Project Management WGU C783 Full Set Exam | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+

Project Management WGU C783 Full Set Exam | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+ A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Answer -The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exam are based on this book. Application areas - Answer -The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, health care, and manufacturing. Business value - Answer -A quantifiable return on investment. The return can be tangible, such as equipment, money, or market share. The return can also be intangible, such as brand recognition, trademarks, and reputation. Certified Associate in Project Management (CAPM) - Answer -A person who has slightly less project management experience than a PMP, but who has qualified for and then passed the CAPM examination.Cultural and social environment - Answer -Defines how a project affects people and how those people may affect the project. Cultural and social environments include the economic, educational, ethical, religious, demographic, and ethnic composition of the people affected by the project. Deliverable - Answer -A product, service, or result created by a project. Projects can have multiple deliverables. General management skills - Answer -These include the application of accounting, procurement, sales and marketing, contracting, manufacturing, logistics, str