NCMA Exam CPCM Topic 2 Question 111 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 111
Topic #: 2

[All CPCM Questions]

Aside from routine retail transactions, virtually all contracts satisfy which of the following criteria for being a project?

Agoal oriented

Bcoordinated undertaking of related activities

Cfinite duration

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Shawna at May 02, 2025, 09:37 PM

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Desmond

27 days ago

D all the way. Contracts are the legal equivalent of a 'choose your own adventure' book, but with higher stakes.

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Kenneth

28 days ago

D, of course! Contracts are like mini-projects - you sign on the dotted line, and it's game on!

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Lauran

21 hours ago

Exactly! Contracts have specific goals, involve related activities, and have a set duration. It's like a mini project!

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Leigha

5 days ago

D) All of the above

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Cherrie

10 days ago

C) finite duration

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Bonita

13 days ago

B) coordinated undertaking of related activities

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Irma

15 days ago

A) goal oriented

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Filiberto

30 days ago

Hmm, I'd say C. Finite duration is the key aspect that distinguishes a contract from a routine transaction.

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Dana

4 days ago

C) finite duration

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Moira

5 days ago

B) coordinated undertaking of related activities

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Cherelle

10 days ago

A) goal oriented

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Chantay

1 months ago

D, no doubt. A contract is the quintessential example of a project, ticking all the boxes.

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German

5 days ago

D) All of the above

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Mozell

20 days ago

C) finite duration

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Fletcher

26 days ago

B) coordinated undertaking of related activities

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Jutta

30 days ago

A) goal oriented

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Jill

2 months ago

Definitely D. Contracts are inherently goal-oriented, coordinated, and have a finite duration. Anything less wouldn't be a proper contract.

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Lourdes

22 days ago

And don't forget, contracts have a set timeframe in which they need to be completed.

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Thora

1 months ago

Yes, they also involve a series of related activities that need to be coordinated.

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Deandrea

1 months ago

I agree, contracts need to have a clear goal to work towards.

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Leoma

2 months ago

I'm not sure, but I think it makes sense that projects should have all those criteria to be considered as such.

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Rene

2 months ago

I agree with Gearldine, because projects need to have a goal, be coordinated, and have a finite duration.

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Gearldine

2 months ago

I think the answer is D) All of the above.

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Annita

3 months ago

I think the answer is D. All of the above criteria are essential for a contract to be considered a project.

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Santos

2 months ago

That's right, D) All of the above covers all the necessary criteria for a project.

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Jill

2 months ago

Yes, a project needs to have a goal, be coordinated, and have a finite duration.

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Roxane

2 months ago

I agree, all of the criteria are important for a project.

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