WGU C722 Project Management Terminology | Actual
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A firm initiates a project to develop a new business model that delivers tailored
services to customers. Which aspect of project management does this
represent?
A. Risk management
B. Interdependent tasks
C. Cost control
D. Procurement
Correct Answer: B. Interdependent tasks
Rationale:
A project consists of multiple related activities that depend on each other to
achieve a final outcome.
• Developing a business model requires:
✔ Research → Design → Testing → Implementation
• These activities are linked and dependent
This defines interdependent tasks, a core feature of all projects
A firm develops a new business model to enhance competitiveness. What is this
considered?
A. Operational activity
B. Strategic business initiative
,C. Tactical decision
D. Risk response
Correct Answer: B. Strategic business initiative
Rationale:
Strategic initiatives:
✔ Align with long-term goals
✔ Improve competitive position
✔ Drive organizational direction
A new business model directly impacts long-term success
Which role is primarily responsible for providing resources and authorization for
a project?
A. Project Manager
B. Stakeholder
C. Project Sponsor
D. Functional Manager
Correct Answer: C. Project Sponsor
Rationale:
The sponsor:
✔ Funds the project
✔ Authorizes it
✔ Supports major decisions
PM manages execution, but sponsor enables it
Which of the following is one of the five PMBOK process groups?
A. Budgeting
B. Planning
C. Designing
D. Reporting
Correct Answer: B. Planning
Rationale:
Five process groups:
,✔ Initiating
✔ Planning
✔ Executing
✔ Monitoring & Controlling
✔ Closing
“Designing” is NOT a standard process group
What does PRINCE2 stand for?
A. Project Integrated Control Environment
B. Projects in Controlled Execution
C. PRojects IN a Controlled Environment
D. Process Integrated Network Control
Correct Answer: C
Rationale:
PRINCE2 = PRojects IN Controlled Environments
Focuses on:
✔ Structure
✔ Governance
✔ Control
Which PMBOK process group involves producing the deliverables?
A. Initiating
B. Planning
C. Executing
D. Closing
Correct Answer: C
Rationale:
Execution =
✔ Where work happens
✔ Deliverables are created
Planning prepares → Executing produces
, What is a key advantage of a functional organizational structure?
A. Fast decisions
B. Strong project control
C. Clear lines of authority
D. High flexibility
Correct Answer: C
Rationale:
Functional structure:
✔ Clear hierarchy
✔ Defined reporting lines
BUT:
Weak project coordination
What is a major benefit of using a PMO in a projectized organization?
A. Reduced communication
B. Faster hiring
C. Access to historical project data
D. Reduced scope
Correct Answer: C
Rationale:
PMO provides:
✔ Standardization
✔ Lessons learned
✔ Historical data
Improves future project performance
Which phase includes creating blueprints, estimating costs, and defining quality
expectations?
A. Initiating
B. Planning
C. Executing
D. Closing
Exam Questions and Answers| High-Yield Questions &
Answers, Study Guide| Frequently Most Tested
Questions with Correct Answers | Well Verified and
Updated | 100% Guarantee Pass | Newest Version !!!!
A firm initiates a project to develop a new business model that delivers tailored
services to customers. Which aspect of project management does this
represent?
A. Risk management
B. Interdependent tasks
C. Cost control
D. Procurement
Correct Answer: B. Interdependent tasks
Rationale:
A project consists of multiple related activities that depend on each other to
achieve a final outcome.
• Developing a business model requires:
✔ Research → Design → Testing → Implementation
• These activities are linked and dependent
This defines interdependent tasks, a core feature of all projects
A firm develops a new business model to enhance competitiveness. What is this
considered?
A. Operational activity
B. Strategic business initiative
,C. Tactical decision
D. Risk response
Correct Answer: B. Strategic business initiative
Rationale:
Strategic initiatives:
✔ Align with long-term goals
✔ Improve competitive position
✔ Drive organizational direction
A new business model directly impacts long-term success
Which role is primarily responsible for providing resources and authorization for
a project?
A. Project Manager
B. Stakeholder
C. Project Sponsor
D. Functional Manager
Correct Answer: C. Project Sponsor
Rationale:
The sponsor:
✔ Funds the project
✔ Authorizes it
✔ Supports major decisions
PM manages execution, but sponsor enables it
Which of the following is one of the five PMBOK process groups?
A. Budgeting
B. Planning
C. Designing
D. Reporting
Correct Answer: B. Planning
Rationale:
Five process groups:
,✔ Initiating
✔ Planning
✔ Executing
✔ Monitoring & Controlling
✔ Closing
“Designing” is NOT a standard process group
What does PRINCE2 stand for?
A. Project Integrated Control Environment
B. Projects in Controlled Execution
C. PRojects IN a Controlled Environment
D. Process Integrated Network Control
Correct Answer: C
Rationale:
PRINCE2 = PRojects IN Controlled Environments
Focuses on:
✔ Structure
✔ Governance
✔ Control
Which PMBOK process group involves producing the deliverables?
A. Initiating
B. Planning
C. Executing
D. Closing
Correct Answer: C
Rationale:
Execution =
✔ Where work happens
✔ Deliverables are created
Planning prepares → Executing produces
, What is a key advantage of a functional organizational structure?
A. Fast decisions
B. Strong project control
C. Clear lines of authority
D. High flexibility
Correct Answer: C
Rationale:
Functional structure:
✔ Clear hierarchy
✔ Defined reporting lines
BUT:
Weak project coordination
What is a major benefit of using a PMO in a projectized organization?
A. Reduced communication
B. Faster hiring
C. Access to historical project data
D. Reduced scope
Correct Answer: C
Rationale:
PMO provides:
✔ Standardization
✔ Lessons learned
✔ Historical data
Improves future project performance
Which phase includes creating blueprints, estimating costs, and defining quality
expectations?
A. Initiating
B. Planning
C. Executing
D. Closing
