CCP CCP IT Project Management & Professional Ethics 2 — Questions and Answers
Question 1: Which type of cost increases in total as project activity level increases?
- Fixed cost
- Sunk cost
- Variable cost (Correct answer)
- Indirect cost
Correct answer: Variable cost
Variable costs scale directly with the volume of work or output, such as hourly labor or material costs.
Question 2: The ACM Code of Ethics requires computing professionals to avoid harm. Which of the following best exemplifies this principle?
- Using open-source software to reduce costs
- Disclosing a known software vulnerability to protect users (Correct answer)
- Choosing the fastest algorithm for performance
- Documenting code thoroughly
Correct answer: Disclosing a known software vulnerability to protect users
Disclosing known vulnerabilities aligns with the ethical obligation to avoid harm by protecting users from preventable security risks.
Question 3: In Earned Value Management (EVM), a Cost Performance Index (CPI) value greater than 1.0 indicates the project is:
- Over budget
- Under budget (cost efficient) (Correct answer)
- On schedule
- Behind schedule
Correct answer: Under budget (cost efficient)
CPI = EV / AC; a CPI > 1.0 means the earned value exceeds actual cost, indicating the project is under budget.
Question 4: Which risk response strategy involves shifting the negative impact of a risk to a third party?
- Avoid
- Accept
- Transfer (Correct answer)
- Mitigate
Correct answer: Transfer
Risk transfer moves the financial or operational consequences of a risk to another party, such as through insurance or outsourcing.
Question 5: Intellectual property law protects software source code primarily through:
- Patent law
- Copyright law (Correct answer)
- Trademark law
- Trade secret law
Correct answer: Copyright law
Software source code is automatically protected by copyright law as a creative work upon its creation.
Question 6: Which project management process group is concerned with tracking, reviewing, and regulating project progress?
- Initiating
- Planning
- Executing
- Monitoring and Controlling (Correct answer)
Correct answer: Monitoring and Controlling
The Monitoring and Controlling process group measures performance against the plan and implements corrective actions.
CCP CCP IT Project Management & Professional Ethics 2
Which type of cost increases in total as project activity level increases?