The project management plan is a document that describes the project management system used by a project team. The objective of a project management plan is do define the approach to be used by the Project team to deliver the intended project management scope of the project. The project manager creates the project management plan following input from the project team and key stakeholders. The plan should be agreed and approved by at least the project team and its key stakeholders. The project management plan typically covers topics used in the project execution system and includes the following main aspects: - Scope Management; - Schedule Management; - Financial Management; - Quality Management; - Resource Management for resources like people, tools and others; - Communication Management; - Project Change Management; - Risk Management; and - Procurement Management It is good practice and mostly required by large consulting and professional project management firms, to have a formally agreed and version controlled project management plan approved in the early stages of the project, and applied throughout the project.