Scope Statement provides a common understanding of the project among stakeholders. It specifies what should be the
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Question:
Scope Statement provides a common understanding of the project among stakeholders. It specifies what should be the goals and objectives of the project and what needs to be accomplished for the project. With reference to the above statement, explain the process of scope planning.
3. Explain how Cost Benefit Analysis assist on assessing the performance of a project.
4. Describe how the following elements can influence the viability of the project.
4.1 Lifecycle costing.
4.2 Insurance.
4.3 Taxation.
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