Question

In the _________ phase, the project team creates more detailed project management plans, a more accurate cost estimate, and a more thorough WBS.

A) Initiating
B) Planning
C) Executing
D) Monitoring and Controlling

Answer 1

The planning phase is where the project team develops detailed project management plans, accurate cost estimates, and a thorough WBS, which is essential for translating a project's initial concept into an actionable and successful plan.

Step-by-step explanation:

In the planning phase, the project team creates more detailed project management plans, a more accurate cost estimate, and a more thorough Work Breakdown Structure (WBS). The planning stage is critical as it builds upon the initial concept and moves towards a more refined and actionable plan. This phase is where the selection of details and ideas comes into play. The planning phase aggregates all the research and ideas from the project's inception and selects the best choices for execution. Detailed drawings, models, and project plans are developed at this stage, preparing for the physical realization of the project. During this phase, flexibility and a willingness to adapt to changes are essential since not all challenges can be anticipated. This groundwork sets the stage for the project's success, as a poor detailed design can undermine a solid initial concept.