Topic 1 What is the Planning Phase?

The planning phase is an essential part of the project life cycle as it creates a roadmap that will be followed by the project management team. The planning phase outlines the details and defines the goals of the project to meet the requirements defined by the organisation.

During the planning phase, the project managers will need to:

  • Create a project plan
  • Develop a resource plan
  • Define goals and performance measures
  • Anticipate risks, costs and deadlines

A significant tool for contacting the planning phase is the Logical Framework Approach (LFA), a method used for the design of a project and the support of the project planning. The LFA is developed on a table with rows and columns covering each basic aspect of the project and demonstrating the logical relationship between the components of the table.

The LFA covers the following types of items:

  • Project objectives (ultimate purpose/goals and tangible outputs)
  • Activities needed to achieve these objectives
  • Resources required to implement the activities
  • Assumptions on the external and internal factors (risks, challenges, and opportunities), which may impact the project
  • Metrics that will be used to verify that the project’s objectives have been achieved

Check out the essentials needed to master the LFA!