WGU C722 Project Management Newest
Questions and Answers (2026/2027) |
Comprehensive Review | A+ Verified
Projects -✓✓A temporary activity that creates a unique result.
Initiatives with specific goals and start and end dates.
Develop a new product or service reduces cost add technology.
• Example of Projects -✓✓* A car company developing a new passenger car.
* A freight company adding a computer program to optimize cargo carrying
capacity.
* A construction company building a new facility for a customer.
• Operations -✓✓Day-to-day activities in an organization. Continuous/ongoing.
• Examples of Operations -✓✓* A car company making cars.
* An airline flying passsengers.
* A CPA firm completing taxes for clients.
,• Product -✓✓Something created by a project.
• Example of Product -✓✓* A flu vaccine.
* An office building.
* The movie you just watched.
* The design of the vehicle you drive.
• Business Scenario -✓✓An imagined or projected sequence of events that is
representative of a significant business need or problem, enables vendors to
understand the value to the customer organization of a developed solution.
Business Scenarios have this information: - Past events that are relevant- Current
key information- Expected or desired outcomes
• Business Strategy -✓✓The activities, methods, tactics, etc. that will be employed
to meet the business's goals. Determined by senior management in the organization
to improve the value of the company to its stakeholders.
• Subject Matter Expert (SME) -✓✓A person who is an authority in a particular
area or project.
• Program -✓✓A group of related projects.
,• Portfolio -✓✓A group of initiatives (projects and programs) that a company
engages in to improve its operations.
• Charter -✓✓The definition of a project according to stakeholders. Defines how
customer will determine if project met expectations. Includes a beginning, work
steps, and clear and defined end.
• Business Case -✓✓The justification for a project - Explains the business need.
• Project Life Cycle Phases -✓✓Defining, Planning Executing, Closing
• Defining -✓✓Idea for project is generated and formalized. Decision on whether
to implement is made. Ends when project charter is approved.
• Planning -✓✓Where detailed planning occurs. Level of detail aligns with the
complexity of the project. Use Work Breakdown Structure to identify outcomes
needed.
Can require significant time for large projects.
Typically ends when baselines for scope, budget, and schedule are approved by the
customer and/or sponsor and project team.
• Executing -✓✓Where most of the work is done.
Deliverables are completed. Progress is monitored and actions taken as needed to
stay on track.
, May return to planning phase as needed if objectives can't be met, to modify
budget, schedule, or scope.
Critical to be careful of scope creep - don't add functionality without considering
impact.
This phase is complete when all work activities and deliverables are ready to be
delivered to customer/sponsor.
• Closing -✓✓When project outcomes are delivered to the customer and/or
sponsor.
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 transitoned to customer
• SMART Goals -✓✓* Specific
* Measurable
* Achievable
* Relevant
* Time Based
Questions and Answers (2026/2027) |
Comprehensive Review | A+ Verified
Projects -✓✓A temporary activity that creates a unique result.
Initiatives with specific goals and start and end dates.
Develop a new product or service reduces cost add technology.
• Example of Projects -✓✓* A car company developing a new passenger car.
* A freight company adding a computer program to optimize cargo carrying
capacity.
* A construction company building a new facility for a customer.
• Operations -✓✓Day-to-day activities in an organization. Continuous/ongoing.
• Examples of Operations -✓✓* A car company making cars.
* An airline flying passsengers.
* A CPA firm completing taxes for clients.
,• Product -✓✓Something created by a project.
• Example of Product -✓✓* A flu vaccine.
* An office building.
* The movie you just watched.
* The design of the vehicle you drive.
• Business Scenario -✓✓An imagined or projected sequence of events that is
representative of a significant business need or problem, enables vendors to
understand the value to the customer organization of a developed solution.
Business Scenarios have this information: - Past events that are relevant- Current
key information- Expected or desired outcomes
• Business Strategy -✓✓The activities, methods, tactics, etc. that will be employed
to meet the business's goals. Determined by senior management in the organization
to improve the value of the company to its stakeholders.
• Subject Matter Expert (SME) -✓✓A person who is an authority in a particular
area or project.
• Program -✓✓A group of related projects.
,• Portfolio -✓✓A group of initiatives (projects and programs) that a company
engages in to improve its operations.
• Charter -✓✓The definition of a project according to stakeholders. Defines how
customer will determine if project met expectations. Includes a beginning, work
steps, and clear and defined end.
• Business Case -✓✓The justification for a project - Explains the business need.
• Project Life Cycle Phases -✓✓Defining, Planning Executing, Closing
• Defining -✓✓Idea for project is generated and formalized. Decision on whether
to implement is made. Ends when project charter is approved.
• Planning -✓✓Where detailed planning occurs. Level of detail aligns with the
complexity of the project. Use Work Breakdown Structure to identify outcomes
needed.
Can require significant time for large projects.
Typically ends when baselines for scope, budget, and schedule are approved by the
customer and/or sponsor and project team.
• Executing -✓✓Where most of the work is done.
Deliverables are completed. Progress is monitored and actions taken as needed to
stay on track.
, May return to planning phase as needed if objectives can't be met, to modify
budget, schedule, or scope.
Critical to be careful of scope creep - don't add functionality without considering
impact.
This phase is complete when all work activities and deliverables are ready to be
delivered to customer/sponsor.
• Closing -✓✓When project outcomes are delivered to the customer and/or
sponsor.
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 transitoned to customer
• SMART Goals -✓✓* Specific
* Measurable
* Achievable
* Relevant
* Time Based
