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WGU C722 Project Management |QUESTIONS AND ANSWERS

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wgu Project Management

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Project Management



1. Fred is a project manager for his organization, and he is helping manage- ment to create a project
charter for a new project. Once it's officially approved, it will formally initiate the project. The project
charter should identify all of the following except for which one?: Quality improvement processes

A project charter doesn't define quality improvement processes, which are included later in
project planning, in a process improvement plan.
2. Which of the following documents is described in the statement below?

"It includes a brief definition of scope or statement of work, defined deliver- ables, a list of associated
activities, and a list of milestones.": WBS dictionary
3. You work as a project manager for uCertify Inc. You have to detail all work packages in a WBS,
including estimates and billing information. Which of the following documents will you use to
accomplish the task?: WBS dictionary
4. You've been assigned to manage a new project that involves deployment of a new software
application to all your organization's users. You've identified the scope and related scope
management activities. You plan to develop a schedule that your project team can follow. You've
begun to define activities required to complete work packages. Which of the following would not
serve as an input in this process?: Risk matrix

A risk matrix is a tool for analyzing risks, their impact, their probability, and so on and doesn't
serve as a direct input for defining activities.
5. Mary is project manager for her organization. She's working with a project team to define project
activities. She's concerned about some dependencies of project work that might affect the project
schedule. Which of the following is the best example of a project constraint likely to affect the
project's ability to finish by a given deadline?: The project must use the organization to deliver the
project software as a deliverable.
6. Your subject-matter expert tells you that her most likely estimate is 40 hours, pessimistic estimate
is 65 hours, and optimistic estimate is 24 hours. What's the final three-point estimate?: Three-point
estimate = (most likely estimate + optimistic estimate + pessimistic estimate)/3
= (40 + 24 + 65)/3 = 43 hours
7. You're a project manager in a matrix environment, and management is concerned about your
utilization of project team resources and when you'll release them. What project management plan
will guide you on how and when you'll release resources from your team?: Project staffing
management plan




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, Project Management



8. You're a manager of the NQK project for your organization. Your project team has both internal and
contract-based employees. What document should define how the contract-based employees will be
managed?: Contract
9. Which of the following cost estimation methods is most accurate, costly, and time consuming?:
Bottom-up
10.Which of the following is a time-phased budget used to measure and monitor cost
performance throughout a project life cycle?: Cost baseline
11.Which of the following techniques are used by a project manager to assist with quality planning?

Each correct answer represents a complete solution. Choose all that apply.: -
Peer review

Inspection

Benchmarking
12.Which of the following techniques are included in initial risk assessment?

Each correct answer represents a complete solution. Choose all that apply.: -
SWOT analysis Brainstorming
Delphi technique
13.Jane is manager of the GBB project for her company. A vendor has offered her a product with 10
percent discount if a company will order 100 units for the product. It's possible that the GBB project
may need them, but their cost may be an issue. Jane documents the offer and tells the vendor she'll
keep the offer in mind and continue with the project as planned. What risk response has been given in
this project?: Acceptance
14.What's one of the first things you must know before determining risk probability and
impact?: Stakeholder risk-tolerance levels
15.Gary, a project manager, and his project team have completed a qualitative risk analysis and are
about to begin quantitative risk analysis. However, Mary, the project sponsor, wants to know what
their quantitative risk analysis will review. Which of the following best defines what their quantitative
risk analysis will review?: The effect of risk events that might substantially impact the project's
competing demands




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