What is a planning product?

A planning product encompasses the tangible outputs generated during the planning phase of a project. These outputs are essential as they provide a structured approach to defining the project's scope, objectives, activities, timelines, and resources. For example, the Work Breakdown Structure (WBS) is a crucial planning product that breaks the project into smaller, more manageable components, allowing for better estimation and scheduling. Similarly, defining the project's scope helps clarify what will be included and excluded from the project.

The importance of planning products lies in their role in coordinating the project team and ensuring all stakeholders have a clear understanding of the project deliverables. They serve as foundational documents that guide the execution and monitoring of project activities. By establishing a detailed framework in this stage, planning products maximize the chances of project success and alignment with strategic objectives.