Exam (elaborations)
WGU Project Management C722 questions and answers certified 2024
- Course
- Institution
WGU Project Management C722 questions and answers certified 2024
[Show more]
Content preview
WGU Project Management C722, Unit 4Module 12
The project contract offers the contractor a bonus to complete the project
early, as long as the scope is met, quality is not decreased, and budget is not
exceeded. The amount of the bonus is based on how many days early the
project is completed. Is this acceptable?
Yes
No
Maybe
Since the bonus is based on the number of days the project finishes early, it is
a type of cost savings. The bonus can be considered a percentage of savings,
not a set amount, so it must be verified that government regulations permit
this type of bonus compensation. Depending on those regulations, this has
the potential to go either way. - correct answer ✔
What is a project scope?
a. The desired result for a project
b. Project assumptions
c. The quality of a project - correct answer ✔a. The desired result for a
project
, True or False:
The triple constraint means there needs to be three justifications to change
anything in the project. - correct answer ✔False: It means scope, cost, and
schedule
True or False:
In the quality constraint, the customer can always revise the quality level to
reduce costs or schedule. - correct answer ✔False: There are sometimes
government mandated safety levels. In addition, reduction in safety level can
lead to litigation if there are any injuries related to quality defects.
True or False:
A project scope is an instrument used to view and evaluate a project. - correct
answer ✔False: Project scope is a description of everything the project
includes
True or False:
It is alright to have scope creep because it provides a better product or service
to the customer. - correct answer ✔False: Correct! Scope creep should
always be avoided because it will negatively impact cost, schedule, and
quality.
True or False:
Scope creep is an expansion that occurs with changes to the scope that are
not documented in a change process. This affects schedule and cost.
Therefore, it is alright if scope is reduced without documented changes. -
correct answer ✔False: Any changes to scope must be documented. If
scope is reduced without documentation, then the required quality may not be
met, and the product of the project will be unacceptable.
What is an example of a milestone date?
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 LEWISSHAWN55. 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)
83637 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now