CPM Monitoring & Controlling Processes 5

Question 1

Which process involves tracking team member performance, providing feedback, resolving issues, and managing changes to optimize project performance?

Accepted Answer

Control Resources

Answer

Control Resources monitors planned versus actual use of physical resources and takes corrective action as needed to optimize resource performance.

Question 2

A project manager is preparing a status report and needs to show the difference between earned value and actual cost. Which metric should be used?

Accepted Answer

Cost Variance (CV)

Answer

Cost Variance (CV) = EV - AC, which directly shows whether the project is over or under budget for the work accomplished.

Question 3

During a project audit, the auditor finds that change requests are being approved verbally without documentation. This is a violation of which process?

Accepted Answer

Perform Integrated Change Control

Answer

Perform Integrated Change Control requires all change requests to be formally documented, evaluated, and approved or denied in writing to maintain the integrity of project records.

Question 4

A project manager uses a fishbone (Ishikawa) diagram during quality monitoring. What is its PRIMARY purpose?

Accepted Answer

Identifying root causes of quality problems

Answer

The fishbone diagram is a cause-and-effect tool used to identify and organize potential root causes of a quality problem or defect.

Question 5

What is the key difference between a project baseline and a project forecast?

Accepted Answer

Baselines represent the approved original plan; forecasts reflect expected future performance

Answer

A baseline is the formally approved version of the project plan against which performance is measured; a forecast is a current estimate of future performance based on actual data.

(CPM) Certified Project Manager Practice Test

(CPM) Certified Project Manager Practice Test

CPM Monitoring & Controlling Processes 5