WGU C722 Project Management Study
Questions with Correct Answers |
Latest Edition
1. Closing - ANSWER When project outcomes are delivered to the customer
and/or sponsor.
2. Project Manager ties up loose ends
Reassign project resources back to company
Document project results and lessons learned
Close out procurement activities
Verify completed project is transitioned to customer
3. SMART Goals - ANSWER * Specific
Measurable
Achievable
Relevant
Time Based
4. Project Management - ANSWER The act of running a project and
encompasses the use of general management or specific project management
knowledge, skills, tools, and techniques to ensure that the project meets its
goals.
5. Project Sponsor - ANSWER The individual (often manager or executive)
with overall accountability for a project. Primarily concerned with ensuring
project delivers agreed upon benefits.
,6. Network Diagram - ANSWER Graphically displays interdependent
relationships between groups, steps, and tasks in a project.
7. Gantt Chart - ANSWER A bar graph that shows relationships and can track
detail on each task and activities. Visual interpretation of time relationships
with lead and lag time.
8. Lead/Lag Time - ANSWER Adding or subtracting time so a successor task
starts earlier or later than it otherwise would. Can cause gaps or overlaps in
tasks.
9. Critical Path - ANSWER The longest sequence of activities in a project
plan. The path with the least amount of slack.
Identify deliverables, activities, and tasks
Define dependencies and sequences of events
Estimate time for each task
Show concurrent and serial paths
Total up estimated time of serial path
10.Negative float - ANSWER The calculated completion date of the last
activity is later than the targeted completion date established at the
beginning of the project.
11.Free Float - ANSWER The amount of time that a schedule activity can be
delayed without delaying the early start date of any successor or violating a
schedule constraint.
,12.Closing (Steps of Project Management) - ANSWER Actions that occur in
order to ensure all project
Activities are completed. Wrapping up project work so team can move on.
Paying outstanding vendor invoices
Reconciling vendor accounts
Returning excess materials and supplies
Returning project assets to sponsoring organization
Writing lessons learned
Completing project documentation
Delivering completed projects to customer
Receiving sign-off from customer
Archiving project documents
13.Traditional Methods - ANSWER The path from beginning to end is linear
and sequential steps are followed - define, plan, execute, close. Most
common in project organizations.
14.Agile Methods - ANSWER Developed for projects where end is not clearly
defined in advance. Software, new product development
15.iterative approach. Team delivers project to the customer in usable chunks.
16.Sprint - Short bursts of activity. Team stays in focus and in communication
with customers.
, 17.Customer functionality requirements are called backlog, updated with user
stories and scored by team members.
18.Retrospective - Discussion after a sprint to evaluate what you'll change for
next time
19.Scrum - ANSWER Cross function team working closely together for
continuous improvements.
20.Integration Management - ANSWER Includes processes/activities needed
to identify, define, and coordinate various processes and project
management activities.
21.Scope Management - ANSWER Includes the processes that ensure that all
the work required is identified to complete the project successfully.
22.Time Management - ANSWER includes the processes required to manage
the timely completion of the project.
23.Cost Management - ANSWER Includes the processes involved in planning,
estimating, budgeting, managing, and controlling costs so that the project
can be completed within the approved budget.
24.Quality Management - ANSWER Includes processes/activities that
determine quality policies, objectives, and responsibilities.
25.Human Resource Management - ANSWER Includes the processes that
organize, manage, and lead the project team.
Questions with Correct Answers |
Latest Edition
1. Closing - ANSWER When project outcomes are delivered to the customer
and/or sponsor.
2. Project Manager ties up loose ends
Reassign project resources back to company
Document project results and lessons learned
Close out procurement activities
Verify completed project is transitioned to customer
3. SMART Goals - ANSWER * Specific
Measurable
Achievable
Relevant
Time Based
4. Project Management - ANSWER The act of running a project and
encompasses the use of general management or specific project management
knowledge, skills, tools, and techniques to ensure that the project meets its
goals.
5. Project Sponsor - ANSWER The individual (often manager or executive)
with overall accountability for a project. Primarily concerned with ensuring
project delivers agreed upon benefits.
,6. Network Diagram - ANSWER Graphically displays interdependent
relationships between groups, steps, and tasks in a project.
7. Gantt Chart - ANSWER A bar graph that shows relationships and can track
detail on each task and activities. Visual interpretation of time relationships
with lead and lag time.
8. Lead/Lag Time - ANSWER Adding or subtracting time so a successor task
starts earlier or later than it otherwise would. Can cause gaps or overlaps in
tasks.
9. Critical Path - ANSWER The longest sequence of activities in a project
plan. The path with the least amount of slack.
Identify deliverables, activities, and tasks
Define dependencies and sequences of events
Estimate time for each task
Show concurrent and serial paths
Total up estimated time of serial path
10.Negative float - ANSWER The calculated completion date of the last
activity is later than the targeted completion date established at the
beginning of the project.
11.Free Float - ANSWER The amount of time that a schedule activity can be
delayed without delaying the early start date of any successor or violating a
schedule constraint.
,12.Closing (Steps of Project Management) - ANSWER Actions that occur in
order to ensure all project
Activities are completed. Wrapping up project work so team can move on.
Paying outstanding vendor invoices
Reconciling vendor accounts
Returning excess materials and supplies
Returning project assets to sponsoring organization
Writing lessons learned
Completing project documentation
Delivering completed projects to customer
Receiving sign-off from customer
Archiving project documents
13.Traditional Methods - ANSWER The path from beginning to end is linear
and sequential steps are followed - define, plan, execute, close. Most
common in project organizations.
14.Agile Methods - ANSWER Developed for projects where end is not clearly
defined in advance. Software, new product development
15.iterative approach. Team delivers project to the customer in usable chunks.
16.Sprint - Short bursts of activity. Team stays in focus and in communication
with customers.
, 17.Customer functionality requirements are called backlog, updated with user
stories and scored by team members.
18.Retrospective - Discussion after a sprint to evaluate what you'll change for
next time
19.Scrum - ANSWER Cross function team working closely together for
continuous improvements.
20.Integration Management - ANSWER Includes processes/activities needed
to identify, define, and coordinate various processes and project
management activities.
21.Scope Management - ANSWER Includes the processes that ensure that all
the work required is identified to complete the project successfully.
22.Time Management - ANSWER includes the processes required to manage
the timely completion of the project.
23.Cost Management - ANSWER Includes the processes involved in planning,
estimating, budgeting, managing, and controlling costs so that the project
can be completed within the approved budget.
24.Quality Management - ANSWER Includes processes/activities that
determine quality policies, objectives, and responsibilities.
25.Human Resource Management - ANSWER Includes the processes that
organize, manage, and lead the project team.
