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50+ SAMPLE Management Plan Templates in PDF | MS Word

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Manufacturing Business Plan PDF Example

• May 7, 2024
• Business Plan

Creating a comprehensive business plan is crucial for launching and running a successful manufacturing business. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your manufacturing business’s identity, navigate the competitive market, and secure funding for growth.

This article not only breaks down the critical components of a manufacturing business plan, but also provides an example of a business plan to help you craft your own.

Whether you’re an experienced entrepreneur or new to the manufacturing industry, this guide, complete with a business plan example, lays the groundwork for turning your manufacturing business concept into reality. Let’s dive in!

Our manufacturing business plan covers all essential aspects necessary for a comprehensive strategy. It details operations, marketing strategy , market environment, competitors, management team, and financial forecasts.

• Executive Summary : Provides an overview of the manufacturing company’s business concept, market analysis , management, and financial strategy.
• Facilities & Equipment: Describes the facility’s capabilities, machinery, and technological advancements.
• Operations & Supply: Outlines the production processes, supply chain logistics, and inventory management.
• Key Stats: Offers data on industry size , growth trends, and market positioning.
• Key Trends: Highlights significant trends impacting the industry, such as automation and localization.
• Key Competitors : Analyzes primary competitors and differentiates the company from these rivals.
• SWOT: Analyzes strengths, weaknesses, opportunities, and threats.
• Marketing Plan : Outlines tactics for attracting new contracts and maintaining client relationships.
• Timeline : Sets out key milestones from inception through the first year of operations.
• Management: Information on the management team and their roles within the company.
• Financial Plan: Projects the company’s financial performance over the next five years, detailing revenue, profits, and anticipated expenses.

Manufacturing Business Plan

Fully editable 30+ slides Powerpoint presentation business plan template.

Download an expert-built 30+ slides Powerpoint business plan template

Executive Summary

The Executive Summary introduces your manufacturing business plan, offering a concise overview of your manufacturing facility and its products. It should detail your market positioning, the range of products manufactured, the production process, its location, size, and an outline of day-to-day operations.

This section should also explore how your manufacturing business will integrate into the local and broader markets, including the number of direct competitors within the area, identifying who they are, along with your business’s unique selling points that differentiate it from these competitors.

Furthermore, you should include information about the management and co-founding team, detailing their roles and contributions to the business’s success. Additionally, a summary of your financial projections, including revenue and profits over the next five years, should be presented here to provide a clear picture of your business’s financial plan.

Make sure to cover here _ Business Overview _ Market Overview _ Management Team _ Financial Plan

Dive deeper into Executive Summary

Business Overview

Facilities & equipment.

Describe your manufacturing facility. Highlight its design, capacity, and technology. Mention the location, emphasizing accessibility to transport routes. Discuss advantages for efficiency and cost management. Detail essential equipment and its capabilities.

Operations & Supply Chain

Detail product range. Outline your operations strategy for efficiency and scalability. Discuss supply chain management. Highlight sourcing of materials, inventory control, and logistics. Emphasize strong partnerships with suppliers and distributors.

Make sure to cover here _ Facilities & Equipment _ Operations & Supplies

Market Overview

Industry size & growth.

Start by examining the size of the manufacturing industry relevant to your products and its growth potential. This analysis is crucial for understanding the market’s scope and identifying expansion opportunities.

Key Market Trends

Proceed to discuss recent market trends , such as the increasing demand for sustainable manufacturing processes, automation, and advanced materials. For example, highlight the demand for products that utilize eco-friendly materials or energy-efficient production techniques, alongside the rising popularity of smart manufacturing.

Key Competitors

Then, consider the competitive landscape, which includes a range of manufacturers from large-scale enterprises to niche firms. For example, emphasize what makes your business distinctive, whether it’s through advanced technology, superior product quality, or specialization in certain manufacturing niches. This section will help articulate the demand for your products, the competitive environment, and how your business is positioned to thrive within this dynamic market.

Make sure to cover here _ Industry size & growth _ Key competitors _ Key market trends

Dive deeper into Key competitors

First, conduct a SWOT analysis for your manufacturing business. Highlight Strengths such as advanced production technology and a skilled workforce. Address Weaknesses, including potential supply chain vulnerabilities or high production costs. Identify Opportunities like emerging markets for your products or potential for innovation in production processes. Consider Threats such as global competition or economic downturns that may impact demand for your products.

Marketing Plan

Next, develop a marketing strategy that outlines how to attract and retain customers through targeted advertising, trade shows, digital marketing, and strategic partnerships. Emphasize the importance of showcasing product quality and technological advantages to differentiate your business in the market.

Finally, create a detailed timeline that outlines critical milestones for your manufacturing business’s launch, marketing initiatives, customer acquisition, and expansion goals. Ensure the business progresses with clear direction and purpose, setting specific dates for achieving key operational and sales targets.

Make sure to cover here _ SWOT _ Marketing Plan _ Timeline

Dive deeper into SWOT

Dive deeper into Marketing Plan

The Management section focuses on the manufacturing business’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the manufacturing business toward its financial and operational goals.

For your manufacturing business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.

Financial Plan

The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your manufacturing business’s approach to securing funding, managing cash flow, and achieving breakeven.

This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs and capital expenditures.

For your manufacturing business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).

Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds

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Plan Templates

45+ management plan examples.

