12 Steps to Develop a Project Management Plan
January 11, 2021
Discover the key steps to developing an effective project management plan.
By Shayna Joubert
April 16, 2021
You’ll put those passions and strengths to good use—creating real change within your business or organization.
But what exactly is project management? What role does a project manager play within a business or organization? What skills do you need to be an effective project manager? And how does someone become a project manager, anyway?
Here we explore each of these questions in depth so you have all of the information you need to understand whether or not project management is the career for you and—if it is—how you can turn your dream into reality.

Simply put, project management is the art and discipline of managing a project and all of its components from start to finish.
But as anyone who’s ever managed a project will tell you, this simple definition doesn’t capture the full scope of what project managers do.
Project management plays a necessary role in countless industries, from technology and software development to healthcare and pharmaceutical research, business and nonprofit work, construction management, and everything in between.
All projects, regardless of industry, can be broken down into roughly the same five processes, or phases:
Project managers have an essential and indispensable role to play in each of these phases.

Before any project can begin, it must first be initiated.
During initiation, important groundwork is laid to determine whether or not a project can and should be pursued. This typically involves creating a business case that aims to justify the need (and value) of a project, as well as a feasibility study, which aims to understand how likely the project is to be completed if it is pursued.
Once the project’s sponsors or stakeholders agree that a project should be pursued, the project enters into the planning phase.
It’s during this phase that the full scope of the project is formally drafted and documented. Ideally, this will include a thorough understanding of:
After a full plan is drafted and approved, the project is ready to be executed.
This involves completing the tasks needed to move the project forward, as well as hitting the key milestones documented in the project plan.
Related: Essential Guides for Project Managers
Exactly how the project is executed will depend on several factors, including which methodology is used to manage the project. Some of the most popular project management methodologies include:
Related:
While the project is being executed, progress is also being monitored and controlled to ensure key milestones are being met.
This process typically involves:
After the project has been completed, it must then be closed.
The closing process involves evaluating the project’s results compared to the objectives established in the project plan. It also includes ensuring all administrative tasks are completed, including closing contracts, paying external invoices, reallocating internal resources, and archiving records.

While the exact role and responsibilities of a project manager will vary between organizations and industries, most project managers will find themselves responsible for the same general duties.
The most important of these responsibilities include:
Related:
With so many moving pieces to manage and keep track of, project management can be an incredibly complex field of work. Successful project managers possess a very specific set of skills that allow them to meet the demands of the job. These are known as soft skills and hard skills.

These are also called people skills or interpersonal skills.
Because so much of project management involves managing people, it’s impossible to overstate just how important it is for project managers to develop and practice their soft skills. Though many believe soft skills are something individuals are born with, this isn’t the case. As with any skill, soft skills can be learned and practiced.
Some of the most powerful soft skills project managers can have include:
Compared to soft skills, hard skills are often much more measurable and quantifiable and tend to relate more to specific processes.
Some of the most important hard skills for project management to develop include:
If you’re wondering whether or not a career in project management is for you, consider these statistics recently gathered by the Project Management Institute (PMI):

While the career potential for project managers is already promising, those who specialize in a field can develop a more lucrative career.
In the U.S., the median salary for a project manager is $116,000 across all industries, with most project managers earning between $90,000 and $140,000. Professionals who further pursue program or portfolio management, however, often see an increased salary potential compared to more generalist project managers.
At its simplest, project management involves the managing of a single project. But as organizations grow and operations become more complex, it’s not uncommon for multiple projects to be underway at the same time. In these more complex cases, project management may be viewed as three related, but different categories: projects, programs, and portfolios.
Those who choose to declare an industry-specific specialization will also likely see a positive career impact. Being trained to handle the unique processes, regulations, and best practices of specific industries will help applicants stand out from the competition during hiring processes, and will likely help land them a coveted, specific role within the project management field.
Regardless of your current career, position, or past education, you can become a project manager if you decide it’s the career that you want to pursue. Exactly how you go about achieving this will, of course, depend on your career situation and which path makes the most sense for you.
Generally, most people follow one of two common pathways in becoming a project manager:
We explore both of these paths below.

