CSPM Security Project Execution & Monitoring 5

Question 1

A security project manager uses Estimate at Completion (EAC) to forecast final project cost. If the CPI is 0.90 and Budget at Completion (BAC) is $500,000, what is the EAC (assuming current performance continues)?

Accepted Answer

$555,556

Answer

EAC = BAC ÷ CPI = $500,000 ÷ 0.90 = $555,556, meaning the project is forecast to overrun budget if current cost efficiency continues.

Question 2

Which communication artifact is MOST appropriate for providing an executive summary of security project health to senior leadership?

Accepted Answer

Dashboard with traffic-light status indicators

Answer

Executive dashboards use traffic-light (RAG) indicators to convey overall project health concisely, allowing senior leaders to quickly identify areas needing attention.

Question 3

During the execution phase, which activity BEST demonstrates integrated change control in a security project?

Accepted Answer

Assessing the impact of a change on all project constraints before approval

Answer

Integrated change control requires assessing how a proposed change affects scope, schedule, cost, quality, risk, and resources holistically before the CCB approves or rejects it.

Question 4

A security project has a To-Complete Performance Index (TCPI) of 1.25. What does this mean for the project team?

Accepted Answer

The team must be 25% more efficient than originally planned for the rest of the project

Answer

A TCPI of 1.25 means the team must achieve 125% efficiency on remaining work to meet the original budget, indicating significant cost recovery challenge.

Question 5

Which monitoring control ensures that security project lessons are captured continuously rather than only at closure?

Accepted Answer

Retrospectives or lessons learned sessions held at milestone intervals

Answer

Conducting retrospectives or lessons learned sessions at milestone intervals captures insights while they are fresh and allows the team to apply improvements during the current project.

(CSPM) Certified Security Project Manager Practice Test

(CSPM) Certified Security Project Manager Practice Test

CSPM Security Project Execution & Monitoring 5