Project Management > QUESTIONS & ANSWERS > WGU Project Management C722 Unit 8 Module 30 quiz, top Exam Questions & Answers, rated A+ (All)
WGU Project Management C722 Unit 8 Module 30 quiz, top Exam Questions & Answers, rated A+ Before Caesar, the chef, left, he apparently ordered several high-end appliances without anyone's knowl ... edge. The project budget accommodates expenditure for mid-line appliances. What is this an example of? a. Project failure b. Scope creep c. Quality management d. Risk mitigation - ✔✔-b. scoop creep When a project team member integrates enhancements without proper evaluation and approval, scope creep occurs. You discover that the flooring subcontractor has made a pretty significant error in estimating the duration of completing the floor installation. What is this an example of ? a. Risk assessment b. Variance c. Work performance data d. Quality assurance - ✔✔-b. Variance Variances may be caused by errors in estimating the activity durations. As the project manager of the project, you need to assess the work completed. Which tool should you use? a. Baselining b. A network diagram c. Earned Value Analysis (EVA) d. Requirements traceability matrix - ✔✔-c. Earned Value Analysis (EVA) EVA is the process of assessing the work completed. EVA allows the project manager to compare the actual WBS work activities completed to the actual expenditures. You are well into the final renovations of the restaurant and everything is on schedule and within the budget margins specified in the planning documents. Then a freak snowstorm brings work to a grinding halt for a full week. Because this is always a possibility, you identified this event as a potential risk. Which document should you refer to in order to move the work forward? a. Project charter b. Work Breakdown Structure (WBS) c. A resource responsibility matrix d. A contingency plan - ✔✔-d. A contingency plan Contingency plans are previously developed responses to events that may occur during the execution of the project. Because you identified this as a risk, you should have a contingency plan for dealing with the issue. You need to monitor project costs against the baseline. What is true about monitoring costs? (Choose all that apply.) a. Monitoring of costs is planned into the schedule. b. Monitoring of costs occurs constantly. c. Monitoring of project costs occurs throughout the execution of the project. - ✔✔-A. Monitoring of costs is planned into the schedule C. Monitoring of project costs occurs throughout the execution of the project During a discussion with the interior designer, she mentions that your business partner added a few new requirements just as the executing phase began. You need to review those requirements, so you refer to the ________. a. corrective action document b. requirement traceability matrix c. risk register - ✔✔-c. requirement traceability matrix Customer requirements are recorded in the requirements traceability matrix. As the team continues to execute the project, when should you monitor the risk register? a. At any point where a risk arises b. Continuously c. When improvement changes are identified d. At the midpoint and end of the executing phase - ✔✔-b. continuously The risk register is monitored continuously in the project to remove risks that are no longer a threat to the project. the blank" question: select the correct answer. Three weeks before you are scheduled to have the final inspections, the government changes a few regulations that will require additional work before the inspections can be completed. This is an example of ________. a. improvement change b. risk transfer c. other change - ✔✔-c. other change [Show More]
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