WGU C722 Project Management Study
Guide terms
Project Life Cycle Phases - correct answer ✔Defining, Planning, Executing,
Closing
Defining - correct answer ✔initial phase of the project life cycle, determining
the project's sponsor and manager, creating a charter
Planning - correct answer ✔second phase of the project lifecycle:
technology, business process, staffing, training, testing, communications,
budget constraints, integration of the project with operations and other
projects
Executing - correct answer ✔third phase of the project lifecycle: overseeing
and managing all necessary work and assignments by members of the project
team
Closing - correct answer ✔the last phase of the project lifecycle: when the
project is completed to the customer's satisfaction. Deliverables have been
successfully launched, a review and transfer of lessons learned
Program - correct answer ✔a group of relate projects
Portfolio - correct answer ✔group of related programs that support a long-
term company goal or objective
Charter - correct answer ✔a document that, like a contract, is agreed upon
by the sponsor and key stakeholders. It defines the project and authorizes the
resources, roles, responsibilitie, authorities, and scope for the project
, Change requests (CR) - correct answer ✔changes in scope, schedule, or
funding should be submitted to the appropriate board for a decision
Change control board (CCB) - correct answer ✔ensures that the change doe
not negatively impact the project triple constraints
Project Reports - correct answer ✔provide a history and can be very
important in understanding the factors behind a project's successes and
failures
Collaboration Tools - correct answer ✔a software product to help manage
the creating and communication of the plan and tasks to be performed.
Work Breakdown Structure - correct answer ✔ensures everyone undertands
what has to be delivered and who is responsible for doing what and when.
Conflict Management - correct answer ✔communicate clearly and often and
do it some more; establish expectations, address conflict immediately, stay
focused on the project and goals
PMI - correct answer ✔Project Management Institute: publishes 2 types of
standards: foundational and practice.
PMBOK - correct answer ✔Project manager's book of knowledge: standards
define that they are best practices but may not apply to every project in every
company and every industry
PMP/CAPM - correct answer ✔certification with the largest number of
practitioners registered globally
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