WGU C722 Project Management
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1. What is a project? Any temporary endeavor with specific start and end dates that results in a
unique product, service, or result
2. What does pro- Managing everything about the project to get the desired result
ject management
involve?
3. What are organiza- Complex entities that engage in two types of activities: operations and pro-
tions? jects
4. What is a project (in A project modifies the business or its products for future profitability. A project
terms of business develops a new product or service, including: new technology features, an
activity)? improved service, or cost reduction for the business in providing services,
such as better accounting systems.
5. Why are organiza- - Changing workforce demographics
tions becoming in- - Increased use of technology
creasingly complex? - Increase in cross-cultural workforce and customer bases
- Increase in international activities
- Increase in demand for high-complexity, low-cost products
- Shorter product life cycles
- Increase in corporate social responsibility
- Increase in corporate ethical practices
6. Who were the "par- Frank and Lillian Gilbreth
ents" of time and
motion study?
7. Who was the father Frederick Taylor
of scientific man-
agement?
8. Henry Gantt
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, WGU C722 Project Management
WGU C722 Project Management
Study online at https://quizlet.com/_75onh7
Which associate
of Frederick Tay-
lor studied organi-
zational operations,
specifically manage-
ment technique in
the construction of
WWI Navy ships?
9. What is a Gantt A horizontal bar chart that sequences tasks and provides the duration of each
chart? task
10. What are the 10 - Integration management
distinct areas in - Scope management
which project man- - Time management
agers must be com- - Cost management
petent? - Quality management
- Human resources management
- Communication management
-Risk management
- Procurement management
- Stakeholder management
11. What is a mnemon- It's so tricky (to) cradle quirky hounds. CR(i)P(e)S!
ic for remembering
the 10 competen- Integration, scope, time, cost, quality, human resources, communication, risk,
cies a project man- procurement, stakeholder
ager must have?
12. What is integration Includes processes and activities needed to identify, define, and coordinate
management? various processes and project management activities
13.
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, WGU C722 Project Management
WGU C722 Project Management
Study online at https://quizlet.com/_75onh7
What is scope man- Includes the processes that ensure that all the work required is identified to
agement? complete the project successfully
14. What is time man- Includes the processes required to manage the timely completion of the
agement? project
15. What is cost man- Includes the processes involved in planning, estimating, budgeting, manag-
agement? ing, and controlling costs so that the project can be completed within the
approved budget
16. What is quality man- Includes processes and activities that determine quality policies, objectives,
agement? and responsibilities
17. What is human Includes the processes that organize, manage, and lead the project team
resources manage-
ment?
18. What is communica- Includes processes to ensure timely and appropriate planning, creation,
tion management? distribution, management, control, and monitoring of project information
19. What is risk man- Includes the processes of conducting risk management planning, identifica-
agement? tion, analysis, response planning, and controlling risk on a project
20. What is procure- Includes the processes necessary to acquire products, services, or results
ment management? needed from outside the project team
21. What is stakeholder Includes the processes required to identify all people or organizations im-
management? pacted by the project, analyze stakeholder expectations, and develop appro-
priate strategies for effectively engaging stakeholders in project decisions
and execution
22. What are some of - Negotiation
the people skills - Conflict resolution
- Written and oral communication
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, WGU C722 Project Management
WGU C722 Project Management
Study online at https://quizlet.com/_75onh7
a project manager - Prioritization
must have? - Budgeting of money and time
23. What are opera- Operations are the ongoing, daily activities of an organization that produce
tions? revenue and expense. They continue over an indefinite period of time, creat-
ing business transactions and delivering products and services that generate
revenue. They are the activities that typically are thought of as what the
organization "does."
Operations are, simply put, the ongoing, day-to-day activities that a company,
a not-for-profit, or a government entity engages in. There is not a specifically
defined start date, there is no specifically defined end date, and there is no
unique product, service, or result as an output from the operation.
24. Does a project al- No. A project may be undertaken to improve an existing product or service.
ways result in a new
product or service?
25. What is business A business's strategy consists of the activities, methods, and tactics that will
strategy? be employed to meet the business's goals.
26. Who determines a The firm's senior executives
firm's strategy?
27. What are the triple Scope, schedule, and budget
constraints in pro-
ject management?
28. Why is proper docu- It will increase the "corporate memory" derived from lessons learned
mentation of a pro-
ject important?
29. What is a program? A program is a group of projects that support the goals and objectives of the
company
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