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Project Management- C722 Latest recent & frequently tested exam with questions and verified accurate solutions (detailed & elaborated) GRADED A+.

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Project Management- C722 Latest recent & frequently tested exam with questions and verified accurate solutions (detailed & elaborated) GRADED A+.

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Project Management- C722 Latest recent
& frequently tested exam with questions
and verified accurate solutions (detailed
& elaborated) GRADED A+

,portfolio - correct ans:a group of related programs that support a long-term company goal or objective
Pg 13

, program - correct ans:a group of related projects Pg 13



project - correct ans:an activity or group of activities to generate a new, unique product, service, or
results to support that program Pg 13



charter - correct ans:a document that, like a contract, is agreed upon by the sponsor and key
stakeholders. It defines the project and authorizes the resources, roles, responsibilities, authorities, and
scope for the project Pg 13



Specific, measurable, attainable, relevant, timely - correct ans:Criteria of specific objectives that are
unique to a project are referred to as SMART which stands for what Pg 15



triple constraint - correct ans:cost (budget), schedule (time), and scope (deliverables) Pg 17



stakeholder analysis - correct ans:analysis to define the relevant stakeholders, their interests, and their
communication needs Pg 19



Change Control Board (CCB) - correct ans:a group of people who track changes in a project and can be
used as a governance tool Pg 19



Work Breakdown Structures (WBS) - correct ans:a key tool so that people understand what is expected
of them and how they will be held accountable Pg 21



Project Management Institute (PMI) - correct ans:Founded in 1969, it's headquartered in Newton, PA,
and has member chapters on every continent (except Antarctica). Publishes foundational and practice
standards and is the largest in the world. Pg 22



Association for Project Management (APM) - correct ans:A UK-based charter organization that is the
largest professional body of its kind in Europe. Formed in 1972, it's membership is primarily limited to
the United Kingdom. Pg 22

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