WGU project management questions and verified answers

Projects - ans -----"A temporary activity that creates a unique result. Initiatives with specific goals and start and end dates. Develop a new product or service, reduce costs, add technology, etc. Ex. "A car company developing a new passenger car. A freight company adding a computer program to optimize cargo carrying capacity. A construction company building a new facility for a customer. " Operations - ans -----"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 - ans -----"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 - ans -----"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.