Careers Project Management How to Plan a Long-Term Project

How to Plan a Long-Term Project

Planning and managing a long-term project presents special challenges. Often the work you perform a year or more in the future depends on the results of the work you do between now and then. Even if you can accurately predict the work you’ll perform later, the farther into the future you plan, the more likely it is that something will change and require you to modify your plans.

When developing a work breakdown structure (WBS) for a long-term project, use a rolling-wave approach, in which you continually refine your plans throughout the life of your project as you discover more about the project and its environment. The rolling-wave approach acknowledges that uncertainties may limit your plan’s initial detail and accuracy, and it encourages you to reflect more accurate information in your plans as soon as you discover it.

Apply the rolling-wave approach to your long-term project by taking the following steps: