WGU Project Management 4 Questions and Answers Graded A+
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Course
WGU Project Management 4
Institution
WGU Project Management 4
WGU Project Management 4 Questions
and Answers Graded A+
What is the definition of project constraints?
a) The limitations of project team members
b) The restrictions or limitations that impact the project’s ability to succeed, such as time,
budget, and resources
c) The goals and object...
WGU Project Management 4 Questions
and Answers Graded A+
What is the definition of project constraints?
a) The limitations of project team members
✔✔b) The restrictions or limitations that impact the project’s ability to succeed, such as time,
budget, and resources
c) The goals and objectives of the project
d) The tools used to complete project tasks
What is the purpose of a stakeholder engagement plan?
a) To identify project risks
b) To track project team performance
✔✔c) To outline strategies for communicating and engaging with stakeholders throughout the
project
d) To monitor the project schedule
What does the term "resource smoothing" refer to in project scheduling?
a) The process of reallocating resources to eliminate bottlenecks
1
,✔✔b) The technique of adjusting project activities to ensure that resources are used efficiently
without overburdening them
d) The calculation of resource costs for each project task
What is the role of a project closure phase?
a) To complete ongoing project tasks
✔✔b) To formally close out the project, ensuring all deliverables are completed and all
stakeholders are satisfied
c) To reallocate resources for future projects
d) To assess the project’s profitability
What does the term "scope management" refer to in project management?
✔✔a) The process of defining and controlling the scope of the project to prevent scope creep
b) The management of project risks and issues
c) The allocation of project resources
d) The establishment of stakeholder communication plans
What is the function of a project charter?
2
, ✔✔a) To formally authorize the project and define its objectives, scope, and stakeholders
b) To outline the project budget and schedule
c) To monitor and control project risks
d) To assign resources to the project team
What is the concept of “cost-benefit analysis” in project management?
✔✔a) A method of comparing the costs of a project with the benefits it is expected to deliver
b) The allocation of financial resources to different project tasks
c) The evaluation of potential project risks
d) A process to assess the availability of resources
What is the purpose of a project budget?
a) To allocate resources to team members
✔✔b) To estimate and track the financial costs associated with the project
c) To define project objectives
d) To monitor stakeholder involvement
What is the significance of a lessons learned document in project management?
3
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