Practice Test Geeks(CPSM) Certified Software Project Manager Practice Test
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CSPM Time, Cost & Resource Management Flashcards

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

Read the first 7 CSPM Time, Cost & Resource Management flashcards as text

  1. A project manager finds that the Schedule Performance Index (SPI) is 0.85. What does this indicate?

    Answer: The project is progressing at 85% of the planned rate

    An SPI of 0.85 means the project is only accomplishing 85 cents worth of planned work for every dollar of scheduled work, indicating it is behind schedule.

  2. Which resource leveling technique adjusts the project schedule to accommodate resource constraints without changing the project end date when possible?

    Answer: Resource smoothing

    Resource smoothing adjusts activities within their float to balance resource demand without extending the project finish date.

  3. In Earned Value Management, what formula calculates the Estimate to Complete (ETC) when current variances are expected to continue?

    Answer: ETC = (BAC – EV) / CPI

    When current CPI variances are expected to persist, ETC = (BAC – EV) / CPI, reflecting the adjusted cost efficiency for remaining work.

  4. A project has a Total Float of zero on the critical path. If a critical task is delayed by 3 days, what is the impact on the project finish date?

    Answer: The project finish date is delayed by 3 days

    A delay on a critical path task with zero float directly shifts the project finish date by the same duration.

  5. What is the primary purpose of a resource histogram in project management?

    Answer: To display resource usage over time to identify over-allocation

    A resource histogram visually shows resource demand over time, making over-allocation or under-utilization easy to identify.

  6. A project manager is using three-point estimating with optimistic = 4 days, pessimistic = 16 days, and most likely = 7 days. What is the PERT estimate?

    Answer: 8 days

    PERT = (O + 4M + P) / 6 = (4 + 28 + 16) / 6 = 48 / 6 = 8 days.

  7. Which cost estimation technique relies on statistical relationships between historical data and project variables?

    Answer: Parametric estimating

    Parametric estimating uses statistical models derived from historical data to calculate cost or duration based on project parameters.