Wgu c722 unit 2 - Study guides, Class notes & Summaries

WGU PROJECT MANAGEMENT C722 Latest Guide 2023!! 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 physical location Constrained optimiz...

A ______________with specific project is a project management challenge. a. lack of project management standards b. lack or clear and direct strategic alignment with specific project - Answer - b. lack or clear and direct strategic alignment with specific project. Projects are important to organizations because they provide organizations with the opportunity to: a. Provide work opportunities to employees b. Complete the on-going, daily activities that produce revenue and expenses c. ...

WGU C722 Unit 2 Quiz with ccomplete solution

WGU C722 Unit 2 QUIZ with correct answers

What is the most basic form of organizational structure? a. Functional b. Matrix c. Projectized - Answer - a. functional Functional organization is straightforward, has clear lines of authority, and is well defined, making it the most basic of the three. Functional organizational structure advantages: a. The lines of authority are clear. b. SMEs work in close proximity, which allows for exchange of ideas between SMEs. c. Resource balancing between project is simpler and more efficient...