CAC CAC Project Management and Planning 2

Question 1

What is a Risk Register used for in acceptance project management?

Accepted Answer

To identify, assess, and track project risks along with their probability, impact, and mitigation plans

Answer

A Risk Register captures identified risks, their likelihood and impact, assigned owners, and planned responses to manage uncertainty proactively.

Question 2

Which project management document formally authorizes a project and identifies the project manager?

Accepted Answer

Project Charter

Answer

The Project Charter formally authorizes the project's existence, grants the project manager authority, and documents high-level objectives and stakeholders.

Question 3

In acceptance project planning, what is the purpose of a kickoff meeting?

Accepted Answer

To align all stakeholders on project objectives, scope, roles, and schedule before work begins

Answer

A kickoff meeting establishes shared understanding of project goals, responsibilities, timelines, and communication expectations among all team members.

Question 4

What does 'scope creep' mean in the context of acceptance project management?

Accepted Answer

The uncontrolled addition of requirements or tasks beyond the originally agreed project scope

Answer

Scope creep occurs when project requirements expand incrementally without formal change control, consuming time and budget without corresponding authorization.

Question 5

A project is running behind schedule. Which technique involves simultaneously performing tasks that were originally planned sequentially to recover schedule?

Accepted Answer

Fast tracking

Answer

Fast tracking overlaps sequential activities in parallel, accepting increased risk, to shorten the project schedule without adding resources.

CAC - Certified Acceptance Corporation Professional Practice Test

CAC - Certified Acceptance Corporation Professional Practice Test

CAC CAC Project Management and Planning 2