CTCM EXAM REVIEW QUESTIONS
Three major reasons projects fail - Answers-Managerial support
Lack of organizational commitment
Communication breakdowns
Three primary activities affecting the success of a project - Answers-Project planning
Risk management
Communication
Project process groups - Answers-Initiating
Planning
Executing
Controlling
Closing
What is the purpose of the project initiation? - Answers-To produce a charter, which then
recognizes the existence of a new project and commits resources to begin it.
Define goal - Answers-A state of affairs that a plan is intended to achieve
What are objectives? - Answers-The tangible activities, outputs and measures to ensure
you meet your goals
Objectives should be SMART. What does SMART stand for? - Answers-Specific
Measurable
Achievable
Realistic
Time bound
What are the two project deliverables - Answers-Internal and external
Define constraints - Answers-Anything that restricts or dictates the actions of a project
team
What are the three primary constraints? - Answers-Time
Budget
Quality
Project planning is... - Answers-The most important phase of a project
Project planning includes: - Answers-Scope planning
Work breakdown structure
Define work breakdown structure - Answers-Divides a project into smaller and more
manageable segments and is an effective way to handle complex and lengthy projects
Project management elements - Answers-Project leadership
Project requirements
Organization options
Project team
Project planning
Opportunities and risks
Project control
Project visibility
Project status
Corrective action
What is resource planning? - Answers-Determines what is needed for the project,
including people, time, equipment, supplies, materials, etc and how much those
resources are needed to perform project activities
List three project management charts - Answers-Bar or Gantt
Milestone
Network diagrams
List three types of cost management - Answers-Parametric modeling
Bottom-up estimating
Analogous
Define quality planning - Answers-Process concerned with the targeting quality
standards that are relevant to a project and devising a plan to meet those standards
What are three costs associated with quality? - Answers-Preventative costs
Appraisal costs
Failure costs
What are two types of risk? - Answers-Inherent risk
Accountability control risk
Risk management - Answers-The process of identifying, quantifying, and mitigating
project risks
Three criteria used for identifying risk - Answers-Sensitivity
Significance
Susceptibility
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller GEEKA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.