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.

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  1. Which type of project cost is directly tied to the amount of work performed, such as hourly labor costs?

    Answer: Variable costs

    Variable costs change in proportion to the work performed, such as labor charged by the hour.

  2. A project manager wants to shorten the schedule by adding resources to critical path tasks. This technique is called:

    Answer: Crashing

    Crashing adds resources (people, equipment, overtime) to critical path tasks to shorten duration, typically at increased cost.

  3. What term describes the costs already spent on a project that cannot be recovered regardless of future decisions?

    Answer: Sunk costs

    Sunk costs are past expenditures that are irrelevant to future decision-making because they cannot be recovered.

  4. A Responsibility Assignment Matrix (RAM) maps project roles to work packages. What does a RACI chart specifically track?

    Answer: Responsible, Accountable, Consulted, Informed for each task

    A RACI chart clarifies who is Responsible, Accountable, Consulted, and Informed for each project task or deliverable.

  5. What is the primary difference between 'free float' and 'total float' in schedule management?

    Answer: Free float is the delay allowed before impacting a successor; total float is the delay allowed before impacting the project end

    Free float is how long a task can be delayed without delaying its immediate successor, while total float is how long it can be delayed without delaying the project end date.

  6. A project manager calculates a To-Complete Performance Index (TCPI) greater than 1.2. What does this suggest?

    Answer: The required future cost efficiency is unrealistically high, indicating the budget may need revision

    A TCPI above 1.2 means remaining work must be completed at a significantly higher efficiency than historical performance, signaling the need to revisit the budget.

  7. Which scheduling method determines the longest path through the project network to identify the minimum project duration?

    Answer: Critical Path Method (CPM)

    The Critical Path Method (CPM) identifies the longest sequence of dependent activities, which determines the shortest possible project completion time.