Developing a project management plan is the process of defining, preparing and coordinating all actions necessary to successfully manage a project. It involves setting out clear objectives, assembling the relevant resources and establishing milestones. In order to develop an effective plan, it helps to understand the context of the project and its stakeholders, as well as to be aware of any potential risks or challenges. The final plan should set out the steps needed for successful completion of the project in a way that accounts for time, cost, team dynamics and customer expectations. Building a good project management plan takes time and effort – but it can save you a lot of headaches down the line!