Task 4 Manage Project Artifacts (stakeholder Engagement Plan, Budget, Schedule, Issues Log, Procurement Plan, Scope, Etc.) CSPP Practice Questions (Page 5)

Questions 21–25

1. 21foundation · easy

   A project has a fixed completion date. The project manager discovers that a non-critical task can be delayed without affecting the overall project timeline. What is this scheduling flexibility called?

   • ACrashing
   • BFloat
   • CFast tracking
   • DDependency
   Reveal Solution Discussion Select an answer first
2. 22expert · hard

   A project has a critical path of 20 weeks. The sponsor requires completion in 18 weeks. The project manager has two options: crash an activity by adding $10,000 to reduce the schedule by 2 weeks, or fast track two sequential activities to overlap by 2 weeks, which introduces a 20% risk of rework. The budget has a $15,000 contingency reserve. What is the most appropriate decision?

   • AFast track the activities, accepting the rework risk
   • BEvaluate the impact of rework and decide between crashing and fast tracking based on risk tolerance
   • CAsk the sponsor to extend the deadline by 2 weeks
   • DCrash the activity, using $10,000 from the contingency reserve
   Reveal Solution Discussion Select an answer first
4. 23expert · hard

   A project has identified a risk that a key supplier may go out of business. The risk register includes a mitigation strategy to identify an alternative supplier. However, the alternative supplier charges 20% more. The project budget has no contingency reserve. What should the project manager do?

   • AAccept the risk and document that no mitigation will be taken
   • BRemove the risk from the register because the mitigation is too expensive
   • CTransfer the risk to the supplier by adding a penalty clause
   • DIdentify cost-saving measures elsewhere to fund the alternative supplier
   Reveal Solution Discussion Select an answer first
5. 24application · medium

   A project has a budget of $100,000. The cost estimate is $95,000, but a risk assessment identified a potential $10,000 overrun due to material price volatility. The sponsor wants to avoid a budget increase. What should the project manager do?

   • AIdentify cost-saving measures and add a contingency reserve within the budget
   • BReduce the cost estimate by $5,000 to stay within budget
   • CRemove the risk from the risk register to avoid the overrun
   • DAdd a $10,000 contingency reserve to the budget
   Reveal Solution Discussion Select an answer first
6. 25application · medium

   A software upgrade project has three critical path activities: coding (10 days), testing (5 days), and deployment (2 days). Testing cannot start until coding is complete, and deployment cannot start until testing is complete. The sponsor needs the project finished 3 days earlier. Which action would most likely achieve the target without adding risk?

   • AMove testing to a non-critical path
   • BAdd more developers to coding to reduce it by 3 days
   • COverlap testing with coding by starting test planning early
   • DRemove the deployment activity from the schedule
   Reveal Solution Discussion Select an answer first