Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 1 00:00:01,270 --> 00:00:04,430 Let's look at the purpose of planning, 2 2 00:00:04,430 --> 00:00:07,730 a one page flowchart of the entire process, 3 3 00:00:07,730 --> 00:00:10,883 and the importance of forming the core project team. 4 4 00:00:12,630 --> 00:00:15,850 The purpose of the planning stage is two-fold. 5 5 00:00:15,850 --> 00:00:18,560 First, to prepare an optimized plan 6 6 00:00:18,560 --> 00:00:21,730 to carry out the project - documenting the project scope, 7 7 00:00:21,730 --> 00:00:24,610 schedule, budget, and risks with an accuracy 8 8 00:00:24,610 --> 00:00:28,320 of plus or minus 10% - for final review and decision-making 9 9 00:00:28,320 --> 00:00:30,683 by the sponsor before proceeding; 10 10 00:00:32,110 --> 00:00:35,300 and, provide enough information so the project manager 11 11 00:00:35,300 --> 00:00:38,663 can easily monitor and control the progress once underway. 12 12 00:00:40,630 --> 00:00:42,740 To achieve this, the planning stage 13 13 00:00:42,740 --> 00:00:44,603 baselines the following items. 14 14 00:00:46,050 --> 00:00:48,530 The requirements: the quantities, 15 15 00:00:48,530 --> 00:00:50,720 functions, features and standards 16 16 00:00:50,720 --> 00:00:53,483 the project output needs to meet the objective. 17 17 00:00:55,180 --> 00:00:59,050 The solution definition: a description of the project result 18 18 00:00:59,050 --> 00:01:01,600 sufficient to plan what it will take to produce it. 19 19 00:01:03,200 --> 00:01:06,440 The deliverables: the end deliverables 20 20 00:01:06,440 --> 00:01:10,130 handed to the customer, plus all the interim work products 21 21 00:01:10,130 --> 00:01:13,123 the team needs to create just to get the project done. 22 22 00:01:14,730 --> 00:01:18,900 The precedence diagram: the enormously useful flowchart 23 23 00:01:18,900 --> 00:01:21,050 showing how the deliverables come together. 24 24 00:01:22,920 --> 00:01:26,570 Estimates: breakdowns of the resources, material, 25 25 00:01:26,570 --> 00:01:29,803 services, time, and cost required for each deliverable. 26 26 00:01:31,590 --> 00:01:34,380 The Gantt chart: a mapping of the deliverables 27 27 00:01:34,380 --> 00:01:37,200 across the calendar, including identification 28 28 00:01:37,200 --> 00:01:40,083 of the critical path that drives the end date. 29 29 00:01:41,790 --> 00:01:44,710 The budget: the cost, by deliverable, 30 30 00:01:44,710 --> 00:01:46,913 sometimes also graphed across time. 31 31 00:01:48,150 --> 00:01:51,273 And the risk register: a baseline of the risks 32 32 00:01:51,273 --> 00:01:54,473 and their likely costs and schedule impact. 2960