PMI Scheduling Professional Certification (PMI-SP) Practice Exam

What does the Level 1 Executive Summary Report typically include?

1. Detailed Task Lists

2. Key Milestones and Summary Activities

3. Resource Allocation

4. Budget Reports

The correct answer is: Key Milestones and Summary Activities

The Level 1 Executive Summary Report is designed to provide a high-level overview of a project's status and progress, making it accessible for stakeholders who may not be familiar with the day-to-day details. It typically includes key milestones and summary activities because these elements are crucial for understanding the project's timeline and significant achievements without delving into granular details. By highlighting key milestones, the report allows executives to quickly assess whether the project is on track, has met critical deadlines, or requires intervention. Summary activities provide context around the project's major components, offering insights into what has been accomplished thus far and what is upcoming. In contrast, detailed task lists would overwhelm an executive audience with too much information, while resource allocation and budget reports, although important aspects of project management, tend to be addressed in more detailed documents tailored for project managers and team members. The Level 1 report’s purpose is to empower decision-makers with a succinct and effective communication tool regarding project performance and direction.