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C722- Project Management, WGU C722 (Pre), WGU C722 Project Management Terminology, WGU C722 Project Management Terminology, WGU C722 Equations Questions and Correct Answers

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C722- Project Management, WGU C722 (Pre), WGU C722 Project Management Terminology, WGU C722 Project Management Terminology, WGU C722 Equations Questions and Correct AnswersC722- Project Management, WGU C722 (Pre), WGU C722 Project Management Terminology, WGU C722 Project Management Terminology, WGU C722 Equations Questions and Correct Answers

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C722- Project Management, WGU C722
(Pre), WGU C722 Project Management
Terminology, WGU C722 Project
Management Terminology, WGU C722
Equations Questions and Correct Answers
A firm begins its strategic business initiative of developing a new
business model that will allow the firm to deliver an efficient,
tailored service to its customers. To accomplish this, the firm
initiates a business management project. Which aspect of project
management applies to this firm's project? Ans: — Interdependent
Tasks
A firm begins its strategic business initiative of developing a new
business model to enhance its competitiveness. What can be
identified as a strategic business initiative for this firm? Ans: —
Improvement in product design
A firm begins a strategic business initiative of developing a new
business model that will allow the firm to deliver an efficient,
tailored service to its customers. Ans: — Project sponsor
Which group is included in the five process groups? Ans: —
Closing process group
What does PRINCE2 stand for? Ans: — PRojects IN a Controlled
Environment
Which PMBOK process group is described as the delivery part of
project management where the main activity happens? Ans: —
Executing
Which advantage does the functional (departmentalized)
organizational structure provide for a firm with multiple projects?
Ans: — Lines of authority are clear.
Which two organizations are examples of organizations with the
functional organizational structure? Ans: — (1) The U.S.
Department of State and (2) The U.S Department of Energy

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An organization expects to use a project management office (PMO)
to support multiple projects that will be implemented within a
projectized organizational structure. Which implied effect is a
benefit to this organization? Ans: — Project team members gain
access to historical data from other projects.
Regardless of the organizational structure used to manage a
project, an organization elects to use a project management office
(PMO). Which benefit will this organization gain? Ans: — Projects
will coordinate resource usage by monitoring the status of shared
resources.
During a certain project phase, specific blueprints are drawn and
approved, materials and labor costs are estimated, prototypes are
created, and work activities and tasks are identified. Also, quality
expectations, measurements, and costs are defined. During which
project phase do these activities occur? Ans: — Planning
Place the project activities in order of occurrence from first (1) to
last (5). Ans: — (1) Collecting customer requirements (2)
Developing the work breakdown structure (3) Working to produce
project deliverables (4) Customers evaluating the project outcomes
(5) Capturing lessons learned
During which life cycle phase is the vast majority of the actual
work to produce the project's deliverables completed? Ans: —
Executing
What is the correct term for an intermediate outcome of project
work, such as a signed contract or obtaining a construction
permit? Ans: — Deliverable
Which deliverable from a work breakdown structure (WBS) is not
specific enough to measure its completion at project closure? Ans:
— User training
The following table shows the Level 1 work breakdown structure
(WBS) for Project A.


WBS ID Description


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0.0 Project A
1.0 Project started
2.0 Feasiblity
3.0 Design
4.0 Development
5.0 Manufacturing
6.0 Distribution
7.0 Project completed
Which approach did the project manager use to structure the WBS?
Ans: — Sequence of project phases
For the following collapsed work breakdown structure (WBS) for
Project O, the project manager must complete the scope baseline.
In addition to the WBS, the scope baseline will contain two
additional documents.


WBS ID Description
0.0 Project O
1.0 Project started
2.0 Feasibility
3.0 Design
4.0 Development
5.0 Manufacturing
6.0 Distribution
7.0 Project completed
What are the other two documents that belong in the scope
baseline? Ans: — WBS dictionary and project scope statement


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For the following collapsed work breakdown structure (WBS) for
Project O, the project's steering committee held a phase gate
review of the Feasibility results. That review determined that the
project's proposed design would be obsolete before it would reach
the marketplace.


WBS ID Description
0.0 Project O
1.0 Project started
2.0 Feasibility
3.0 Design
4.0 Development
5.0 Manufacturing
6.0 Distribution
7.0 Project completed
Which action should the project manager initiate? Ans: —
Terminating the project as soon as possible and releasing the
project's resources
A project is an operational necessity to repair a design flaw in the
date field that constrains the year number to two digits, instead of
permitting the year to be indicated with four digits. If the project
is not completed before December 31, 1999, many legacy
programs are expected to fail or produce unpredictable outcomes.
The marketing department wants to upgrade its existing computer
equipment and have the costs included in the budget for this
project. The project team implemented the marketing
department's request without completing the formal change
control procedures.


What has happened to the scope baseline in this scenario? Ans: —
Scope creep has caused a scope variance.

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