Project Implementation Plan Page 15
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FM0027-GDL-00034-E-V15
Appendix 1
Recommended project planning techniques
The following diagram shows a simple project planning methodology. Note that the process is
necessarily iterative – the more the project is investigated and analysed, the deeper the understanding
of the issues achieved by the project manager.
The project management methodology described in this document is a very highly simplified version of
that proposed by the Project Management Institute (PMI). This approach is described in detail in the
PMBOK, published by PMI.
This document is intended to be an overview, and is in no way a substitute for project management
training or experience.
Define overall project
objectives
Risk Management
Create/Update WBS
Identify resources required for
each activity
Estimate the duration of the
Define the sequence in
activity using identified
which activities are to be
resources
performed
Estimate the cost of the
activity based on the
resources and duration
Create a project
schedule and budget
Change Control
Planning
Complete PIP
Figure 4: project planning process
Financial Mechanism Office, 12/16, Rue Joseph II, 1000 Brussels, Belgium . Tel: +32 (0)2 286 1701 . Fax: +32 (0)2 286 1789 . Email: fmo@efta.int .
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