Certified Supply Chain Professional (CSCP) Practice Exam

Once requirements are agreed upon by all decision makers, what is the next step?

1. Begin project execution immediately

2. Formalize them into work breakdown structure

3. Notify stakeholders of the changes

4. Develop a risk management plan

The correct answer is: Formalize them into work breakdown structure

Once the requirements have been agreed upon by all decision makers, the next step is to formalize them into a work breakdown structure (WBS). The WBS serves as a key project management tool that breaks down the project into smaller, more manageable components or tasks. This structure provides clarity on the deliverables, helps in organizing team efforts, and facilitates effective planning and resource allocation. Creating a WBS ensures that all aspects of the project are accounted for and allows the project team to visualize the entire scope of work. It also aids in identifying dependencies between tasks, estimating timelines, and assigning responsibilities. By establishing a detailed WBS, the project is set up for smoother execution, as it aligns all stakeholders on the approach and scope. The other actions, while important, typically follow the creation of the WBS. For instance, notifying stakeholders of changes and developing a risk management plan are generally done once there is a structured understanding of the project's components. Starting project execution without a WBS can lead to confusion and misalignment among team members regarding roles and responsibilities.