WGU - C722 Questions and Answers
Already Passed
What is the purpose of a project risk management plan?
To identify, assess, and outline the strategies for addressing potential risks throughout the
project lifecycle.
What is a project milestone?
A significant event or achievement that ...
WGU - C722 Questions and Answers
Already Passed
What is the purpose of a project risk management plan?
✔✔ To identify, assess, and outline the strategies for addressing potential risks throughout the
project lifecycle.
What is a project milestone?
✔✔ A significant event or achievement that marks a key point in the project timeline, often
signaling the completion of major tasks.
What is the role of the sponsor in project management?
✔✔ To provide financial resources, support, and high-level oversight, ensuring the project aligns
with organizational goals.
What is "resource allocation" in project management?
✔✔ The process of assigning available resources to various project tasks in a manner that
maximizes efficiency.
1
,What is the significance of a project closure report?
✔✔ To document the final results, lessons learned, and any outstanding issues, officially
marking the project’s completion.
What is the difference between quality control and quality assurance in project management?
✔✔ Quality control focuses on inspecting deliverables for defects, while quality assurance
focuses on the processes to prevent defects.
What is a stakeholder engagement strategy?
✔✔ A plan outlining how the project manager will communicate with, manage, and involve
stakeholders throughout the project.
What is "fast tracking" in project management?
✔✔ A technique where project phases or tasks that are normally performed in sequence are done
in parallel to shorten the project duration.
What is a work breakdown structure (WBS) used for?
✔✔ To break down the project's scope into smaller, manageable sections, ensuring that all tasks
are identified and accounted for.
2
,What is a project schedule baseline?
✔✔ A fixed version of the project schedule that includes planned start and finish dates, used to
compare actual performance against.
What is "schedule compression" in project management?
✔✔ The process of shortening the project schedule without affecting project scope, often using
techniques like crashing or fast tracking.
What is a deliverable in project management?
✔✔ A tangible or intangible output produced as a result of completing a project task or phase.
What is the purpose of a stakeholder register?
✔✔ To document details of all stakeholders, including their interests, expectations, and level of
influence on the project.
What does "scope verification" involve?
✔✔ The process of ensuring that project deliverables meet the defined scope and are approved
by stakeholders.
3
, What is an earned value analysis (EVA)?
✔✔ A method for measuring project performance by comparing planned progress, actual
progress, and work completed to date.
What is the significance of a resource management plan?
✔✔ To ensure that all resources required for the project are identified, allocated, and effectively
managed.
What is a project audit?
✔✔ A systematic review of project processes and performance to assess compliance with project
management practices and identify areas for improvement.
What is a contingency plan in project management?
✔✔ A backup plan developed to address potential risks or issues that may arise during the
project, ensuring minimal impact on the project’s objectives.
What is a project management office (PMO)?
4
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