A Project Execution Plan (PEP) is the governing document for the project operation and management that establishes in appropriate terms what will be done to meet the project scope and contractual requirements. A PEP is to describe a project specific plan in strategic and tactical way, addressing the most effective method and maximise efficiency in the project execution, and the project specific actions complying to project goals and objectives, and the clear scope of work and other critical responsibility as agreed in the contract as well as detailed Project Risk management plan including risk items and mitigation plans which was assessed and evaluated during the proposal stage, and action plans for the project execution in accordance with the company risk management procedure. A PEP is developed by the project key participants led by the project manager that is one of the project baseline documents, and should be approved by company management prior to publishing or applying. A PEP is a live document and should be updated with current and future project plans and procedures.
Related Definitions in the Project: The Project Management; Project Execution Plan (PEP); Project Baseline
