CMC CMC Project Management & Delivery 2

Question 1

Which of the following best describes a work breakdown structure (WBS) in a consulting project?

Accepted Answer

A hierarchical decomposition of total project scope into manageable components

Answer

A WBS hierarchically decomposes project scope into smaller, manageable work packages.

Question 2

In CMC engagements, the critical path method (CPM) is used to:

Accepted Answer

Identify the sequence of tasks that determines the minimum project duration

Answer

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?

Accepted Answer

During project initiation and scoping

Answer

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?

Accepted Answer

To provide strategic oversight, approve major decisions, and resolve escalations

Answer

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?

Accepted Answer

Risk transfer

Answer

Risk transfer shifts the financial or operational impact of a risk to another party, such as through insurance or subcontracting.

(CMC) Chartered Management Consultant Practice Test