C722 WGU PROJECT
MANAGEMENT Questions 100%
correct, expert verified answers
PMBOK 7 The Standard for Project Management
PMBOK 7
The Standard for Project Management presents 12 principles that anyone leading projects should
be able to live by
Stewardship Be a diligent, respectful, and caring steward.
Team Create a collaborative team environment.
Stakeholders Effectively engage with stakeholders.
Value Focus on value.
Systems thinking Recognize, evaluate, and respond to the system interactions.
Leadership Demonstrate leadership behaviors to support individual and team needs.
Tailoring Tailor based on context.
Quality Build quality into processes and products (deliverables).
Complexity Navigate complexity.
,Risk Optimize risk response.
adaptability and resiliency. Embrace adaptability and resiliency.
Change Enable change to achieve the envisioned future state.
Responsibility The duty to take ownership of the decisions made or failed to make as a
practitioner, the actions you take or fail to take, and the consequences that result.
Respect is the duty to show a high regard for yourself, others, and the resources entrusted to
you. Resources entrusted to you may include people, money, reputation, the safety of others, and
natural and environmental resources. An environment of respect engenders trust, confidence, and
performance excellence by fostering cooperation and an environment where diverse perspectives and
views are encouraged and valued.
Fairness is your duty to make decisions and act impartially and objectively. Your conduct must be
free from competing self-interest, prejudice, and favoritism.
Honesty is your duty to understand the truth and act in a truthful manner both in your
communications and in your conduct.
project temporary endeavor with a specified start and end date. It exists to develop a unique
product, service, or result that may become a part of the organization's ongoing operations
Operations are the ongoing, daily activities of an organization that produce revenue and expense.
They continue over an indefinite period of time, creating business transactions and delivering products
and services that generate revenue.
Operations the ongoing, day-to-day activities that a company, a not-for-profit, or a government
entity engages in.
,Operations There is not a specifically defined start date, there is no specifically defined end date,
and there is no unique product, service, or result as an output
A product anything that's created and offered to meet a need or solve a problem for a customer
business scenario description of a business situation or problem that describes the following:
past events that are relevant
current key information
expected or desired outcomes
A business scenario is representative of a significant business need or problem and enables
vendors to understand the value to the customer organization of a developed solution
business strategy is the overall plan an organization uses to achieve its goals and improve its
value.
example of business strategy activities, methods, and tactics a company chooses
Subject matter experts (SMEs) are individuals within an organization who have specialized
knowledge, skills, and experience in a specific area.
example of subject matter expert (SME) software engineer, marketing specialist
A program is a group of projects that support the goals and objectives of the company; it may be
established and is a group of related projects
example of a project Developing a more efficient engine for the new full-size passenger car.
A portfolio is a group of related programs that support a long-term company goal or objective.
, charter i is a document that, like a contract, is agreed upon by the sponsor and key stakeholders.
It defines the project and authorizes the resources, roles, responsibilities, authorities, and scope for the
project.
example of a charter A company wants to develop a new electric car battery.
Defining project charter is created to officially start the project and give it direction.
example of defining A company decides to launch a new mobile app.
Project planning is the phase where a team outlines how a project will be carried out by
organizing key elements such as technology, staffing, training, testing, communication, budget, and how
the project will integrate with business operations.
project management planning phase examples technology
business process
staffing
training
testing
communications
budget constraints
integration of the project with operations and other projects
Project execution is the phase where the project plan is carried out by completing tasks and
deliverables, while the project manager monitors progress, manages changes, and ensures the work
stays aligned with the schedule, budget, and goals despite challenges or risks.
Project execution example is when a team completes project tasks and deliverables while the
project manager monitors progress and handles any changes or issues that arise.
MANAGEMENT Questions 100%
correct, expert verified answers
PMBOK 7 The Standard for Project Management
PMBOK 7
The Standard for Project Management presents 12 principles that anyone leading projects should
be able to live by
Stewardship Be a diligent, respectful, and caring steward.
Team Create a collaborative team environment.
Stakeholders Effectively engage with stakeholders.
Value Focus on value.
Systems thinking Recognize, evaluate, and respond to the system interactions.
Leadership Demonstrate leadership behaviors to support individual and team needs.
Tailoring Tailor based on context.
Quality Build quality into processes and products (deliverables).
Complexity Navigate complexity.
,Risk Optimize risk response.
adaptability and resiliency. Embrace adaptability and resiliency.
Change Enable change to achieve the envisioned future state.
Responsibility The duty to take ownership of the decisions made or failed to make as a
practitioner, the actions you take or fail to take, and the consequences that result.
Respect is the duty to show a high regard for yourself, others, and the resources entrusted to
you. Resources entrusted to you may include people, money, reputation, the safety of others, and
natural and environmental resources. An environment of respect engenders trust, confidence, and
performance excellence by fostering cooperation and an environment where diverse perspectives and
views are encouraged and valued.
Fairness is your duty to make decisions and act impartially and objectively. Your conduct must be
free from competing self-interest, prejudice, and favoritism.
Honesty is your duty to understand the truth and act in a truthful manner both in your
communications and in your conduct.
project temporary endeavor with a specified start and end date. It exists to develop a unique
product, service, or result that may become a part of the organization's ongoing operations
Operations are the ongoing, daily activities of an organization that produce revenue and expense.
They continue over an indefinite period of time, creating business transactions and delivering products
and services that generate revenue.
Operations the ongoing, day-to-day activities that a company, a not-for-profit, or a government
entity engages in.
,Operations There is not a specifically defined start date, there is no specifically defined end date,
and there is no unique product, service, or result as an output
A product anything that's created and offered to meet a need or solve a problem for a customer
business scenario description of a business situation or problem that describes the following:
past events that are relevant
current key information
expected or desired outcomes
A business scenario is representative of a significant business need or problem and enables
vendors to understand the value to the customer organization of a developed solution
business strategy is the overall plan an organization uses to achieve its goals and improve its
value.
example of business strategy activities, methods, and tactics a company chooses
Subject matter experts (SMEs) are individuals within an organization who have specialized
knowledge, skills, and experience in a specific area.
example of subject matter expert (SME) software engineer, marketing specialist
A program is a group of projects that support the goals and objectives of the company; it may be
established and is a group of related projects
example of a project Developing a more efficient engine for the new full-size passenger car.
A portfolio is a group of related programs that support a long-term company goal or objective.
, charter i is a document that, like a contract, is agreed upon by the sponsor and key stakeholders.
It defines the project and authorizes the resources, roles, responsibilities, authorities, and scope for the
project.
example of a charter A company wants to develop a new electric car battery.
Defining project charter is created to officially start the project and give it direction.
example of defining A company decides to launch a new mobile app.
Project planning is the phase where a team outlines how a project will be carried out by
organizing key elements such as technology, staffing, training, testing, communication, budget, and how
the project will integrate with business operations.
project management planning phase examples technology
business process
staffing
training
testing
communications
budget constraints
integration of the project with operations and other projects
Project execution is the phase where the project plan is carried out by completing tasks and
deliverables, while the project manager monitors progress, manages changes, and ensures the work
stays aligned with the schedule, budget, and goals despite challenges or risks.
Project execution example is when a team completes project tasks and deliverables while the
project manager monitors progress and handles any changes or issues that arise.
