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Project Management Question Bank
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Question:

You are a project manager for Groceries ’R’ Us, a supermarket chain, and are currently working on a project to build a new outlet. The planned values (PV) for the foundation and the frame were $150,000 and $500,000. After five months, you do a performance measurement analysis. You are currently not ahead of schedule. The actual costs for the foundation and frame were $175,000 and $650,000. At this point, 100 percent of the foundation is complete, and only 80 percent of the frame is complete. Which value represents the cost performance index (CPI) to two decimal places at this point in the project?
  1. 0.84
  2. 1.5
  3. 0.67
  4. 1.19






Q2. The project is being completed faster than planned. Which of the following would NOT account for why this has occurred?

  1. Trend analysis was used to eliminate the need for some testing
  2. A pre-made item was purchased instead of the team creating it.
  3. A critical path and a noncritical path activity were fast tracked.
  4. A critical path activity was compressed
Correct Answer

Q3. If a project manager is using observation and conversation to help control the project, she must be involved in which process?

  1. Develop Project team
  2. Distribute information
  3. Manage Stakeholder Expectations
  4. Manage Project team.
Correct Answer

Q4. You are developing a product for your client. During the development of the product, the client has indicated that he needs some changes in the product, so you process his request. How do you manage changes in product specification?

  1. Change management
  2. Integration management
  3. Product management
  4. Configuration management
Correct Answer

Q5. During project executing, the project manager is spending a lot of time solving problems that arise. It would be BETTER for the project manager to transfer his efforts to:

  1. Having the team solve the problems, thus freeing his time to hold more meetings
  2. Executing the project management plan and making sure the quality management plan is viable.
  3. Identifying additional risks and following the risk management process
  4. Performing sensitivity analysis on past problems and transferring them to other projects.
Correct Answer

Q6. A project is in the middle of the executing processes when a stakeholder suggests a major new change. This change will cause the third major overhaul of the project. At the same time, the project manager discovers that a major work package was not completed because a team member’s boss moved him to another project that had a higher priority. Which of the following is the BEST person for the project manager to address these issues with?

  1. The team
  2. Senior management
  3. The customer
  4. The sponsor.
Correct Answer

Q7. The plan–do–check–act cycle is defined and modified by Shewhart & Deming. It is a four–step model for carrying out change and improving processes. In these four stages, which stage involves the evaluation of improvement?

  1. Do
  2. Check
  3. Plan
  4. Act
Correct Answer

Q8. Which of the following represents information presented in its order of priority and helps focus on the MOST difficult issues?

  1. A flowchart
  2. A fishbone diagram
  3. A control chart
  4. A Pareto chart
Correct Answer

Q9. You have been given a multi-year project to build a refinery. This is a very large and complex project, and you now need to estimate the cost for this project. What basic assumption will you need to make while estimating the cost for this project?

  1. If you get the project budget in phases
  2. You will be given all costs and resources at the beginning of the project
  3. Whether the estimate will be limited to direct costs or if it will include the indirect costs as well
  4. If the project schedule is fixed or based on events
Correct Answer

Q10. Your customer requested that the new railroad cars you are building for his company be constructed from heavy grade aluminium. After reviewing the requirements, two of your experts inform you that the customer would be better off with steel cars. You meet with the customer to discuss the issue, and he directs you to go ahead with the aluminium cars. What should you do?

  1. Meet with the customer again to ensure that he understands the expert opinions about using steel instead of aluminium
  2. Find a way to cut other costs, and upgrade the cars to steel.
  3. Provide aluminium cars that meet the customer’s requirements.
  4. Meet with your experts to find another proposal for the customer.
Correct Answer










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