Portia's WGU C722
projects - correct answer ✔are temporary endeavors with a specified start
and end date that exist to develop a unique product, service, or result.
Which of the following would be established to organize the work required to
coordinate several related efforts to create one or more deliverables that a
company plans to complete over the new fiscal year? - correct answer
✔Program
portifolio - correct answer ✔is a group of related programs which support a
long term company goal or objective.
Life Cycle Phase Defining - correct answer ✔The defining phase ends with
the decision to accept or reject the project proposal.
Life Cycle Phase Planning - correct answer ✔The planning phase is when
project requirements are gathered from the stakeholders, and ends with the
approval of the project scope, budget, and schedule.
Life Cycle Phase Executing - correct answer ✔monitoring and controlling
occur during execution to ensure that the project stays on track
Life Cycle Phase Closing - correct answer ✔During the closing phase, all
procurement activity is completed, the customer accepts delivery of the
finished project, and project documentation is finished.
, Lessons learned are written during the closing phase.
Which Life Cycle Phase is Iterative - correct answer ✔executing phase -
planning will recur in order to make adjustments to the project trajectory
What triple constraints does a project need to meet to be successful? - correct
answer ✔Scope, Cost, Time
A project to build a new city library is being planned using federal grant
money. The library director, grant
administrators, and city planners disagree on some points of the building
design. Some stakeholders want to dedicate more community meeting space,
while others want more shelves to increase the number of books in the
library's collection. Which triple constraint is being debated? - correct answer
✔scope
Cost - correct answer ✔includes the processes involved in planning,
estimating, budgeting, managing, and controlling costs so that the project can
be completed within the approved budget
Time - correct answer ✔includes the processes required to manage the
timely completion of the project
Define change management - correct answer ✔the formal process of
introducing change, getting it adopted, and diffusing it throughout the
organization
An employee is reviewing a documented project requirements to ensure they
are feasible and suitable. This includes the training plan, one of the projects
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