What does a project charter formally do?
A project charter formally authorizes a project or phase and summarizes its objectives, success criteria, major risks, milestones, budget parameters, sponsor, and the project manager’s authority.
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What does a project charter formally do?
A project charter formally authorizes a project or phase and summarizes its objectives, success criteria, major risks, milestones, budget parameters, sponsor, and the project manager’s authority.
What does project governance establish?
Governance defines decision rights, oversight, accountability, escalation, and approvals. It should fit project risk and complexity while enabling timely decisions.
What is the purpose of a work breakdown structure?
A work breakdown structure organizes the total project scope into manageable work packages. It supports estimating, assigning responsibility, scheduling, and tracking; it is not merely a task list.
What does the critical path determine?
The critical path is the longest-duration path through a schedule network and determines the earliest possible completion under the modeled assumptions. Its activities have no total float.
What is a cost baseline?
A cost baseline is the approved, time-phased budget used to measure and manage project cost performance.
What is the purpose of quality planning?
Quality planning decides which standards apply and how the project will meet them. It establishes expectations, measurable standards, acceptance criteria, review methods, and responsibilities before work is performed.
What does resource planning coordinate?
Resource planning identifies needed capabilities and quantities, when they are required, roles and decision authority, and availability against calendars and other commitments.
What should happen before a material project change is approved?
Before approving a material change, clarify its reason and analyze impacts across scope, schedule, cost, quality, resources, risks, contracts, and outcomes. Obtain an authorized decision, then update plans and communicate it.
What does adaptive planning refine over time?
Adaptive teams refine detailed requirements over time, often using a prioritized product backlog. Flexibility does not remove the need to manage objectives, constraints, dependencies, and stakeholder expectations.
How does a business case differ from a project charter?
A business case explains the rationale for an investment and compares options, costs, benefits, and risks. A charter authorizes the project; the two are related but not interchangeable.
What is scope creep, and how can it be reduced?
Scope creep is uncontrolled expansion of scope. Reduce it by clarifying requirements and boundaries, making proposed changes visible, and evaluating their effects—not by automatically rejecting every request.
How do fast-tracking and crashing differ?
Fast-tracking overlaps activities and can increase rework risk. Crashing adds resources to shorten critical-path work and can increase cost.
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