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WGU Project Management C722 Unit 7 Quiz with Complete Solutions

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WGU Project Management C722 Unit 7 Quiz with Complete Solutions What is a stakeholder register used for? a) To document information about stakeholders, such as their interests and level of influence b) To track the resources allocated to each task c) To maintain the project schedule d) To analyze project risks and mitigation plans Why is change control important in project management? a) To manage changes to the project’s scope, schedule, and budget in a controlled manner b) To assign new resources to tasks c) To identify risks in the project lifecycle d) To track team performance against the plan What is the function of a work breakdown structure (WBS)? a) To break down the project into smaller, manageable tasks and deliverables b) To create the project’s timeline c) To analyze potential project risks 2 d) To assign tasks to individual team members What is a milestone in project management? a) A significant event or point in the project schedule used to monitor progress b) A list of tasks required to complete the project c) A risk management activity d) A resource allocation strategy What is the purpose of a communications management plan? a) To outline how information will be shared with stakeholders throughout the project b) To allocate team resources to different tasks c) To establish the project’s budget and timeline d) To develop a risk response strategy How is cost variance (CV) calculated in earned value management (EVM)? a) CV = Earned Value (EV) – Actual Cost (AC) b) CV = Planned Value (PV) – Actual Cost (AC) c) CV = Actual Cost (AC) – Budget at Completion (BAC) 3 d) CV = Earned Value (EV) / Planned Value (PV) What is the critical chain method in project management? a) A scheduling technique that focuses on resource availability and buffers to protect the schedule b) A risk management strategy for identifying high-priority risks c) A tool for breaking down project tasks d) A method for developing communication strategies What does a project’s scope baseline include?

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WGU Project Management C722
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WGU Project Management C722

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WGU Project Management C722 Unit 7
Quiz with Complete Solutions
What is a stakeholder register used for?


✔✔a) To document information about stakeholders, such as their interests and level of influence


b) To track the resources allocated to each task

c) To maintain the project schedule

d) To analyze project risks and mitigation plans




Why is change control important in project management?


✔✔a) To manage changes to the project’s scope, schedule, and budget in a controlled manner


b) To assign new resources to tasks

c) To identify risks in the project lifecycle

d) To track team performance against the plan




What is the function of a work breakdown structure (WBS)?


✔✔a) To break down the project into smaller, manageable tasks and deliverables


b) To create the project’s timeline

c) To analyze potential project risks

1

,d) To assign tasks to individual team members




What is a milestone in project management?


✔✔a) A significant event or point in the project schedule used to monitor progress


b) A list of tasks required to complete the project

c) A risk management activity

d) A resource allocation strategy




What is the purpose of a communications management plan?


✔✔a) To outline how information will be shared with stakeholders throughout the project


b) To allocate team resources to different tasks

c) To establish the project’s budget and timeline

d) To develop a risk response strategy




How is cost variance (CV) calculated in earned value management (EVM)?


✔✔a) CV = Earned Value (EV) – Actual Cost (AC)


b) CV = Planned Value (PV) – Actual Cost (AC)

c) CV = Actual Cost (AC) – Budget at Completion (BAC)


2

, d) CV = Earned Value (EV) / Planned Value (PV)




What is the critical chain method in project management?


✔✔a) A scheduling technique that focuses on resource availability and buffers to protect the

schedule

b) A risk management strategy for identifying high-priority risks

c) A tool for breaking down project tasks

d) A method for developing communication strategies




What does a project’s scope baseline include?


✔✔a) The project scope statement, WBS, and WBS dictionary


b) The project’s budget and schedule

c) The stakeholder register and risk register

d) The project charter and communication plan




What is the main purpose of a kickoff meeting?


✔✔a) To align the team and stakeholders on the project’s objectives, deliverables, and plan


b) To finalize the project’s risk management strategies


3

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WGU Project Management C722

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