Project Management

SUMMARY: The scope of a project determines the boundaries of the project. The scope specifies what features/ a characteristic of the project product is included and what is not included. Once a project has been chosen, the project manager and the client jointly prepare scope of the project and its deliverables. This process is carried out in four phases: request, clarification, response, and agreement.

The project manager then prepares a Project Overview Statement (POS) based on the list of deliverables. The main parts of the POS are: statement of the problem/opportunity, project goal, project objectives, success criterion, and assumptions, risks, and obstacles of the project. The POS is sent to the firm’s top management for approval.