What is the first input to planning?

Prepare for the AACE PSP Certification Exam with flashcards and multiple-choice questions. Enhance your knowledge with explanations and hints. Get exam ready today!

The first input to planning is the contract requirements and scope documents. These documents are fundamental as they provide a clear foundation for what the project is intended to achieve. They outline the specific deliverables, objectives, and constraints that guide the entire planning process. Understanding the contract and scope allows project managers to define project goals, set boundaries, and allocate resources effectively. This information is crucial because it ensures that all planning activities align with the agreed-upon expectations of stakeholders.

While lessons learned from previous projects, human resource policies, and benchmarking data are important elements that can inform the planning process, they come into play after establishing the contractual framework and understanding the project's scope. By starting with the contract requirements and scope documents, project teams can build a robust plan that addresses the specific needs and parameters set out at the outset of the project.

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