(Top QUALITY 2024/2025 EXAM REVIEW) WGU C176 Project Management, Top Exam Questions and answers, graded A+. VERIFIED.

WGU C176 Project Management, Top Exam Questions and answers, graded A+. VERIFIED. project Unique: A project is typically undertaken to meet a specific business objective. Temporary: Projects have definite start and end dates. Reason or Purpose: A project comes about to fulfill a purpose. Stakeholder Satisfaction: A project starts once it's been identified, the objectives have been outlined in the project charter, and appropriate stakeholders have approved the project plan. reasons for a project: -Market Demand -Strategic Opportunity/Business Need: -Customer Request -Technological Advance -Legal Requirement -Environmental Considerations -Social Need program is a group of related projects that are managed together using coordinated processes and techniques. Portfolios are collections of programs, subportfolios, and projects that support strategic business goals or objectives. Unlike programs, portfolios may consist of projects that are not related. Operations Operations typically involve ongoing functions that support the production of goods or services. Project Management Body of Knowledge (PMBOK Guide published by the Project Management Institute. PMI® sets the global de facto standard in project management. The nine PMBOK Guide knowledge areas are Scope, Time, Cost, Quality, Human Resources, Communications, Risk, Procurement, and Integration. functional organization the project deliverables are worked on independently in different departments. project manager has to work through the functional managers for each department matrix organization similar structure as functional project manager has full control over project resources. employees report to project managers and functional managers Strong Matrix: The strong matrix organization emphasizes project work over functional duties. The project manager has the majority of power in this type of organization. Weak Matrix: The weak matrix organization emphasizes functional work over project work and operates more like a functional hierarchy. The functional managers have the majority of power in this type of organization. Balanced Matrix: A balanced matrix organization shares equal emphasis between projects and functional work. Both the project manager and the functional manager share power in this type of structure. projectized organization Project managers have the majority of