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NCMA CPCM Exam - Topic 2 Question 111 Discussion

Aside from routine retail transactions, virtually all contracts satisfy which of the following criteria for being a project?
D) All of the above
A) goal oriented
B) coordinated undertaking of related activities
C) finite duration

NCMA CPCM Exam - 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?

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Suggested Answer: D

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

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Aracelis
7 months ago
Wait, all contracts are projects? That seems off.
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Lucille
7 months ago
I think it's just A and C, not B.
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Herman
7 months ago
Totally agree, they all fit the project criteria!
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Karl
7 months ago
Not sure about that, some contracts are super simple.
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Carlee
8 months ago
Definitely all of the above!
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Dannie
8 months ago
I want to say it's D, "All of the above," because they all seem to describe what makes a project, but I hope I’m not missing something!
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Denny
8 months ago
I feel like "coordinated undertaking of related activities" is also crucial, but I can't recall if it was part of the answer in the examples we went over.
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Avery
8 months ago
I remember a practice question that emphasized the goal-oriented aspect. It seems like that might be key here.
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Lisandra
9 months ago
I think all of them are important, but I'm not sure if "finite duration" applies to every contract.
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Leanora
9 months ago
I'm a little confused by this question. Are all contracts considered projects, or just the ones that meet these specific criteria? I want to make sure I understand the distinction before answering.
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Leonard
9 months ago
Okay, let's see. Routine retail transactions are probably not considered projects, since they're more repetitive. But other contracts would likely meet the criteria of being goal-oriented, coordinated, and having a finite duration. I'll go with D.
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Tammara
9 months ago
Hmm, I'm not sure about this one. I know projects have a defined goal and timeline, but I'm not confident about the "coordinated undertaking" part. Let me think this through a bit more.
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Beckie
9 months ago
This question seems straightforward. I think the answer is D, since all the criteria listed are typical characteristics of a project.
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Desmond
1 year 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
1 year ago
D, of course! Contracts are like mini-projects - you sign on the dotted line, and it's game on!
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Gwenn
12 months ago
D, indeed! Contracts encompass all these criteria, making them similar to projects in many ways.
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Lauran
12 months 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
12 months ago
D) All of the above
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Cherrie
1 year ago
C) finite duration
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Bonita
1 year ago
B) coordinated undertaking of related activities
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Irma
1 year ago
A) goal oriented
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Filiberto
1 year ago
Hmm, I'd say C. Finite duration is the key aspect that distinguishes a contract from a routine transaction.
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Allene
11 months ago
D) All of the above
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Dana
12 months ago
C) finite duration
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Moira
12 months ago
B) coordinated undertaking of related activities
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Cherelle
1 year ago
A) goal oriented
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Chantay
1 year ago
D, no doubt. A contract is the quintessential example of a project, ticking all the boxes.
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German
12 months ago
D) All of the above
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Mozell
1 year ago
C) finite duration
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Fletcher
1 year ago
B) coordinated undertaking of related activities
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Jutta
1 year ago
A) goal oriented
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Jill
1 year 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
1 year ago
And don't forget, contracts have a set timeframe in which they need to be completed.
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Thora
1 year ago
Yes, they also involve a series of related activities that need to be coordinated.
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Deandrea
1 year ago
I agree, contracts need to have a clear goal to work towards.
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Leoma
1 year 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
1 year ago
I agree with Gearldine, because projects need to have a goal, be coordinated, and have a finite duration.
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Gearldine
1 year ago
I think the answer is D) All of the above.
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Annita
1 year 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
1 year ago
That's right, D) All of the above covers all the necessary criteria for a project.
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Jill
1 year ago
Yes, a project needs to have a goal, be coordinated, and have a finite duration.
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Roxane
1 year ago
I agree, all of the criteria are important for a project.
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