CPT Project Planning & Execution 3

Question 1

A performance improvement project is running 15% over budget at the midpoint. Which metric from earned value management best describes this situation?

Accepted Answer

Cost Performance Index (CPI) below 1.0

Answer

A CPI below 1.0 means the project is getting less value per dollar spent than planned, indicating a cost overrun.

Question 2

Which stakeholder analysis tool maps individuals based on their level of interest AND power relative to the project?

Accepted Answer

Power-interest grid

Answer

A power-interest grid categorizes stakeholders into quadrants to guide appropriate engagement strategies for each group.

Question 3

A CPT is leading a cross-functional team with members from IT, HR, and Operations. Which leadership approach is MOST effective when team members have deep domain expertise?

Accepted Answer

Collaborative leadership that leverages expert input while maintaining direction

Answer

Collaborative leadership respects domain expertise while the project manager maintains overall direction and accountability.

Question 4

In the context of CPT project execution, what is the purpose of a lessons learned session?

Accepted Answer

To document what worked and what did not for use in future projects

Answer

Lessons learned sessions capture knowledge from the current project to improve planning and execution of future projects.

Question 5

A performance technologist identifies a risk that could delay delivery by 3 weeks. The team decides to develop an alternate vendor relationship as a backup. This risk response strategy is called:

Accepted Answer

Risk mitigation

Answer

Developing an alternate vendor reduces the probability or impact of the risk, which is the definition of risk mitigation.

(CPT) Certified Performance Technologist Practice Test

(CPT) Certified Performance Technologist Practice Test

CPT Project Planning & Execution 3