A management plan is a strategic plan for managing an organization’s infrastructure and other properties to deliver a service that is being agreed on. This is mostly used in a business or company setting where proper planning for management process and other related platforms are being assessed. In terms of managing various related plans or projects with the intention of improving an organization’s performance, a management plan template is valuable.

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Types of Management Plans

• This is a type of plan or document that a project manager prepares to anticipate risks, evaluate impacts, and determine proper resolutions to problems.
• A risk management plan contains an analysis of risks with both low and high repercussion, and mitigation methods, the purpose of this is to help the project avoid being hindered in case there are common issues that will arise.
• This type of plan should be regularly checked by the project team to prevent the analysis from becoming stagnant and not realistic of any prospective project.
• It is a formal approved document that explains how the project is performed and controlled. It may be a summary or may be an overview of the subsidiary management plans and other planning documents.
• A project management plan is also used to define the approach that is being utilized by the project organization to deliver the designated project management scope, particularly of the project.
• It helps create the project management plan and follows inputs from the project team and the shareholders.
• This type of plan explains the level of quality that is acceptable by customers and describes how the project will assure the level of quality in its work process.
• Quality management activities ensures that the product is created to meet the agreed standards and requirements.
• Work processes are executed regularly and as documented. Those who didn’t follow the process which has been found are referred and appropriate corrective action is taken.
• This is formal document or statement intended for business objectives, why they are obtainable, and any possible plans for reaching them.
• This also contains background information regarding the organization pursuing those objectives.
• A business plan may aim changes in concept and branding by the client, taxpayer, consumer, or by the whole community.
• This is a type of plan that takes into account all related and relevant aspects of building construction, building work, or demolition.
• A construction management plan address in detail a range of safety, health, management process of traffic and facility issues that is related to the site construction and community surrounding.
• Also, it undertakes wider obligations such as recycling, environmental actions, and management of waste.
• This is a type of plan in which a course of actions are enhanced to diminish the damage of occurrences that could possibly threaten an organization’s capacity to do tasks and function comprehensively.
• The very first step when managing an emergency management plan is to conduct a risk assessment, this is to identify possible emergency rundowns. An emergency management plan should be logical and constant with your performance goals.

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How to Write a Management Plan

• A management plan gives everyone in the team the opportunity to clearly see their place and this includes who they’ll report to, who’ll report to them, and the duties of their role or position.
• By determining roles, it creates responsibility by making an emphasis who’s fault it was that something did or didn’t happen.
• A section analyzing management members and their duties and authorities.
• A definition of management structure.
• A chart of section analyzing interactions between and duties of each level of the team.
• An area describing several aspects of your team being managed, this should include the protocols and procedures of that management.
• An organized schedule for updating and enhancing management and the management plan.
• Make a description of your management structure. At the beginning of your plan, state clearly or outline your management structure with diagrams. Determine who holds the final decisions. You can also include external and internal consultants.
• Name the members of your board . If you have a board in your business, you should clearly identify its members. Summarized their leadership skills and abilities, prior experiences, and strengths. If you don’t have a board, just disregard this section.
• Assemble a group of relevant management members, as well as employees. This will give the employees a sense of ownership in the plan, taking information and imparting details with the group.
• Determine if the policies suit in with your culture and belief . The policies as well as the procedures should be designed in line with your encompassing beliefs and objectives in mind. Inspect over each one that you’ve created, this is to make sure that all are working together towards similar end point.
• For each aspect of the business, write out policies and procedures. The policies, and rules of your team are designed to further your goals and keep your operations real and true. Additionally, these policies are shown and expressed via procedures, in which specific methods are taken to determine how things are intended to be done.
• You need to format your plan for clarity . The formatting of the management plan should be similar as the rest of your business proposal . You have the option to select major sections using a bold headings. Make sure the font is readable. You may want to make use of bullet points for list of experience and duties.
• Always proofread your work once done. If you want your management plan to have a professional appeal, make it grammatical free and zero spelling errors. Moreover, your management plan should be printed on a white paper that is not wrinkled and should be even and in order.

Construction Management Plans

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Event safety management plan.

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Strategic financial management plan.

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Fire safety management plan.

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Benefits of Having a Management Plan

• Direction – During the planning process, a management plan can bring a sense of direction towards the team or organization and its members.
• Responsibility – The team benefits because one member holds responsibility for each task and can be held accountable. If an employee realizes he gets the rewards and the consequences of not completing his task, this will give him a sense of responsibility on fulfilling his requirement.
• Enough Resources – There are a lot of projects that run out of resources before completion. These resources include both labor and finances. A management plan is required in order for the team to put into consideration what are the resources needed to finish the project and omit the chance of discontinuing the task due to lack of resources.
• Anticipation of a Problem – Several tasks, projects, or plans experience problems at different times right before the task is completed. And this involved in losing employees, missing deadlines or running out of funds. With a management plan, the team can proactively address problems, decreasing an impact towards the project or task.
• Mastery of an Employee – After employees plan their assignments or tasks, they will then have a time enhancing their skills to complete their tasks. This is beneficial for the company for a growing knowledge base of its employees.
• Dependability – Certain companies base decisions on the knowledge that a specific task or project will be completed before the due time or on time. Management teams who spend time creating a management plan can reliably foresee what it will cost in time or money to complete.
• Completion of Projects – There are projects that get started and never finish. Without a management plan, team members tend to go after their own ideas and forget about the project. A management plan ensures that the team and its members know their role and that the project will be completed on or before the deadline.

