Axelos Study guides, Class notes & Summaries

WGU C722 Project Management Latest Update Graded A+ Triple constraint time, cost, scope Red light issues things that will immediately impact the success of the project yellow light issues 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 (monthly) multi project review for sponser and other senior managers; milestones 8 and 80 rule avoid controlling tasks of less than 8 hours; don...

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...

WGU C722 Project Management Terminology Questions and Answers 100% Pass operations - Correct Answer ️️ -the ongoing, daily activities of an organization that produces revenue and expense Pg 10 projects - Correct Answer ️️ -a temporary endeavor with a specified start and end date Pg 10 business strategy - Correct Answer ️️ -the activities, methods, tactics, etc. that will be employed to meet the business's goals Pg 12 SMEs (subject matter experts) - Correct Answer ️️ -a p...

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...

Triple constraint Correct Answer time, cost, scope Red light issues Correct Answer things that will immediately impact the success of the project Yellow light issues Correct 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 Correct Answer (monthly) multi project review for sponser and other senior managers; milestones 8 and 80 rule Correct Answer avoid controlling ...

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 ...

Project Management C722, Unit 2 Test 100% Correct In which organization do subject matter experts (SMEs) from different functional areas report directly to the project manager for a specific project? a) Matrix b) Projectized c) Project Management Office d) Functional - Correct Answer ️️ -b) Projectized PMI's __________ provide frameworks and processes in the areas of project, program, and portfolio management Organization Project Management Maturity (OPM3) a) APM Body of Knowledge ...

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...

WGU C722 Project Management Study Guide terms, Top Questions and answers. Verified Project Life Cycle Phases - -Defining, Planning, Executing, Closing Defining - -initial phase of the project life cycle, determining the project's sponsor and manager, creating a charter Planning - -second phase of the project lifecycle: technology, business process, staffing, training, testing, communications, budget constraints, integration of the project with operations and other projects Executi...

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...