CTCM Test A Exam Review Solved
100% Correct
Project Management is defined as: - 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: - Answer - ✔ Project Manager
One of the four major reasons that projects fail is: - Answer - ✔ Communications
Breakdown
Which of the following is the first step in project initiation? - Answer - ✔ Define Needs
Documenting and tracking assumptions to resolution is important in order to: - Answer -
✔ Manage Risk
The scope statement justifies the project by documenting the project objectives,
requirements and deliverables. It becomes the basis for the: - Answer - ✔ Statement of
Work
What are two types of project deliverables? - Answer - ✔ Internal and External
Which is a project manager's responsibility? - Answer - ✔ Resist pressure by sponsor or
customer to dictate a schedule.
Budget planning involves three processes: - Answer - ✔ Estimating, Costing, and
Pricing
Which technique of cost estimation is a mathematical model based on project
characteristics and historical experience? - Answer - ✔ Parametric
Which of the following would likely not be a stakeholder in a project to construct a new
highway from Lubbock to Dallas? - Answer - ✔ A governor from Montana.
In a quality system framework, the highest quality process maturity level is: - Answer - ✔
Optimizing
Risk management is the estimation and mitigation of which two values? - Answer - ✔
Risk event probability x risk event impact.
100% Correct
Project Management is defined as: - 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: - Answer - ✔ Project Manager
One of the four major reasons that projects fail is: - Answer - ✔ Communications
Breakdown
Which of the following is the first step in project initiation? - Answer - ✔ Define Needs
Documenting and tracking assumptions to resolution is important in order to: - Answer -
✔ Manage Risk
The scope statement justifies the project by documenting the project objectives,
requirements and deliverables. It becomes the basis for the: - Answer - ✔ Statement of
Work
What are two types of project deliverables? - Answer - ✔ Internal and External
Which is a project manager's responsibility? - Answer - ✔ Resist pressure by sponsor or
customer to dictate a schedule.
Budget planning involves three processes: - Answer - ✔ Estimating, Costing, and
Pricing
Which technique of cost estimation is a mathematical model based on project
characteristics and historical experience? - Answer - ✔ Parametric
Which of the following would likely not be a stakeholder in a project to construct a new
highway from Lubbock to Dallas? - Answer - ✔ A governor from Montana.
In a quality system framework, the highest quality process maturity level is: - Answer - ✔
Optimizing
Risk management is the estimation and mitigation of which two values? - Answer - ✔
Risk event probability x risk event impact.
