Developing a Project Plan is the practice of taking a project from the initial stages of development all the way through its completion. It involves looking at different elements such as scope, budget, schedule, and resources in order to create a plan that will effectively guide the project’s success. As part of the planning process, it also requires breaking down larger tasks into smaller ones, setting up checkpoints and timelines, identifying potential risks and creating solutions around them, defining deliverables, and measuring progress along the way. Developing a Project Plan is essential in order to ensure successful delivery.