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You are the project manager for your organization. You have worked with the project team to create the project scope statement. The key stakeholders have signed off on the project scope and they are eager for you and the project team to begin creating the deliverables identified within the project scope. What process must you and the project team complete next in this scenario?
Correct Answer: B
Explanation/Reference: Explanation: Once the project scope statement has been approved, the project manager and the project team should decompose the project scope statement into the WBS. Incorrect Answers: A: Before the activity list may be created, the WBS is needed. The activity list is based on the work packages identified in the WBS. C: Creating the risk assessment for the project is part of project planning, but it is not the most appropriate process to complete at this time. D: Determining the project budget is the process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Determining the project budget is a part of project cost management.