PMI-SP Monitoring, Controlling & Reporting Schedules 5

Question 1

A scheduler is asked to forecast the project's completion date using the current SPI. Which formula applies?

Accepted Answer

Forecast Duration = Planned Duration / SPI

Answer

Dividing planned duration by current SPI extrapolates the expected total duration based on the current schedule efficiency rate.

Question 2

A project manager wants to determine whether recently observed schedule variances are systematic or random. Which statistical technique is MOST useful?

Accepted Answer

Control Charts

Answer

Control charts plot performance data over time and use control limits to distinguish systematic (assignable) variation from random (common cause) variation.

Question 3

During a schedule review, a stakeholder insists that a variance of +2 days on a non-critical activity with 15 days of total float requires immediate escalation. How should the PMI-SP respond?

Accepted Answer

Explain that the activity still has 13 days of remaining float and does not yet threaten the critical path

Answer

With 13 days of remaining float, the activity has adequate buffer and escalation is premature; the PMI-SP should educate the stakeholder on float.

Question 4

Which component of the Project Management Information System (PMIS) is MOST critical for real-time schedule monitoring?

Accepted Answer

Scheduling software with live progress update capabilities

Answer

Scheduling software (e.g., Primavera, MS Project) with real-time update features allows the team to immediately see the impact of progress updates on the schedule.

Question 5

A schedule report shows that 80% of activities on the critical path have SPI < 0.85. What type of corrective action warrants consideration FIRST?

Accepted Answer

Fast-tracking or crashing critical path activities to recover lost time

Answer

When critical path performance is significantly below plan, schedule compression techniques like fast-tracking or crashing are the primary recovery levers.

(PMI-SP) PMI Scheduling Professional Practice Test

(PMI-SP) PMI Scheduling Professional Practice Test

PMI-SP Monitoring, Controlling & Reporting Schedules 5