WGU C722 PROJECT MANAGEMENT OA FINAL EXAM BANK CURRENTLY TESTING COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS /EXPERT VERIFIED /ALREADY GRADED A+/BRAND NEW!!

WGU - C722 EXAM| QUESTIONS AND ANSWERS | 2026/2027 UPDATE |
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Time Management Plan _ANSWER-Explains how the schedule will be developed,
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monitored and controlled.
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Configuration Management Plan _ANSWER-Documents how the project team and
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stakeholders will keep track of the versions of project documents to ensure that the
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most up-to-date document is in use.
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Change Management Plan _ANSWER-Documents how changes to the project outcomes
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will be managed, approved, implemented, and monitored.
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Process Improvement Plan _ANSWER-Describes how the processes and procedures used
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on the project will be evaluated to ensure that the most efficient methods are
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implemented.
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Requirements Management Plan _ANSWER-Documents how the customer and m0 m0 m0 m0 m0 m0 m0




stakeholder requirements will be identified, integrated to the project scope, tracked
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throughout the project, and verified at closure.
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monitoring and controlling _ANSWER-It is central to the PM's role to know the status of the
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project work (monitor) and take action as needed to ensure the project plan is
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completed as planned (control).
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lessons learned _ANSWER-have great value to the project organization because they
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provide guidance for future projects.
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,The triple constraint concept _ANSWER-It is not possible to change any one side of a
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triangle without affecting the other two characteristics
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The triple constraints are: _ANSWER-Time, Cost, Scope
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project scope _ANSWER-is, simply put, what the result of the project is desired to be.
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statement of work (SOW) _ANSWER-It defines the product of the project.
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Scope creep _ANSWER-occurs when there are any—but particularly small—incremental
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additions to the project scope that are not subject to the formal scope change process.
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critical path _ANSWER-is defined as the path with the longest duration from the start of the
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project to its completion.
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Float time/slack time _ANSWER-is the amount of time an activity can be delayed without
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affecting the completion date of the project.
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Administrative activities _ANSWER-during the project closing phase include performancem0 m0 m0 m0 m0 m0 m0 m0




report preparation, return of assets to the sponsoring organizations, archival of records,
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and documentation of lessons learned.
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Customer delivery activities _ANSWER-project closing phase include returning excess
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materials, reconciling accounts payable, and preparing required financial reports.
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Milestones _ANSWER-in a project schedule identify critical events and other activities that
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must be performed by specific dates before the project may proceed.
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Iterative planning processes _ANSWER-allows the project to move forward in phases when
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not enough information is known to plan the entire project
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common components of project scope statements _ANSWER-Project constraints, project
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acceptance criteria and technical requirements
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Project schedule _ANSWER-A timeline that specifies when the project begins and when it is
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supposed to end
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Project cost _ANSWER-The sum total of all expenses directly charged to the project
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Traditional project management methods _ANSWER-PERT, CPM, critical chain, waterfall,
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and PRINCE2
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Project evaluation and review technique (PERT) _ANSWER-was developed in the 1950s to
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support the U.S. Navy's Polaris missile project. It uses a statistical approach to
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estimate the time that will be required to complete project work activities.
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, Critical path method (CPM) _ANSWER-was developed for the DuPont Corporation to help
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with projects in their manufacturing plants. It used for estimating project activity
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durations but CPM assumes that the estimates do not vary and time can be reliably
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estimated.
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Critical chain project management (CCPM) _ANSWER-focuses on managing the
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uncertainties of a project. It assumes that resources available to complete the project
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are in limited supply and it specifically plans to ensure resource availability.
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Waterfall _ANSWER-is a traditional practice which found its best use in software and
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hardware development.
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Extreme _ANSWER-addresses issues of extraordinary uncertainty or complexity.
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PRINCE2 _ANSWER-is a highly structured project management method which focuses on
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the specification of the outputs rather than the coordination of activities
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duration _ANSWER-describe the number of time periods required to complete some
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portion of the work.
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activities _ANSWER-are the starting point for developing the project schedule because
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they identify specific work that will need to occur in order to execute the project.
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Deterministic duration estimation techniques _ANSWER-are appropriate when the activity
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durations are very predictable.
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Probabilistic duration estimation techniques _ANSWER-are used when there is uncertainty
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in how long an activity will take.
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one-point estimate _ANSWER-requires that the team expert provide a reliable estimate of
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the time necessary to complete the activity.
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triangular distribution _ANSWER-Activity Duration=O+M+P/3
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beta distribution _ANSWER-uses the three estimates (optimistic, most likely, and
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pessimistic) but places emphasis on the most likely estimate. Activity
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Duration=O+4M+P/6
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learning curves _ANSWER-that as a person repeats a task, the time required to complete
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the task decreases.
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Other factors that can influence the impact of learning curves _ANSWER-The complexity of
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the activity
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The level of human input required The
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duration of the activity
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