project management unit 2

Project charter

Formally authorizes a project. Initial requirements (budget & scope)

Statement of work

A story about what you’re going to do on a project

4 areas in a statement of work

Objectives, scope, key assumptions, acceptance

What is a business case

Not for the customer. Prices the company can make money from the project

Contract

Written by a lawyer, obligates seller to provide product/service & obligates lawyer to pay for it

What does the project management tell us?

Any actions necessary to define, prepare, interagency and coordinate a project

What does the project management plan include?

Blueprints, defines project, summary of other plans, overview of the project

How to change a project management plan?

Change control process

What does the baseline tell us?

A fixed measure standard. Measures the performance of the project

Types of baselines

Schedule baseline. Cost performance baseline. Scope baseline

What does schedule baseline prevent

Procrastination

What does cost performance baseline prevent

Overspending

What does scope baseline prevent

Gold plating and scope creep