Project Initiation & Planning Flashcards
7 cards from real CPM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Initiation & Planning flashcards as text
An organization selects projects using a scoring model that evaluates strategic alignment, risk, and ROI. This is an example of:
Answer: Portfolio management selection criteria
Portfolio management uses multi-criteria scoring models to select and prioritize projects that best align with organizational strategy.
What is the WBS dictionary?
Answer: A document providing detailed information about each WBS component
The WBS dictionary provides detailed descriptions, acceptance criteria, resource assignments, and other information for each WBS work package.
A project manager is using the Delphi technique during risk identification. This technique is characterized by:
Answer: Anonymous expert surveys iterated until consensus is reached
The Delphi technique uses multiple rounds of anonymous expert input to build consensus while avoiding groupthink and dominant personalities.
During project initiation, which factor typically has the HIGHEST influence on project success?
Answer: Clear definition of project objectives and success criteria
Ambiguous or poorly defined objectives are a leading cause of project failure; clarity at initiation has the highest leverage on success.
A project manager calculates a Schedule Performance Index (SPI) of 0.85. This means the project is:
Answer: Performing at 85% of the planned rate — behind schedule
An SPI below 1.0 means the project is earning less value than planned, indicating it is behind schedule.
What distinguishes a project assumption from a project constraint?
Answer: Assumptions are believed to be true but unverified; constraints are definite limitations
Assumptions are factors considered true for planning purposes without proof; constraints are real, binding limitations on the project.
Which planning process ensures that the project will include all the work required — and ONLY the work required — to complete it successfully?
Answer: Scope management
Scope management defines and controls what is and is not included in the project, preventing both scope gaps and scope creep.