CIMA Exam CIMAPRA19-E02-1 Topic 7 Question 68 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam

Question #: 68
Topic #: 7

The Board of organisation Y has authorised an upgrade toitscomputerised finance system.

The Finance Director, X, has been tasked with managing this project. X has been requested to consult with stakeholders, in order that a Project Initiation Document (PID) may be produced.

What arethe TWO main uses of a PID?

ATo ensure that the project is broken down into work packages and a Work Breakdown Structure be produced.

BTo produce a risk assessment of both internal and external risks that are likely to effect the project, and alternative actions to reduce the risks.

CTo ensure that the project has a complete sound basis before any major commitment to the project.

DTo act as a base document against which the project can be managed for progress, change management issues, and ongoing viability issues.

Show Suggested Answer

Suggested Answer: A, B

by Lavera at Apr 01, 2023, 12:33 PM

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Malissa

1 months ago

A PID? More like a 'Project Initiation Doozy', am I right? But seriously, I'd go with C and D - gotta make sure the project is on solid ground before diving in headfirst!

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Virgilio

5 days ago

That's true, a PID really sets the tone for the entire project.

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Bette

8 days ago

Definitely, having a solid foundation can prevent a lot of issues down the line.

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Rosio

17 days ago

I agree, starting off on the right foot is crucial for any project.

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Cordie

1 months ago

Hmm, this is a tricky one. I think the examiner is trying to trip us up with all these options. But I reckon C and D are the best bets - a PID is the project's Bible, after all!

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Janet

3 days ago

I agree, C and D seem like the most important uses of a PID.

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Alesia

17 days ago

C and D are key for keeping the project on track and ensuring its success.

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Helga

1 months ago

Definitely, C ensures a solid foundation and D helps in managing progress effectively.

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Carlee

1 months ago

I agree, C and D are essential for a successful project.

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Loreta

2 months ago

Woah, this question is testing my project management knowledge! Let's see, a PID should provide a solid foundation for the project and help with ongoing management. I'll go with C and D.

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Tommy

6 days ago

It's crucial to have a document that can guide the project and help manage any changes or issues that arise.

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Sherron

7 days ago

Definitely, having a solid foundation and ongoing management are key for project success.

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Gail

15 days ago

I agree, C and D seem like the most important uses of a PID.

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Theodora

2 months ago

Ah, a PID is like the instruction manual for a project. It's gotta have all the important details to keep things on track. I'd say B and D are the way to go here.

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Iesha

2 months ago

Hmm, this question is asking about the main uses of a Project Initiation Document (PID). I think I'll go with options C and D - they seem to cover the key purposes of a PID quite well.

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Twana

2 months ago

I also think that the PID helps to establish a solid foundation for the project before making any major commitments. It's crucial for ensuring the project's success.

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Markus

3 months ago

I agree with Alberto. It's important to have a structured approach to the project and a document to refer back to for managing progress and changes.

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Alberto

3 months ago

I think the main uses of a PID are to ensure the project is broken down into work packages and to act as a base document for managing the project.

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