CTCM Test A Questions With Complete Solutions

Project Management is defined as: correct answer: The discipline of defining and achieving specific goals and objectives for temporary and unique efforts through effective management. An individual responsible for managing the successful planning, implementation, and execution of a system, service or product to meet a need while balancing cost, schedule and performance requirements is a: correct answer: Project Manager One of the four major reasons that projects fail is: correct answer: Communications Breakdown Which of the following is the first step in project initiation? correct answer: Define Needs Documenting and tracking assumptions to resolution is important in order to: correct answer: Manage Risk The scope statement justifies the project by documenting the project objectives, requirements and deliverables. It becomes the basis for the: correct answer: Statement of Work What are two types of project deliverables? correct answer: Internal and External Which is a project manager's responsibility? correct answer: Resist pressure by sponsor or customer to dictate a schedule. Budget planning involves three processes: correct answer: Estimating, Costing, and Pricing Which technique of cost estimation is a mathematical model based on project characteristics and historical experience? correct answer: Parametric Which of the following would likely not be a stakeholder in a project to construct a new highway f