Question: What is a lesson learned document? and when do we create it? We have a project where Cost Performance Indicator (CPI) of 0.80 which means

  1. What is a lesson learned document? and when do we create it?
  2. We have a project where Cost Performance Indicator (CPI) of 0.80 which means we are spending more money than we should spend. And we have Schedule Performance Indicator (SPI) of 1.20, which means we are ahead of schedule. Do you think we should be worried because we are spending more than budgeted money? Explain your answer
  3. What are the five stage of team development model. Expain in own words and provide an example for each stage.
  4. Explain in own words, what are the three baselines we use in our project? Explain each baseline briefly and use examples where appropriate.

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