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Project Management Plan contains all other plans, it's answering how you want to do your project, it has13 other plans inside it, and3 baselines (according to PMBOK), but you can have as many project plans as you want, including a project execution plan, in which answers how you would execute.
There are many differences between the project plan and project management plan. Some of them are as follows:
Project Execution Plan deals with day to day activity wise schedule .
While
Project Management Plan includes A to Z of requirement for a Project.
Project Management plan is that how are you going to plan the project. For example, How are you going to define the project scope; how the budget will be prepared; what is going to be the change mechanism etc etc.
On the other hand the project execution plan is actually your project implementation plan that how are you going to execute the Project Management Plan.
The dfferent is big Plan what I will do, when, how, by whom, why.
But execution is just the appling of the plan.
Project execution plan is nothing but the integrated result of followingbaselines and plans
3 baselines:
scehdule baseline: when to do
scope baseline: what is to be done and what is not to be done
Cost Baseline:at what cost work will be performed
HR Plan: Who will execute
Procurement Plan: What resources will be acquired to execute a particular activity
Quality Plan: What is the process to do the work and how the output/outcome will be tested/inspected/gauged and how process will be improved
Risk management Plan and Document: what are the risks associated with the particular activity and how risks will be avoid mitigated or accepted.
Change management Plan: guides who can trigger a change request (if it is not possible to perform an activity according to plan) who will asses the change and alternatives, and procedure to call a meeting.
Now if you have formal or informal understanding of how you will carry out the work keeping all above in mind that is your execution plan.