CPHIMS CPHIMS Project Management Questions and Answers 2 — Questions and Answers
Question 1: The critical path in a project schedule is BEST defined as:
- The sequence of tasks with the most budget allocated
- The longest duration path of dependent tasks that determines project end date (Correct answer)
- The list of highest-risk activities in the project
- Tasks assigned to the most senior team members
Correct answer: The longest duration path of dependent tasks that determines project end date
The critical path is the longest sequence of dependent tasks; any delay on these tasks directly delays the overall project completion date.
Question 2: Which risk response strategy involves transferring the financial impact of a risk to a third party?
- Avoidance
- Mitigation
- Transfer (Correct answer)
- Acceptance
Correct answer: Transfer
Risk transfer shifts the financial consequence of a risk to another party, commonly through insurance or contractual provisions with vendors.
Question 3: Earned Value Management (EVM) uses which metrics to measure project performance?
- Planned Value, Earned Value, and Actual Cost (Correct answer)
- Budget, Schedule, and Quality baselines
- Return on Investment, Net Present Value, and Payback Period
- Scope, Time, and Cost variances only
Correct answer: Planned Value, Earned Value, and Actual Cost
EVM integrates Planned Value (PV), Earned Value (EV), and Actual Cost (AC) to objectively measure schedule and cost performance.
Question 4: A lessons-learned document should be completed:
- Only when the project fails to meet its objectives
- At project closure to capture knowledge for future projects (Correct answer)
- Before the project kickoff meeting
- Only by the project sponsor
Correct answer: At project closure to capture knowledge for future projects
Lessons learned are formally documented at project closure to preserve knowledge that improves future healthcare IT implementations.
Question 5: Which procurement document is used to solicit proposals from vendors for a hospital's new health information system?
- Statement of Work (SOW)
- Request for Proposal (RFP) (Correct answer)
- Non-Disclosure Agreement (NDA)
- Service Level Agreement (SLA)
Correct answer: Request for Proposal (RFP)
An RFP invites vendors to submit detailed proposals describing their solutions, pricing, and qualifications for a defined healthcare IT need.
Question 6: Stakeholder engagement planning in a healthcare IT project PRIMARILY aims to:
- Minimize the number of people involved in the project
- Identify stakeholder interests and develop strategies to maintain appropriate involvement (Correct answer)
- Ensure only clinical staff are consulted during design
- Delegate all communication to the vendor
Correct answer: Identify stakeholder interests and develop strategies to maintain appropriate involvement
Stakeholder engagement planning identifies each stakeholder's needs and interests to develop targeted communication and involvement strategies throughout the project.
CPHIMS CPHIMS Project Management Questions and Answers 2
The critical path in a project schedule is BEST defined as: