CPM Project Initiation & Planning 3

Question 1

Which technique is used to IDENTIFY risks by examining assumptions made during project planning?

Accepted Answer

Assumption and constraint analysis

Answer

Assumption and constraint analysis tests the validity and stability of planning assumptions to surface potential risks if they prove false.

Question 2

The project sponsor asks why a project manager is spending time creating a stakeholder register during initiation. The BEST response is:

Accepted Answer

It identifies who can impact the project and how to engage them effectively

Answer

The stakeholder register captures stakeholder interests, involvement, and influence so the PM can plan appropriate engagement strategies.

Question 3

A project manager uses analogous estimating for the project schedule. This technique relies on:

Accepted Answer

Expert judgment and historical project data

Answer

Analogous estimating uses actual duration or cost data from previous similar projects combined with expert judgment.

Question 4

What is the critical path in a project network diagram?

Accepted Answer

The longest path through the network that determines project duration

Answer

The critical path is the longest sequence of dependent activities, and any delay on it directly delays the project end date.

Question 5

During project planning, team members consistently provide optimistic time estimates. What technique helps correct this bias?

Accepted Answer

Three-point estimating (PERT)

Answer

PERT uses optimistic, pessimistic, and most likely estimates to calculate a weighted average, balancing out systematic optimism bias.

(CPM) Certified Project Manager Practice Test