Comptia project Study guides, Class notes & Summaries

C176 WGU BUSINESS OF IT PROJECT MANAGEMENT COMPTIA PROJECT+ RANDOM STUDY CARDSQUESTIONS & ANSWERS (2023/2024)(VERIFIED ANSWERS)

WGU C176 Business Of IT Project Management CompTia Project+ Random Study Cards WGU C176 Business Of IT Project Management CompTia Project+ Random Study Cards WGU C176 Business Of IT Project Management CompTia Project+ Random Study Cards

Project A temporary endeavor that has definite beginning and end dates, and it results in a unique product, service, or result. It is considered a success when the goals it sets out to accomplish are fulfilled the the stakeholders are satisfied with the results. project criteria unique, temporary, reason or purpose, stakeholder satisfaction Program a group of related projects that are managed together using coordinated processes and techniques. Portfolio Collection of programs, subportfo...

CompTIA Project + Terms - WGU C176. Exam Questions and answers, 100% Accurate. Rated A+ A Guide to the 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-located63945 - -When team members work together a...

Discounted Cash Flow - -is the total value of each year's expected cash inflow in TODAY'S DOLLARS NPV is calculated by: - -subtracting the initial investment from the total of the expected cash inflows stated in today's dollars. ex. if initial is higher than cash flows so NPV is less than zero and project should be rejected Negotiating involves... - -obtaining mutually acceptable agreements with individuals or groups Leadership involves... - -imparting a vision and motivating others to a...

WGU C176 Business Of IT Project Management Comptia Project+ Random Study Cards Questions And Answers 2023

Three-point estimate - (most likely estimate + optimistic estimate + pessimistic estimate)/3 = (40 + 24 + 65)/3 = 43 hours formula for SV (schedule variance) - SV = EV - PV project scope documents - product description, key deliverables, success and acceptance criteria, key performance indicators, exclusions, assumptions, and constraints scope statement - The scope statement is used as a baseline for future project decisions. The scope statement includes the project objectives, a project d...

Initiation phase main points Business case is made (why) Project is chartered (sponsor, top objectives, resources) Core team is assembled Planning phase main points Plans outlined for management of all aspects of the project (scope, schedule, cost management, communications, risk management, Executing phase main points Actual work of the project is completed Objectives and requirements are met (based on charter created during initiation) Monitoring and Controlling phase main points P...

Discounted Cash Flow - Answer- is the total value of each year's expected cash inflow in TODAY'S DOLLARS NPV is calculated by: - Answer- subtracting the initial investment from the total of the expected cash inflows stated in today's dollars. ex. if initial is higher than cash flows so NPV is less than zero and project should be rejected Negotiating involves... - Answer- obtaining mutually acceptable agreements with individuals or groups Leadership involves... - Answer- imparting...

WGU C176 WGU Business Of IT Project Management - Course 1 Module 1-4 Beginners Guide To Project Management - Comptia Project + Questions And Answers 2023