← All CPL Flashcard Decks

Performance Management & Metrics Flashcards

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

Read the first 7 Performance Management & Metrics flashcards as text
  1. A program leader is designing a Balanced Scorecard for their program. Which four perspectives does the classic Balanced Scorecard framework include?

    Answer: Financial, Customer, Internal Processes, Learning & Growth

    Kaplan and Norton's Balanced Scorecard framework uses Financial, Customer, Internal Process, and Learning & Growth perspectives to provide a holistic performance view.

  2. Which metric would be MOST useful for tracking whether program benefits are being realized post-delivery?

    Answer: Benefits Realization Rate

    Benefits Realization Rate measures the extent to which expected program benefits have actually been achieved after delivery, which is the core of post-delivery performance tracking.

  3. A program leader discovers that two component projects are reporting the same metrics in conflicting ways. The BEST corrective action is to:

    Answer: Establish a standardized metrics reporting framework across all components

    Standardizing reporting frameworks ensures consistency, comparability, and accuracy of performance data across all program components.

  4. What is the primary purpose of a performance baseline in program management?

    Answer: To provide a reference point for measuring actual program performance

    A performance baseline (scope, schedule, cost) provides the approved reference against which actual program performance is compared and variances identified.

  5. A program's CPI is 0.85. Using Estimate at Completion (EAC) = BAC/CPI, if the Budget at Completion is $2,000,000, what is the forecasted total cost?

    Answer: $2,352,941

    EAC = BAC / CPI = $2,000,000 / 0.85 ≈ $2,352,941, indicating the program will cost more than originally budgeted.

  6. In performance reporting, 'traffic light' (Red/Amber/Green) status indicators are most useful because they:

    Answer: Provide an immediate, intuitive overview of program health to stakeholders

    RAG (Red/Amber/Green) status indicators give stakeholders a fast, visual summary of performance, enabling quick identification of areas needing attention.

  7. Which statement BEST describes the difference between efficiency and effectiveness in program performance?

    Answer: Efficiency measures resource use relative to output; effectiveness measures whether goals are achieved

    Efficiency relates to doing things right (output per input), while effectiveness relates to doing the right things (achieving intended goals).