Practice Test Geeks(CPS) Certified Process Specialist Practice Test
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Risk & Performance Flashcards

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

Read the first 7 Risk & Performance flashcards as text

  1. A Six Sigma process has a Cpk of 2.0. This indicates the process is:

    Answer: Highly capable with significant margin from specification limits

    A Cpk of 2.0 means the process mean is 6 sigma away from the nearest specification limit, indicating exceptional capability.

  2. During a process risk workshop, a participant suggests that a particular risk should be monitored but no action taken at this time. Which risk response category does this represent?

    Answer: Accept

    Choosing to monitor without taking action is risk acceptance — the organization acknowledges the risk and consciously decides to bear it.

  3. The primary purpose of a process performance review meeting is to:

    Answer: Compare actual results to targets and drive corrective actions

    Performance reviews exist to close the gap between actual and target performance by analyzing variances and deciding on corrective actions.

  4. A risk register should be reviewed and updated:

    Answer: Continuously throughout the process lifecycle as risks evolve

    Risk registers must be living documents, updated as new risks emerge, existing risks change, and mitigation actions are completed.

  5. Which analysis technique uses a branching diagram to trace all possible pathways from a top-level undesired event back to its root causes?

    Answer: Fault Tree Analysis (FTA)

    Fault Tree Analysis starts with a top-level failure and works backward through logical branches to identify all combinations of root causes.

  6. Cost of Poor Quality (COPQ) includes which of the following categories?

    Answer: Internal failure, external failure, appraisal, and prevention costs

    COPQ encompasses all four PAF categories: prevention, appraisal, internal failure, and external failure costs.

  7. A process manager wants to demonstrate improvement after a Lean project. Which comparison is MOST meaningful for quantifying the performance gain?

    Answer: Pre-project cycle time and cost versus post-project cycle time and cost for the same metric

    Meaningful improvement measurement requires comparing the same metric (e.g., cycle time) before and after the intervention under comparable conditions.