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WGU C722 PROJECT MANAGEMENT
ACTUAL EXAM 2025
A project manager is discussing the latest financial reports of a project to
construct a grocery store and is approximately 90% into the planning phase. The
project manager has been told by a project team member that other grocery
stores in the area have an automated teller machine (ATM) for visitors. An ATM
has not been discussed or incorporated into the planning of this project nor have
any been incorporated into prior grocery store services. The leader calls for the
immediate addition of an ATM into all prior grocery stores.Which non-numeric
model is this leader using?
Operating necessity
Competitive necessity
Sacred cow
Checklists
An organization has a surplus of project dollars in the operating budget. The
senior leader’s decision is to fund one more project with the remaining funds. Of
the three projects proposed, one of the projects was selected without evaluation
of feasibility or viability.Which non-numeric model is this leader using?
Operating necessity
Competitive necessity
Sacred cow
Weighted factor
Each project team member generated a series of questions to evaluate three
projects. The checklist was compiled into one list based on frequency of question
content, such as personnel, materials, experience, and time. The more frequent
the question content, the more likely the questions would be asked first.Which
two benefits result from this checklist approach?Choose 2 answers
Operational impact has been built in.
, Strategic impact has been integrated.
Biases have been reduced.
Priorities of senior leadership are met.
Each project team member generated a series of questions to evaluate three
projects. A checklist was then compiled into one list based on the frequency of
question content, such as personnel, materials, experience, and time.What is a
disadvantage of using this checklist approach?
Scoring models have not been integrated.
Biases have not been eliminated.
Numerical values have not been itemized.
Weighted values have not been considered.
Match each purpose to its associated financial concept.Answer options may be
used more than once or not at all. Select your answers from the pull-down list.
What is the time value of money?
The value of what you are giving up when you select one of two projects
The concept that a dollar today is worth a dollar, but a dollar in a year will be worth less
than a dollar
The discount amount when present value of cash intake equals the original investment
The measure of time in which total cash received is equal to, or exceeds, total costs
What is internal rate of return?
The value of what you are giving up when you select one of two projects
The concept that a dollar today is worth a dollar, but a dollar in a year will be worth less
than a dollar
The discount amount when present value of cash intake equals the original investment
The measure of time in which total cash received is equal to, or exceeds, total costs
Which two processes are considered iterative processes?Choose 2 answers
Initiating
Planning
Operating
Executing
Closing
Which activity is accomplished as part of the planning process of a project?
Finalizing the project budget
Reviewing the lessons learned in the project
Documenting any requested changes to scope
Reconciling the vendor accounts
Which activity is accomplished as part of the planning process of a project?
Training and coaching team members
Documenting any requested changes to scope
Finalizing the project schedule
Returning excess materials and supplies