Project Management Consulting Business Plan Sample Template

As a project management consultant, it’s one thing to perform or offer your services and another to set up a thriving business operation.

The latter tends to be more demanding and even more challenging during planning phases. Many people fail to develop effective consulting business plans due to a lack of understanding of how the process should go.

PROJECT MANAGEMENT CONSULTING BUSINESS PLAN PDF SAMPLE

With this project management consulting business plan template, you should have more clarity on what it takes to get the job done.

Here, we’ll be looking at the different aspects of developing a great plan with the primary goal of providing you with the needed guidance you need.

Key Sections Of A Business Plan For Project Management

When creating a great project management consulting plan, you’ll have to figure out its systematic nature. This requires including specific critical components without which your plan won’t be comprehensive or complete.

Here, we’re referring to the sections that include the executive summary and company description.

Others include the products & services section, market analysis, strategy & implementation, organization & management team, and the financial plan & projection sections.

All of these are vital to the overall picture of the plan.

For further clarity, we’ll be discussing each of these points.

i. Executive Summary

The executive summary section of a project management consulting business plan should present the plan’s contents in a highly condensed form. Here, the contents should be around two pages on average.

This section allows you quickly present your interests within a few minutes.

Through the executive summary, you want to stimulate and hold your audience’s interests by making them seek further details in the preliminary plan.

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The executive summary appears at the beginning of the plan but is best written last. All the main sections of the plan are presented.

Also presented within the executive summary are details like the business name & location, the products & services offered, mission & vision statements, and the specific purpose of the plan.

These are crucial and key to giving your audience clarity about your plan.

To understand your project management consulting business, you need to state its identity clearly. Here, the business’s identity requires giving its name.

This is a good starting point for your audience to follow your business idea. You should also state the location you’ve chosen for your consulting business.

As a service-based business, you’ll need to mention its services. Your audience will want to know what you do as a business.

Now, you should exercise caution to ensure you don’t dwell too much on the details of the services provided. You’ll need only to state the basics and leave the details for later (main products and services section).

Your mission statement should define your line of business and should also state the purpose for its existence.

Although short, the mission statement should be able to communicate who your customers are, what services you provide, and where you operate.

On the other hand, the vision statement should represent the mental picture of where you want your project management consulting business to be at a certain point in the future.

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In other words, it should clearly describe your aspirations for the business.

The specific purpose of your plan is crucial and serves as a guide for readers to know exactly what you plan on achieving with it.

ii. Business Description

Several areas need to be covered when it comes to the business description.

These include the legal structure you’ve chosen to operate under and a summary of your short and long-term goals. Also, you need to clearly explain how you plan on making a profit through your services.

Please provide a brief history of your project management consulting business and its nature. You’ll need to state the needs or demands you plan on supplying or meeting. A summary of business growth will also be in order.

Additional details may include financial or market highlights.

What more? Has an overview of your services clearly outlined with information on customers also provided?

iii. Services Offered

Under the services section of your plan, a detailed look at what you sell will be necessary.

You will need information such as service costs and the net revenue expected from sales. It’s vital to mention the services you offer, emphasizing customer benefits.

What’s the market role of your services, and what advantages do such have over those from your competitors?

Include any research and development activities that may lead to the development of new services or products.

iv. Market Analysis

The market analysis section is where a lot of research needs to be done. This allows you to showcase your knowledge of the industry.

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As part of the requirements for this section, you’ll have to present a sketch of your targeted customer segments with size and demographics.

An assessment of your competitor’s strengths and weaknesses is essential. This is in addition to providing an industry description and outlook with supporting statistics. What more?

Historical, current, and projected marketing data for services and products must be clearly stated.

v. Strategy & Implementation

Sales and marketing strategies for your project management consulting business are essential to achieving meaningful growth. Information presented here should include details on pricing, costs, and promotions.

Provide information on how you intend to promote or sell your business to customers.

What are your labor sources, and how many employees do you wish to have? You’ll need to discuss your plan on functioning and how you’ll enter the market.

vi. Organization & Management Team

Your organization and management section should include a chart describing departments and key employees. Also necessary is information on owners such as names, percentage ownership, and extent of involvement.

Also, present the profile of your management team. Such should include their names, positions, primary responsibilities, and experience.

vii. Financial Plan & Projection

Under the financial plan and projection section, certain key areas are analyzed; they include the historical financial data, practical prospective financial information, and an analysis of financial data.

This project management consulting business plan highlights all the critical sections considered necessary. With these guiding you, you should get the outcomes you expected.

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