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CPP Performance Measurement & Reporting Flashcards

6 cards from real CPP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 CPP Performance Measurement & Reporting flashcards as text

  1. What does a Schedule Performance Index (SPI) value of 0.85 indicate?

    Answer: The project is only accomplishing 85 cents of scheduled work for every dollar of work planned

    An SPI below 1.0 means the project is behind schedule, completing only 85% of the planned work per time unit.

  2. Variance at Completion (VAC) is calculated as:

    Answer: BAC minus EAC

    VAC = BAC − EAC, and a negative VAC means the project is forecast to finish over budget.

  3. A forecast report differs from a status report in that it:

    Answer: Projects future performance based on current trends and assumptions

    Forecast reports use current performance data to predict future costs, timelines, or outcomes, whereas status reports reflect what has already occurred.

  4. Which reporting frequency is most appropriate for a high-visibility project during a critical delivery phase?

    Answer: Weekly or daily

    During critical phases, more frequent reporting ensures stakeholders and management can respond quickly to emerging issues.

  5. A stoplight chart uses color coding to represent project health. Which color typically indicates a significant issue requiring immediate action?

    Answer: Red

    Red in a stoplight chart signals a serious problem that requires immediate attention or escalation.

  6. The To-Complete Performance Index (TCPI) answers which question?

    Answer: What cost efficiency must the project achieve on remaining work to meet the budget?

    TCPI tells the project manager the required cost performance ratio on all remaining work to hit the target budget (BAC or EAC).