WGU C722 Project Management |OA
Objective Assessment Exam
"working" project manager - ANSWER-a functional manager
"working" project manager - ANSWER-a functional manager
0-100 Rule - ANSWER-Every task is marked as 0% completed until it is finished, then
marked as 100%
50-50 Rule - ANSWER-Assigns 50% compete once activity is started, and 100% upon
completion. No in between, every task is marked with either a 0%, 50%, or 100%
8 and 80 Rule - ANSWER-a project manager should avoid controlling tasks that take
less than eight hours and should not let more than two weeks go by without checking in
8 and 80 Rule - ANSWER-a project manager should avoid controlling tasks that take
less than eight hours and should not let more than two weeks go by without checking in
8/80 rule - ANSWER-do not assign anything that takes less than eight hours so we
allow resources sufficient work to occupy them and we don't micromanage
AC - ANSWER-Actual Cost
Total dollar value of costs to date, includes work and invoices already paid as well as
expenses that have been incurred but not invoiced or paid
Accepting - ANSWER-the risk is a response strategy where we recognize the risk and
say that it is a part of the project, normal business practice and the team will plan to
accept it accordingly.
Active listening - ANSWER-the following is important to understanding what others are
saying both verbally and nonverbally and for effective project management
Active listening - ANSWER-the following is important to understanding what others are
saying both verbally and nonverbally and for effective project management
activities - ANSWER-are the starting point for developing the project schedule because
they identify specific work that will need to occur in order to execute the project.
Activities are connected to two types of deliverables: - ANSWER-Project management -
communications, planning, execution, etc.
Project specific to the desired end result of this project
,Activity Estimate Range - ANSWER-(P−O)
Activity Estimate Standard Deviation - ANSWER-P−O/6
Adjourning - ANSWER-This only occurs when all the team's work has been completed
and the team is no longer required. This may occur at any time in the project life cycle.
Administrative activities - ANSWER-during the project closing phase include
performance report preparation, return of assets to the sponsoring organizations,
archival of records, and documentation of lessons learned.
Advantages of Functional (Departmentalized) - ANSWER-Lines of authority are clear.
Departmental work is easily prioritized by identified departmental authority.
There is flexibility in the use of staff.
Subject matter experts (SME) available to work on multiple projects.
Knowledge and experience readily shared between functional specialists.
Technical continuity exists within the organization.
Professional growth and career paths for the staff are clearly defined.
Advantages of Functional (Departmentalized) - ANSWER-Lines of authority are clear.
Departmental work is easily prioritized by identified departmental authority.
There is flexibility in the use of staff.
Subject matter experts (SME) available to work on multiple projects.
Knowledge and experience readily shared between functional specialists.
Technical continuity exists within the organization.
Professional growth and career paths for the staff are clearly defined.
Advantages of Matrix - ANSWER-Central focus is the project.
Project managers have access to a large reservoir of technically skilled people.
Potentially more access to SMEs as needed. More chance to get the most appropriate
SME.
Project team members have less anxiety about the future.
Customer issues are responded to quickly.
Administrative personnel are not duplicated in each project team.
Resource balancing between projects is simpler and more efficient.
Project team organization is more flexible.
Advantages of Matrix - ANSWER-Central focus is the project.
Project managers have access to a large reservoir of technically skilled people.
Potentially more access to SMEs as needed. More chance to get the most appropriate
SME.
Project team members have less anxiety about the future.
Customer issues are responded to quickly.
Administrative personnel are not duplicated in each project team.
Resource balancing between projects is simpler and more efficient.
, Project team organization is more flexible.
Advantages of Projectized - ANSWER-Clear lines of authority, the project manager has
full authority.
Once SMEs are assigned, there is less need to negotiate availability of resources.
Project is managed holistically.
Response to customer and stakeholder issues is faster and clearer.
Skilled project team can support several successive projects of the same type.
Timely decision making on project issues.
Organizational structure is simple, flexible, and easy to understand.
Advantages of Projectized - ANSWER-Clear lines of authority, the project manager has
full authority.
Once SMEs are assigned, there is less need to negotiate availability of resources.
Project is managed holistically.
Response to customer and stakeholder issues is faster and clearer.
Skilled project team can support several successive projects of the same type.
Timely decision making on project issues.
Organizational structure is simple, flexible, and easy to understand.
apportion method - ANSWER-is based on the ratio method but takes into consideration
specific functionality or types of work that will be required.
BAC - ANSWER-Budget at Completion
Approved total baseline budget approved for completed project
backward pass - ANSWER-know the required end date of the project, we can start from
the end date
baseline budget - ANSWER-is the approved budget and will be used as the standard for
comparison of actual costs throughout the life of the project and identifying variances.
beta distribution - ANSWER-uses the three estimates (optimistic, most likely, and
pessimistic) but places emphasis on the most likely estimate. Activity
Duration=O+4M+P/6
Bottom-up estimation methods - ANSWER-require that estimates be made at the
detailed work activity level of the WBS.
