CBC CBC Implementation & Project Management

Question 1

Which project management framework is most commonly adapted for blockchain implementations due to its iterative delivery approach?

Accepted Answer

Agile/Scrum

Answer

Waterfall

Answer

PRINCE2

Answer

Six Sigma DMAIC

Question 2

During a blockchain proof of concept (PoC), what is the PRIMARY goal?

Accepted Answer

Validate that the blockchain approach solves the identified business problem within defined constraints

Answer

Deploy a production-ready system to end users

Answer

Finalize all smart contract code for auditing

Answer

Onboard all network participants with live credentials

Question 3

What is the recommended approach when migrating legacy data into a new blockchain system?

Accepted Answer

Store only new data on-chain and keep legacy data in existing systems with integration APIs

Answer

Migrate all historical data directly onto the blockchain as transactions

Answer

Delete legacy data and start fresh on the blockchain

Answer

Convert all legacy data to NFTs for immutable storage

Question 4

Which key stakeholder group should be engaged FIRST when scoping a blockchain implementation project?

Accepted Answer

Business process owners who own the pain point the blockchain is meant to solve

Answer

Smart contract developers

Answer

Network infrastructure vendors

Answer

Regulatory attorneys

Question 5

What does a 'token economics' design (tokenomics) define in a blockchain implementation plan?

Accepted Answer

The rules governing token supply, distribution, incentives, and value flows within the ecosystem

Answer

The hardware costs for running blockchain nodes

Answer

The legal classification of tokens under US securities law

Answer

The smart contract language chosen for token contracts

Question 6

In a blockchain project, what is the purpose of a 'network governance model'?

Accepted Answer

To define who can propose and approve protocol changes, node membership, and dispute resolution

Answer

To configure firewall rules for node communication

Answer

To set transaction fee structures automatically

Answer

To schedule smart contract upgrades