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Project Management Question Bank
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Question:

An experienced project manager has just begun working for a large information technology integrator. Her manager provided her with a draft project charter and immediately asks her to provide an analysis of the risks on the project. Which of the following would be the BEST help in this effort?
  1. An article from PM Network Magazine.
  2. Her project scope statement from the project planning process.
  3. Her resource plan from the project planning process.
  4. A conversation with a team member from a similar project that failed in the past.






Q2. Which of the following and is the BEST method of completing “what if” scenarios to determine what combination of resources and interdependence will produce the best schedule?

  1. Critical chain method
  2. Monte Carlo
  3. Parametric estimating
  4. Resource leveling
Correct Answer

Q3. Which type of cost is team training?

  1. Direct
  2. NPV
  3. Indirect
  4. Fixed
Correct Answer

Q4. An experienced project manager was assigned a project of small scope. Which of the following could be true of the project?

  1. Defining Activities, sequencing activities, estimating activity durations, and developing the schedule could be viewed as a single process.
  2. Estimating activity durations may be skipped for the project.
  3. Developing and Controlling the schedule could be viewed as a single process.
  4. Defining Activities, estimating activity durations, developing the schedule, and controlling the schedule could be viewed as a single process.
Correct Answer

Q5. During project executing, a major problem occurs that was not included in the risk register. What should you do FIRST?

  1. Create a workaround
  2. Re-evaluate the Identify Risks process
  3. Look for any unexpected effects of the problem.
  4. Tell management
Correct Answer

Q6. What does a Cost Performance Index (CPI) of more than 1.0 indicate?

  1. The project is over budget.
  2. The project is right on budget.
  3. The project is under budget.
  4. The project is ahead of schedule.
Correct Answer

Q7. Change control tool selection should be based on the needs of the project stakeholders, including organizational and environmental considerations and/or constraints. Which of the following is not a key change management consideration while selecting an appropriate change control tool for a project?

  1. Identifying and selecting a change item
  2. Configuration item verification and audit
  3. Documenting the change into a proper change request
  4. Tracking change requests
Correct Answer

Q8. You have signed a contract with a contractor which states that you will pay for the entire contractor’s legitimate costs, plus a fee based on the subjective evaluation of his performance; this will not be subject to an appeal. What kind of contract is this?

  1. CPIF
  2. CPFF
  3. FPIF
  4. CPAF
Correct Answer

Q9. Which of the following does NOT assess the value a project brings to an organization?

  1. Benefit cost analysis
  2. Net present value
  3. Value analysis
  4. Needs assessment
Correct Answer

Q10. If your project will require redesign after completion of testing, which of the following diagramming techniques would be BEST to use?

  1. GERT
  2. PERT
  3. CPM
  4. ADM
Correct Answer








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