INVESTMENT PLANNING AND MANAGEMENT PROJECT QUIZ

What are the four phases of the CPIC process?

• Select, Develop, Test, Evaluate

• Plan, Select, Control, Evaluate

• Plan, Execute, Review, Implement

• Design, Analyze, Monitor, Assess

Who should lead the CPIC process?

• Chief Information Officer (CIO)

• Chief Architect

• Chief Financial Officer (CFO)

• Project Manager

What is the purpose of the Executive Steering Committee (ESC)?

• To manage ongoing programs

• To establish strategic goals and governance processes

• To develop project management plans

• To review completed IT projects

What is the role of the Capital Planning Working Group (CPWG) in the CPIC process?

• Developing project management plans

• Chairing the Capital Planning Board

• Maintaining the EA repository

• Providing technical analysis support

Which phase of the CPIC process involves evaluating ongoing development and upgrade projects?

• Evaluation Phase

• Planning Phase

• Selection Phase

• Control Phase

What is the main focus of Earned Value Management (EVM) in project management?

• Tracking planned versus actual cost, schedule, and performance data

• Managing stakeholder relationships

• Implementing new technologies

• Developing risk mitigation strategies

Who should be part of the Capital Planning Board (CPB)?

• Chief Financial Officer (CFO), CIO, program sponsors, and program managers

• Project Sponsors only

• Program Managers only

• Enterprise Architecture Working Group (EA WG) members

What is the purpose of a Post-Implementation Review (PIR) in the CPIC process?

• To select new investments

• To evaluate completed IT projects

• To develop project budgets

• To review ongoing projects

What is the primary responsibility of Project Managers (PMs) ?

• Conducting Post-Implementation Reviews

• Chairing the Capital Planning Board

• Managing scope, costs, schedule, performance, and risk

• Developing strategic goals

How does the CPIC process support EA?

• By planning, selecting, controlling, and evaluating investments in EA components

• By managing stakeholder relationships

• By developing security protocols

• By conducting risk assessments