CSPM Quality, Risk & Procurement Management Flashcards
7 cards from real CPSM practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 CSPM Quality, Risk & Procurement Management flashcards as text
A software project manager discovers that defect density is increasing in later sprint deliveries. Which quality metric should be tracked to identify the root cause?
Answer: Defect escape rate by phase
Defect escape rate by phase shows where defects are introduced versus where they are found, pinpointing which phase is causing the increase.
In risk management, what is the purpose of a risk register?
Answer: To document identified risks, their probability, impact, and response plans
A risk register is a living document that captures all identified risks along with their likelihood, potential impact, and planned responses.
A procurement manager is evaluating vendors for a critical software component. Which evaluation approach best mitigates selection bias?
Answer: Using a weighted scoring model based on predefined criteria
A weighted scoring model applies objective, predefined criteria consistently across all vendors, reducing the influence of personal bias.
Which risk response strategy is appropriate when a risk has low probability but catastrophic potential impact?
Answer: Transfer
Transferring catastrophic risks (e.g., through insurance or contracts) protects the organization from devastating consequences even when the likelihood is low.
What does a quality audit in software project management primarily accomplish?
Answer: Verifies that quality processes are being followed correctly
A quality audit independently reviews whether quality management processes and standards are being properly implemented on the project.
A fixed-price contract shifts the majority of financial risk to which party?
Answer: The seller/vendor
In a fixed-price contract, the seller absorbs cost overruns because the buyer pays only the agreed amount regardless of actual costs.
Which tool is used to visualize the cumulative cost and schedule variance of a project over time?
Answer: S-curve
An S-curve plots planned versus actual expenditure and progress over time, revealing cumulative cost and schedule variances.