Types of Management Plan Templates

• Risk Management Plan Example – this is an example of a risk management plan document. If you are planning to make one, you can refer to this example.
• Project Management Plan Example – if you’re making a management plan that focuses on project and task planning, this project management plan example is what you need.
• Quality Management Plan Example – this is the plan you use if you are making a management plan that explains the level of quality that is acceptable by customers and the level of quality in its work process.
• Stakeholder Management Plan Example – if you’re making a management plan intended for shareholders, then this example is what you need.

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Free Project Management Plan Templates

By Kate Eby | August 8, 2019

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In this article, you’ll find all the project management plan templates you need to get started on a comprehensive project plan. We’ve included templates that cover all aspects of project planning, from scope and budget to communication and scheduling. 

If you are new to project management plan templates, start by reading the What to Include in a Project Management Plan section.

Included on this page, you'll find a project management plan , a project management plan outline in both Microsoft Word and Google Docs , an integrated project plan template , and many more.

Templates for Presenting and Tracking the Project

The following templates include sheets, widgets, and outlines that can help you present an overview of the project to stakeholders. These templates also help you monitor progress as you execute the project.

Project Management Plan Outline Template

A comprehensive project management plan includes many plans and documents necessary for the success of a project. Project plan sub-documents may consist of the project scope, work breakdown structure (WBS), milestone list, and more. This project management plan template also provides an outline, so you can include all plan details in one document or attach or link to separate planning documents.

Download Project Management Plan Outline Template

Word | Google Docs

Download Resource Requirement Calendar Chart

Excel | G oogle Sheets

Project Management Plan Dashboard Template

A dashboard provides a handy means for project managers, stakeholders, and team members to display summaries of important metrics. This integrated project plan template includes a task list that updates a corresponding Gantt chart as you begin and complete tasks. The template also offers a widget to summarize task status, project spending, and pending items.

Download Project Management Plan Dashboard Template - Excel

Integrated Project Plan (IPP) Template

You may need a narrative description of parts or all of your project plan. However, a visual depiction can convey how aspects of the project relate to one another and the schedule. With this integrated project plan template, choose a Gantt chart or static timeline. Then, complete the task list, list responsible parties, and add due dates. The template also includes a cost baseline sheet and a communication plan sheet.

Download Integrated Content Project Plan Template - Excel 

Project Management Plan Template

This customizable template suggests the items you need to prepare to implement your project and provides space for each item’s due date. Additionally, find sections for the project approval phase, project planning, project execution, and project close.  

Download Project Plan Template

Excel | Smartsheet

Templates for Researching and Preparing a Project Plan

The following project management planning templates can help you as you determine and document the tasks and resources required to complete a project.

Project Scope Statement Template

The project scope defines the deliverables and the resources you need to complete those deliverables. By identifying these elements before the project begins, you reduce the chances of scope creep, wherein expectations and budgets expand without limit. When you write a project scope, refer to project objectives, goal statements, and the project charter . If you are a vendor preparing a project plan, you may refer instead to the statement of work you received with the request for proposal (RFP ). 

The project scope template below details the following: the project deliverables; the project assumptions; what is out of scope for the project; the time, budget, quality, regulatory, and resource constraints; and the tasks you need to accomplish in order to create the deliverables. In this template, you can describe the tasks without a separate work breakdown structure document, or use the WBS template that follows.

Download Project Scope Statement Template - Word

Work Breakdown Structure (WBS) Diagram Template

A work breakdown structure provides a visual tool for understanding how you can accomplish a project. Start with the goal or deliverable at the top and then break down the effort needed into smaller and smaller tasks. A WBS focuses on tasks and deliverables but complements the project schedule, which offers a high-level view of the work required over time. Some project management pundits suggest that leadership benefits most from schedules, while teams and individuals benefit from a WBS. This template offers a fill-in-the-blanks diagram and a task list template. Use both formats with the scope of work template.

Download Work Breakdown Structure Template - Excel 

Stakeholder Management Plan Template

Stakeholder analysis identifies individuals and groups with a potential interest in the project, determines the extent of their interest and degree of possible influence, and attempts to understand the best means of communicating with those individuals and groups about the project. A stakeholder analysis forms a significant basis for the project communication plan. 

This stakeholder management template offers space to list stakeholders, describe their role in the organization and in your project, identify the types of project activities that might interest them, define their level of commitment, and supply the reasons for their interest in your project. One sheet of this template includes a stakeholder analysis matrix, so you can create a visual evaluation of the level of commitment and influence for each stakeholder.

Download Stakeholder Management Plan Template

Cost Estimate and Projected Budget Template

Use this cost estimation and budget template to document the process for determining and, if necessary, adjusting your budget. The template provides a table to identify who can approve spending limit breaches and space to describe the budgeting procedure, the cost baseline procedure, the change procedure, and the proposed budget.

Download Cost Estimate and Projected Budget Template

Risk Assessment Templates

Organizations have risks, and projects are also susceptible to problems, such as accidents, scope creep, or vendor problems with supply or quality. This risk assessment template focuses on risks to task and project deadlines, but you can tailor the linked template to address other risks, too. The template details the task description, deadline, risk level, and status in the task table, and the statistics for the project are displayed in the status and priority table.

