Questions and Answers
What is the primary purpose of a project scope statement?
What is a component of the project management plan?
What is the hierarchical structure above a work package?
What is a performance measurement baseline typically established for?
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What contains several planning packages?
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What is broken up to a more granular level in a work breakdown structure (WBS)?
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What accompanies the work breakdown structure with details on its constituents?
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What is the planned schedule of the project after its approval by stakeholders?
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What is the output of the schedule development process?
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What is the primary purpose of a project scope baseline?
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What is a constituent of the performance measurement baseline?
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How many baselines make up a project plan?
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What is included in a project's scope baseline?
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Against what is a project's results and progress measured?
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What is the project scope statement a part of?
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Why is it important to agree on a single clear terminology in a project?
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What is the primary purpose of the schedule baseline in a project?
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What are the two essential components of a schedule baseline?
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What is typically included in the detailed components of a schedule baseline?
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What is the purpose of a Gantt chart in a project?
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What is the cost baseline in a project?
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What is included in both the schedule and cost baselines?
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What is not included in the schedule baseline?
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What is the primary tool used to develop the schedule model?
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Study Notes
Performance Measurement Baseline
- A performance measurement baseline is typically established for an entire project and can be broken down to a more granular level in a work breakdown structure (WBS).
- It consists of three baselines: project scope baseline, project schedule baseline, and project cost baseline.
Project Scope Baseline
- A scope baseline defines and documents the scope of a project clearly and in sufficient detail from the beginning.
- It is a bundle of scope-related documents that sets out the approved scope of a project.
- The scope baseline consists of:
- The approved project scope statement
- The work breakdown structure (WBS) including control accounts, planning packages, and work packages
- The associated WBS dictionary
- A project scope statement is a written definition of the project scope, describing the goals, main deliverables, and other characteristics of a project.
- A work breakdown structure (WBS) refers to the breakdown of project deliverables into smaller, manageable pieces of work.
- The WBS dictionary accompanies the work breakdown structure with details on all its constituents, including an identifier, an outline of the work, responsibilities, assumptions, and estimations.
Project Schedule Baseline
- A schedule baseline is the planned schedule of the project after its approval by relevant stakeholders.
- It is typically the output of the schedule development process and becomes a component of the project management plan.
- The schedule baseline is used to measure and monitor the performance of a project.
- A schedule baseline comprises:
- The documented planned project schedule (sometimes referred to as a schedule model)
- The approval by the relevant stakeholders
- The detailed components of the schedule baseline may vary among projects, but essential information reflected in the baseline includes:
- Sequence of project activities
- Dependencies between activities, including leads and lags
- Activity durations
- Planned/baselined start and finish dates of activities
- Underlying assumptions and constraints
- Resource requirements
- Other elements necessary for the schedule planning of the project
Project Cost Baseline
- A cost baseline is the budget allocated to project activities based on cost estimates.
- Both the schedule and cost baselines include contingency reserves but do not contain management reserves.
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Description
Learn about performance measurement baseline in project management, including its establishment, breakdown, and components in a work breakdown structure (WBS).