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Project Management Question Bank
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Question:

During the review of a control chart, you observe that the limit for one deliverable is below the lower control limit but above the specification limit. What will your next step be?
  1. As it is within the specification limits, no action will be taken
  2. You will take corrective action
  3. You will replace the product
  4. You will adjust the control limits






Q2. During which of the following project processes do key stakeholders engage with the project for the first time?

  1. Develop Project Charter
  2. Identify Stakeholders
  3. Collect Requirements
  4. Plan Stakeholder Engagement
Correct Answer

Q3. You are a project manager for a new product development project that has four levels in the work breakdown structure. The network diagram has been created, the duration estimates have been compressed, and a schedule has been developed. What schedule management activity should you do NEXT?

  1. Control Schedule
  2. Estimate Activity Resources
  3. Analogously estimate the schedule
  4. Gain approval
Correct Answer

Q4. Which of the following can NOT be used to measure business value?

  1. Customer satisfaction
  2. Revenue growth
  3. Market share
  4. Expected monetary value
Correct Answer

Q5. What is the duration of a milestone?

  1. Shorter than the duration of the longest activity
  2. Shorter than the activity it represents
  3. There is no duration
  4. Same length as the activity it represents
Correct Answer

Q6. Which of the following is not an interpersonal skill that the project manager will use to manage stakeholders' expectations?

  1. Active listening
  2. Overcoming resistance to change
  3. Punishment
  4. Building trust
Correct Answer

Q7. You are the project manager of a project. As part of the planning process, you use a planning technique to subdivide the project scope and deliverables into smaller, more manageable components. What is this technique called?

  1. Unit task analysis
  2. Decomposition
  3. Rolling wave planning
  4. Arrow Diagramming Method
Correct Answer

Q8. You have been appointed manager of a project to convert multiple electronic mail systems at a major financial institution to a single platform. Your company’s approach was not the client’s first choice, and your firm was able to be the lowest cost alternative by using funds provided to your company for a different purpose. After the project is underway, the client specifies a new approach that has never been used before. When the project is approaching the originally scheduled end date, it becomes clear that the technological approach will have to be significantly altered. Although the client has been apprized of development throughout the project through regular status reports, and the project management plan has been followed, the client demands that the project be continued without any increase in cost until all of the client’s requirements are met. Your firm feels hat it has no choice but to comply with the client’s demands, although this will result in a substantial loss on the project. What was the MOST important thing that should have been done to avoid this situation?

  1. Better identification of risks and development of risk mitigation strategies
  2. Clearer project scope statement
  3. Enhanced communications management plan
  4. Formal client acceptance of the project management plan.
Correct Answer

Q9. A project was estimated to cost $200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. However, this was made up by shipping the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At the end of the second month, the Project Manager reviews the project and finds that the project is 20% complete and Actual Costs are $50,000. The Estimate to Complete (ETC) for the project would now be:

  1. $160,000
  2. $210,000
  3. $250,000
  4. $200,000
Correct Answer

Q10. Various tools and techniques determine project requirements during the Collect Requirements process. These requirements form the basis for defining the project scope. One of the responsibilities of a project manager is to identify key project deliverables during this exercise. Where are the key project deliverables documented?

  1. Scope Management Plan
  2. Requirements Management Plan
  3. Project Scope Statement
  4. Accepted Deliverables
Correct Answer










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