Hello I have the below 13 questions related to Introduction

Hello , I have the below 1/3 questions related to Introduction to Project management . Each question carries 5 marks & hence request your kind to please keep it detailed & upto mark for maximum watage. Thanks.

Explain in detail concepts of SCOPE STATEMENT and its critical importance in Project. Distinguish between Product Scope and Project Scope.

Examine and critically analyze the concept of STAKE HOLDER MANAGEMENT as indicated in PMBOK

Solution

Scope statement contains the description of the product and service to be offered. It also describes the work which will be done and work which shall be excluded from the scope. Detailed Scope statement includes the following information

All work that needs to be accomplished to deliver a specific product or service will fall under Project Scope. For example, in case of a house construction project, project scope will include detailed civil work, electrical and mechanical work as the part of the project which means how the project shall be carried out. Product scope gives the features and functions of the product or service. For example, in the house construction project, product scope could include 3 or 4 bedroom house, number of balconies or a garden. In product scope functional requirement of the product are included

Stakeholder Management

Stakeholders shall be identified during the planning stage, their expectation shall be analysed with the impact on the project. Their communication strategy shall be set such that information flow is managed, conflicts are avoided and issues are addressed to the right person. Stakeholder management becomes important when there are lot of cross functional teams involved where information flow to the right person becomes important for timely completion of the job.