All of these factors play into determination of the scope of the project and the subsequent steps of
developing the schedule and budget for the project and assigning roles and responsibilities.
As with all projects, communication plans are important for M&A projects. There are a number of
disparate groups involved. M&A projects typically involve most corporate business groups including
finance, tax, HR, IT, compliance, audit, and legal. Depending on the nature of the transaction, they also
typically involve a number of outside parties such as the buyer’s and seller’s outside counsel, the buyer’s
lender and lender’s counsel, investment banker or broker, independent accounting and tax advisors, and
also may involve other service providers. The communication plan for an M&A project would need to take
into consideration all these groups and specify which players should receive which communications and when.
Because of the sensitive nature of the project, the plan would also need to specify who has access to what level
ACC Resources: Scope
Sample Project Definition Template – Prudential Financial
Sample DONE Statement – Prudential Financial
Sample DONE Statement Challenge – Prudential Financial