Podcast
Questions and Answers
What is the primary purpose of a project scope statement?
What is the primary purpose of a project scope statement?
- To detail project performance measurement baseline
- To describe project goals, main deliverables, and characteristics (correct)
- To define project schedule baseline
- To outline project cost baseline
What is a component of the project management plan?
What is a component of the project management plan?
- WBS dictionary
- Performance measurement baseline
- Project scope statement
- Project schedule baseline (correct)
What is the hierarchical structure above a work package?
What is the hierarchical structure above a work package?
- Project scope statement
- WBS dictionary
- Control account
- Planning package (correct)
What is a performance measurement baseline typically established for?
What is a performance measurement baseline typically established for?
What contains several planning packages?
What contains several planning packages?
What is broken up to a more granular level in a work breakdown structure (WBS)?
What is broken up to a more granular level in a work breakdown structure (WBS)?
What accompanies the work breakdown structure with details on its constituents?
What accompanies the work breakdown structure with details on its constituents?
What is the planned schedule of the project after its approval by stakeholders?
What is the planned schedule of the project after its approval by stakeholders?
What is the output of the schedule development process?
What is the output of the schedule development process?
What is the primary purpose of a project scope baseline?
What is the primary purpose of a project scope baseline?
What is a constituent of the performance measurement baseline?
What is a constituent of the performance measurement baseline?
How many baselines make up a project plan?
How many baselines make up a project plan?
What is included in a project's scope baseline?
What is included in a project's scope baseline?
Against what is a project's results and progress measured?
Against what is a project's results and progress measured?
What is the project scope statement a part of?
What is the project scope statement a part of?
Why is it important to agree on a single clear terminology in a project?
Why is it important to agree on a single clear terminology in a project?
What is the primary purpose of the schedule baseline in a project?
What is the primary purpose of the schedule baseline in a project?
What are the two essential components of a schedule baseline?
What are the two essential components of a schedule baseline?
What is typically included in the detailed components of a schedule baseline?
What is typically included in the detailed components of a schedule baseline?
What is the purpose of a Gantt chart in a project?
What is the purpose of a Gantt chart in a project?
What is the cost baseline in a project?
What is the cost baseline in a project?
What is included in both the schedule and cost baselines?
What is included in both the schedule and cost baselines?
What is not included in the schedule baseline?
What is not included in the schedule baseline?
What is the primary tool used to develop the schedule model?
What is the primary tool used to develop the schedule model?
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).