Project+ (WGU C176) uCertify Chapter 1 and Chapter 2 Latest Update 2024-2025 Version Questions and Verified Correct Answers Guaranteed A+
- Problem Statement
- Deliverables
- Milestones
- Costs
- Assumptions
- Constraints
- Risks
- Stakeholders
- Project Description - CORRECT ANSWER: name the key parts of a project charter
(there are 9)
A, D, and E - CORRECT ANSWER: Q: You're working in a matrix organization. Choose three responses that describe this type of structure.
A Employees are assigned project tasks by their functional manager in this type of structure.
B This organizational structure is similar to a functional organization.
C Project managers have the majority of power in this type of structure.
D Matrix organizations can be structured as strong, weak, or balanced.
E Project resources are members of another business unit and may or may not be able to help you full-time.
Assumptions (high-level for Project Charters) - CORRECT ANSWER: Events, actions, concepts, or ideas you believe to be true. For example, you may have a resource need for the project with a highly specialized skill. Someone with this skill set resides in your IT department, and since you've worked with both the functional manager and this resource on past projects, you assume they'll be available for this project
B - CORRECT ANSWER: Q: What is a disadvantage of a project-based organization?
A The functional managers have control over which team members are assigned to projects.
B Once the project is completed, the project team members may not have other projects to work on.
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C The organization doesn't work on anything that isn't project-related.
D Costs are high because specialized skills are required to complete projects in this type of structure.
B (NPV (net present value) is calculated by subtracting the total of the expected cash inflows stated in today's dollars from the initial investment. In this scenario, the initial investment is higher than the cash flows, so the resulting NPV is less than zero, thus the project should be rejected. Discounted cash flows tell you the value of cash flows in today's dollars.) - CORRECT ANSWER: Q: Your project has expected cash inflows of $7.8 million in today's dollars. The project's initial investment is $9.2 million. Which of the following is true?
A The discounted cash flows are lower than the initial investment, so this project should be accepted.
B NPV is less than zero, so this project should be rejected.
C NPV is greater than zero, so this project should be accepted.
D The discounted cash flows are lower than the initial investment, so this project should be rejected.
B, C, and F (Deliverables are measurable outcomes or results, or specific items that must be produced, to consider a project complete. Deliverables are tangible, and easily measured and verified. It's possible that key deliverables may mark the completion of a project phase, and that deliverables are documented in the project charter, but these options do not describe the definition of a deliverable.) - CORRECT ANSWER: From the following options, select the three options that best describe the definition of a deliverable.
A It marks the completion of a project phase
B It has measurable outcomes or results
C It is a specific item that must be produced to consider the project complete
D It describes the characteristics of the product of the project
E It is documented in the project charter
F It is tangible and easily verified
B, E, and D - CORRECT ANSWER: Q: What steps are required to complete the pre- project setup?
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