WGU C722- Project Management (PHEO) - Objective Assessment Study Guide 100% ACCURATE
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Course
WGU C722
Institution
WGU C722
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 pro...
WGU C722- Project Management (PHEO) -
Objective Assessment Study Guide 100%
ACCURATE
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?
A firm begins its strategic business initiative of developing a new business model to enhance its
competitiveness. What can be identified as a strategic business initiative for this firm?
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning - ANSWER Improvement in product design
A firm begins a strategic business initiative of developing a new business model that will allow the firm
to deliver an efficient, tailored service to its customers.
Director of operations
Production supervisor
Project sponsor
Financial controller - ANSWER Project sponsor
, Which group is included in the five process groups?
Risk process group
Closing process group
Communication process group
Quality process group - ANSWER Closing process group
What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive
Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled
Environment - ANSWER PRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery part of project management where the main
activity happens?
Planning
Executing
Controlling
Closing - ANSWER Executing
,Which advantage does the functional (departmentalized) organizational structure provide for a firm with
multiple projects?
Lines of authority are clear.
The project customer is the only focus.
It is efficient for collaboration and cooperation between departments.
Each project is managed holistically. - ANSWER Lines of authority are clear.
Which two organizations are examples of organizations with the functional organizational structure?
Microsoft
The U.S. Department of State
The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc. - ANSWER (1) The U.S. Department of State and (2) The U.S Department of Energy
An organization expects to use a project management office (PMO) to support multiple projects that will
be implemented within a projectized organizational structure. Which implied effect is a benefit to this
organization?
Project team members retain their functional responsibilities.
Project team members become full-time employees.
, Project team members gain access to the newest technologies and skill sets.
Project team members gain access to historical data from other projects. - ANSWER Project team
members gain access to historical data from other projects.
Regardless of the organizational structure used to manage a project, an organization elects to use a
project management office (PMO). Which benefit will this organization gain?
Projects will coordinate resource usage by monitoring the status of shared resources.
Projects will define the organization's corporate strategy in the project charter.
Projects will receive a 10% managerial reserve fund to cover warranty back charges.
Projects will eliminate the costs incurred from having to follow corporate procedures. - ANSWER Projects
will coordinate resource usage by monitoring the status of shared resources.
During a certain project phase, specific blueprints are drawn and approved, materials and labor costs are
estimated, prototypes are created, and work activities and tasks are identified. Also, quality
expectations, measurements, and costs are defined. During which project phase do these activities
occur?
Defining
Planning
Executing
Closing - ANSWER Planning
Place the project activities in order of occurrence from first (1) to last (5). - ANSWER (1) Collecting
customer requirements (2) Developing the work breakdown structure (3) Working to produce project
deliverables (4) Customers evaluating the project outcomes (5) Capturing lessons learned
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