WGU C722 Project Management Questions with verified
answers
"living documents." This means that they all need to be periodically reviewed to
ensure that the plans are still valid. Approved changes are possible at any time in
the project life cycle and can cause plans to change. Ans✓✓✓ All planning
documents are
*Activity duration* is the factor that is the sum of the beta formula. Ans✓✓✓
What is the sum of the beta formula?
1. Collecting customer requirements
2. Developing the work breakdown structure
3. Working to produce project deliverables
4. Customers evaluating the project outcomes
5. Capturing lessons learned Ans✓✓✓ Place the project activities in order of
occurrence from first (1) to last (5).
1. Time Value of Money
2. Net Present Value
3. Internal Rate of Return
4. Opportunity Cost Ans✓✓✓ Purpose associated with the financial concepts:
1. To calculate money's worth today
compared to in the future
2. To calculate whether revenue tomorrow
is greater than costs today
3. To calculate future cash flows using time
,and interest rate
4. To calculate the alternative use of money
1.5.1 Lay sod Ans✓✓✓ The general manager of a hotel has asked for a project to
put in new landscaping around the building. The project manager has constructed
a
high-level work breakdown structure (WBS) for the project, which is provided
below.
WBS IDDescription
1.0 Landscaping
1.1 Plans
1.2 Site preparation
1.3 Sprinklers
1.4 Sidewalks and curbing
1.5 Planting
Which activity would it be logical to add to the approved high-level WBS to
provide more detail on the work to be accomplished?
100% of their budgeted costs. Ans✓✓✓ The earned value for activities that are
completed is
20 Ans✓✓✓ The project team is determining the duration for upgrading the
software on the app used on its mobile devices. An experienced technician
took 15 minutes to complete the task. Two other new technicians will be
assisting. They have performed a few upgrades on mobile devices,
desktop computers, and laptop computers, which took one technician
approximately 25 minutes and the other 20 minutes to upgrade.
,Using three-point estimating, how many minutes will it take for each upgrade
performed?
23 Ans✓✓✓ The project team is determining the duration for upgrading the
software on the app used on its mobile devices. An experienced technician
took 10 minutes to complete the task. Two other new technicians will be assisting
and have little experience in software upgrades on mobile
devices or desktop and laptop computers. One technician took approximately 28
minutes, while the other technician took 31 minutes to
complete the task.
Using three-point estimation, how many minutes will it take for each upgrade
performed?
50/50 rule Ans✓✓✓ The ___________ is a shortcut used to calculate how much
work has been completed so far while minimizing distrations due to reporting
requirements.
8/80 Ans✓✓✓ The ______________rule means we do not assign anything that
takes less than eight hours and we do not want to assign a task that takes more
than 80 hours or two work weeks to complete.
8/80 Rule Ans✓✓✓ a project manager should avoid controlling tasks of less than
eight hours or team members will feel micromanaged.
The project manager should not let more than 80 hours (or two weeks) go by
without checking in.
, a change in the baseline budget is needed that will require additional analysis and
the approval of the customer prior to implementation. Ans✓✓✓ The analysis of
variances may also identify that
a characteristic, function, or capability that must be present in the project final
outcome. Ans✓✓✓ A project requirement is
a coding scheme to associate the various tasks to activities, deliverables, and the
project as a whole. Ans✓✓✓ A WBS number is used as
a detailed project proposal used by company leadership to determine if the
project should go forward. Ans✓✓✓ During the project-defining phase, an idea is
developed into
a functional manager. Ans✓✓✓ In a functional organization, SMEs report to
a functional organization. Ans✓✓✓ SMEs work in close proximity in
a functional structure. Ans✓✓✓ Cross-functional resource sharing is difficult in
a graph of a frequency distribution in which rectangles with bases on the
horizontal axis are given widths equal to the class intervals and heights equal to
the corresponding frequencies. Ans✓✓✓ A histogram is
A Guide to Project Management Body of Knowledge (PMBOK Guide) Ans✓✓✓
The project management standard developed by the Project Management
Institute.
answers
"living documents." This means that they all need to be periodically reviewed to
ensure that the plans are still valid. Approved changes are possible at any time in
the project life cycle and can cause plans to change. Ans✓✓✓ All planning
documents are
*Activity duration* is the factor that is the sum of the beta formula. Ans✓✓✓
What is the sum of the beta formula?
