Scope Managament

Front 1

What is Scope Management

Back 1

Scope Management is the process of defining what work is to be done and making sure only that work is done nothing extra (Gold Plating) is done

Front 2

Project Scope

Back 2

The work that you need to deliver. A description of all the required work, and only the required work, to complete the project.

Front 3

Scope baseline

Back 3

Consists of Project scope statement, WBS, WBS Dictionary. If scope baseline is met then project is successful.

Front 4

Scope management plan

Back 4

Contain how will scope be planned, executed and controlled

Front 5

Define Scope

Back 5

Defines what is in and what is not in the project. Includes deliverables, boundaries, and requirements.
The purpose of defining scope is to clearly describe and gain agreement on the logical boundaries of your project.
1.Deliverables.
2.Boundaries. Boundary statements help to separate the things that are applicable to your project from those areas that are out of scope.
Scope is usually defined by:

•Project Business Need
•Project Goals
•Product Description
•Project Customer, Project Sponsor, Project Manager
•Project in Scope, Out of Scope
•Project Critical Success Factors
•Project Assumptions
•Project Constraints
•Project Deliverables

Front 6

Scope Statement

Back 6

Scope statements are used to define what is within the boundaries of the project and what is outside those boundaries.
Defining a project’s scope helps establish a common understanding for all project stakeholders. It is the foundation on which the schedule, budget and staffing plans are built.

Front 7

Collect Requirements

Back 7

Documentation of Stakeholder's needs to meet the project objectives

Front 8

Scope Verification

Back 8

It is customer acceptance of completed project deliverables.

Front 9

WBS

Back 9

A work breakdown structure (WBS) is breaking a project deliverables/work onto into smaller, more managable components in a hierarchical structure

Front 10

Work Package

Back 10

The smallest component in WBS

Front 11

WBS Dictionary

Back 11

Reference tool to explain the WBS components, the nature of the work package, the assigned resources, and the time and billing estimates for each element.

Front 12

Decomposition

Back 12

The process of breaking down the major project deliverables into smaller, manageable components.

Front 13

80/80 Rule

Back 13

No work package smaller than eight hours and no work package larger than 80.

Front 14

Time value of money

Back 14

An economic model to predict what the future fiscal value may be based on current fiscal value. The time value of money can also reverse-engineer what predicted monies are worth in todays value.