Practice Test Geeks(CPE) Certified Planning Engineer Practice Test
← All CPE Flashcard Decks

CPE Performance Measurement & Reporting Flashcards

6 cards from real CPE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 CPE Performance Measurement & Reporting flashcards as text

  1. In schedule performance reporting, a Milestone Trend Analysis (MTA) chart plots:

    Answer: The forecast finish date of key milestones over successive reporting periods

    MTA charts show how the predicted completion date for each milestone changes over time, making schedule trends visually apparent.

  2. A project reports SPI = 0.92 and CPI = 0.88. The MOST likely management response is:

    Answer: Investigate root causes of both schedule and cost underperformance and implement a corrective action plan

    Both indices below 1.0 signal simultaneous schedule delay and cost overrun, requiring a formal investigation and recovery plan.

  3. Which technique enables a Planning Engineer to forecast the probability of completing within the authorized budget?

    Answer: Monte Carlo simulation applied to the cost-loaded schedule

    Monte Carlo simulation models cost and schedule uncertainties probabilistically, producing a completion cost distribution with associated confidence levels.

  4. A negative Schedule Variance (SV) at project midpoint should trigger:

    Answer: Analysis of critical-path impacts and development of a recovery schedule if the delay is not recoverable through float

    Negative SV indicates the project is behind planned work; the first step is to determine whether available float absorbs the variance or a recovery plan is needed.

  5. Control Account Plans (CAPs) in an EVM system serve to:

    Answer: Define the scope, schedule, and budget at a control account level to enable integrated performance measurement

    CAPs integrate scope, time, and cost at a manageable work package level, forming the building blocks of the Performance Measurement Baseline.

  6. The most reliable indicator that a project's EVM system is functioning correctly is:

    Answer: Consistent, auditable linkage between physical progress measured in the field and the EV claimed in reports

    EVM validity depends on EV being grounded in verifiable physical progress, ensuring that reported performance reflects reality rather than optimistic estimates.