1. Collecting customer requirements
2. Developing the work breakdown structure
3. Working to produce project deliverables
4. Customers evaluating the project outcomes
5. Capturing lessons learned Ans✓✓✓ Place the project activities in order of
occurrence from first (1) to last (5).
1. Time Value of Money
2. Net Present Value
3. Internal Rate of Return
4. Opportunity Cost Ans✓✓✓ Purpose associated with the financial concepts:
1. To calculate money's worth today
compared to in the future
2. To calculate whether revenue tomorrow
is greater than costs today
3. To calculate future cash flows using time
,and interest rate
4. To calculate the alternative use of money
1.5.1 Lay sod Ans✓✓✓ The general manager of a hotel has asked for a project to
put in new landscaping around the building. The project manager has constructed
a
high-level work breakdown structure (WBS) for the project, which is provided
below.
WBS IDDescription
1.0 Landscaping
1.1 Plans
1.2 Site preparation
1.3 Sprinklers
1.4 Sidewalks and curbing
1.5 Planting
Which activity would it be logical to add to the approved high-level WBS to
provide more detail on the work to be accomplished?
100% of their budgeted costs. Ans✓✓✓ The earned value for activities that are
completed is
20 Ans✓✓✓ The project team is determining the duration for upgrading the
software on the app used on its mobile devices. An experienced technician
took 15 minutes to complete the task. Two other new technicians will be
assisting. They have performed a few upgrades on mobile devices,
desktop computers, and laptop computers, which took one technician
approximately 25 minutes and the other 20 minutes to upgrade.
,Using three-point estimating, how many minutes will it take for each upgrade
performed?
23 Ans✓✓✓ The project team is determining the duration for upgrading the
software on the app used on its mobile devices. An experienced technician
took 10 minutes to complete the task. Two other new technicians will be assisting
and have little experience in software upgrades on mobile
devices or desktop and laptop computers. One technician took approximately 28
minutes, while the other technician took 31 minutes to
complete the task.
Using three-point estimation, how many minutes will it take for each upgrade
performed?
50/50 rule Ans✓✓✓ The ___________ is a shortcut used to calculate how much
work has been completed so far while minimizing distrations due to reporting
requirements.
8/80 Ans✓✓✓ The ______________rule means we do not assign anything that
takes less than eight hours and we do not want to assign a task that takes more
than 80 hours or two work weeks to complete.
8/80 Rule Ans✓✓✓ a project manager should avoid controlling tasks of less than
eight hours or team members will feel micromanaged.
The project manager should not let more than 80 hours (or two weeks) go by
without checking in.
, a change in the baseline budget is needed that will require additional analysis and
the approval of the customer prior to implementation. Ans✓✓✓ The analysis of
variances may also identify that
a characteristic, function, or capability that must be present in the project final
outcome. Ans✓✓✓ A project requirement is
a coding scheme to associate the various tasks to activities, deliverables, and the
project as a whole. Ans✓✓✓ A WBS number is used as
a detailed project proposal used by company leadership to determine if the
project should go forward. Ans✓✓✓ During the project-defining phase, an idea is
developed into
a functional manager. Ans✓✓✓ In a functional organization, SMEs report to
a functional organization. Ans✓✓✓ SMEs work in close proximity in
a functional structure. Ans✓✓✓ Cross-functional resource sharing is difficult in
a graph of a frequency distribution in which rectangles with bases on the
horizontal axis are given widths equal to the class intervals and heights equal to
the corresponding frequencies. Ans✓✓✓ A histogram is
A Guide to Project Management Body of Knowledge (PMBOK Guide) Ans✓✓✓
The project management standard developed by the Project Management
Institute.
