WGU C722 PRE-ASSESSMENT: PROJECT MANAGEMENT (PIPO) | QUESTIONS AND ANSWERS | 2025 UPDATE|100% CORRECT.

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? 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? 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? Which group is included in the five process groups? What does PRINCE2 stand for? Which PMBOK process group is described as the delivery part of project management where the main work is performed? Which advantage does the functional (departmentalized) organizational structure provide for a firm with multiple projects? Which two organizations are examples of organizations with the functional organizational structure? (Choose 2 answers) 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? 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? During a certain project phase, specific blueprints are 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? Place the project activities in order of occurrence from first (1) to last (5). During which life cycle phase is the vast majority of the actual work to produce the project’s deliverables completed? What is the correct term for an intermediate outcome of project work, such as a signed contract or obtaining a construction permit? Which deliverable from a work breakdown structure (WBS) is not specific enough to measure its completion at project closure? The following table shows the Level 1 work breakdown structure (WBS) for Project A. Which approach did the project manager use to structure the WBS? For the following collapsed work breakdown structure (WBS) for Project O, the project manager must complete the scope baseline. In addition to the WBS, the scope baseline will contain two additional documents. What are the other two documents that belong in the scope baseline? For the following collapsed work breakdown structure (WBS) for Project O, the project’s steering committee held a phase gate review of the Feasibility results. That review determined that the project’s proposed design would be obsolete before it would reach the marketplace. Which action should the project manager initiate? A project is an operational necessity to repair a design flaw in the date field that constrains the year number to two digits, instead of permitting the year to be indicated with four digits. The marketing department wants to upgrade its existing computer equipment and have the costs included in the budget for this project. The project team implemented the marketing department’s request without completing the formal change control procedures. What has happened to the scope baseline in this scenario? A general contractor is managing a highway construction project that will repair a flood-damaged road. The project was documented in a cost-plus-incentive fee contract that specified a completion date of June 30. The Department of Transportation has offered an incentive for early completion of the repairs. Which triple-constraint baseline remains unchanged by the effects of the incentive? In Project A, the contract specifies that time is very important. All of the scope must be completed, or the project will fail. The project’s objective requires the project team to work as quickly as possible. Which triple constraint can be adjusted to permit the project team to work as quickly as possible? In Project B, all of the scope must be completed, or the project will fail. The work is important but not urgent. Which triple constraint can be adjusted if the project’s objective requires the project team to work at the lowest possible cost? A project manager is discussing the latest financial reports of a project to construct a grocery store and is approximately 90% into the planning phase. The project manager has been told by a project team member that other grocery stores in the area have an automated teller machine (ATM) for visitors. Which non-numeric model is this leader using? An organization has a surplus of project dollars in the operating budget. The senior leader’s decision is to fund one more project with the remaining funds. Of the three projects proposed, one of the projects was selected without evaluation of feasibility or viability. Which non-numeric model is this leader using? Each project team member generated a series of questions to evaluate three projects. The checklist was compiled into one list based on frequency of question content, such as personnel, materials, experience, and time. Which two benefits result from this checklist approach? (Choose 2 answers) Each project team member generated a series of questions to evaluate three projects. A checklist was then compiled into one list based on the frequency of question content. What is a disadvantage of using this checklist approach? Match each purpose to its associated financial concept. (Answer options may be used more than once or not at all.) What is the time value of money? What is internal rate of return? Which two processes are considered iterative processes? (Choose 2 answers) Which activity is accomplished as part of the planning process of a project? Which activity is accomplished during the closing process of a project? Which activity is performed during the creating part of the initiating process? Which activity involves completing the project documentation? Which process involves completing findings prior to stakeholder approval? Which process involves completing findings prior to the project’s testing phase? The project management information system (PMIS) has produced a resource histogram. What information does this resource histogram display that can help during the planning phase of the project? Which tool could a project manager use to ensure that the project team will address the items that are important when developing and defining the project’s scope? A project manager wants to understand and document the approvals that must be obtained for each work package in the work breakdown structure (WBS). Which tools document the approval requirements for each work package? (Choose 2 answers) The general manager of a hotel has asked for a project to put in new landscaping around the building. Which activity would it be logical to add to the approved high-level WBS to provide more detail on the work to be accomplished? A state college is launching a library building project. Which two WBS elements of this project are on the same level as each other? (Choose 2 answers) What risk response strategy is World Fabrication Corporation using? Consolidated Systems, Inc. is initiating a project to develop a new inventory system. What can the company do to avoid the risk of project delays? Bantam Electronics has fallen behind in technology. What can Bantam do to mitigate the risk of losing further ground in technology? What are the three categories of risk in the project risk register? Which output is needed prior to using the bottom-up estimating technique? A project team is gathered together to begin the planning process for a large office building. What estimating technique will be used? A project team is gathered together to begin the planning process to create a new website for its client. What estimating technique will be used? Using three-point estimating, how many minutes will it take for each upgrade performed? In the work breakdown structure given for software development, which component is the starting point for developing the project schedule? Which network diagram correctly represents this living room remodeling project? Which Gantt chart correctly represents this living room remodeling project? What is the critical path of this network diagram? Which schedule compression technique can the project manager use? What is the risk of crashing the schedule? Which change management phase does this scenario describe (adjusting omitted scope)? Which change management phase does this scenario describe (rewarding team for acceleration)? A customer requests a change that will delay the project’s critical path by three months. Which process should be used to maintain the existing baseline? A general contractor from Germany is managing a construction project in Norway. Which two actions would prove useful to plan the project’s quality? (Choose 2 answers) What is the purpose of the cost performance index (CPI)? What is the purpose of the schedule performance index (SPI)? What is the purpose of cost variance (CV) analysis? What is the name for the closing task where all project activities are reviewed to determine what went right and what went wrong? What is another name for the lessons learned review that is often used by the military and other uniformed services? The customer of a project validates that scope has been completed for the second of three segments of the project. Which closure practice does this describe? The customer of a project validates that the project scope has been completed, all invoices have been paid, and the expected benefits have been realized. Which closure practice does this describe?