Question

In: Operations Management

5.What are subject matter experts?    The project executive board    The project sponsors    Anyone...

5.What are subject matter experts?
   The project executive board
   The project sponsors
   Anyone with an opinion
   A source of expert judgment

6.What is a deliverable?
   A product required in order to complete a process, phase or project
   Something that affects the execution of the project
   A product that is outside the scope of the project
   A document that is a part of the project charter

7.What is the process of dividing project deliverables into smaller, more manageable components?
   Define Scope
   Collect Requirements
   Create WBS
   Scope Baseline

8.What is a work package?
   A grouping of components into the scope baseline
   The work defined at the highest level of the WBS
   The work defined at the lowest level of the WBS
   Another name for the WBS

Solutions

Expert Solution

5) Answer: (d) A source of expert judgment.

Explanation: Subject Matter Experts (SME) in an organization are believed to have certain level of expertise and/or experience in a given field. For any opinion, judgement or decision making required in that field, organizations look upto their Subject matter experts as a source of expert judgement.

6) Answer: (a) A product required in order to complete a process, phase or project.

Explanation: In any project, deliverable is defined as a product or service that needs to be developed or produced and delivered to the client as part of a project. A deliverable can be tangible or intangible, product or service and has a specific deadline before which it should be completed.

7) Answer: (c) Create WBS

Explanation: In project management, Work breakdown structure or WBS is the process of dividing the project into small, manageable chunks. Work breakdown structure helps project managers to easily identify and manage the project deliverables so as to allocate the project resources efficiently.

8) Answer: (c) The work defined at the lowest level of the WBS

Explanation: In a Work Breakdown Structure (WBS), work package is the smallest component of project and is positioned at the lowest level of WBS. A work package has an associated cost and duration and is managed by an individual known as work package owner.


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