WGU C722 Project Management Questions and Answers Graded A+
1 view 0 purchase
Course
WGU C722 Project Management
Institution
WGU C722 Project Management
WGU C722 Project Management
Questions and Answers Graded A+
How does a work breakdown structure (WBS) help in project management?
It decomposes the project into smaller, manageable sections, helping to organize tasks and
assign responsibilities clearly.
What is the purpose of a project ch...
WGU C722 Project Management
Questions and Answers Graded A+
How does a work breakdown structure (WBS) help in project management?
✔✔ It decomposes the project into smaller, manageable sections, helping to organize tasks and
assign responsibilities clearly.
What is the purpose of a project charter?
✔✔ To formally initiate the project, define its objectives, scope, stakeholders, and roles, and
secure approval to proceed.
Why is scope creep a concern in project management?
✔✔ It leads to uncontrolled changes or continuous growth in a project’s scope, potentially
causing delays, budget overruns, and resource issues.
What is the significance of a project schedule?
✔✔ It defines the timeline for the project, outlining when tasks should be completed and how
they align with overall project goals.
1
,What does the term "critical path" refer to in project management?
✔✔ The longest sequence of dependent tasks that determines the shortest possible project
duration.
What is the purpose of risk management in project management?
✔✔ To identify, assess, and mitigate risks that could negatively impact the project’s success.
How can project managers ensure effective communication?
✔✔ By creating a communication plan, identifying stakeholders, and providing timely, clear
updates throughout the project lifecycle.
What is the function of a project budget?
✔✔ It allocates financial resources to various project activities, ensuring costs stay within the
approved budget.
What is resource leveling in project management?
✔✔ It involves adjusting the project schedule to balance resource allocation, preventing overuse
of any particular resource.
2
, What is a project milestone?
✔✔ A significant event or achievement in the project that marks progress, such as the
completion of key deliverables.
Why is stakeholder engagement important in project management?
✔✔ Engaging stakeholders helps align expectations, secure support, and ensure their needs are
considered throughout the project.
What is the difference between quality assurance and quality control?
✔✔ Quality assurance focuses on preventing defects in processes, while quality control involves
inspecting and correcting defects in deliverables.
How does earned value management (EVM) help in project tracking?
✔✔ EVM compares planned performance to actual performance, helping assess the project's
progress and forecast its future outcomes.
What is the significance of a change control process in a project?
✔✔ It ensures that all changes to the project scope, schedule, or budget are reviewed,
documented, and approved before implementation.
3
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 ExcellentScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.