2. Project Management Process involves planning the work and then working the plan The Planning process determines what needs to be done (scope, deliverables), how it will get done (activities, sequence) who will do it (resources, responsibility), how long it will take (durations, schedule), and how much it will cost (budget). It includes the following 7 steps.

Describe each step.

1. Establish a project objective:

2. Define scope:

3. Create a work break down structure:

4. Assign responsibility

5. Define specific activities:

6. Sequence activities:

7. Estimate time resources:

8. Estimate durations:

9. Develop project schedule:

10. Estimate activity costs:

11. Determine budget: