Which document aligns scope, schedule, and cost?

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 Project Execution Plan (PEP) serves as a comprehensive roadmap for project execution, effectively aligning scope, schedule, and cost. This document integrates the varying elements of project management to ensure that all parts of the project are coordinated and working together harmoniously toward common objectives.

In the PEP, the project scope is defined clearly, encompassing all tasks and deliverables required to achieve the project's goals. The schedule section outlines the timeline for these tasks, identifying dependencies, milestones, and key dates. Cost considerations are detailed within the plan, providing budget estimates and financial controls necessary for maintaining the project's fiscal objectives.

By providing a consolidated view of scope, schedule, and cost, the PEP ensures that project teams can monitor and control these aspects effectively throughout the project's lifecycle. It enhances communication among stakeholders and provides a basis for tracking progress and performance against the planned objectives.

Other documents, such as the Project Charter, primarily establish high-level project goals and stakeholder agreements but do not usually include detailed plans for scope, schedule, and cost. The Risk Management Plan focuses on identifying and mitigating potential risks but does not address the integration of scope, schedule, and cost directly. The Quality Assurance Plan outlines processes for ensuring the quality of deliverables, rather than managing the project’s

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