100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WGU C722- Project Management (PHEO) - Objective Assessment Study Guide $14.49   Add to cart

Exam (elaborations)

WGU C722- Project Management (PHEO) - Objective Assessment Study Guide

 7 views  0 purchase
  • Course
  • C722
  • Institution
  • C722

WGU C722- Project Management (PHEO) - Objective Assessment Study Guide

Preview 4 out of 68  pages

  • July 1, 2024
  • 68
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • C722
  • C722
avatar-seller
Schoolflix
WGU C722- Project Management (PHEO) -
Objective Assessment Study Guide
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?
Independent operations
Interdependent tasks
Regulatory concept
External environment
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?
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
Improvement in product design
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.
Director of operations
Production supervisor
Project sponsor Financial controller
Project sponsor
Which group is included in the five process groups?
Risk process group
Closing process group
Communication process group
Quality process group
Closing process group
What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
PRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery part of project management where the main activity happens?
Planning
Executing
Controlling
Closing
Executing
Which advantage does the functional (departmentalized) organizational structure provide for a firm with multiple projects? Lines of authority are clear.
The project customer is the only focus.
It is efficient for collaboration and cooperation between departments.
Each project is managed holistically.
Lines of authority are clear.
Which two organizations are examples of organizations with the functional organizational structure?
Microsoft
The U.S. Department of State
The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc.
(1) The U.S. Department of State and (2) The U.S Department of Energy
An organization expects to use a project management office (PMO) to support multiple projects that will be implemented within a projectized organizational structure. Which implied effect is a benefit to this organization?
Project team members retain their functional responsibilities.
Project team members become full-time employees.
Project team members gain access to the newest technologies and skill sets.
Project team members gain access to historical data from other projects.
Project team members gain access to historical data from other projects.
Regardless of the organizational structure used to manage a project, an organization elects to use a project management office (PMO). Which benefit will this organization gain?
Projects will coordinate resource usage by monitoring the status of shared resources. Projects will define the organization's corporate strategy in the project charter.
Projects will receive a 10% managerial reserve fund to cover warranty back charges.
Projects will eliminate the costs incurred from having to follow corporate procedures.
Projects will coordinate resource usage by monitoring the status of shared resources.
During a certain project phase, specific blueprints are drawn and approved, materials and labor costs are estimated, prototypes are created, and work activities and tasks are identified. Also, quality expectations, measurements, and costs are defined. During which project phase do these activities occur?
Defining
Planning
Executing
Closing
Planning
Place the project activities in order of occurrence from first (1) to last (5).
(1) Collecting customer requirements (2) Developing the work breakdown structure (3) Working to produce project deliverables (4) Customers evaluating the
project outcomes (5) Capturing lessons learned
During which life cycle phase is the vast majority of the actual work to produce the project's deliverables completed?
Defining
Planning
Executing
Closing
Executing

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Schoolflix. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73243 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.49
  • (0)
  Add to cart