ISMN-5370 EXAM 2 STUDY GUIDE
Scope - Answers :
Decomposition - Answers :A method used for dividing and subdividing the project scope
and project deliverables into smaller, more manageable parts.
Work package - Answers :The work defined at the lowest level of the work breakdown
structure for which cost and duration are estimated and managed.
Break-even analysis - Answers :Break-even analysis entails calculating and examining
the margin of safety for an entity based on the revenues collected and associated costs
-shows how many sales it takes to pay for the cost of doing business
Scope Validation - Answers :Process of ensuring that the product, service, or result of
the project matches the documented scope
-Concerned with Completeness
-Concerned with Acceptance of product by project manager, sponsor, customer, and
others
-If project is cancelled before completion, Validate Scope should be performed to
document where the product was in relation to the scope at the point when the project
ended
Outputs:
• Acceptance of Deliverables
• Work Performance Information
Prototyping - Answers :A working model used to obtain early feedback on the expected
product before actually building it.
Project Scope Management Processes - Answers :1) Plan Scope Management
- Scope Management Plan, Requirements Management Plan
2) Collect Requirements
- Requirements Documentation, Requirements Traceability Matrix
3) Define Scope
- Project Scope Statement
4) Create WBS (Work breakdown structure)
- Scope Baseline
5) Validate Scope
- Accept Deliverables
6) Control Scope
- (Scope) Change Requests, Work Performance Information
