Project Scope Facts

Projects are temporary endeavors to create a unique product or service. Projects are selected by one of two methods:

• Benefit measurement methods These include scoring models, cost-benefit ratios, and economic models.

• Constrained optimization models These include mathematical models based on linear, integer, and dynamic programming. (You probably won't see constrained optimization on the CAPM exam.)

The project scope defines all of the required work, and only the required work, to complete the project. Scope management is the process of ensuring that the project work is within scope and protecting the project from scope creep. The scope statement is the baseline for all future project decisions, as it justifies the business need of the project. There are two types of scope:

• Product scope Defines the attributes of the product or service the project is creating

• Project scope Defines the required work of the project to create the product

Scope verification is the process completed at the end of each phase and of each project to confirm that the project has met the requirements. It leads to formal acceptance of the project deliverable.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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