Download Project Risk Management Plan Template

Project Resource Plan Template

A resource plan lists the equipment, supplies, and staffing needed for a project. Resource plans help schedule shared resources, including hardware, software, and office or workspace. This template outlines project phases and then lists resources by project phase, role, department, pay rate, and more.

Download Project Resource Plan Template

Project Executive Summary Template

You start your project plan document or presentation with an executive summary, which encapsulates the project at a high level. However, the executive summary should be the last piece of content or document you write as you create a plan. To write this summary, refer to the project charter for plan details, or, if you are a vendor or contractor fulfilling part of a larger project, refer to the project statement of work. This customizable template walks you through the elements of an executive summary, including major milestones and issues to be solved. Add your own summary components as required.

Download Project Executive Summary Template

Templates for Implementing and Managing a Project Plan

The example project management plans that follow will help you solve problems, communicate with your team and stakeholders, and ensure quality deliverables as you implement the project.

Project Governance Template

Project governance describes how you will conduct the project and who has responsibility and accountability for the effective and efficient execution of the project. This project governance template outlines the project scope and lists who is responsible for what requirements and tasks. It also offers a RACI matrix and provides space to link to the resumes of key personnel. Additionally, the template details the process for managing and escalating issues, the decision-making process, and the quality assurance process. 

Download Project Governance Template

Excel | Word

Communication Plan Template

To conduct a successful project, internal and external stakeholders must be clear on goals and changes. A communication plan template assists you in documenting stakeholders, contact information, areas of interest, required information, and message format and frequency. 

Download Communication Plan Template - Word

Chronological or Simple Timeline Template

A timeline is an essential tool in project management. Timelines capture the required activities in a project in the form of high-level milestones or detailed tasks and sub-tasks and show how those activities relate to each other. This chronological timeline works well for simple projects. With this template, you can add tasks to the list, and those tasks will appear in the timeline.

Download Chronological or Simple Timeline Template

Gantt Timeline Template

A dynamic Gantt chart can serve as a timeline for more complex projects. Add milestones to the timeline to focus all eyes on the prize and highlight dependencies among tasks.

Download Gantt Timeline Template

Change Management Process Template

Change is inevitable in projects, but it’s much better to plan for change and provide a consistent process for reviewing, implementing, and tracking adjustments and updates. This change management process template offers a visual tool for understanding how to suggest changes, reviewing proposed changes, planning for their implementation, and assessing the results. 

Download Change Management Process Template

Test Plan Template

To guarantee a successful and usable deliverable, create a quality assurance or quality control plan. This test plan template is particularly adapted to Agile product development, but can be customized to fit your management approach and product. Simply list the test ID, the test number, the test description, the expected and actual result, whether the product passed or failed, and pertinent comments. 

Download Test Plan Template - Excel

What to Include in a Project Management Plan

A successful project starts with a detailed project management plan . Project management plan templates guide you through the planning process, so you can focus on the details rather than trying to remember what you must include. To make your job easier and help ensure successful planning, download the templates included in this article. 

A project management plan may consist of one document or a collection of component documents that provide extra detail for specific planning areas, such as the schedule, the work breakdown structure, or the stakeholder analysis. Whether combined or separate, most project management plan templates contain the following sections:

Introduction

Briefly describe the project’s purpose, goals, and deliverables. Refer to the project charter when you write this section.

Project Approach or Executive Summary

Outline the management approach for the project. List key personnel and anyone with specific responsibilities and decision-making authority. Describe any assumptions and constraints. You may also include risks in this section.

Project Scope

To avoid scope creep, you must clearly define what outcomes you expect from the project and what is out of scope. The project charter provides a starting point for defining scope, but you should also include the following sections in your project scope statement or link to separate documents:

• Work Breakdown Structure (WBS): The work breakdown structure offers a visual description of all the high and low-level tasks needed to create the deliverables. In the WBS diagram, list the major tasks at the top and then break down the items into smaller and smaller tasks until you determine the smallest tasks or work packages. The WBS works with the work breakdown structure dictionary, which is a detailed list of tasks, owners, due dates, and more.
• Schedule Baseline: To understand whether your activities, milestones, and project are on track, create a schedule baseline. 
• Milestones: Milestones mark important stages of completion in your project. Create a list of high-level milestones, and briefly introduce them and their context in the overall project schedule.

Change Management Plan

A change management plan offers a consistent model for documenting, submitting, approving, and tracking changes in a project. These important instructions are often created in a separate document.

Risk Management Plan

For the project plan, summarize the risk management approach, including the process for identifying risks and the mitigation strategy. At the end of the project, during the after-action analysis, the project manager will assess the identified risks against the management approach and recommend any improvements for future projects.

A risk register captures each risk and mitigation action. A register is essential for quality improvement and may be required for regulatory compliance. It logs a unique ID for a risk, a risk detail, who identified the risk, the date during which they identified it, the probability of the risk, the severity of its impact, and so on. In PRINCE2, a risk register is known as a risk log .

Project Scope Management Plan

The project scope management section describes who has the authority to constrain efforts. It details the tools and methods for establishing project scope, including supporting documents. Those supporting documents may include the WBS and project charter or statement of work. The scope management plan should also explain how you measure and track scope. In addition, the document should clearly articulate how the project manager communicates scope to the team.

