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C722-WGU- Project Management -Questions and All Correct Answers.

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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. Independent operations b. Interdependent tasks c. Regulatory concept d. External environment - Answer b. interdependent tasks 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. Timely payment of liabilities b. Liaison with regulatory agencies c. Improvement in product design

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C722-WGU- Project Management -
Questions and All Correct Answers.


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. Independent operations




b. Interdependent tasks




c. Regulatory concept




d. External environment - Answer b. interdependent tasks



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. Timely payment of liabilities




b. Liaison with regulatory agencies




c. Improvement in product design

,d. Environmental scanning - Answer c. Improvement in product design



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?



a. Director of operations




b. Production supervisor




c. Project sponsor




d. Financial controller - Answer c. Project sponsor



Which group is included in the five process groups?



a. Risk process group




b. Closing process group




c. Communication process group




d. Quality process group - Answer b. closing process group



What does PRINCE2 stand for?



a. PRoject INsights for CompEtitiveness

, b. PRojects IN a Competitive Environment




c. PRoject INsights and CompEtencies




d. PRojects IN a Controlled Environment - Answer d. Projects IN a Controlled Environment



Which PMBOK process group is described as the delivery part of project management where
the main activity happens?



a. Planning




b. Executing




c. Controlling




d. Closing - Answer b. Executing



Which advantage does the functional (departmentalized) organizational structure provide for a
firm with multiple projects?



a. Lines of authority are clear.




b. The project customer is the only focus.




c. It is efficient for collaboration and cooperation between departments.

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