PROJECT MANAGEMENT C722

Project Management C722, Unit 2 Test Exam Prep 2024/2025 With 100% Correct Answers

PROJECT MANAGEMENT C722 – PRACTICE EXAM 2 Q&A Correctly Solved 100% Score 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? *** Environment scanning 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. Which stakeholder would have trigger...

Triple constraint - Answer-time, cost, scope Red light issues - Answer-things that will immediately impact the success of the project yellow light issues - Answer-things that may be impending issues arising for the future of the project, plus recommendations for how to avoid these issues from becoming problems program review - Answer-(monthly) multi project review for sponser and other senior managers; milestones 8 and 80 rule - Answer-avoid controlling tasks of less than 8 hours; don't l...

portfolio - a group of related programs that support a long-term company goal or objective Pg 13 program - a group of related projects Pg 13 project - an activity or group of activities to generate a new, unique product, service, or results to support that program Pg 13 charter - 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 Spe...

portfolio - a group of related programs that support a long-term company goal or objective Pg 13 program - a group of related projects Pg 13 project - an activity or group of activities to generate a new, unique product, service, or results to support that program Pg 13 charter - 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 Spe...

portfolio a group of related programs that support a long-term company goal or objective Pg 13 program a group of related projects Pg 13 project an activity or group of activities to generate a new, unique product, service, or results to support that program Pg 13 charter 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...