Low Level of Confidence in Schedule requires less planning.High Level of Confidence in Schedule requires more planning.Risk Management can result in changing resources, when theyĪre used, in what sequence activities are performed, and almost.Iterations start after Risk Analysis since final cost and schedule.Planning is iterative, thus, result of each step may affect or cause.Resources, time, and money can be saved during "planning" and.Planning enables walking through the project and getting it.Project has so many problems that you re-evaluate the business need.Order of Magnitude Estimate (50%variation).Some other points might be clarified during execution or PM Plan is finalized in planning but detailed estimate, scope and.Initiating and iterated in planning process Estimates, product scope and some other steps might start in.Develop stakeholder management strategy.Understand the business case (Why is this project done?).Collect processes, procedures & historical info.Determine company culture & existing systems.Starts with authorizing the project and assignment of the Project Manager.Functional managers may have different priorities than project managers.Needs extensive policies and procedures.Tougher problems with resource allocation.Better horizontal and vertical dissemination of information.Maximum utilization of scarce resources.Improved project manager control over resources.> Project Coordinator: acts like Project Expediter, but has some power and can take some decisions. > Project Expediter: acts as staff assistant and communications coordinator. In weak matrix organization (functional manager has more power), Project Managers are:.Team members do (project work)+(departmental work).Team members report to project manager and functional manager.Attempt to get strengths of projectized and functional organization.