PMO Smartsheet Questions and
Solutions | Grade A+
Assumptions
✔️: An expectation, considered to be true, on which the project is based.
Baselining
✔️: The point where a project is now under control, typically when the schedule, cost, and
scope of the project have been officially approved with a signed charter. Project success is
measured against it.
Triple Constraint
✔️: The intersection of the 3 factors listed above (schedule, cost, scope). You cannot change
any of these without affecting at least one of the other two.
Schedule
✔️: How long the project will take.
Cost
, ✔️: How much the project will cost in financial terms.
Scope
✔️: The specifics of what the project is supposed to accomplish to include scope statement,
project objectives, and project success criteria. A list of each product deliverable including
requirements and boundaries.
Scope Statement
✔️: A narrative description of the scope that tells a story.
Project Objectives
✔️: The overall aims of the project and why it is necessary.
Project Success Criteria
✔️: What success will look like.
Brief Business Case
✔️: Provides justification for undertaking a project. It evaluates the benefit, cost and risk of
alternative options and provides a rationale for the preferred solution.
Solutions | Grade A+
Assumptions
✔️: An expectation, considered to be true, on which the project is based.
Baselining
✔️: The point where a project is now under control, typically when the schedule, cost, and
scope of the project have been officially approved with a signed charter. Project success is
measured against it.
Triple Constraint
✔️: The intersection of the 3 factors listed above (schedule, cost, scope). You cannot change
any of these without affecting at least one of the other two.
Schedule
✔️: How long the project will take.
Cost
, ✔️: How much the project will cost in financial terms.
Scope
✔️: The specifics of what the project is supposed to accomplish to include scope statement,
project objectives, and project success criteria. A list of each product deliverable including
requirements and boundaries.
Scope Statement
✔️: A narrative description of the scope that tells a story.
Project Objectives
✔️: The overall aims of the project and why it is necessary.
Project Success Criteria
✔️: What success will look like.
Brief Business Case
✔️: Provides justification for undertaking a project. It evaluates the benefit, cost and risk of
alternative options and provides a rationale for the preferred solution.
