C722 Exam 1 Questions with 100% Verified
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?
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?
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?
Project sponsor
Which group is included in the five process groups?
Closing process group
What does PRINCE2 stand for?
PRojects IN a Controlled Environment
,Which PMBOK process group is described as the delivery part of project management
where the main activity happens?
Executing
Which advantage does the functional (departmentalized) organizational structure
provide for a firm with multiple projects?
Lines of authority are clear.
Which two organizations are examples of organizations with the functional
organizational structure?
The U.S. Department of State & The U.S Department of Energy
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?
Project team members gain access to historical data from other projects.
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?
Projects will coordinate resource usage by monitoring the status of shared resources.
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?
Planning
Place the project activities in order of occurrence from first (1) to last (5).
Collecting customer requirements 1
Developing the work breakdown structure 2
Working to produce project deliverable 3
Customers evaluating the project outcomes 4
Capturing lessons learned 5
During which life cycle phase is the vast majority of the actual work to produce the
project's deliverables completed?
Executing
What is the correct term for an intermediate outcome of project work, such as a signed
contract or obtaining a construction permit?
Deliverable
Which deliverable from a work breakdown structure (WBS) is not specific enough to
measure its completion at project closure?
User training
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?
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?
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?
Project sponsor
Which group is included in the five process groups?
Closing process group
What does PRINCE2 stand for?
PRojects IN a Controlled Environment
,Which PMBOK process group is described as the delivery part of project management
where the main activity happens?
Executing
Which advantage does the functional (departmentalized) organizational structure
provide for a firm with multiple projects?
Lines of authority are clear.
Which two organizations are examples of organizations with the functional
organizational structure?
The U.S. Department of State & The U.S Department of Energy
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?
Project team members gain access to historical data from other projects.
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?
Projects will coordinate resource usage by monitoring the status of shared resources.
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?
Planning
Place the project activities in order of occurrence from first (1) to last (5).
Collecting customer requirements 1
Developing the work breakdown structure 2
Working to produce project deliverable 3
Customers evaluating the project outcomes 4
Capturing lessons learned 5
During which life cycle phase is the vast majority of the actual work to produce the
project's deliverables completed?
Executing
What is the correct term for an intermediate outcome of project work, such as a signed
contract or obtaining a construction permit?
Deliverable
Which deliverable from a work breakdown structure (WBS) is not specific enough to
measure its completion at project closure?
User training