CTCM Test A Questions & Answers Solved 100% Correct!!

CTCM Test A Questions & Answers Solved 100% Correct!! Project Management is defined as: The discipline of defining and achieving specific goals and objectives for temporary and unique efforts through effective management. An individual responsible for managing the successful planning, implementation, and execution of a system, service or product to meet a need while balancing cost, schedule and performance requirements is a: Project Manager One of the four major reasons that projects fail is: Communications Breakdown Which of the following is the first step in project initiation? Define Needs Documenting and tracking assumptions to resolution is important in order to: Manage Risk The scope statement justifies the project by documenting the project objectives, requirements and deliverables. It becomes the basis for the: Statement of Work What are two types of project deliverables? Internal and External Which is a project manager's responsibility? Resist pressure by sponsor or customer to dictate a schedule. Budget planning involves three processes: Estimating, Costing, and Pricing Which technique of cost estimation is a mathematical model based on project characteristics and historical experience? Parametric Which of the following would likely not be a stakeholder in a project to construct a new highway from Lubbock to Dallas? A governor from Montana. In a quality system framework, the highest quality process maturity level is: Optimizing Risk management is the estimation and mitigation of which two values? Risk event probability x risk event impact. The four risk response methods are: Avoidance, Transference, Mitigation, Acceptance The four stages of team development are: - Forming - Storming - Norming - Performing Contract management can be defined as: The entire contracting process from planning through contract administration. 1The four components of contract management framework (CMF) are: