WGU C722 Practice Test 2 Questions with Verified
Answers
_______________________is defined as the total dollar budget of the work that
has been completed. Ans✓✓✓ Budget at Completion
_____________________is based on the baseline budgeted cost of each activity.
Ans✓✓✓ Earned Value
A chain of grocery stores undertakes a project to replace card readers in their
checkout lines with a new technology consistent with current banking regulations
and encryption standards since the old technology is being phased out by their
bank. What project selection model is being utilized in this situation? Ans✓✓✓
Operating necessity
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 triggered this strategic business initiative?
Ans✓✓✓ Project sponsor
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 general contractor is managing a construction project that will add a new
conference room to an existing office building. The project was documented in a
fixed-price contract that specified a completion date. The contract includes a
damages clause imposing a late completion penalty if the conference room is not
ready for use by the due date. One month into the implementation, the customer
wants to modify the room's lighting equipment. The requested change will delay
the project's critical path by three months.Which process should be used to
maintain the existing baseline? Ans✓✓✓ Using a change management system to
influence performance
A large construction project to build apartments to house athletes for the
upcoming Olympic games is underway. If anything starts getting off track, which
triple constraint would not be appropriate to adjust? Ans✓✓✓ Time
A manufacturing company is reviewing potential projects for the coming year
based on the CEO's request to reduce overhead costs. Which of the following
projects would best align with the company's desired business strategy?
Ans✓✓✓ Replacing warehouse lighting with higher efficiency bulbs and motion
sensors
A new project manager is taking over for the previous PM who is no longer with
the company. As she starts getting to know the project team, which of the
following tools would give the new PM the best snapshot of who all the project
team members are and their individual roles on the project? Ans✓✓✓ Resource
responsibility matrix
A new project team is made up of people from several different departments.
Due to the way workspaces are designed and the number of project team
members, there is no space large enough for all team members to meet together
in their weekly meetings. What type of risk is this? Ans✓✓✓ Organizational
, A newly established PMO asks management, employees, and project
management staff to submit questions to be used as criteria for prioritizing
projects. They plan to use all submitted questions and weight them based on how
many people submit the same question. What is the benefit of using this
approach? Ans✓✓✓ Project impact to all departments will be considered
A newly established PMO asks management, employees, and project
management staff to submit questions to be used as criteria for prioritizing
projects. They plan to use all submitted questions and weight them based on how
many people submit the same question. What type of project selection model is
being used? Ans✓✓✓ Checklist
A project manager and her team do a make/buy analysis and determine that even
though they have the expertise in-house to build a new security system for the
company's warehouse, they will outsource the project to a vendor. The vendor
has an existing product with full technical support provided in the contract. What
type of risk response is this? Ans✓✓✓ Transfer
A project manager has identified activities in a calendarized budget.What is the
appropriate next planning action this project manager should take to utilize the
cost, duration, and sequencing information for these activities? Ans✓✓✓
Creating project schedules
A project manager is working on a large two-year IT project. At the end of the first
year, the project is two months behind schedule because the interface
programming is taking longer than planned. The sponsor will not extend the
deadline or the budget but is willing to eliminate an interface.Which schedule
compression technique can the project manager use? Ans✓✓✓ Scope reduction
Answers
_______________________is defined as the total dollar budget of the work that
has been completed. Ans✓✓✓ Budget at Completion
_____________________is based on the baseline budgeted cost of each activity.
Ans✓✓✓ Earned Value
A chain of grocery stores undertakes a project to replace card readers in their
checkout lines with a new technology consistent with current banking regulations
and encryption standards since the old technology is being phased out by their
bank. What project selection model is being utilized in this situation? Ans✓✓✓
Operating necessity
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 triggered this strategic business initiative?
Ans✓✓✓ Project sponsor
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 general contractor is managing a construction project that will add a new
conference room to an existing office building. The project was documented in a
fixed-price contract that specified a completion date. The contract includes a
damages clause imposing a late completion penalty if the conference room is not
ready for use by the due date. One month into the implementation, the customer
wants to modify the room's lighting equipment. The requested change will delay
the project's critical path by three months.Which process should be used to
maintain the existing baseline? Ans✓✓✓ Using a change management system to
influence performance
A large construction project to build apartments to house athletes for the
upcoming Olympic games is underway. If anything starts getting off track, which
triple constraint would not be appropriate to adjust? Ans✓✓✓ Time
A manufacturing company is reviewing potential projects for the coming year
based on the CEO's request to reduce overhead costs. Which of the following
projects would best align with the company's desired business strategy?
Ans✓✓✓ Replacing warehouse lighting with higher efficiency bulbs and motion
sensors
A new project manager is taking over for the previous PM who is no longer with
the company. As she starts getting to know the project team, which of the
following tools would give the new PM the best snapshot of who all the project
team members are and their individual roles on the project? Ans✓✓✓ Resource
responsibility matrix
A new project team is made up of people from several different departments.
Due to the way workspaces are designed and the number of project team
members, there is no space large enough for all team members to meet together
in their weekly meetings. What type of risk is this? Ans✓✓✓ Organizational
, A newly established PMO asks management, employees, and project
management staff to submit questions to be used as criteria for prioritizing
projects. They plan to use all submitted questions and weight them based on how
many people submit the same question. What is the benefit of using this
approach? Ans✓✓✓ Project impact to all departments will be considered
A newly established PMO asks management, employees, and project
management staff to submit questions to be used as criteria for prioritizing
projects. They plan to use all submitted questions and weight them based on how
many people submit the same question. What type of project selection model is
being used? Ans✓✓✓ Checklist
A project manager and her team do a make/buy analysis and determine that even
though they have the expertise in-house to build a new security system for the
company's warehouse, they will outsource the project to a vendor. The vendor
has an existing product with full technical support provided in the contract. What
type of risk response is this? Ans✓✓✓ Transfer
A project manager has identified activities in a calendarized budget.What is the
appropriate next planning action this project manager should take to utilize the
cost, duration, and sequencing information for these activities? Ans✓✓✓
Creating project schedules
A project manager is working on a large two-year IT project. At the end of the first
year, the project is two months behind schedule because the interface
programming is taking longer than planned. The sponsor will not extend the
deadline or the budget but is willing to eliminate an interface.Which schedule
compression technique can the project manager use? Ans✓✓✓ Scope reduction
