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Project Management Question Bank
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Question:

A floor is one of the office buildings a company owns is now available for rent. It is imperative that the space be rented within one month. The only offer that has been received is from a company that is a competitor. What is the BEST thing to do in this situation?
  1. Offer the space to the customer under a short-term lease agreement
  2. Report the issue to management and inform the customer of their decision
  3. As part of the lease agreement, include a non-competitive agreement
  4. Tell the customer that your company has decided to use the space.






Q2. As the project manager, you are considering tools and techniques to help control changes to the project schedule. Which of the following would be acceptable options?

  1. An online system that routes change requests to the appropriate levels for authorization
  2. A paper form that requires a project stakeholder to submit the request in duplicate to the project manager for approval
  3. A system that allows rapid approval of all submitted changes
  4. An online system that routes changes manually to each required approver followed by impact analysis
Correct Answer

Q3. A project manager has a large team consisting of people from many functional areas of the company. The BEST method to get the team’s cooperation is to use _______ power.

  1. Formal
  2. Penalty
  3. Reward
  4. Referent.
Correct Answer

Q4. Which of the following is a common problem in the Close Project or Phase process?

  1. Retaining resources to complete the project
  2. Completing the quality assurance plan
  3. Obtaining scope verification
  4. Completing a project charter
Correct Answer

Q5. What is the BEST tool/technique that provides expected cost of a procurement by a third party and helps identify significant variations from cost estimates prepared in-house?

  1. Screening system
  2. Bidder conferences
  3. Independent estimates
  4. Buyer-conducted performance review
Correct Answer

Q6. A project team is currently focusing on Monitor Stakeholder Engagement process to reassess the project stakeholders' current engagement levels and to review the current stakeholder engagement strategy. Which of the following is an output of this process?

  1. Project documents updates
  2. Stakeholder engagement assessment matrix
  3. Work performance data
  4. Approved change requests
Correct Answer

Q7. All of the following are part of the Perform Quality Control process EXCEPT:

  1. Pareto chart
  2. Control charts
  3. Inspection
  4. Quality audits.
Correct Answer

Q8. After identifying a risk to your project, you determine that there is a high probability of risk occurring with a low consequence. What mitigation strategy is BEST to adopt?

  1. Eliminate the consequence of the risk.
  2. Avoid the risk
  3. Add the risk to the watch list
  4. Insure against the risk.
Correct Answer

Q9. Which of the following methods of forecasting EAC and ETC is the most accurate?

  1. ETC based on CPI
  2. ETC based on BAC
  3. ETC based on CPI and SPI
  4. ETC based on new estimate
Correct Answer

Q10. You are reviewing a plan which explains how changes to the product will be initiated, how impacts will be analyzed, and how they will be traced, tracked, and reported, as well as the authorization levels required to approve these changes. What document is this?

  1. Monitor and control project work
  2. Requirements management plan
  3. Control configuration
  4. Control change management
Correct Answer








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