Certified Professional Public Buyer (CPPB) Practice Test

What does schedule risk primarily focus on?

1. Cost control

2. Ensuring timely delivery

3. Quality assurance

4. Supplier negotiation

The correct answer is: Ensuring timely delivery

Schedule risk primarily focuses on ensuring timely delivery in project management and procurement contexts. This aspect of risk involves assessing potential delays that could affect the completion of a project or the delivery of goods and services. Effective management of schedule risk is essential because delays can lead to increased costs, missed deadlines, and a negative impact on stakeholder satisfaction. By prioritizing timely delivery, organizations can implement strategies to mitigate factors that may cause disruptions in the schedule, such as supply chain interruptions, unexpected changes in demand, or resource availability. This proactive approach is vital for maintaining project timelines and ensuring that all components of a project arrive when needed, thereby supporting the overall success of the initiative. While cost control, quality assurance, and supplier negotiation are also important elements in project management and procurement, they do not primarily address the specific concerns surrounding schedule risks. These practices may have indirect effects on timely delivery but do not focus explicitly on ensuring deadlines are met.