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Meaning of planning package

 

 

 

Planning Package

 

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Business project management glossary

 

Meaning of term planning package :

 

A logical aggregation of far-term work within a cost account that can be identified and budgeted but not yet defined into work packages. Planning packages are identified during the initial baseline planning to establish the time phasing of the major activities within a cost account and the quantity of the resources required for their performance. Planning packages are placed into work packages consistent with the rolling wave concept prior to the performance of the work.

 

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Planning Package

 

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Meaning of term planning package

 

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