Exam (elaborations)
WGU C722 Project Management a questions with complete solutions 2024
- Course
- Institution
WGU C722 Project Management a questions with complete solutions 2024
[Show more]
Content preview
WGU C722 Project ManagementWhat is a project?
Any temporary endeavor with specific start and end dates that results in a
unique product, service, or result
What does project management involve?
Managing everything about the project to get the desired result
What are organizations?
Complex entities that engage in two types of activities: operations and
projects
What is a project (in terms of business activity)?
A project modifies the business or its products for future profitability. A project
develops a new product or service, including: new technology features, an
improved service, or cost reduction for the business in providing services,
such as better accounting systems.
Why are organizations becoming increasingly complex?
- Changing workforce demographics
- Increased use of technology
- Increase in cross-cultural workforce and customer bases
- Increase in international activities
,- Increase in demand for high-complexity, low-cost products
- Shorter product life cycles
- Increase in corporate social responsibility
- Increase in corporate ethical practices
Who were the "parents" of time and motion study?
Frank and Lillian Gilbreth
Who was the father of scientific management?
Frederick Taylor
Which associate of Frederick Taylor studied organizational operations,
specifically management technique in the construction of WWI Navy ships?
Henry Gantt
What is a Gantt chart?
A horizontal bar chart that sequences tasks and provides the duration of each
task
What are the 10 distinct areas in which project managers must be competent?
- Integration management
- Scope management
,- Time management
- Cost management
- Quality management
- Human resources management
- Communication management
-Risk management
- Procurement management
- Stakeholder management
What is a mnemonic for remembering the 10 competencies a project manager
must have?
It's so tricky (to) cradle quirky hounds. CR(i)P(e)S!
Integration, scope, time, cost, quality, human resources, communication, risk,
procurement, stakeholder
What is integration management?
Includes processes and activities needed to identify, define, and coordinate
various processes and project management activities
AD
What is scope management?
, Includes the processes that ensure that all the work required is identified to
complete the project successfully
What is time management?
Includes the processes required to manage the timely completion of the
project
What is cost management?
Includes the processes involved in planning, estimating, budgeting, managing,
and controlling costs so that the project can be completed within the approved
budget
What is quality management?
Includes processes and activities that determine quality policies, objectives,
and responsibilities
What is human resources management?
Includes the processes that organize, manage, and lead the project team
What is communication management?
Includes processes to ensure timely and appropriate planning, creation,
distribution, management, control, and monitoring of project information
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 LEWISSHAWN55. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73091 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now