CPSM CSPM Quality, Risk & Procurement Management 3

Question 1

A project team uses statistical process control (SPC) to monitor software defect rates. When should corrective action be triggered?

Accepted Answer

When data points fall outside the control limits

Answer

In SPC, data points outside control limits signal a process that is out of statistical control and requires investigation and corrective action.

Question 2

What is the primary difference between qualitative and quantitative risk analysis?

Accepted Answer

Qualitative prioritizes risks subjectively; quantitative models probability numerically

Answer

Qualitative analysis ranks risks using descriptive scales (high/medium/low), while quantitative analysis uses statistical techniques to numerically model risk probability and impact.

Question 3

In a Cost-Plus-Fixed-Fee (CPFF) contract, the buyer's cost risk is considered:

Accepted Answer

High, because the buyer reimburses all allowable costs plus a fixed fee

Answer

Under CPFF, the buyer pays all allowable project costs plus a predetermined fixed fee, so cost overruns are borne entirely by the buyer.

Question 4

Which quality philosophy emphasizes preventing defects rather than inspecting for them after the fact?

Accepted Answer

Zero Defects / Prevention over inspection

Answer

Prevention over inspection is a core quality principle that focuses on building quality into processes to stop defects from occurring rather than finding them later.

Question 5

A project manager identifies a technical risk that cannot be avoided. The team implements extra testing to reduce its likelihood. This is an example of which risk response?

Accepted Answer

Mitigate

Answer

Mitigation reduces the probability or impact of a risk event, and implementing additional testing directly lowers the chance of technical failure.

(CPSM) Certified Software Project Manager Practice Test

(CPSM) Certified Software Project Manager Practice Test

CPSM CSPM Quality, Risk & Procurement Management 3