For some people, the decision to become a project manager is a straightforward and conscious one.
Maybe a family member, friend, or acquaintance is a project manager, and you think you’d like the role. Perhaps you’ve spent some time in the workforce working on projects and have decided that you want the opportunity to lead projects instead. Maybe a trusted high school or college advisor told you that project management would be a smart career choice. Whatever the case, you know that you want to become a project manager—you just don’t know how to get there.
If this describes you, pursuing formal education and training in project management is likely the most efficient path to starting your career. Typically, this will entail earning the appropriate certifications and, potentially, an advanced degree.
While it’s possible to become a project manager without earning a certification, becoming a certified project manager has several benefits.
Earning your certification demonstrates to potential employers that you have the relevant knowledge, skills, and experience required to work in a project management capacity. It also makes it much easier to transition to a new role at a different organization (should you decide to do so).
But which certification should you earn?
There are many to choose from, which can make the decision less than obvious. Below are some of the more common certifications and who each may be best suited for.
By far, the PMP is the most commonly referenced and sought-after project management certification. Based on the methodology outlined in the Project Management Body of Knowledge (PMBOK), earning this certification will show employers that you have the skills required to manage the demands of most projects. It’s widely seen as the gold standard for project management certificates, particularly in the United States, Canada, and the Middle East.
To earn your PMP, you must first pass a 200-question, multiple-choice exam. To take the exam, you must meet several requirements:
Scrum is a project management framework related to Agile. It’s often used to address the unique problems and challenges associated with software development. As such, if your end goal is to work in the software industry, Scrum may be a good choice.
There are currently six Scrum-related certifications offered by the Scrum Alliance:
Though less common than the PMP (there are currently 418,000 certified scrum professionals globally compared to more than 1,000,000 PMP certification holders), it is one of the fastest-growing project management certifications.
PRINCE2 is a project management framework that was formulated and developed by the government of the United Kingdom, which emphasizes business justification, defining organization structure, flexibility, and a product-based planning approach. The name itself is an acronym coming from PRojects IN Controlled Environments.
Because of its prominence and origin in the U.K., PRINCE2 may be the ideal certification for those working in the U.K. and parts of Europe.
Though a master’s degree in project management isn’t always required for a project manager role, it’s becoming increasingly common. According to a recent report from Burning Glass Labor Insight, 34 percent of project management job postings prefer or require a graduate degree in addition to requiring PMP certification.
Even for job postings that don’t require an advanced degree, earning such a degree can bring many benefits, like making it easier to break into the industry and advancing in your career.
If you’re considering earning a master’s degree in project management, you may be wondering what an ideal program looks like. While there are no specific criteria that a degree must meet to provide value, some of the more important criteria you should use to evaluate your options include:
Some individuals find the path to becoming a project manager isn’t quite so straightforward as the path outlined above—largely because it wasn’t a path that they intended to follow. They were hired for one role unrelated to project management (often that of a director, manager, or team lead) and then, over time, found themselves taking on more and more project management responsibilities.
For these “accidental” project managers, a number of unique challenges must be addressed, most of which are tied to a lack of formal project management training. Luckily, some steps can be taken to ease the transition into a project management role, even if it wasn’t the career you originally envisioned.
First and foremost, you should seek to fully and completely understand the task at hand:
Armed with this knowledge, you’ll be better prepared to determine your strengths and what weaknesses need to be addressed.
For example, you may find yourself very comfortable with and capable of managing a team due to years of work as a general manager, but unsure of the processes involved in creating and maintaining a budget. Or perhaps budgeting is a strength, but you’ve never been responsible for such extensive scheduling.
By understanding your strengths and weaknesses, you can form a plan that will allow you to learn the skills and gain the experience that you need to be successful.
Exactly what this looks like will depend on your needs and personal approach to learning. For many accidental project managers, it will include a mix of self-guided education and on-the-job mentorship.
Depending on how much experience you already have, it may be possible for you to shore up your weak spots through self-guided learning. There are many resources available that can help you do just that:
In addition to any self-guided education you pursue, if you have access to mentorship opportunities either inside or outside your organization, it would be wise to leverage it. A trusted mentor (like a supervisor or co-worker) can prove invaluable as you find your footing in your new project management role. They can offer advice and guidance that can help you be successful.
Once you’ve learned the skills necessary to complete the job at hand, you may find that you truly enjoy the role of project management. If this turns out to be the case, going on to earn a relevant certificate and, eventually, an advanced degree like a master’s in project management can make it much easier to transfer to a similar role in a different organization.
It’s important to note that your education and career development shouldn’t end simply because you’ve landed your first project management role.
By the very nature of the work, project management roles are often temporary. While many larger companies and organizations may employ a full-time project management team or professional, many smaller companies do not, and instead rely on contract workers whose employment ends when the project does.
Luckily, there are steps that you can and should take to ensure your continued employability and relevance. Earning an advanced degree or new certificate, maintaining existing certificates, and staying on top of emerging technologies, trends, and methodologies can all help.
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Discover the key steps to developing an effective project management plan.
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