Practice Test Geeks(CPP) Certified Project Professional Practice Test
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Project Initiation & Business Case Development Flashcards

7 cards from real CPP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. Which document formally authorizes a project and grants the project manager authority to apply organizational resources?

    Answer: Project Charter

    The Project Charter is the document that formally authorizes the existence of a project and gives the project manager authority to use organizational resources.

  2. A project manager is asked to evaluate whether a proposed project is worth pursuing. Which tool BEST supports this decision by comparing expected benefits to anticipated costs?

    Answer: Cost-Benefit Analysis

    Cost-Benefit Analysis compares the financial and non-financial benefits of a project against its projected costs to determine if the investment is justified.

  3. During project initiation, a business case is developed. Which of the following is MOST important to include in a comprehensive business case?

    Answer: Justification, expected benefits, and alignment to organizational strategy

    A business case must justify the project investment by articulating the problem or opportunity, expected benefits, and how the project aligns with organizational strategy.

  4. An organization uses Net Present Value (NPV) to select between competing projects. If Project A has an NPV of $450,000 and Project B has an NPV of $320,000, which should be selected and why?

    Answer: Project A, because higher NPV indicates greater value creation

    A higher NPV indicates a project is expected to generate more value in today's dollars, making Project A the better financial choice.

  5. Which type of feasibility study focuses on whether the organization has the technical expertise, equipment, and infrastructure to deliver the proposed project?

    Answer: Technical feasibility

    Technical feasibility assesses whether the organization possesses or can acquire the technology, skills, and infrastructure needed to complete the project successfully.

  6. A needs assessment is conducted before project initiation. What is the PRIMARY purpose of a needs assessment?

    Answer: To identify and validate the underlying problem or opportunity the project will address

    A needs assessment identifies the root cause of a business problem or opportunity, ensuring the project addresses the right issue before resources are committed.

  7. During project initiation, high-level risks and assumptions are documented. What is the MAIN reason assumptions are captured in the initiation phase?

    Answer: To identify factors that could affect project viability if they prove false

    Assumptions captured during initiation represent conditions believed to be true; if they prove false, they can significantly impact project scope, cost, or feasibility.