CPSM CPSM Project Monitoring, Control & Reporting 3

Question 1

What is the first step in the project control cycle?

Accepted Answer

Measure actual performance against the baseline

Answer

The control cycle begins with measuring actual performance, which is then compared to the baseline plan before determining whether corrective actions are needed.

Question 2

Which technique predicts future project cost and completion date based on current earned value performance trends?

Accepted Answer

Earned Value forecasting (EAC/ETC)

Answer

Earned Value forecasting uses EAC (Estimate at Completion) and ETC (Estimate to Complete) to project the final cost and schedule outcome based on current performance indices.

Question 3

After implementing a corrective action, what is the project manager's most important next step?

Accepted Answer

Monitor performance to verify the corrective action was effective

Answer

The control loop is only complete when the corrective action has been verified as effective through continued performance monitoring.

Question 4

What does 'integrated change control' in software project management encompass?

Accepted Answer

Reviewing, approving, and managing changes across all project knowledge areas

Answer

Integrated change control ensures every change is formally reviewed for impact across scope, schedule, cost, and quality before approval, maintaining baseline integrity.

Question 5

A project manager's EVM forecast shows the project will finish 3 weeks late. Which proactive approach best addresses this?

Accepted Answer

Analyze schedule compression options such as crashing or fast-tracking

Answer

Proactive control requires evaluating schedule compression techniques — crashing (adding resources) or fast-tracking (overlapping activities) — to recover the schedule.

(CPSM) Certified Software Project Manager Practice Test

(CPSM) Certified Software Project Manager Practice Test

CPSM CPSM Project Monitoring, Control & Reporting 3