Business scenario - ANSWER-represents an important business need or issue and
provides an opportunity for others to create an appropriate, valuable solution
Business scenario - ANSWER-represents an important business need or issue and
provides an opportunity for others to create an appropriate, valuable solution
Objective Assessment Exam
"working" project manager - ANSWER-a functional manager
"working" project manager - ANSWER-a functional manager
0-100 Rule - ANSWER-Every task is marked as 0% completed until it is finished, then
marked as 100%
50-50 Rule - ANSWER-Assigns 50% compete once activity is started, and 100% upon
completion. No in between, every task is marked with either a 0%, 50%, or 100%
8 and 80 Rule - ANSWER-a project manager should avoid controlling tasks that take
less than eight hours and should not let more than two weeks go by without checking in
8 and 80 Rule - ANSWER-a project manager should avoid controlling tasks that take
less than eight hours and should not let more than two weeks go by without checking in
8/80 rule - ANSWER-do not assign anything that takes less than eight hours so we
allow resources sufficient work to occupy them and we don't micromanage
AC - ANSWER-Actual Cost
Total dollar value of costs to date, includes work and invoices already paid as well as
expenses that have been incurred but not invoiced or paid
Accepting - ANSWER-the risk is a response strategy where we recognize the risk and
say that it is a part of the project, normal business practice and the team will plan to
accept it accordingly.
Active listening - ANSWER-the following is important to understanding what others are
saying both verbally and nonverbally and for effective project management
Active listening - ANSWER-the following is important to understanding what others are
saying both verbally and nonverbally and for effective project management
activities - ANSWER-are the starting point for developing the project schedule because
they identify specific work that will need to occur in order to execute the project.
Activities are connected to two types of deliverables: - ANSWER-Project management -
communications, planning, execution, etc.
Project specific to the desired end result of this project
,Activity Estimate Range - ANSWER-(P−O)
Activity Estimate Standard Deviation - ANSWER-P−O/6
Adjourning - ANSWER-This only occurs when all the team's work has been completed
and the team is no longer required. This may occur at any time in the project life cycle.
Administrative activities - ANSWER-during the project closing phase include
performance report preparation, return of assets to the sponsoring organizations,
archival of records, and documentation of lessons learned.
Advantages of Functional (Departmentalized) - ANSWER-Lines of authority are clear.
Departmental work is easily prioritized by identified departmental authority.
There is flexibility in the use of staff.
Subject matter experts (SME) available to work on multiple projects.
Knowledge and experience readily shared between functional specialists.
Technical continuity exists within the organization.
Professional growth and career paths for the staff are clearly defined.
Advantages of Functional (Departmentalized) - ANSWER-Lines of authority are clear.
Departmental work is easily prioritized by identified departmental authority.
There is flexibility in the use of staff.
Subject matter experts (SME) available to work on multiple projects.
Knowledge and experience readily shared between functional specialists.
Technical continuity exists within the organization.
Professional growth and career paths for the staff are clearly defined.
Advantages of Matrix - ANSWER-Central focus is the project.
Project managers have access to a large reservoir of technically skilled people.
Potentially more access to SMEs as needed. More chance to get the most appropriate
SME.
Project team members have less anxiety about the future.
Customer issues are responded to quickly.
Administrative personnel are not duplicated in each project team.
Resource balancing between projects is simpler and more efficient.
Project team organization is more flexible.
Advantages of Matrix - ANSWER-Central focus is the project.
Project managers have access to a large reservoir of technically skilled people.
Potentially more access to SMEs as needed. More chance to get the most appropriate
SME.
Project team members have less anxiety about the future.
Customer issues are responded to quickly.
Administrative personnel are not duplicated in each project team.
Resource balancing between projects is simpler and more efficient.
, Project team organization is more flexible.
Advantages of Projectized - ANSWER-Clear lines of authority, the project manager has
full authority.
Once SMEs are assigned, there is less need to negotiate availability of resources.
Project is managed holistically.
Response to customer and stakeholder issues is faster and clearer.
Skilled project team can support several successive projects of the same type.
Timely decision making on project issues.
Organizational structure is simple, flexible, and easy to understand.
Advantages of Projectized - ANSWER-Clear lines of authority, the project manager has
full authority.
Once SMEs are assigned, there is less need to negotiate availability of resources.
Project is managed holistically.
Response to customer and stakeholder issues is faster and clearer.
Skilled project team can support several successive projects of the same type.
Timely decision making on project issues.
Organizational structure is simple, flexible, and easy to understand.
apportion method - ANSWER-is based on the ratio method but takes into consideration
specific functionality or types of work that will be required.
BAC - ANSWER-Budget at Completion
Approved total baseline budget approved for completed project
backward pass - ANSWER-know the required end date of the project, we can start from
the end date
baseline budget - ANSWER-is the approved budget and will be used as the standard for
comparison of actual costs throughout the life of the project and identifying variances.
beta distribution - ANSWER-uses the three estimates (optimistic, most likely, and
pessimistic) but places emphasis on the most likely estimate. Activity
Duration=O+4M+P/6
Bottom-up estimation methods - ANSWER-require that estimates be made at the
detailed work activity level of the WBS.
Business scenario - ANSWER-represents an important business need or issue and
provides an opportunity for others to create an appropriate, valuable solution
Business scenario - ANSWER-represents an important business need or issue and
provides an opportunity for others to create an appropriate, valuable solution
