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WGU C722 Project Management Latest recent & frequently tested exam with questions and verified accurate solutions (detailed & elaborated) GRADED A+.

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WGU C722 Project Management Latest recent & frequently tested exam with questions and verified accurate solutions (detailed & elaborated) GRADED A+.

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WGU C722 Project Management Latest
recent & frequently tested exam with
questions and verified accurate
solutions (detailed & elaborated)
GRADED A+

,What is a project? - correct ans:Any temporary endeavor with specific start and end dates that results in
a unique product, service, or result

,What does project management involve? - correct ans:Managing everything about the project to get the
desired result



What are organizations? - correct ans:Complex entities that engage in two types of activities: operations
and projects



What is a project (in terms of business activity)? - correct ans:A project modifies the business or its
products for future profitability. A project develops a new product or service, including: new technology
features, an improved service, or cost reduction for the business in providing services, such as better
accounting systems.



Why are organizations becoming increasingly complex? - correct ans:- Changing workforce
demographics

- Increased use of technology

- 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



Who were the "parents" of time and motion study? - correct ans:Frank and Lillian Gilbreth



Who was the father of scientific management? - correct ans:Frederick Taylor



Which associate of Frederick Taylor studied organizational operations, specifically management
technique in the construction of WWI Navy ships? - correct ans:Henry Gantt



What is a Gantt chart? - correct ans:A horizontal bar chart that sequences tasks and provides the
duration of each task

, What are the 10 distinct areas in which project managers must be competent? - correct ans:- Integration
management

- Scope management

- Time management

- Cost management

- Quality management

- Human resources management

- Communication management

-Risk management

- Procurement management

- Stakeholder management



What is a mnemonic for remembering the 10 competencies a project manager must have? - correct
ans:It's so tricky (to) cradle quirky hounds. CR(i)P(e)S!



Integration, scope, time, cost, quality, human resources, communication, risk, procurement, stakeholder



What is integration management? - correct ans:Includes processes and activities needed to identify,
define, and coordinate various processes and project management activities



What is scope management? - correct ans:Includes the processes that ensure that all the work required
is identified to complete the project successfully



What is time management? - correct ans:Includes the processes required to manage the timely
completion of the project



What is cost management? - correct ans:Includes the processes involved in planning, estimating,
budgeting, managing, and controlling costs so that the project can be completed within the approved
budget



What is quality management? - correct ans:Includes processes and activities that determine quality
policies, objectives, and responsibilities

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