Communication Plan

Your communication plan describes the project information you need to share with your team and stakeholders, the identity of those recipients, their contact information, and the means and frequency of communication. The communication plan is crucial to the efficient functioning of the project. Consider conducting a stakeholder analysis early in project planning, so you can use it to inform the communication plan.

Cost Management Plan

In a cost management plan, you describe how you will measure, manage, and report costs for the project duration. Identify who has responsibility for controlling costs, how they approve and track budget changes, and the means by which and frequency with which they report on the budget.

A cost baseline describes the approved, time-phased spending for a project and represents the combined total of the estimated project cost and contingency reserves.

Resource or Procurement Plan

The resource plan or procurement plan defines spending limits and identifies who has the authority to approve amounts that exceed those limits. It also details the types of resources you’ll be using, such as equipment, utilities, infrastructure, and costs, and indicates whether you will rent, lease, or purchase such items.  

Resource Calendar

A resource calendar provides a visual reference for understanding when and for how long you require important resources. Whoever has functional responsibility for the included resources must approve the resource calendar.

Human Resources Management Plan

The human resources plan outlines the skill sets required for the project, the pay rates for the project, and whether HR will staff the project with new hires or contractors.

Quality Management Plan

To ensure that your completed project meets quality expectations, create a quality management plan . This plan defines the standards against which you will judge the final outcome. The plan also identifies the processes that will gauge the work. In the quality plan, note who is responsible for quality, and describe any applicable quality assurance or quality control regulations, standards, processes, and tools. 

A quality baseline articulates the specific metrics by which you will assess quality throughout the project. To discover the appropriate metrics, you should review the current quality management process or standards, any recent or similar projects, and any pertinent industry or regulatory standards.

Other Helpful Project Management Templates

Other documents and plans can help you describe the unique aspects of your project plan. Here is a selection of links to supporting samples and templates:

• Construction project management
• HR project management
• Software project management
• KPI template 
• Project change request form

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Management Consulting Business Plan Template

Download this free management consulting business plan template, with pre-filled examples, to create your own plan..

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What you get with this template

A complete business plan.

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We have over 550 sample business plan templates . So, make sure the plan is a close match, but don't get hung up on the details.

Your business is unique and will differ from any example or template you come across. So, use this example as a starting point and customize it to your needs.

2. Remember it's just an example

Our sample business plans are examples of what one business owner did. That doesn't make them perfect or require you to cram your business idea to fit the plan structure.

Use the information, financials, and formatting for inspiration. It will speed up and guide the plan writing process.

3. Know why you're writing a business plan

To create a plan that fits your needs , you need to know what you intend to do with it.

Are you planning to use your plan to apply for a loan or pitch to investors? Then it's worth following the format from your chosen sample plan to ensure you cover all necessary information.

But, if you don't plan to share your plan with anyone outside of your business—you likely don't need everything.

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Project Management Business Plan

If you are someone with a decent knowledge of planning, strategizing, and increasing a company’s profit through it, then a project management business might be your cup of tea.

Several business owners want their business’s voice to be heard and recognized, but with a hundred other tasks to do, they are left with no time to plan or look back on the progress of their strategies. And here’s where project management teams can help.

And if you are planning to start your project management business, you’ll need a project management business plan.

We have created a project management plan template for you to get a good idea about what a perfect project management plan should look like and what details you should include in your plan.

Industry Overview

The project management market was valued at 5.37 billion dollars in 2020 and is expected to rise going forward too.

The major reason behind the rise of this market is the value addition and results in it offers. Also, as project managers become experts at what they do, the demand and value of their services rise too.

But at the same time, you must have proof that your services can add value to your client’s business. Proper planning and in-depth knowledge of the industry and its trends can help you do that.

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Things to Consider Before Writing Project Management Business Plan

Identify your niche.

Although you might be tempted to take up different projects, you need to niche down and find out which area you want to turn into your area of expertise. Taking up similar projects helps you find out and develop optimal solutions to the major problems that exist in that market.

Note down your deliverables

Note down what would be included in your set of deliverables. It helps you set the right customer expectations and also helps you manage your resources more effectively.

Note down common risks in the industry

Smart people learn from other people’s mistakes, and so should you. Analyze common risks and how to avoid them, so you get to provide better services to your clients. It also helps you get through common problems that hold other businesses back. Hence, it is necessary to analyze common risks for the betterment of your business.

Find out ways to reach out to your potential customers

There would be definite ways that would help you reach out to potential customers better and faster. Your business needs to find these mediums and market your business to help you increase your audience’s awareness regarding your brand. It also ensures that you get results equivalent to your marketing efforts.

Such mediums could be a specific social networking site, email, websites, print ads, online communities, and so on. You should research to find out which is the best for your niche.

Chalking Out Your Business Plan

The project management plan is required to understand how the project will be executed, monitored, controlled, and closed during the project development life cycle.

Before you start writing your project management plan, spend as much time as you can reading through some samples of project management plans.

Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their plans.

Project Management Plan Outline

This is the standard project management plan outline which will cover all important sections that you should include in your business plan.

