5. Project Scope Management Terms

Question 1

Functional analysis

Answer 1

This is the study of the functions within a system, project, or the product the project will be creating.

Functional analysis studies the goals of the product, how the product will be used, and the expectations the customer has of the product once it leaves the project and moves into operations.

Functional analysis may also consider the cost of the product in operations, which is known as life-cycle costing.

Question 2

Product breakdown

Answer 2

A scope definition technique that breaks down a product into a hierarchical structure, much like a WBS breaks down a project scope.

Question 3

Requirements traceability matrix (RTM)

Answer 3

This is a table that maps the requirements throughout the project all the way to their completion.

Question 4

Value analysis

Answer 4

As with value engineering, this approach examines the functions of the project’s product in relation to the cost of the features and functions. This is where, to some extent, the grade of the product is in relationship to the cost of the product.

Question 5

Value engineering / analysis

Answer 5

?

• Engineering: This approach to project scope statement creation attempts to find the correct level of quality in relation to a reasonable budget for the project deliverable while still achieving an acceptable level of performance of the product.
• Analysis: As with value engineering, this approach examines the functions of the project’s product in relation to the cost of the features and functions. This is where, to some extent, the grade of the product is in relationship to the cost of the product.