100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
(WGU C722) MGMT 3400 - Project Management - OA Guide . $13.49   Add to cart

Exam (elaborations)

(WGU C722) MGMT 3400 - Project Management - OA Guide .

 8 views  0 purchase

(WGU C722) MGMT 3400 - Project M(WGU C722) MGMT 3400 - Project Management - OA Guide .(WGU C722) MGMT 3400 - Project Management - OA Guide 2024(WGU C722) MGMT 3400 - Project Management - OA Guide .(WGU C722) MGMT 3400 - Project Management - OA Guide .-ment - OA Guide .

Preview 3 out of 29  pages

  • September 2, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Unknown
All documents for this subject (12)
avatar-seller
ClementeO
C722 MGMT 3400



Project Management




OBJECTIVE ASSESSMENT GUIDE




© WGU 2024/2025

,1. Question: Which of the following is the most critical phase in
managing successful projects in Agile methodology?
- a) Initiation
- b) Planning
- c) Execution
- d) Iteration


Answer: d) Iteration


Rationale: In Agile methodology, the iterative process allows
for continuous feedback and adjustment, making iterations the
most critical phase.


2. Question: In Earned Value Management (EVM), which
metric indicates that a project is performing as per the budgeted
cost?
- a) Cost Performance Index (CPI) = 1
- b) Schedule Performance Index (SPI) = 1
- c) CPI > 1
- d) SPI > 1


© WGU 2024/2025

, Answer: a) Cost Performance Index (CPI) = 1


Rationale: A CPI of 1 indicates that the project is on budget.


3. Question: Which document outlines the process of
identifying stakeholders before a project starts?
- a) Project Charter
- b) Stakeholder Register
- c) Risk Register
- d) Work Breakdown Structure (WBS)


Answer: b) Stakeholder Register


Rationale: The Stakeholder Register is used for recording the
details and interests of stakeholders.


4. Question: Which of the following risk response strategies
involves changing the project plan to eliminate the risk or protect
the project objectives from its impact?
- a) Mitigation
- b) Avoidance
- c) Transfer
© WGU 2024/2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 ClementeO. 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)

77016 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart