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WGU C783 Exam (Latest 2024/ 2025 Update) Project Management| Questions and Verified Answers| 100% Correct| Grade A £9.04   Add to cart

Exam (elaborations)

WGU C783 Exam (Latest 2024/ 2025 Update) Project Management| Questions and Verified Answers| 100% Correct| Grade A

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  • WGU C783
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  • WGU C783

WGU C783 Exam (Latest 2024/ 2025 Update) Project Management| Questions and Verified Answers| 100% Correct| Grade A Q: Monitoring and Controlling Process group Answer: Monitoring and controlling consists of those processes that are performed to observe project execution, so that potential p...

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  • August 3, 2024
  • 56
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU C783
  • WGU C783
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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

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