Conquer PMP Success - Essential Guide for Project Management

A project charter is the short document that formally authorises a project, names its sponsor and manager, states its purpose, its intended outcomes and its boundaries, and gives the manager the authority to spend the organisation's resources on it.

Project scope is the agreed description of what a project will deliver and what it will not, stated precisely enough that a change to it can be recognised as a change and decided rather than absorbed.

A work breakdown structure decomposes a project's total scope into a hierarchy of deliverables and, at the bottom, work packages small enough to estimate, assign and track, so that everything to be produced appears exactly once.

A day rate sells a bounded unit of a supplier's working time rather than a finished result, so the client rather than the supplier carries the risk that the job turns out bigger than it looked.

A client brief is the short written statement of what a piece of work has to achieve, for whom, and under which fixed constraints, agreed before either side commits to a solution.

A statement of work is the document that commits one bounded piece of work to paper: what gets built, on which assumptions, to what deadline, for what money, and what sits outside it.