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Wgu D024 Reflection Paper Aim2 Comprehensive Exam Study Guide Complete Questions And Solutions

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WGU D024 REFLECTION PAPER AIM2 COMPREHENSIVE EXAM STUDY GUIDE COMPLETE QUESTIONS AND SOLUTIONS

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WGU D024 REFLECTION PAPER AIM2
COMPREHENSIVE EXAM STUDY GUIDE
COMPLETE QUESTIONS AND SOLUTIONS

●● Operations
Answer: "Day-to-day activities in an organization. Continuous/ongoing.


Ex.
"A car company making cars.
An airline flying passsengers.
A CPA firm completing taxes for clients.


●● Product
Answer: "Something created by a project.


Ex.
"A flu vaccine. An office building. The movie you just watched. The
design of the vehicle you drive.


●● Business Scenario
Answer: "An imagined or projected sequence of events that is
representative of a significant business need or problem, enables vendors

,to understand the value to the customer organization of a developed
solution.


Business Scenarios have this information:
- Past events that are relevant
- Current key information
- Expected or desired outcomes


Ex.
"The price of gas is at a three-year high and expected to continue to rise.
Battery life has been an issue with cell phones. New technology cna
provide smaller batteries with extended lives. "


●● Business Strategy
Answer: "The activities, methods, tactics, etc. that will be employed to
meet the business's goals. Determined by senior management in the
organization to improve the value of the company to its stakeholders."


Ex.
Projects selected by an organization must be directly related to the
organization's strategy.


●● Subject Matter Experts

, Answer: "A person who is an authority in a particular area or project.


●● Program
Answer: A group of related projects.


Ex. "Development of a new kind of full size passenger car at an auto
manufacturer.


●● Portfolio
Answer: "A group of initiatives (projects and programs) that a company
engages in to improve its operations.


Ex. Programs for full size, mid size, and compact cars.


●● Charter
Answer: "The definition of a project according to stakeholders. Defines
how customer will determine if project met expectations. Includes a
beginning, work steps, and clear and defined end.


●● Business Case
Answer: "The justification for a project - Explains the business need.


●● Project Life Cycle Phases

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