WGU Financial-Management Q&A - in .pdf

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  • Exam Code: Financial-Management
  • Exam Name: WGU Financial Management VBC1
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NEW QUESTION: 1
Organizational planning impacts projects by means of project prioritization based on risk, funding, and an organizations:
A. Resource plan
B. Budget plan
C. Strategic plan
D. Scope plan
Answer: C
Explanation:
Explanation/Reference:
Explanation:
4.1.1.1 Project Statement of Work
The project statement of work (SOW) is a narrative description of products, services, or results to be delivered by a project. For internal projects, the project initiator or sponsor provides the statement of work based on business needs, product, or service requirements. For external projects, the statement of work can be received from the customer as part of a bid document, (e.g., a request for proposal, request for information, or request for bid) or as part of a contract. The SOW references the following:
Business need. An organization's business need may be based on a market demand, technological

advance, legal requirement, government regulation, or environmental consideration. Typically, the business need and the cost-beneft analysis are contained in the business case to justify the project.
Product scope description. The product scope description documents the characteristics of the product,

service, or results that the project will be undertaken to create. The description should also document the relationship between the products, services, or results being created and the business need that the project will address.
Strategic plan. The strategic plan documents the organization's strategic vision, goals, and objectives

and may contain a high-level mission statement. All projects should be aligned with their organization's strategic plan. Strategic plan alignment ensures that each project contributes to the overall objectives of the organization.

NEW QUESTION: 2
HOTSPOT

Answer:
Explanation:


NEW QUESTION: 3
What are three examples of hypervisor platforms? (Choose three.)
A. SuSE Linux
B. Microsoft Hyper-V
C. Microsoft Exchange 2016
D. VMware vSphere
E. Citrix XenServer
Answer: B,D,E

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