C722 MGMT 3400
Project Management
OBJECTIVE ASSESSMENT GUIDE
© WGU 2024/2025
,1. Question: Which of the following is the most critical phase in
managing successful projects in Agile methodology?
- a) Initiation
- b) Planning
- c) Execution
- d) Iteration
Answer: d) Iteration
Rationale: In Agile methodology, the iterative process allows
for continuous feedback and adjustment, making iterations the
most critical phase.
2. Question: In Earned Value Management (EVM), which
metric indicates that a project is performing as per the budgeted
cost?
- a) Cost Performance Index (CPI) = 1
- b) Schedule Performance Index (SPI) = 1
- c) CPI > 1
- d) SPI > 1
© WGU 2024/2025
, Answer: a) Cost Performance Index (CPI) = 1
Rationale: A CPI of 1 indicates that the project is on budget.
3. Question: Which document outlines the process of
identifying stakeholders before a project starts?
- a) Project Charter
- b) Stakeholder Register
- c) Risk Register
- d) Work Breakdown Structure (WBS)
Answer: b) Stakeholder Register
Rationale: The Stakeholder Register is used for recording the
details and interests of stakeholders.
4. Question: Which of the following risk response strategies
involves changing the project plan to eliminate the risk or protect
the project objectives from its impact?
- a) Mitigation
- b) Avoidance
- c) Transfer
© WGU 2024/2025
Project Management
OBJECTIVE ASSESSMENT GUIDE
© WGU 2024/2025
,1. Question: Which of the following is the most critical phase in
managing successful projects in Agile methodology?
- a) Initiation
- b) Planning
- c) Execution
- d) Iteration
Answer: d) Iteration
Rationale: In Agile methodology, the iterative process allows
for continuous feedback and adjustment, making iterations the
most critical phase.
2. Question: In Earned Value Management (EVM), which
metric indicates that a project is performing as per the budgeted
cost?
- a) Cost Performance Index (CPI) = 1
- b) Schedule Performance Index (SPI) = 1
- c) CPI > 1
- d) SPI > 1
© WGU 2024/2025
, Answer: a) Cost Performance Index (CPI) = 1
Rationale: A CPI of 1 indicates that the project is on budget.
3. Question: Which document outlines the process of
identifying stakeholders before a project starts?
- a) Project Charter
- b) Stakeholder Register
- c) Risk Register
- d) Work Breakdown Structure (WBS)
Answer: b) Stakeholder Register
Rationale: The Stakeholder Register is used for recording the
details and interests of stakeholders.
4. Question: Which of the following risk response strategies
involves changing the project plan to eliminate the risk or protect
the project objectives from its impact?
- a) Mitigation
- b) Avoidance
- c) Transfer
© WGU 2024/2025
