he/she sees the quality of your workforce.
Tip 3: Address Risk Factors
Not one single person would fully trust a yes-man. Why? Well, people like them could only represent two kinds of businessmen. The first one, the one who lacks experience, and the other is someone who never learns. That’s why if you can, you should check that the person who created the plan included a presentation that addresses the risk factor of the project. In this way, you can be sure that the detailed chart will follow the desired outcome.
Tip 4: Exit Strategy
There is no such thing as a 100% success rate project. Even the simplest of projects can still have a chance of failure. That’s why you should make sure that the execution plan lists out the exit strategies that you and the company can do in the event of failure.
FAQs
What are the five stages of a project?
There are five stages of a project, these are:
1. Conception and initiation
2. Planning
3. Execution
4. Performance/monitoring,
5. Project close
What are the three main stages of a project cycle?
However, there are only three main stages of a project cycle, namely:
1. Planning
2. Execution
3. Closing
What is the difference between a project management plan and a project execution plan?
A project management plan differs greatly from a project execution plan because it focuses more on the administrative side of the project, while the project execution plan highlights the execution goals and milestones.
No matter how big or small a project. It is necessary that you as the initiator should put 100% of your effort into it. In the same way that the pharmaceutical companies provide the cheapest medicine to those who have less. In this way, civilization improves and prosper. It is really that simple to become a better person—give your all.
