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- What is Project scope?
Project scope is the element of project planning that involves shaping and documenting a list of project goals, deliverables, features, functions, responsibilities, deadlines, and ultimately costs. In other words, it is what needs to be achieved and the work that must be completed to deliver a project.
- What is project budget?
A prediction of the costs associated with a particular company project. These costs include labour, materials, and other related expenses.
- What is project charter?
Project Charter refers to a report of scope and objectives in a project. This statement also includes detailed project goals, roles and responsibilities of project team, identifies the main stakeholders, and the level of authority of a project manager.
- What is bill of quantities (BOQ)?
A bill of quantities (BOQ) is a document used in tendering in the construction industry / supplies in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding.
- What is Project Plan?
A project plan, according to the Project Management Body of Knowledge (PMBOK), is: “…a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among project stakeholders, and document approved scope, cost, and schedule baselines.