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WGU C722 Project Management
Questions with Detailed 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 reduces cost add technology.
Example of Projects Ans: * 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.
Examples of Operations Ans: * A car company making cars.
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* An airline flying passsengers.
* A CPA firm completing taxes for clients.
Product Ans: Something created by a project.
Example of Product Ans: * 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
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Business Strategy Ans: 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.
Subject Matter Expert (SME) Ans: A person who is an authority in a particular
area or project.
Program Ans: A group of related projects.
Portfolio Ans: A group of initiatives (projects and programs) that a company
engages in to improve its operations.
Charter Ans: 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 Ans: The justification for a project - Explains the business need.
Project Life Cycle Phases Ans: Defining, Planning Executing, Closing
Defining Ans: Idea for project is generated and formalized. Decision on
whether to implement is made. Ends when project charter is approved.
Planning Ans: Where detailed planning occurs. Level of detail aligns with the
complexity of the project. Use Work Breakdown Structure to identify
outcomes needed.
Can require significant time for large projects.
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Typically ends when baselines for scope, budget, and schedule are approved
by the customer and/or sponsor and project team.
Executing Ans: Where most of the work is done.
Deliverables are completed. Progress is monitored and actions taken as
needed to stay on track.
May return to planning phase as needed if objectives can't be met, to modify
budget, schedule, or scope.
Critical to be careful of scope creep - don't add functionality without
considering impact.
This phase is complete when all work activities and deliverables are ready to
be delivered to customer/sponsor.
Closing Ans: When project outcomes are delivered to the customer and/or
sponsor.
Project Manager ties up loose ends
* Reassign project resources back to company
WGU C722 Project Management
Questions with Detailed 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 reduces cost add technology.
Example of Projects Ans: * 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.
Examples of Operations Ans: * A car company making cars.
,2|Page
* An airline flying passsengers.
* A CPA firm completing taxes for clients.
Product Ans: Something created by a project.
Example of Product Ans: * 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
,3|Page
Business Strategy Ans: 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.
Subject Matter Expert (SME) Ans: A person who is an authority in a particular
area or project.
Program Ans: A group of related projects.
Portfolio Ans: A group of initiatives (projects and programs) that a company
engages in to improve its operations.
Charter Ans: 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 Ans: The justification for a project - Explains the business need.
Project Life Cycle Phases Ans: Defining, Planning Executing, Closing
Defining Ans: Idea for project is generated and formalized. Decision on
whether to implement is made. Ends when project charter is approved.
Planning Ans: Where detailed planning occurs. Level of detail aligns with the
complexity of the project. Use Work Breakdown Structure to identify
outcomes needed.
Can require significant time for large projects.
, 4|Page
Typically ends when baselines for scope, budget, and schedule are approved
by the customer and/or sponsor and project team.
Executing Ans: Where most of the work is done.
Deliverables are completed. Progress is monitored and actions taken as
needed to stay on track.
May return to planning phase as needed if objectives can't be met, to modify
budget, schedule, or scope.
Critical to be careful of scope creep - don't add functionality without
considering impact.
This phase is complete when all work activities and deliverables are ready to
be delivered to customer/sponsor.
Closing Ans: When project outcomes are delivered to the customer and/or
sponsor.
Project Manager ties up loose ends
* Reassign project resources back to company
