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The project owner, sponsors, and stakeholders [2] The problem statement [3] [4] The project goals and objectives [1] The project requirements [1] The project deliverables [1] The project non-goals (what is out of scope) [1] Milestones [2] Cost estimates [1] In more project oriented organizations the scope statement could also contain these and ...
In the original work, the highest level of the goals breakdown structure is the project's goal or mission statement. This layer exhibits slightly different characteristics to the other tiers as its primary objective differs. The goal of the project mission or goal statement is to maintain the focus of the project team and stakeholders.
A statement of work (SOW) is a document routinely employed in the field of project management. It is the narrative description of a project's work requirement. [1]: 426 It defines project-specific activities, deliverables and timelines for a vendor providing services to the client. The SOW typically also includes detailed requirements and ...
3. Better Productivity. Project management is important because it ensures there’s a proper plan that outlines a clear focus and objectives to allow the team to execute on strategic goals.
WBS is a hierarchical and incremental decomposition of the project into deliverables (from major ones such as phases to the smallest ones, sometimes known as work packages). It is a tree structure, which shows a subdivision of effort required to achieve an objective, for example, a program, project, and contract. [6]
In many cases, the objective of project management is also to shape or reform the client's brief to feasibly address the client's objectives. Once the client's objectives are established, they should influence all decisions made by other people involved in the project– for example, project managers, designers, contractors and subcontractors.
A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, [1] typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with ongoing business operations. [2]
A deliverable may be composed of multiple smaller deliverables. It may be either an outcome to be achieved (as in "The corporation says that becoming profitable this year is a deliverable") or an output to be provided (as in "The deliverable for the completed project consists of a special-purpose electronic device and its controlling software").