Which of the following is developed from the project scope baseline and defines only that portion of the project scope that is to be included within a related contract?
Answer(s): B
12.1.3.2 Procurement Statement of WorkThe statement of work (SOW) for each procurement is developed from the project scope baseline and defines only that portion of the project scope that is to be included within the related contract. The procurement SOW describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products, services, or results. sufficient detail can vary based on the nature of the item, the needs of the buyer, or the expected contract form. Information included in a SOW can include specifications, quantity desired, quality levels, performance data, period of performance, work location, and other requirements.The procurement SOW is written to be clear, complete, and concise. It includes a description of any collateral services required, such as performance reporting or post-project operational support for the procured item. In some application areas, there are specific content and format requirements for a procurement SOW. Each individual procurement item requires a SOW; however, multiple products or services can be grouped as one procurement item within a single SOW.The procurement SOW can be revised and refined as required as it moves through the procurement process until incorporated into a signed agreement.
Which of the following strategic considerations often results in project authorization?
Answer(s): D
In which Process Group are lessons learned documented?
Tools and techniques used for Plan Communications include the communication:
Answer(s): A
In Project Cost Management, which input is exclusive to the Determine Budget process?
7.3.1.6 Resource CalendarsDescribed in Sections 9.2.3.2 and 12.2.3.3. Resource calendars provide information on which resources are assigned to the project and when they are assigned. This information can be used to indicate resource costs over the duration of the project.9.2.3.2 Resource CalendarsResource calendars document the time periods that each project team member is available to work on the project.Creating a reliable schedule (Section 6.6.3.1) depends on having a good understanding of each person’s availability and schedule constraints, including time zones, work hours, vacation time, local holidays, and commitments to other projects. 12.2.3.3 Resource CalendarsThe quantity and availability of contracted resources and those dates on which each specific resource or resource group can be active or idle are documented.Process: 7.3 Determine BudgetDefinition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.Inputs1. Cost management plan2. Scope baseline3. Activity cost estimates4. Basis of estimates5. Project schedule6. Resource calendars7. Risk register8. Agreements9. Organizational process assetsTools & Techniques1. Cost aggregation2. Reserve analysis3. Expert judgment4. Historical relationships5. Funding limit reconciliationOutputs1. Cost baseline2. Project funding requirements3. Project documents updates
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