Management Consulting Principles & Practices Flashcards
7 cards from real CMC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Management Consulting Principles & Practices flashcards as text
Which of the following is the most critical indicator that a consulting engagement has achieved sustainable impact?
Answer: The client independently sustains improvements after the engagement ends
Sustainable impact means the client has the capability and momentum to maintain improvements without continued consultant involvement — the ultimate measure of value delivered.
A consultant is managing three concurrent client engagements and realizes one will miss its deadline. The correct response is to:
Answer: Immediately communicate the risk to the affected client and propose remedies
Proactive communication about delivery risks — paired with solutions — preserves client trust and allows collaborative problem-solving before the situation escalates.
Porter's Five Forces framework is best applied in consulting to assess:
Answer: The structural attractiveness and competitive intensity of an industry
Porter's Five Forces analyzes the bargaining power of buyers and suppliers, threat of new entrants, substitute products, and rivalry to assess industry-level profitability potential.
In consulting, 'scope creep' most often occurs when:
Answer: Additional work is added without formally adjusting scope, timeline, or fees
Scope creep happens when out-of-scope requests are absorbed informally, consuming resources without commensurate adjustment to the engagement terms.
When designing a client workshop, a consultant should prioritize which of the following?
Answer: Structuring activities to build client ownership of insights and decisions
Effective workshops generate client ownership by making participants active contributors to insights and decisions, increasing adoption of recommendations.
Which of the following best defines 'objectivity' as a core principle for a Chartered Management Consultant?
Answer: Providing advice based on evidence and analysis, free from personal bias or external pressure
Objectivity requires that advice be grounded in evidence and professional judgment, uninfluenced by personal interests, client pressure, or confirmation bias.
A client requests that a consultant omit a finding that reflects poorly on senior management from the final report. The CMC's ethical obligation is to:
Answer: Include the finding with appropriate context, or withdraw from the engagement if pressured to suppress it
CMC ethics require that material findings be reported honestly; if a client insists on suppression of critical facts, withdrawal may be necessary to protect professional integrity.