WGU C722 Project Management (IPO1)

11. Regardless of organizational structure, an organization elects to use a PMO. Which benefit will this organization gain?

A. Projects will avoid the cost incurred from having redundant resources.

B. Projects will receive enough funding to have an independent resource pool.

C. Projects will produce more revenue than routine operations.

D. Projects will capture historical records in a central repository.

12. During which life cycle phase does formal acceptance of the project’s product occur?

A. Defining

B. Closing

C. Executing

D. Planning

13. What do the project phases (defining, planning, executing, and closing) help project managers conceptualize?

A. The project customer’s financial status

B. The type of work that occurs

C. How the project will be maintained once completed

D. Each project team member’s daily duties

14. Which project phase includes the development of the project proposal?

A. Closing

B. Planning

C. Executing

D. Defining

15. A project team proceeds with activities set in the WBS, and progress is monitored against budget, schedule, and scope. During which phase are these completed?

A. Defining

B. Closing

C. Planning

D. Executing

16. Due to an error in the change approval and tracking system, a revision (schedule-related) was not properly documented and was carried through to higher levels. What will be the impact on the project?

A. The project will go over budget.

B. Additional resources will be assigned.

C. There will be a schedule variance.

D. A single work package will have no effect on the project.

17. Due to an error in the change approval and tracking system, a revision in the cost to complete a work package was not properly documented and was carried through to higher level cost accounts. What will be the impact on the project?

A. A single work package will have no effect on the project.

B. Additional resources will be assigned.

C. The project will finish ahead of schedule.

D. There will be a cost variance.

18. A WBS develops mutual understanding among stakeholders, highlights all elements involved, and defines parameters for success. What aspect of WBS is being discussed?

A. Purpose of the project

B. Scope of the project

C. Objectives of the organization

D. Structure of the organization

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