cpqset.exe is a process belonging to the Hewlett Packard Configuration Module, which is bundled with Hewlett Packard laptops. It allows for configuration of multimedia devices.
This program is a non-essential process, but should not be terminated unless suspected to be causing problems.
Non-system processes like cpqset.exe originate from software you installed on your system. Since most applications store data in your system's registry, it is likely that over time your registry suffers fragmentation and accumulates invalid entries which can affect your PC's performance. It is recommended that you check your registry to identify slowdown issues