What should project managers act to manage the very first project?

1. First Project Planning Steps

2. First project planning steps
The first project is your chance to express yourself as a professional PM. Your
specific project, planning and documentation may surely vary depending on the
PM methodology you've chosen, the industry and market streams. The following
steps will assist you to create a foolproof project plan and lead your team
successfully. And this intro will get you off to a good start.
The First Project Planning Steps

3. First Project Planning Steps
Make the meeting with stakeholders positive
Stakeholders are the people who're affected by the results of your project. It's
about your customers as well. Make sure you identify all categories of
stakeholders and keep in mind their interests while planning all project activities.
It's rather important to initiate the first meeting with key stakeholders and the
project sponsors to discuss their needs and expectations. During this meeting,
you will be able to establish baselines for project scope, timelines, and budget.

4. First Project Planning Steps
Set goals and prioritize
When you have a set of stakeholders' needs and requirements, it's a high time
to prioritize them and set specific project goals. The objectives of the project
and the benefits you hope to accomplish should be also outlined.
Luckily, today project managers may choose one of the popular prioritization
techniques and apply it for their projects. It can be anything quick-applied or
more complex such as MoSCoW prioritization technique or Kano model.

5. First Project Planning Steps
Define the big steps and break down the smallest
It is a time to start putting together your WBS (Work Breakdown Structure).
You'll breakdown your WBS and need to start thinking about the activities that
are big issues to go along the top level of the hierarchy.
When you’ve determined the big steps, you can break them down into smaller
chunks of work.

6. First Project Planning Steps
Plan and schedule
Creating an appropriate project schedule is a mandatory part of PM's work. To
make it better, you should revise each deliverable and define the tasks that
need to be completed. Define the amount of time it will take and the resources
needed.
The next thing is identifying dependencies. Here you may use a smart Hygger
roadmap to input project dependencies and milestones, plan terms and share
all this stuff with your colleagues.

7. First Project Planning Steps
Keep risks in mind
Complete a risk assessment because there is no project without risks. Hoping
for the best is not the best solution, that's why it's better to be prepared for any
unexpected situation.
You may consider the steps you could take to either prevent certain risks from
happening together with the product owner or product manager. It will help to
create a risk management strategy.

8. First Project Planning Steps
Present the project
When your plan and schedules are ready, you can present them to
stakeholders. Pay attention to all details and explain how your plan addresses
their expectations.
Avoid monologues. There should be discussing points. In addition, make sure
stakeholders know exactly what's expected of them. Do not forget to update
your plan as the project makes progress continually.
And that’s it!