WGU C954 Section 4 Exam
Questions and Answers 100%
PASS
Why would a project require an executive sponsor according to the Project Management
Institute (PMI)?—ANSWER-To provide financial resources for a project
What is a program evaluation and review technique (PERT) chart?—ANSWER-A graphical
network model that depicts a project's tasks and the relationships between those tasks
Which factor is a primary reason for project failure?—ANSWER-The balance of the triple
constraints
What is agile methodology?—ANSWER-A methodology that aims for customer satisfaction
through early and continual delivery of useful software components developed by an
iterative process with a design point that uses the bare minimum requirements
What is waterfall methodology?—ANSWER-A sequence of phases in which the output of
each phase becomes the input for the next
What is the systems development life cycle (SDLC)?—ANSWER-The overall process for
developing information systems, from planning and analysis through implementation and
maintenance
, What is the definition of project scope?—ANSWER-The need, justification, requirements,
and current boundaries for a project
What is a value chain analysis?—ANSWER-A business tool that views a firm as a series of
business processes that add value to a product or service
What is the definition of Porter's three generic strategies?—ANSWER-A business strategy
involving methods that are neither organization- nor industry-specific and can be applied to
any business, product, or service
What is an assessment of the competitive forces within the environment in which a
company operates to evaluate the potential for profitability in an industry?—ANSWER-
Porter's five forces model
What is a SWOT analysis?—ANSWER-An evaluation of an organization's strengths,
weaknesses, opportunities, and threats to identify significant influences that work for or
against business strategies
Which supply chain activity includes building relationships with suppliers to procure raw
materials?—ANSWER-Source
supplier power—ANSWER-The supplier's ability to influence the price they charge for
supplies, including material labor and service
threat of substitute products or services—ANSWER-This is high when there are many
alternatives to a product or service and low when they are a few alternatives from which to
choose.
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
Questions and Answers 100%
PASS
Why would a project require an executive sponsor according to the Project Management
Institute (PMI)?—ANSWER-To provide financial resources for a project
What is a program evaluation and review technique (PERT) chart?—ANSWER-A graphical
network model that depicts a project's tasks and the relationships between those tasks
Which factor is a primary reason for project failure?—ANSWER-The balance of the triple
constraints
What is agile methodology?—ANSWER-A methodology that aims for customer satisfaction
through early and continual delivery of useful software components developed by an
iterative process with a design point that uses the bare minimum requirements
What is waterfall methodology?—ANSWER-A sequence of phases in which the output of
each phase becomes the input for the next
What is the systems development life cycle (SDLC)?—ANSWER-The overall process for
developing information systems, from planning and analysis through implementation and
maintenance
, What is the definition of project scope?—ANSWER-The need, justification, requirements,
and current boundaries for a project
What is a value chain analysis?—ANSWER-A business tool that views a firm as a series of
business processes that add value to a product or service
What is the definition of Porter's three generic strategies?—ANSWER-A business strategy
involving methods that are neither organization- nor industry-specific and can be applied to
any business, product, or service
What is an assessment of the competitive forces within the environment in which a
company operates to evaluate the potential for profitability in an industry?—ANSWER-
Porter's five forces model
What is a SWOT analysis?—ANSWER-An evaluation of an organization's strengths,
weaknesses, opportunities, and threats to identify significant influences that work for or
against business strategies
Which supply chain activity includes building relationships with suppliers to procure raw
materials?—ANSWER-Source
supplier power—ANSWER-The supplier's ability to influence the price they charge for
supplies, including material labor and service
threat of substitute products or services—ANSWER-This is high when there are many
alternatives to a product or service and low when they are a few alternatives from which to
choose.
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
