A project management plan is a comprehensive document that outlines how you’ll manage a project, from start to finish. It’s an integral part of any successful business venture as it helps to set expectations, align stakeholders, and most importantly, ensure that the project is completed on time and on budget. By creating a detailed plan, you can easily track progress, identify risks, and take corrective action when something goes wrong. In short, a project management plan allows you to stay in control of your project, ensuring that everyone involved has a clear understanding of the outcome you’re trying to achieve.