Financial CITP Exam
Certified Information Technology Professional (CITP) (Page 6 )

Updated On: 30-Jan-2026

Contract terms and conditions normally do not include the following:

  1. An organizational chart of the customer's IT department
  2. A unctfional fi nidteion of the work to be performed
  3. Supplier staffi ng and specifi ed qualifi cations
  4. Methods of providing progress reports

Answer(s): A



What is not an advantage of purchasing off -the-shelf solutions?

  1. Shorter implementation time
  2. Ability to use the company's existing IT infrastructure
  3. Use of proven technology
  4. Easier to define costs

Answer(s): B



Which of the following is not a process risk?

  1. Processes are explicitly defi ned, managed, measured, controlled, and eff ective.
  2. Lack of strategic direction.
  3. Lack of project management standards.
  4. Negative organizational climate.

Answer(s): A



When selecting a supplier package, organizations should consider all of the following Except:

  1. Stability of the supplier company
  2. Supplier's ability to provide support
  3. Required modifi cations to the base software
  4. Sales and marketing literature

Answer(s): D



Key tasks during a project management review are:

  1. Check project management tools for proper usage
  2. Assess readiness for implementation
  3. Maintain independence to remain objective
  4. All of the above

Answer(s): D



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