Project Management WGU Questions 100% correct, expert verified answers

Project Management WGU Questions 100% correct, expert verified answers 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? b) Interdependent Tasks c) Regulatory Concept d) Independent Operations a) External Environment 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? a) timely payment of liabilities b) environments scanning c) Liaison regulatory agencies d) 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. Which shareholder would have triggered this strategic business initiative? a) Production supervisor b) Financial controller c) Project sponsor d) Director of operations Which group is included in the five process groups? b) Risk process group c) Closing process group d) Quality process group a) Communication process group What does PRINCE2 stand for? a) PRoject INsights of CompEtitiveness b) PRojects IN a Competitive Environment c) PRoject INsights and Competencies d) PRojects IN a controlled environment Which PMBOK process group is described as the delivery part of project management where the main activity happens? a) Closing b) Planning c) Controlling d) Executing What advantage does the functional (departmentalized) organizations structure provide for a firm with multiple projects? a) It is efficient for collaboration and cooperation between departments. b) Each project is managed holistically c) Lines of authority are clear. d) The project customer is the only focus Which two organizations are examples of organizations with the functional organization structure? Choose 2 answers a) The US Department of Energy b) The US National Aeronautics and Space Administration (NASA) c) The US Dept. of State d) Microsoft e) Google An organization expects to use a project managements office (PMO) to support multiple projects that will be implemented within a projectized organizational structure. Which implied effect is a benefit to this organization? a) Project team members retain their functional responsibilities. b) Project team members gain access to historical data from other projects. c) Project team members gain access to the newest technologies and skill sets.