CPM Monitoring & Controlling Processes

Question 1

What is the main objective of project monitoring?

Accepted Answer

Track progress and performance

Answer

Increase project scope

Answer

Ignore changes

Answer

Plan execution activities

Question 2

What is Earned Value Management (EVM) used for?

Accepted Answer

Assess schedule and cost performance

Answer

Estimate employee hours

Answer

Calculate change requests

Answer

Manage risk

Question 3

What tool compares actual progress with planned progress?

Accepted Answer

Variance analysis

Answer

Trend analysis

Answer

Root cause analysis

Answer

Force field analysis

Question 4

What is a key component of integrated change control?

Accepted Answer

Change approval and documentation

Answer

Skipping documentation

Answer

Ignoring stakeholder input

Answer

Managing invoices

Question 5

What is the purpose of performance reporting?

Accepted Answer

Communicate project status

Answer

Assign project tasks

Answer

Ensure legal compliance

Answer

Reduce quality checks

Question 6

What is the purpose of a control chart?

Accepted Answer

Plot data over time for trends

Answer

Display team hierarchy

Answer

Compare budgets

Answer

Evaluate stakeholder influence

Question 7

What does a schedule baseline provide?

Accepted Answer

Approved project timeline

Answer

List of available resources

Answer

Risk management data

Answer

Quality metrics

Question 8

Why are corrective actions necessary?

Accepted Answer

To realign project progress

Answer

To prevent future projects

Answer

To fire underperforming staff

Answer

To close procurement contracts

Question 9

What metric helps forecast future project performance?

Accepted Answer

Estimate at Completion (EAC)

Answer

Planned Value (PV)

Answer

Schedule Variance (SV)

Answer

Earned Value (EV)