CMG3701 ASSIGNMENT 2 COMPLETE ANSWERS STUDY GUIDE
2025/2026 VERIFIED QUESTIONS AND CORRECT DETAILED
SOLUTIONS WITH RATIONALES || 100% GUARANTEED PASS
<LATEST VERSION>
Section 1: Project Lifecycle and Initiation (Questions 1-15)
1. What is the first major phase in the project lifecycle?
a) Planning
b) Execution
c) Initiation
d) Closing
2. A document that formally authorizes the existence of a project and
provides the project manager with the authority to apply organizational
resources is called the?
a) Project Charter
b) Business Case
c) Scope Statement
d) Feasibility Study
,3. Which of the following is a primary goal of the project initiation phase?
a) To complete the final drawings
b) To define the project at a broad level and secure authorization
c) To execute the construction work
d) To control the project budget
4. A feasibility study in construction primarily assesses what?
a) The final cost of the project
b) The practicality and potential for success of the project
c) The construction methods to be used
d) The quality of materials
5. Who is typically responsible for signing and approving the project
charter?
a) The Project Manager
b) The Lead Architect
c) The Project Sponsor or Initiator
d) The Head Contractor
6. The "Statement of Work" (SOW) is a key input for developing the
project charter. What does it describe?
a) The project's budget in detail
, b) The products, services, or results to be delivered by the project
c) The resumes of the project team members
d) The construction schedule
7. What is the main purpose of a project kick-off meeting?
a) To finalize the design
b) To align the project team's understanding of goals, roles, and processes
c) To sign contracts with all suppliers
d) To celebrate project completion
8. Which of these is NOT a key component of a project charter?
a) High-level project objectives
b) Assigned Project Manager
c) Detailed work breakdown structure
d) Summary milestone schedule
9. Identifying key stakeholders occurs during which project phase?
a) Initiation
b) Planning
c) Execution
d) Monitoring & Controlling
, 10.The primary business need, problem, or opportunity that a project is
undertaken to address is defined in the?
a) Project Budget
b) Project Justification / Business Case
c) Risk Register
d) Quality Management Plan
11.What document is often used to select a project from several competing
options?
a) Gantt Chart
b) Bill of Quantities
c) Net Present Value (NPV) Analysis
d) Site Inspection Report
12.A project is considered successfully initiated when:
a) The first invoice is paid.
b) The project charter is approved and resources are committed.
c) The foundation is poured.
d) The final design is complete.
13.What is a key output of the initiation process group?
a) The detailed project schedule
2025/2026 VERIFIED QUESTIONS AND CORRECT DETAILED
SOLUTIONS WITH RATIONALES || 100% GUARANTEED PASS
<LATEST VERSION>
Section 1: Project Lifecycle and Initiation (Questions 1-15)
1. What is the first major phase in the project lifecycle?
a) Planning
b) Execution
c) Initiation
d) Closing
2. A document that formally authorizes the existence of a project and
provides the project manager with the authority to apply organizational
resources is called the?
a) Project Charter
b) Business Case
c) Scope Statement
d) Feasibility Study
,3. Which of the following is a primary goal of the project initiation phase?
a) To complete the final drawings
b) To define the project at a broad level and secure authorization
c) To execute the construction work
d) To control the project budget
4. A feasibility study in construction primarily assesses what?
a) The final cost of the project
b) The practicality and potential for success of the project
c) The construction methods to be used
d) The quality of materials
5. Who is typically responsible for signing and approving the project
charter?
a) The Project Manager
b) The Lead Architect
c) The Project Sponsor or Initiator
d) The Head Contractor
6. The "Statement of Work" (SOW) is a key input for developing the
project charter. What does it describe?
a) The project's budget in detail
, b) The products, services, or results to be delivered by the project
c) The resumes of the project team members
d) The construction schedule
7. What is the main purpose of a project kick-off meeting?
a) To finalize the design
b) To align the project team's understanding of goals, roles, and processes
c) To sign contracts with all suppliers
d) To celebrate project completion
8. Which of these is NOT a key component of a project charter?
a) High-level project objectives
b) Assigned Project Manager
c) Detailed work breakdown structure
d) Summary milestone schedule
9. Identifying key stakeholders occurs during which project phase?
a) Initiation
b) Planning
c) Execution
d) Monitoring & Controlling
, 10.The primary business need, problem, or opportunity that a project is
undertaken to address is defined in the?
a) Project Budget
b) Project Justification / Business Case
c) Risk Register
d) Quality Management Plan
11.What document is often used to select a project from several competing
options?
a) Gantt Chart
b) Bill of Quantities
c) Net Present Value (NPV) Analysis
d) Site Inspection Report
12.A project is considered successfully initiated when:
a) The first invoice is paid.
b) The project charter is approved and resources are committed.
c) The foundation is poured.
d) The final design is complete.
13.What is a key output of the initiation process group?
a) The detailed project schedule
