WGU Project Management 3 Questions and Answers Graded A+
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Course
WGU Project Management 3
Institution
WGU Project Management 3
WGU Project Management 3 Questions
and Answers Graded A+
What is the primary purpose of a project charter?
a) To allocate tasks to team members
b) To determine the project budget
c) To formally authorize a project and define its objectives
d) To create the project’s risk management plan...
WGU Project Management 3 Questions
and Answers Graded A+
What is the primary purpose of a project charter?
a) To allocate tasks to team members
b) To determine the project budget
✔✔c) To formally authorize a project and define its objectives
d) To create the project’s risk management plan
What is the role of a project scope statement?
✔✔a) To clearly define the boundaries, objectives, and deliverables of a project
b) To list the project’s key risks and mitigation strategies
c) To establish the project's schedule
d) To outline the communication plan
Which of the following is a characteristic of a well-defined project objective?
a) Vague and flexible
b) Measurable and time-bound
✔✔c) Specific, measurable, attainable, relevant, and time-bound (SMART)
1
,d) Open-ended and broad
Why is stakeholder analysis important in project management?
a) To create a detailed work breakdown structure
✔✔b) To identify stakeholders’ needs, influence, and expectations
c) To determine the project budget
d) To establish the project’s schedule
What does the term "float" mean in project management?
a) The estimated budget surplus for the project
✔✔b) The amount of time a task can be delayed without affecting the project’s critical path
c) The duration of the entire project
d) The buffer time for risk management
What is a risk management plan?
✔✔a) A document outlining how risks will be identified, analyzed, and mitigated
b) A detailed analysis of project finances
c) A strategy for completing project deliverables
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, d) A timeline of the project’s milestones
Which of the following is an example of a lag in a project schedule?
✔✔a) A delay of two days between the completion of Task A and the start of Task B
b) The overlapping of two tasks in the schedule
c) An increase in the project budget
d) A reduction in project scope
What does "baseline" mean in project management?
a) A list of the team members' responsibilities
✔✔b) The approved plan for scope, schedule, or cost, used as a reference for tracking project
performance
c) The final project deliverable
d) The stakeholder communication strategy
What is the primary goal of the project closing phase?
a) To create a new project plan
b) To approve the project’s scope changes
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