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

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?
A) To ensure that the project is broken down into work packages and a Work Breakdown Structure be produced. and B) To produce a risk assessment of both internal and external risks that are likely to effect the project, and alternative actions to reduce the risks.
C) To ensure that the project has a complete sound basis before any major commitment to the project.
D) To act as a base document against which the project can be managed for progress, change management issues, and ongoing viability issues.

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

Actual exam question for CIMA's CIMAPRA19-E02-1 exam
Question #: 68
Topic #: 7
[All CIMAPRA19-E02-1 Questions]

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?

Show Suggested Answer Hide Answer
Suggested Answer: A, B

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

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Aja
8 months ago
It definitely acts as a base document for tracking progress.
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Regenia
9 months ago
Wait, can a PID really cover everything before starting?
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Marya
9 months ago
I thought it was mainly for risk assessments?
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Lawana
9 months ago
Totally agree, it's essential for project management!
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Salome
9 months ago
A PID helps clarify project scope and objectives.
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An
9 months ago
I thought the PID was mostly about planning and structure, so I’m leaning towards A and C, but I’m not confident about A being a main use.
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Stephanie
9 months ago
I practiced a similar question about project documentation, and I feel like both C and D are important, but I can't recall if risk assessment is part of the PID.
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Annice
9 months ago
I'm not entirely sure, but I think option D sounds right too, as it helps in managing progress and changes throughout the project.
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Lettie
10 months ago
I remember that the PID is crucial for defining the project's scope and objectives, so I think option C might be one of the main uses.
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Lynsey
10 months ago
Hmm, this is a tricky one. I'll need to think carefully about the implications of quantifying the risk in this way.
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Johanna
10 months ago
Hmm, this seems like a tricky one. I remember seeing REGEX and DEST_KEY in the transforms.conf documentation, but I can't recall the other required attributes off the top of my head. I'll need to review my notes carefully.
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Malissa
1 year 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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Evette
1 year ago
Absolutely, it's all about setting the project up for success from the beginning.
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Virgilio
1 year ago
That's true, a PID really sets the tone for the entire project.
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Bette
1 year ago
Definitely, having a solid foundation can prevent a lot of issues down the line.
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Rosio
1 year ago
I agree, starting off on the right foot is crucial for any project.
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Cordie
1 year 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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Cyndy
1 year ago
It's all about setting the project up for success from the start.
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Aretha
1 year ago
Definitely, having a solid foundation and a document to manage progress are crucial.
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Janet
1 year ago
I agree, C and D seem like the most important uses of a PID.
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Alesia
1 year ago
C and D are key for keeping the project on track and ensuring its success.
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Helga
1 year ago
Definitely, C ensures a solid foundation and D helps in managing progress effectively.
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Carlee
1 year ago
I agree, C and D are essential for a successful project.
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Loreta
1 year 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
1 year 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
1 year ago
Definitely, having a solid foundation and ongoing management are key for project success.
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Gail
1 year ago
I agree, C and D seem like the most important uses of a PID.
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Theodora
1 year 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
1 year 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
1 year 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
1 year 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
1 year 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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