Definitions

Question 1

Define Scope

Answer 1

The totality of outputs, outcomes and benefits and the work required to produce them.

Question 2

Define scope management?

Answer 2

The process whereby the outputs, outcomes and benefits are identified, defined and controlled.

Question 3

Expand SMART

Answer 3

Specific
Measurable
Attainable
Relevant
Time bound

Question 4

Expand MOSCOW

Answer 4

Must Have
Should Have
Could Have
Would Have

Question 5

Expand VUCA

Answer 5

Volatility
Uncertainty
Complexity
Ambiguity

Question 6

Expand SWOT

Answer 6

Strengths
Weaknesses
Opportunities
Threats

Question 7

Expand PESTLE

Answer 7

Political
Economic
Sociological
Technological
Legal
Environmental

Question 8

Expand BATNA

Answer 8

Best Alternative To a Negotiated Agreement

Question 9

Expand ZOPA

Answer 9

Zone Of Possible Agreement

Question 10

Expand PMP

Answer 10

Project Management Plan

Question 11

Expand BCWS

Answer 11

Budgeted Cost of Work Scheduled

Question 12

Expand NPV

Answer 12

Net Present Value

Question 13

Expand PMO

Answer 13

Project, (Programme, Portfolio) Management Office

Question 14

Expand IRR

Answer 14

Internal Rate of Return

Question 15

Expand CPD

Answer 15

Continuing Professional Development

Question 16

Expand BIM

Answer 16

Business Information Modelling

Question 17

Expand CBS

Answer 17

Cost Breakdown Structure

Question 18

Expand OBS

Answer 18

Organisational Breakdown Structure

Question 19

Expand PBS

Answer 19

Product Breakdown Structure

Question 20

Expand WBS

Answer 20

Work Breakdown Structure

Question 21

Expand BAU

Answer 21

Business As Usual

Question 22

Expand ROI

Answer 22

Return On Investment

Question 23

Expand WACC

Answer 23

Weighted Average Cost of Capital