Project management plan Essay Example | Topics and Well Written Essays - 1500 words

Project management plan - Essay Example An effective planning process offers details and facilitates in formation of the project work strategies along with ascertaining an approach to continue and achieve effective findings and objectives of the project (ANA Eastern Region, 2006). An effective project planning ensures to provide effective designs for future initiatives in order to clarify project goals and it also enables to develop the vision of the processes which facilitate to attain the ultimate project objectives. It also evidently enables to identify different issues and provides efficient alternative courses in order to address those issues. Moreover, an effective project planning process further enables to make best utilisation of the resources and it also plays a major role in motivating workforces to effectively utilise the resources and assign responsibilities to achieve the ultimate outcome of the project (ANA Eastern Region, 2006). In terms of preparing an effective plan for ethnic marketing activities, projec t planning stage can also identify certain impacts that can lead to provide substantial benefits towards the organisation’s strategies. With this concern, innovation can be considered as one of the major beneficial aspects for conducting the plan for ethnic marketing to achieve sustainable position as well as to attain competitive advantage in the global market. Moreover, the project plan related to ethnic marketing is further beneficial to achieve substantial growth in the global marketplace due to the reason that there has been a rapid expansion of multicultural consumer segments across different regions (American Hotel & Lodging Association, 2010). Key Stages and Milestones Necessary to Complete Ethnic Marketing Project Plan...In terms of preparing an effective plan for ethnic marketing activities, project planning stage can also identify certain impacts that can lead to provide substantial benefits towards the organisation’s strategies. Key Stages and Milestones Ne cessary to Complete Ethnic Marketing Project Plan A successful and effective project planning considerably encompasses certain major stages. The planning stage in the project management process encompasses a series of activities which involves different elements/parameters of the overall project in order to make the project ready for the execution process. Project plan consists of three major activities such as: Risk Management Plan Quality Management Plan Issue Management Plan Change Management Plan Acceptance Plan Communication Plan Execution & Controlling Stage Project execution and controlling stage can be identified as a major phase where the resources and all project activities are implemented. Project Closing Stage The closing stage of the project management related to the ethnic marketing project is the final step which significantly aims to evaluate the implementation and the results of the activities of the overall project.