WGUIC783IExamI(LatestI2024/I2025I
Update)IProjectIManagement|IQuestionsI
andIVerifiedIAnswers|I100%ICorrect|I
GradeIA
Q:IMonitoringIandIControllingIProcessIgroup
Answer:
MonitoringIandIcontrollingIconsistsIofIthoseIprocessesIthatIareIperformedItoIobserveIprojectIe
xecution,IsoIthatIpotentialIproblemsIcanIbeIidentifiedIinIaItimelyImannerIandIcorrectiveIaction
IcanIbeItaken,IwhenInecessary,ItoIcontrolItheIexecutionIofItheIproject
Q:IProjectImanagementIprocessIgroups
Answer:
theIprojectImanagementIprocessIgroupsIprogressIfromIinitiatingIactivitiesItoIplanningIactivities
,IexecutingIactivities,ImonitoringIandIcontrollingIactivities,IandIclosingIactivities.ITheIprocessI
groupsIareIlinkedIbyItheIresultsItheyIproduce,II.e,ItheIresultIorIoutcomeIofIoneIbecomesIanIin
putItoIanother
Q:INPVI(netIpresentIvalue)
Answer:
netIpresentIvalueIevaluatesItheIcashIinflowsIusingItheIdiscountedIcashIflowItechnique,IwhichIi
sIappliedItoIeachIperiodItheIinflowsIareIexpected.ITheItotalIpresentIvalueIofItheIcashIflowsIisI
deductedIfromItheIinitialIinvestmentItoIdetermineINPV.IItIassumesIthatIcashIinflowsIareIreinve
stedIatItheIcostIofIcapital.IThisIisIsimilarItoIdiscountedIcashIflow
,Q:IProjectIProcesses
Answer:
AIprocessIisIaIsequenceIofIinterdependentIandIlinkedIproceduresIconsumingIoneIorImoreIreso
urcesItoIconvertIinputsIintoIoutputs.ITheseIoutputsIthenIserveIasIinputsIforItheInextIstageIuntil
IaIknownIgoalIorIendIresultIisIreached
Q:IProjectILifeICycle
Answer:
TheIprojectIlifeIcycleIisIaIgroupIofIsequentialIandIrelatedIprojectIphasesIthatIareIdefinedIbyIth
eIorganizationIandIcontrolIneedsIofItheImanagementIorIorganizationsIconcernedIwithItheIproje
ct,ItheInatureIofItheIprojectIitself,IandItheIapplicationIarea.
Q:IProject
Answer:
InIPM,IaIprojectIconsistsIofIaItemporaryIendeavorIundertakenItoIcreateIaIuniqueIproduct,Iservi
ce,IorIresult.IAnotherIdefinitionIisIaImanagementIenvironmentIthatIisIcreatedIforItheIpurposeIo
fIdeliveringIoneIorImoreIbusinessIproductsIaccordingItoIaIspecifiedIbusinessIcase.
Q:IProgramIManagementIOffice
Answer:
AIprogramImanagementIofficeIisIanIorganizationalIentityIthatIisIstructuredIforIapplyingIprogra
mImanagementIpracticesItoItheIneedsIofIaIparticularIprogram.IItIisIresponsibleIforIprovidingIc
entralizedIcoordinatedIsupportItoItheIprogramImanagersImanagingIprogramsIandIunrelatedIpro
jects
,Q:IFunctionalIOrganization
Answer:
InIaIfunctionalIorganization,IteamImembersIareIloyalItoItheirIdepartmentIandIreportIonlyItoIth
eirIfunctionalImanager.ITheIprojectImanagerIisIpart-
timeIonItheIprojectIandIreportsItoIaIfunctionalImanager;ItheIteamImembersIareIpart-
timeIasIwell.ITheIprojectImanagerIhasIonlyIlimitedIcontrolIoverIteamImembersIbecauseItheyIr
eportItoItheIfunctionalImanager
Q:IMatrixIOrganization
Answer:
InIaImatrixIorganization,IteamImembersImaintainIaIhomeIinItheirIdepartmentIandIreportItoIbot
hItheIfunctionalImanagerIandItheIprojectImanager.ITheIprojectImanagerIisIfull-
timeIonItheIproject,IwhileIteamImembersIareIpart-
time.IOverall,IaImatrixIorganizationIconstitutesIaIcomplexIandIcostlyIbutIreasonablyIeffectiveI
projectIorganization
Q:IOrganizationalIculture
Answer:
OrganizationalIcultureIisItheIcollectiveIbehaviorIofIhumansIthatIareIpartIofIanIorganization.IItI
isIalsoIformedIbyItheIorganizationIvalues,Ivisions,Inorms,IworkingIlanguage,Isystems,IandIsy
mbols,IwhichIincludesIbeliefsIandIhabits
Q:IOrganizationalIProcessIAssets
Answer:
OrganizationalIprocessIassetsIareIelementsIofIhistoricalIinformation,Iguidelines,Iprocesses,Iand
IstandardIproceduresIwithinIanIorganization.ITheyIareIusuallyIsomethingIthatIhaveIbeenIcreate
dIbeforeItheIprojectIbeginsIandIoften,IbutInotIalways,IcomeIfromIhistoricalIinformation.
, Q:IOrganizationalIstructure
Answer:
OrganizationalIstructureIisItypicallyIhierarchicalIarrangementIofIlinesIofIauthority,Icommunicat
ions,IrightsIandIdutiesIofIanIorganization.IItIidentifiedIhowItheIroles,IpowerIandIresponsibilitie
sIareIassigned,Icontrolled,IandIcoordinated,IandIhowIinformationIflowsIbetweenItheIdifferentIl
evelsIofImanagement.
Q:IProjectIsponsor
Answer:
ThisIisIusuallyIanIexecutiveIinItheIorganization.ITheIprojectIsponsorIhasItheIauthorityItoIassig
nIresourcesIandIenforceIdecisionsIregardingItheIproject
Q:IProjectIstakeholders
Answer:
ProjectIstakeholdersIareIindividualsIandIorganizationsIthatIareIactivelyIinvolvedIinItheIproject,
IorIwhoseIinterestsImayIbeIaffectedIasIaIresultsIofIprojectIexecutionIorIprojectIcompletion
Q:IProjectizedIorganization
Answer:
InIaIprojectizedIorganization,IteamImembersIhaveInoIdepartmentItheyIbelongIto;ItheyIareIloya
lIonlyItoItheIproject.IBothItheIprojectImanagerIandIteamImembersIareIfull-
timeIonItheIproject,IandItheIprojectImanagerIhasIcontrolIoverIteamImembersIbecauseItheyIrep
ortIonlyItoIher
