What are involved in project planning? Give examples. (500 words)

Introduction (100 words)
- Transiently acquaint the planning process is defined as setting up the goals, bounds, timeline, resources, and risks that were to be used to achieve the project successfully.

Injection of Highlights in the Project Planning (300 words)
- Developing project objectives and indications of progress.
- Example: The first thing to identify is the want and necessity of the new software and the features it should have to meet the business needs that will explain what the software should do.

- The preparation of a project scope statement should be performed thoroughly.
- Example: Sketching all the tasks and processes should be followed for the software development.

- Such task-based structure
- Example: The desegregation of the software project into the module, code task, testing activity people etc.

- Whereas developing a scheduling plan with milestones may become realistic.
- Example: Developing a vertical Gantt chart with which all activities (requirements gathering to user acceptance testing) go through step-by-step and their timeframe is represented.

- Estimating resource needs
- Example: Allocating the right programmers, testers, devices and the necessary budget is necessary.

- Identifying and implementing the appropriate security measures in response to the existing risks.
- Example: Determining the technical problems or the source of constraints in a project that could result to the failure to deliver on time and therefore identifying the ways of minimizing them.

Conclusion (100 words)
- Putting an end to this question, you will have to summarize the key project planning components that have been addressed in the answer and stress the importance of proper planning to ensure successful project execution.