WGU C722 Practice Test Latest Updated

Interdependent tasks - ANSWER-A firm begins its strategic business initiative of developing 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 management project. Which aspect of project management applies to this firm's project? Improvement in product design - ANSWER-A firm begins its strategic business initiative of developing a new business model to enhance its competitiveness. What can be identified as a strategic business initiative for this firm? Project sponsor - ANSWER-A firm begins a strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. Which stakeholder would have triggered this strategic business initiative? Closing process group - ANSWER-Which group is included in the five process groups? PRojects IN a Controlled Environment - ANSWER-What does PRINCE2 stand for? Executing - ANSWER-Which PMBOK process group is described as the delivery part of project management where the main activity happens? Lines of authority are clear. - ANSWER-Which advantage does the functional (departmentalized) organizational structure provide for a firm with multiple projects? The U.S. Department of State & The U.S Department of Energy - ANSWER-Which two organizations are examples of organizations with the functional organizational structure? Project team members gain access to historical data from other projects. - ANSWER-An organization expects to use a project management office (PMO) to support multiple projects that will be implemented within a projectized organizational structure. Which implied effect is a benefit to this organization? Projects will coordinate resource usage by monitoring the status of shared resources. - ANSWER-Regardless of the organizational structure used to manage a project, an organization elects to use a project management office (PMO). Which benefit will this organization gain?