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WGU C722 Project Management questions and answers already passed 2024
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WGU C722 Project Management questions and answers already passed 2024
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WGU C722 Project ManagementProjects - correct answer ✔A temporary activity that creates a unique result.
Initiatives with specific goals and start and end dates.
Develop a new product or service reduces cost add technology.
Example of Projects - correct answer ✔* A car company developing a new
passenger car.
* A freight company adding a computer program to optimize cargo carrying
capacity.
* A construction company building a new facility for a customer.
Operations - correct answer ✔Day-to-day activities in an organization.
Continuous/ongoing.
Examples of Operations - correct answer ✔* A car company making cars.
* An airline flying passsengers.
* A CPA firm completing taxes for clients.
Product - correct answer ✔Something created by a project.
,Example of Product - correct answer ✔* A flu vaccine.
* An office building.
* The movie you just watched.
* The design of the vehicle you drive.
Business Scenario - correct answer ✔An imagined or projected sequence of
events that is representative of a significant business need or problem,
enables vendors to understand the value to the customer organization of a
developed solution.
Business Scenarios have this information: - Past events that are relevant-
Current key information- Expected or desired outcomes
Business Strategy - correct answer ✔The activities, methods, tactics, etc.
that will be employed to meet the business's goals. Determined by senior
management in the organization to improve the value of the company to its
stakeholders.
Subject Matter Expert (SME) - correct answer ✔A person who is an authority
in a particular area or project.
Program - correct answer ✔A group of related projects.
Portfolio - correct answer ✔A group of initiatives (projects and programs) that
a company engages in to improve its operations.
,Charter - correct answer ✔The definition of a project according to
stakeholders. Defines how customer will determine if project met
expectations. Includes a beginning, work steps, and clear and defined end.
Business Case - correct answer ✔The justification for a project - Explains the
business need.
Project Life Cycle Phases - correct answer ✔Defining, Planning Executing,
Closing
Defining - correct answer ✔Idea for project is generated and formalized.
Decision on whether to implement is made. Ends when project charter is
approved.
Planning - correct answer ✔Where detailed planning occurs. Level of detail
aligns with the complexity of the project. Use Work Breakdown Structure to
identify outcomes needed.
Can require significant time for large projects.
Typically ends when baselines for scope, budget, and schedule are approved
by the customer and/or sponsor and project team.
Executing - correct answer ✔Where most of the work is done.
Deliverables are completed. Progress is monitored and actions taken as
needed to stay on track.
May return to planning phase as needed if objectives can't be met, to modify
budget, schedule, or scope.
, Critical to be careful of scope creep - don't add functionality without
considering impact.
This phase is complete when all work activities and deliverables are ready to
be delivered to customer/sponsor.
Closing - correct answer ✔When project outcomes are delivered to the
customer and/or sponsor.
Project Manager ties up loose ends
* Reassign project resources back to company
* Document project results and lessons learned
* Close out procurement activities
* Verify completed project is transitoned to customer
SMART Goals - correct answer ✔* Specific
* Measurable
* Achievable
* Relevant
* Time Based
Project Management - correct answer ✔The act of running a project and
encompasses the use of general management or specific project
management knowledge, skills, tools, and techniques to ensure that the
project meets its goals.
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