• Project Purpose, Objectives, and Success Criteria
• Project Deliverables
• Assumptions, Dependencies, and Constraints
• Definitions and Acronyms
• Evolution of the Plan
• External Interfaces
• Internal Structure
• Roles and Responsibilities
• Estimation Plan
• Staffing Plan
• Staff Training Plan
• Resource Acquisition Plan
• Project Commitments
• Data Control Plan
• Requirements Control Plan
• Schedule Control Plan
• Budget Control Plan
• Communication, Tracking, and Reporting Plan
• Metrics Collection Plan
• Risk Management Plan
• Financial Management Plan (Cost/Budget Management)
• Issue Resolution Plan
• Project Close-Out Plan
• Process Model
• Methods, Tools, and Techniques
• Configuration Management Plan
• Quality Assurance Plan
• Documentation Plan
• Process Improvement Plan

After  getting started with Upmetrics , you can copy this project management plan template into your plan and modify the required information and download your project management plan pdf and doc file. It’s the fastest and easiest way to start writing your plan.

The Quickest Way to turn a Business Idea into a Business Plan

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Download a sample project management business plan

Need help writing your business plan from scratch? Here you go; download our free project management business plan pdf to start.

It’s a modern business plan template specifically designed for your project management business. Use the example business plan as a guide for writing your own.

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About the Author

Vinay Kevadiya

Vinay Kevadiya is the founder and CEO of Upmetrics, the #1 business planning software. His ultimate goal with Upmetrics is to revolutionize how entrepreneurs create, manage, and execute their business plans. He enjoys sharing his insights on business planning and other relevant topics through his articles and blog posts. Read more

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Property Management Business Plan Template

If you want to start a property management business or expand your current one, you need a business plan.

Over the past 20+ years, we have helped over 7,000 entrepreneurs and business owners create business plans to start and grow their property management companies.

Below are links to each section of your property management business plan template:

Next Section: Executive Summary >

Property Management Business Plan FAQs

What is the easiest way to complete my property management business plan.

Growthink's Ultimate Property Management Business Plan Template allows you to quickly and easily complete your Property Management Business Plan.

What Is a Property Management Business Plan?

A business plan provides a snapshot of your property management business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.

Why Do You Need a Business Plan for a Property Management Company?

If you’re looking to start a property management business  or grow your existing property management business, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your property management company in order to improve your chances of success. Your property management business plan is a living document that should be updated annually as your company grows and changes.

What Are the Sources of Funding for a Property Management Business?

With regards to funding, the main sources of funding for a property management business are personal savings, credit cards, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.

The second most common form of funding for a property management business is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan.

Where can I download a Property Management Business Plan PDF?

You can download our free property management business plan template PDF here . This is a property management business plan template you can use in PDF format.

PROPERTY MANAGEMENT BUSINESS PLAN OUTLINE

• Property Mgmt Business Plan Home
• 1. Executive Summary
• 2. Company Overview
• 3. Industry Analysis
• 4. Customer Analysis
• 5. Competitive Analysis
• 6. Marketing Plan
• 7. Operations Plan
• 8. Management Team
• 9. Financial Plan
• 10. Appendix
• Property Mgmt Business Plan Summary

Other Helpful Business Plan Articles & Templates

Project Management Plan: Samples, Examples & Free Template

Learn how to create a project management plan that actually works and ensures you get your project over the line on time and on budget, with samples and examples

Table of Contents

What is a project management plan, what is a project management plan used for, what are the main elements of a project plan, how to write a project management plan, sample project management plan outline, using our project management plan template to build your project plan, project management plan: faq's.

A project management plan is a comprehensive document that outlines how a project will be executed, monitored, controlled and closed. For project managers and their teams, it's the ultimate toolkit for achieving their objectives while managing day-to-day pressures such as time, cost, scope, resourcing and risk. This guide outlines what a project management plan is used for, why it's important , and offers a step-by-step guide on how to make one that actually works.

Your project plan document is where you go deep on the ins, outs, overs, and unders of your project. It's where you break this vision down into the day-to-day execution of your project, covering everything you need to do to reach your project goals.

A detailed project plan will plot out everything from timelines to budget, resourcing to deliverables, and more, giving you a blueprint of what needs to be done (and when) that you can use to guide — and assess — your project.

The key components of a project management plan are:

Project Objectives

Scope Statement

Schedule Management

Cost Management

Resource Management

Communication Plan

Stakeholder Management

Procurement Management

Closure Criteria

Project Organization

Ready to get down to business? Here are 5 key things you need to do when writing a project plan.

1. Identify the baselines for your project

Before you begin writing a project plan, you need to make sure you have the basics down. Start by identifying the baselines for the project’s scope, schedule and cost, as the rest of your project planning will need to fit in around those constraints.

As mentioned above, these baselines should already be roughly outlined in your project charter — but here’s where you really start to map them out and create accurate estimates. And the more detailed, the better, because these are what you’ll be using for comparison to measure how your project performs.

2. Identify your project dependencies

Or in other words, ask yourself: what needs to happen before this other thing can happen? Identifying your project dependencies at the outset of your project means you can plan your timelines more efficiently, spot potential blockers, and ensure that you avoid unnecessary delays.

3. Identify project stakeholders

You’ll already have done the groundwork for this in your stakeholder analysis, but as you flesh out your project management plan and think through the phases of your project in more detail, you’ll likely start to find more project stakeholders at each phase.

Now is also a good time to go deeper on which stakeholders need to be informed and involved at which stages, for a more comprehensive stakeholder management plan you can use at each phase of your project.

