The Project Execution Plan (PEP) is a required baseline project document that establishes roles and responsibilities, and describes in detail the manner in which a project is to be managed and executed. The PEP and the project Acquisition Strategy shall developed at the same time and shall be synchronized. The following sections provide an example of what information is to be included in PEP. Each PEP shall be tailored to the needs of the project.

The intent of PEP is to provide communication and documentation (evidence) that applicable management principles and practices have been sufficiently addressed to provide predictability and adequate management control of a project. As the project evolves, the PEP is used and, as necessary, maintained current through a controlled revision process.