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C722 Exam Review Questions with 100% Verified Correct Answers

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C722 Exam Review Questions with 100% Verified Correct Answers

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C722 Exam Review Questions with 100%
Verified Correct Answers
Frank and Lillian Gilbreth

studied repetitive motion tasks to reduce fatigue and injury.

Frederick Taylor

Father of scientific management, breaking down work improving productivity.

Henry Gantt

Gantt chart, horizontal bar chart

PMBOK 7

Standard for Project Management

Principle

Truth, norm, guide

12 Principles of Project Management

Stewardship: Be a diligent, respectful and caring steward.

Team: Create a collaborative team environment.

Stakeholders: Effectively engage with stakeholders.

Value: Focus on value.

Systems thinking: Recognize, evaluate, and respond to the system interactions.

Leadership: Demonstrate leadership behaviors to support individual and team needs.

Tailoring: Tailor based on context.

,Quality: Build quality into processes and products (deliverables).

Complexity: Navigate complexity.

Risk: Optimize risk response.

Adaptability and Resiliency: Embrace adaptability and resiliency.

Change: Enable change to achieve the envisioned future state.

4 Code of Ethics

Responsibility, Respect, Fairness, Honesty

Operations

Ongoing produces revenue and expenses

Project

Temporary. Not always a product or service. Has performance targets.

Value Creation

The driving force for successful project outcomes.

Business Scenario

A specific situation or problem in professional life.

SME - Subject matter experts

Portfolio Management

Led by business goal alignment, program selection, portfolio optimization (Business Value)

Program Management

, Stakeholder Value, Sponsored by business, ownership of benefits, multiple projects,

compliance with management standards

Project management

Quality Deliverables, scope/cost/schedule/quality, Application of knowledge, skills, tools,

and techniques to project activities.

Project Life Cycle

Define, plan, execute, close

Define

Initiation phase ex. project charter contract defining project and authorizing resources, roles,

responsibilities, scope

Smart

Specific, Measurable, Achievable, Relevant, Timed

Scope

Quality and performance

Triple Constraint

Managers are constrained by cost (budget), schedule (time), and scope (deliverables).

Business Scenarios

Have past, present, and future outcomes.

PMBOK 7

Integrated system ensuring project success. Stakeholder, team, development approach and

life cycle, planning, project work, delivery, measurement, uncertainty

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