CMC CMC Project Management & Delivery 2 — Questions and Answers
Question 1: Which of the following best describes a work breakdown structure (WBS) in a consulting project?
- A financial budget document
- A hierarchical decomposition of total project scope into manageable components (Correct answer)
- A stakeholder communication plan
- A risk register for the project
Correct answer: A hierarchical decomposition of total project scope into manageable components
A WBS hierarchically decomposes project scope into smaller, manageable work packages.
Question 2: In CMC engagements, the critical path method (CPM) is used to:
- Identify the sequence of tasks that determines the minimum project duration (Correct answer)
- Assign financial resources across departments
- Evaluate consultant performance
- Conduct client satisfaction surveys
Correct answer: Identify the sequence of tasks that determines the minimum project duration
CPM identifies the longest sequence of dependent tasks, determining the shortest possible project duration.
Question 3: A CMC consultant should define project success criteria at which phase of the engagement?
- During the final review
- At project closure
- During project initiation and scoping (Correct answer)
- After the first deliverable is submitted
Correct answer: During project initiation and scoping
Defining success criteria during initiation ensures client and consultant alignment before work begins.
Question 4: What is the purpose of a project steering committee in a consulting engagement?
- To perform day-to-day project tasks
- To provide strategic oversight, approve major decisions, and resolve escalations (Correct answer)
- To handle all client invoicing
- To conduct technical testing of deliverables
Correct answer: To provide strategic oversight, approve major decisions, and resolve escalations
A steering committee provides governance-level oversight and resolves issues that exceed the project team's authority.
Question 5: Which risk response strategy involves transferring project risk to a third party?
- Risk avoidance
- Risk mitigation
- Risk transfer (Correct answer)
- Risk acceptance
Correct answer: Risk transfer
Risk transfer shifts the financial or operational impact of a risk to another party, such as through insurance or subcontracting.
Question 6: A CMC consultant's project status report should include all of the following EXCEPT:
- Progress against milestones
- Budget vs. actuals
- Confidential competitor intelligence (Correct answer)
- Key risks and issues
Correct answer: Confidential competitor intelligence
Confidential competitor intelligence is not appropriate for client project status reports due to legal and ethical constraints.
CMC CMC Project Management & Delivery 2
Which of the following best describes a work breakdown structure (WBS) in a consulting project?