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

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-E02-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Twana

20 days 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.

upvoted 0 times

...

Markus

21 days 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.

upvoted 0 times

...

Alberto

26 days 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.

upvoted 0 times

...