Question

A _______ is the approved project plan mainly consisting of scope, schedule, and cost that is not normally altered unless a formal change control request is approved for modifying these plans.

Answer 1

Answer:

The correct answer is baseline.

Explanation:

The concept of baselines is of utmost importance in the direction and management of projects, so a project manager must understand and apply it fully if he wants his projects to be successful.

These comparative elements are called in the direction and management of projects as baselines, elements developed during planning that allow us to establish “the route” to follow to carry out the project and achieve its objectives. Once the baselines are established, it allows us to determine at any time if we are following the plan or not and how much we deviate from it, and, therefore, that we are so far from meeting the goals or objectives of the project.

It should be noted at this point that, in order to have a successful project, it is not enough just to have baselines. Although they are an indispensable component, it is necessary to know in detail what we have to do, how we will do it, how long it will take, how much it will cost us, what resources we will use, how we will ensure that the information flows properly. It is also essential to establish how we will minimize the potential effects of the threats and how we will maximize the effects of the opportunities, what goods or services it will be necessary to acquire, how we will manage the different participants in the project, establish what will be the elements that will allow to assess whether The project was successful. And finally, integrate all the efforts and components to carry out the project in the most efficient way.