Wbs work packages are - Study guides, Class notes & Summaries

WGU C176 Business of IT Project Management CompTIA Project (2022/2023) Rated 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 L...

CAPM Exam Prep, PMI, PMBOK 6th Edition 1297 Questions with Verified Answers 360-degree appraisal - CORRECT ANSWER A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance - CORRECT ANSWER This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or av...

BAPM – CBAP questions with complete solution 2024 Business Analysis Planning and Monitoring tasks include: - correct answer 1. Identifying stakeholders 2. Defining roles and responsibilities of stakeholders 3. Developing estimates for business analysis tasks 4. Planning how the business analyst will communicate with stakeholders 5. Planning how requirements will be approached, traced, and prioritized. 6. Determining the deliverables that business analyst will produce 7. Defining and de...

Project Management Final Exam Questions With All Correct Answers Generally speaking, the lowest level in the WBS is referred as: A. Level 3 B. Level 4 C. Level 5 D. The work package - ANSWER- The work package Scope creep is generally the result of: A. having too many levels in the WBS B. Poorly defined SOW (Scope of work) C. Too much detail in the specification D. Having the wrong people assigned to the project - ANSWER- Poorly defined SOW Which of the following is not a ben...

CAPM Practice Exam 163 Questions with Verified Answers How many project management processes belong to the Planning Process Group? - CORRECT ANSWER 24 Who should be included in a project schedule development meeting? - CORRECT ANSWER Team members, sponsors, selected stakeholders, and those with scheduling or executing duties The completion of the project scope is measured against which of the following? - CORRECT ANSWER Product requirements Which of the following are communication te...

GCSS-Army Unit Supply Exam Questions with Correct Answers The number of equipment packages authorized for sub-hand receipts is - Answer-unlimited What unit of measure should always be used when requesting material - Answer-ordering unit notifications are sent to the PBO using which gcss-army process - Answer-SBWP When a BOM is automatically updated and a component is either increased in quantity or added to the BOM... - Answer-The PB01 Work Order What transaction shows a list of PB0...

Which of the following is not a stage in an issue resolution process? a. Share the issue with stakeholders. b. Track the issue to closure. c. Escalate to the sponsor. d. Apply change control. A Which of the following are challenges for a project manager developing and leading a project team? 1) Issues and incompatibility amongst team members 2) Getting the right skills and attributes amongst team members 3) Co-location of team members in the same geographic area 4) Lack of account...

The "triple constraint" of project management includes the controlling and management of: - ANSWER-Schedule, cost, and scope The following are all project management process groups: - ANSWER---Initiating --Executing --Monitoring Which of the following is critical for ensuring project success? - ANSWER-Organizational commitment Who has input to project initiation? - ANSWER-Stakeholders Project requirements must be all of the following: - ANSWER---Clear --Measurable --Prioritiz...

1. Question:All of the following are advantages associated with assigning both core team members and subject matter experts to the project as soon as possible EXCEPT: 2. Question: All of the following are among the activities a project manager should undertake to develop a highly effective team EXCEPT: 3. Question: During which stage of team development do team members attempt to jockey for power, ask many questions and establish dubious goals? 4. Question: The personal values of team member...

When completed, the ______ can be used any time the scope of a project needs to be reevaluated WBS Difference between validating scope and closing project Without Validating the scope, and having the deliverables accepted you can't close the project or phase. Validating scope is basically assuring that a product, service, or system meets the needs of the customer and other identified stakeholders. It often involves acceptance and suitability with external customers. The Close Pro...