Wbs dictionary Study guides, Class notes & Summaries

Select PM Initiating1 Determine company culture and existing systems Initiating2 Collect processes, procedures, and historical information Initiating3 Divide large projects into phases Initiating4 Understand the business case Initiating5 Uncover initial requirements, assumptions, risks, constraints, and existing agreements Initiating6 Assess project and product feasibility within the given contsraints Initiating7 Create measurable objects ...

CAPM-EXAM TERMS 100% CORRECT Project is a temporary endeavor undertaken to create a unique product, service or result. Definite beginning and an end. Project Management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. operations Ongoing, repetitive, for sustaining business. Responsible for overseeing, directing and controlling business operations Operational Stakeholders Should be engaged and their needs identified. Project...

CAPM Practice Test 100 Questions with Verified Answers When is the Plan Risk Management process performed in a project? - CORRECT ANSWER Once or at predefined points in a project. Understanding, evaluating, defining, and managing requirements are essential to satisfying: - CORRECT ANSWER Customer satisfaction Projects are undertaken to fulfill objectives by: - CORRECT ANSWER Producing deliverables Which of the following is an input to the sequence activities process? A. Cost baselin...

CAPM Exam Prep 41Questions with Verified Answers Develop Project Charter - CORRECT ANSWER Inputs: Project statement of work, business case, contract, enterprise environment factors, organizational process assets Outputs: Project Charter Identify Stakeholders - CORRECT ANSWER Inputs: Project Charter, enterprise environment factors, Organizational Process Assets, Procurement Documents Outputs: Stakeholder Management Strategy, Stakeholder register Develop Project Management Plan - CORREC...

CAPM PRACTICE EXAM 2|256 Questions with Verified Answers The experiences of an organization's members are the basis for its _________. A. culture B. structure C. operations D. maturity - CORRECT ANSWER The experiences of an organization's members are the basis for its _________. A= The culture of an organization is created by its members' experiences. Organizational structures can be: A.functional, strategic or balanced. B.functional, projectized or iterative. C....

WGU C846 Project Management, Top Exam Questions and answers, graded A+, verified. A Guide to Project Management Body of Knowledge (PMBOK Guide) - -The project management standard developed by the Project Management Institute. Benefit measurement methods - -A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. Co-located - -When team members work together at the same phys...

CAPM Exam Terminology (2022/2023) 100% Pass 360-Degree Appraisal A performance review completed by a person's peers, managers, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Active Listening This occurs when the receiver confirms the message is being received by feedback, questions, prompts for clarity, and other signs of having received the message. Activity on Node A network diagramming approach that place...

A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - ANSWER-Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - ANSWER-Procurement administrator (pg 380) Lucy has to brief her key project stakeholders on the recent approved c...

C722- Project Management, WGU C722 (Pre), WGU C722 Project Management Terminology, WGU C722 Project Management Terminology, WGU C722 Equations A firm begins its strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. To accomplish this, the firm initiates a business management project. Which aspect of project management applies to this firm's project? Interdependent Tasks A firm begins its strateg...

19 -CAPM Final Practice Exam 150 Questions with Verified Answers The processes required to define the scope of the project, refine the objectives, and determine the appropriate course of action to achieve the project objectives. A. Executing process group B. Monitoring and controlling process group C. Scoping process group D. Planning process group - CORRECT ANSWER Workbook, CAPM Final Practice Exam, page 210, #1 Answer: D The processes that track, review, and regulate the p...