How Does the Project Plan Support the 'Manage by Stages' Principle?

C.

The "manage by stages" principle is a fundamental concept in project management, which involves dividing the project into manageable stages or phases. This approach allows the project team to plan, monitor, and control each stage of the project independently, while also providing the opportunity to review and adjust the project plan as necessary.

The project plan is a critical document that outlines the scope, objectives, deliverables, timelines, resources, and risks associated with the project. It provides a roadmap for the project team to follow and helps to ensure that everyone is aligned and working towards the same goals.

In the context of the "manage by stages" principle, the project plan helps to support this approach in several ways, including:

C. By identifying the major control points and milestones The project plan identifies the major control points and milestones for each stage of the project. Control points are the points at which the project team needs to assess the progress of the project and make any necessary adjustments. Milestones are significant events or achievements in the project that indicate progress towards the project's goals. By identifying these control points and milestones, the project team can monitor and track progress, identify potential issues and risks, and take corrective action if necessary.

D. By estimating the timescales and costs of the project. The project plan includes estimates for the timescales and costs of each stage of the project. These estimates provide a baseline against which the project team can measure progress and performance. By comparing actual timescales and costs against the estimates in the project plan, the project team can identify any deviations and take corrective action to keep the project on track.

In summary, the project plan plays a critical role in supporting the "manage by stages" principle by identifying major control points and milestones and estimating timescales and costs. By following the project plan, the project team can monitor progress, identify potential issues and risks, and take corrective action to ensure the project is delivered on time, within budget, and to the expected quality standards.