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Exam PMI-SP topic 1 question 54 discussion

Actual exam question from PMI's PMI-SP
Question #: 54
Topic #: 1
[All PMI-SP Questions]

Which of the following documents is a narrative description of products or services to be supplied by the project and has detailed requirements and pricing specified on it?

  • A. Scope of statement
  • B. Project charter
  • C. Statement of work (SOW)
  • D. WBS
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Suggested Answer: C 🗳️
A statement of work (SOW) is a document that captures and defines the work activities, deliverables and timeline that a vendor will execute against in performance of work for a customer. Detailed requirements and pricing are usually specified in it, along with many other terms and conditions. SOW is a narrative description of products or services to be supplied by the project. For internal projects, the project initiator or sponsor provides the statement of work based on business needs, product, or service requirements. For external projects, the statement of work can be received from the customer as part of a bid document.
Incorrect Answers:
A: Scope of statement gives the narrative description of the project scope.
B: Project charter is a document that formally authorizes a project manager to work on a project.
D: WBS is a tool that defines a project and groups the project discrete work in a way that helps organize and define the total work scope.

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ed55bcd
7 months, 3 weeks ago
According to the Project Management Book of Knowledge (PMBOK), a Statement of Work (SoW) is “a narrative description of products or services to be supplied under contract”. It is a high-level formal project document that details the specific project objectives, tasks, timelines, and resources involved in a project.
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lucksuman
3 years, 1 month ago
Cost estimation and pricing is different. Pricing should be provided from external.
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edufp0501
3 years, 9 months ago
I think the answer is A. Project Scope Statement on the other hands includes lots of details for the project (not necessarily include all of the following): objectives project scope product scope requirements boundaries deliverables acceptance criteria constraints assumptions milestones cost estimation specifications configuration management requirements approval requirements etc. The Project Scope Statement may be elaborated progressively over time when more details on requirements and constraints are known during the requirements collection and scope defining processes.
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Mopar
4 years, 3 months ago
This question is repeated.
upvoted 2 times
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