CPSM CSPM Time, Cost & Resource Management 2

Question 1

A project manager finds that the Schedule Performance Index (SPI) is 0.85. What does this indicate?

Accepted Answer

The project is progressing at 85% of the planned rate

Answer

An SPI of 0.85 means the project is only accomplishing 85 cents worth of planned work for every dollar of scheduled work, indicating it is behind schedule.

Question 2

Which resource leveling technique adjusts the project schedule to accommodate resource constraints without changing the project end date when possible?

Accepted Answer

Resource smoothing

Answer

Resource smoothing adjusts activities within their float to balance resource demand without extending the project finish date.

Question 3

In Earned Value Management, what formula calculates the Estimate to Complete (ETC) when current variances are expected to continue?

Accepted Answer

ETC = (BAC – EV) / CPI

Answer

When current CPI variances are expected to persist, ETC = (BAC – EV) / CPI, reflecting the adjusted cost efficiency for remaining work.

Question 4

A project has a Total Float of zero on the critical path. If a critical task is delayed by 3 days, what is the impact on the project finish date?

Accepted Answer

The project finish date is delayed by 3 days

Answer

A delay on a critical path task with zero float directly shifts the project finish date by the same duration.

Question 5

What is the primary purpose of a resource histogram in project management?

Accepted Answer

To display resource usage over time to identify over-allocation

Answer

A resource histogram visually shows resource demand over time, making over-allocation or under-utilization easy to identify.

(CPSM) Certified Software Project Manager Practice Test

(CPSM) Certified Software Project Manager Practice Test

CPSM CSPM Time, Cost & Resource Management 2