Answer:
The correct answer is letter "C": Planning.
Explanation:
The project management plan is a process that involves all the steps necessary to create and put into practice a project within a firm. It is composed of five (5) stages: initializing, planning, executing, monitoring and controlling, and closing.
In the planning stage, firms generate a budget, establish the teams of work and assign them the responsibilities they will be in charge following the project, develop a schedule, and determine the reports that will measure the project's success by the end of the project.