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WGU C722- Project Management (PHEO) - Objective Assessment Study Guide.

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WGU C722- Project Management (PHEO) - Objective Assessment Study Guide. WGU C722- Project Management (PHEO) - Objective Assessment Study Guide. WGU C722- Project Management (PHEO) - Objective Assessment Study Guide.

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WGU C722- Project Management (PHEO) - Objective Assessment Study
Guide.
Study online at https://quizlet.com/_fv86va

1. A firm begins its strategic business initiative of devel- Interdependent Tasks
oping a new business model that will allow the firm to
deliver an efficient, tailored service to its customers.
To accomplish this, the firm initiates a business man-
agement project. Which aspect of project manage-
ment applies to this firm's project?

Independent operations
Interdependent tasks
Regulatory concept
External environment

2. A firm begins its strategic business initiative of devel- Improvement in product
oping a new business model to enhance its compet- design
itiveness. What can be identified as a strategic busi-
ness initiative for this firm?

Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning

3. A firm begins a strategic business initiative of devel- Project sponsor
oping a new business model that will allow the firm to
deliver an efficient, tailored service to its customers.

Director of operations
Production supervisor
Project sponsor
Financial controller

4. Closing process group


, WGU C722- Project Management (PHEO) - Objective Assessment Study
Guide.
Study online at https://quizlet.com/_fv86va
Which group is included in the five process groups?

Risk process group
Closing process group
Communication process group
Quality process group

5. What does PRINCE2 stand for? PRojects IN a Controlled
Environment
PRoject INsights for CompEtitiveness

PRojects IN a Competitive
Environment

PRoject INsights and CompEtencies

PRojects IN a Controlled
Environment

6. Which PMBOK process group is described as the de- Executing
livery part of project management where the main
activity happens?

Planning
Executing
Controlling
Closing

7. Which advantage does the functional (departmental- Lines of authority are clear.
ized) organizational structure provide for a firm with
multiple projects?

Lines of authority are clear.


, WGU C722- Project Management (PHEO) - Objective Assessment Study
Guide.
Study online at https://quizlet.com/_fv86va


The project customer is the only focus.

It is efficient for collaboration and cooperation be-
tween departments.

Each project is managed holistically.

8. Which two organizations are examples of organiza- (1) The U.S. Department of
tions with the functional organizational structure? State and (2) The U.S De-
partment of Energy
Microsoft

The U.S. Department of State

The U.S. National Aeronautics and Space Administra-
tion (NASA)

The U.S Department of Energy

Google Inc.

9. An organization expects to use a project management Project team members
office (PMO) to support multiple projects that will gain access to historical
be implemented within a projectized organizational data from other projects.
structure. Which implied effect is a benefit to this or-
ganization?

Project team members retain their functional respon-
sibilities.

Project team members become full-time employees.




, WGU C722- Project Management (PHEO) - Objective Assessment Study
Guide.
Study online at https://quizlet.com/_fv86va
Project team members gain access to the newest tech-
nologies and skill sets.

Project team members gain access to historical data
from other projects.

10. Regardless of the organizational structure used to Projects will coordinate
manage a project, an organization elects to use a pro- resource usage by moni-
ject management office (PMO). Which benefit will this toring the status of shared
organization gain? resources.

Projects will coordinate resource usage by monitoring
the status of shared resources.

Projects will define the organization's corporate strat-
egy in the project charter.

Projects will receive a 10% managerial reserve fund to
cover warranty back charges.

Projects will eliminate the costs incurred from having
to follow corporate procedures.

11. During a certain project phase, specific blueprints are Planning
drawn and approved, materials and labor costs are
estimated, prototypes are created, and work activities
and tasks are identified. Also, quality expectations,
measurements, and costs are defined. During which
project phase do these activities occur?

Defining
Planning

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