The SDLC planning phase includes these key steps:
1. Define project scope: Identify project goals, software features, and constraints like budget and timeline.
2. Analyze requirements: Work with stakeholders to document their software needs.
3. Develop project plan: Create a plan detailing tasks, resources, and the project timeline.
4. Manage risks: Identify and address potential project risks.
5. Establish communication plan: Develop a plan for effective stakeholder communication.