4. Identify project milestones

What are the key markers of your project’s progress? It can be a concrete deliverable, the end of a phase in a stage-gate process — whatever milestones make sense to you, breaking your project down into manageable chunks, each with a defined goal, helps to keep the team motivated, allows you to celebrate each achievement, and signposts how the overall progress is coming along.  Learn more about using Milestones here .

5. Identify who’s responsible for what

Once you start to get a big-picture understanding of the work that’s needed and the resources you have to complete it, you can start deciding who should do what. Giving each item an owner is essential to getting things done. No more “oh, was I supposed to do that?” — once you identify who’s responsible for what, you can ensure accountability and transparency.

The 5 Stages of Team Development

All teams develop according to some natural patterns and using that knowledge, you can offer some guidance to build the kind of team that communicates well and finds better ways to collaborate and achieve the goals you’ve established. Here’s what you need to know.

Now let's go through a sample project plan. In the below example, we highlight the main sections of the plan and what needs to be included in each one to set your project up for success.

Section 1: Executive summary

The executive summary offers a concise overview of the entire project. It includes key highlights such as the project's purpose, objectives, scope, timeline, budget, and major stakeholders. It's often the first section stakeholders read to get a high-level understanding of the project.

Section 2: Project introduction

This section sets the stage by providing context and background information about the project. It explains why the project is being undertaken and introduces the main objectives and scope of the project.

Section 3: Project objectives

Here, the project's specific goals and objectives are outlined in detail. Objectives should be SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) to provide clarity and guidance.

Section 4: Project scope

The scope section defines what is included and excluded from the project. It helps prevent scope creep by establishing clear boundaries and also mentions any assumptions and constraints that may affect the project.

Section 5: Schedule management

This section details the project's timeline, including milestones and deadlines. It breaks down the project into tasks and identifies task dependencies. Often, visual representations like Gantt charts are used for clarity.

Section 6: Cost management

Here, the project budget is presented, including cost estimates for various project components. It may also outline cost control measures to ensure the project stays within budget.

Section 7: Quality management

This section focuses on the quality standards and objectives for the project. It describes quality control and assurance processes, as well as any inspection and testing procedures that will be implemented.

Project management template

Save time on setup without sacrificing attention to detail. With our project management template, you can quickly create project management plans that help you complete your project on time and on budget.

Section 8: Resource management

In this section, the project team is introduced, and roles and responsibilities are defined. It addresses resource allocation, scheduling, and, if applicable, procurement needs.

Section 9: Risk management

The risk management section identifies potential risks and uncertainties that could impact the project. It discusses risk assessment, prioritization, and mitigation strategies to reduce the impact of these risks.

Section 10: Communication plan

The communication plan outlines how project information will be shared with stakeholders and team members. It specifies communication methods, frequency, and reporting channels to ensure effective communication throughout the project.

Section 11: Stakeholder management

This section lists project stakeholders and analyzes their interests, influence, and expectations. It also outlines strategies for engaging and managing these stakeholders to ensure their needs are addressed.

Section 12: Procurement management

If procurement of goods or services is involved, this section explains the procurement strategy, vendor selection criteria, and how contracts will be managed.

Section 13: Change management

Change management procedures are detailed here, including how changes to the project scope, schedule, or other aspects will be requested, evaluated, approved, and communicated.

Section 14: Closure criteria

Criteria for determining when the project is complete and ready for closure are specified in this section. It may also include plans for project handover and post-project evaluation.

Section 15: Project organization

This section describes the project team's structure, roles, and responsibilities, ensuring everyone understands their positions and reporting lines. It may also mention external stakeholders and their roles if applicable.

Once you’ve documented your project management plan, bring it to life with a project management tool that will help you to stay on track, keep your team accountable, and promote transparency.

Here are 3 ways you can use Teamwork.com to supercharge your project management plan.

Add your supporting documentation to Teamwork Spaces

Use the Teamwork.com and Teamwork Spaces integration to link a project in Teamwork.com with a space in Teamwork Spaces, so your important project documents are only ever a click away.

Some documents you might want to add in addition to your project charter and project management plan include:

Scoping documents

Risk assessments

Change management plans

SOPs for important project processes

List of stakeholders and their roles

Outline of approval processes

Communications management plan

Any other best practices documentation or supporting info as necessary

You can even embed task lists into your pages and mark tasks as complete right from Teamwork Spaces, so you can keep work flowing without even needing to switch tabs.

Start adding your Milestones

Break down your work into Milestones and task lists that are going to help you reach them. With Teamwork.com, you can assign an owner to each Milestone, map out your Milestone due dates and see them represented in the project calendar, and even get a full change history for milestones so you can track any edits.

Visualize your task dependencies with a Gantt chart

Gantt chart-style views are a useful way to get a visual representation of your tasks and their dependencies, allowing for better scheduling and resourcing. In Teamwork.com, you can drag and drop to quickly rearrange your project schedule , without throwing everything out of order or straying off-plan.

Remember: software should support the way you work, not dictate it. So regardless of methodology or team type, create a project plan that works for you and your team — and find a tool that helps you put it into action.

Use our project plan template

Now that you know how to create a project management plan that actually works, you’re ready to implement using our team management software . To help you get up and running quickly, we’ve created a ready to use project plan template . Our project template will help you quickly create project plans that ensure all of your projects are completed on time and on budget

What is a project management plan template?

