What Is the Project Scope

question 83

Multiple Choice

What is the project scope?

• A)an individual who is an expert in project planning and management, defines and develops the project plan, and tracks the plan to ensure that the project is completed on time and on budget
• B)a description of the business need (the problem the project will solve) and the justification, requirements, and current boundaries for the project
• C)a formal, approved document that manages and controls the entire project
• D)a graphical representation of the processes that capture, manipulate, store, and distribute information between a system and its environment

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Definitions:

Balanced Scorecards

A strategic planning and management system used in business and industry to align business activities to the vision and strategy of the organization by monitoring performance against strategic goals.

Executive Pay

The compensation and benefits package awarded to corporate executives, including salary, bonuses, and stock options.

Scanlon Plan

A type of gain-sharing program that rewards employees for contributions to the company's efficiency and profitability.

Productivity

A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.