A project management plan template is a pre-designed framework that provides a structured format for creating a project management plan. It serves as a starting point for project managers and teams to develop their specific project plans, saving time and ensuring that key project management components are properly addressed.

How can a template help you build a great project management plan?

A template can help you build a great project management plan by saving time, ensuring comprehensive coverage of project management aspects, and incorporating industry best practices and visual aids for clarity. They also support collaboration, version control, and customization to fit the unique needs of each project, making them a valuable tool for project managers in achieving successful project outcomes.

What is the main purpose of a project management plan?

The main purpose of a project management plan is to provide a comprehensive and structured roadmap for successfully executing, monitoring, controlling, and closing a project. It serves as a central document that outlines project objectives, scope, schedule, budget, quality standards, resource allocation, risk management strategies, and communication approaches.

What tools do I need to help manage a project plan?

To effectively manage a project plan, you'll need a set of tools and software that cover various aspects of project management. These include project management software, communication and collaboration platforms, file and document management solutions, time and task tracking apps, and budgeting and financial management tools.

What steps are involved in the project planning process?

The steps involved in the project planning process include defining specific project objectives and scope, identifying deliverables and key milestones, budgets, risk assessment and quality control measures. It should also include a communication plan and stakeholder engagement strategies.

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Risk Management Action Plan

Many business owners, companies or even those who run universities can tell you this hard fact. There is always any kind of risk when you plan to do something . When managing a company, a business or even a university, there is no greater problem than having to find yourself in a lot of hazards and risks that may present itself. A lot of people would often think that with a lot of risks and hazards, what is the whole point of doing business? Of course some may say that when doing business risks are always present and that is true. But it does not mean that because you think it may be risky, you would simply give it up. 

There is always a way to resolve or to eliminate risks and depending on the severity of it and the situation you are in. When you think of solutions, you think of these as something that can be done immediately or at least in the long run. You think of ways to fight or to solve the issues regarding your business or company, or even any issues when running a university. But you may not immediately associate solutions with action plans . Making a risk management action plan is the right tool to help you eliminate the risks that cause the problems. 

10+ Risk Management Action Plan Examples

1. risk management action plan template.

2. Standard Risk Management Action Plan

Size: 406 KB

3. Risk Management Action Plan in PDF

Size: 641 KB

4. University Risk Management Action Plan

Size: 924 KB

5. General Risk Management Action Plan

Size: 148 KB

6. Formal Risk Management Action Plan

7. Proposed Risk Management Action Plan

Size: 305 KB

8. Club Risk Management Action Plan

Size: 429 KB

9. Risk Management Strategy Action Plan

Size: 186 KB

10. Risk Management System Action Plan

11. Risk Management Framework Action Plan

Size: 34 KB

What Is a Risk Management Action Plan?

As mentioned above a lot of people may not associate an action plan with the word solution for a risky type of issue. A risk management action plan is a tool used to outline in detail or in general form the goal to eliminate any risk that may threaten a company, a business or running a university. This risk management action plan consists of the following elements. Your goal, the objectives to this goal, the outlined details, the timeline and the list of strategies.

In addition to that, a good reason for using or for writing this kind of plan is to make sure that any issues, problems, hazards or risks that may threaten your goal would be eliminated. If not, at least it would be addressed as soon as possible. Another reason to be making this kind of plan is to be able to see the bigger picture. In a way that it allows you to measure out the good and the bad. As not all risks can destroy a goal, as well as not all goals have risks in it.

How to Write a Risk Management Action Plan?

Being able to know what to do to manage the risks that appear in your workplace is a good thing. But how to write a risk management action plan is another.

1. Define Your Goals

First thing is always first, defining the goals , vision and mission which can be optional in an action plan. Defining your goals means that you already have one or more set out for your action plan. Your goals can be as simple as eliminating a risk to a more complex one. Depending on how you may want to define your goal. As long as you write one.

2. Make a Timeline of Your Goals and Objectives

Once you have your goals all set up, it is time to write an outline or a timeline for your goal and objectives. The timeline helps by giving you a big picture of what you can expect to happen at a certain time. Of course others would prefer to make sure that the timeline of their goals and objectives will show them immediate results, so when plotting, you must be specific.

3. Write Your Strategic Steps to Resolve the Issues

The next step is to make strategic steps to resolve all the issues or the risks you made a list for. Making strategic steps also helps you by dictating where you should go first and where you should tread. It’s basically like a roadmap to getting a better view of what you are going to be doing and how you should do it. Without having to risk more than is necessary.

4. Setting up the Milestones in Your Action Plan

Milestones after milestones are necessary in your action plan. They give you a good view of where you went right and where you may have failed. Milestones are also a stepping stone for you to achieve your goal. Whether these milestones be small or huge, write them down.

5. Update Your Action Plan After Every Attempt

Lastly, updating your action plan after every attempt should also be a requirement. The reason for this is to make sure that what has worked for you when you were eliminating the risk may at one point work for a different kind. Especially in a different situation.

What is a risk management action plan?

A kind of action plan that focuses on managing any kind of risk. They are usually found in any kind of work or project that you may do. In addition to that, these risks presents itself in your work in any shape or form.

Why is it necessary to have an action plan made?

An action plan helps by maintaining your focus on the goal you plan to achieve. With this in mind, when you plan to have something to do, bear in mind an action plan can help you out.

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