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Project Management Question Bank
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Question:

One of the risks your team has discovered is a high probability that the equipment you are developing will not perform under the pressure it needs to in the workplace. In order to handle this risk, you have chosen to prototype the equipment. This is an example of risk:
  1. Mitigation.
  2. Avoidance
  3. Transference.
  4. Acceptance.






Q2. A project manager is creating a risk response plan. However, every time a risk response is suggested another risk is identified that is caused by the response. Which of the following would be the BEST thing for the project manager to do?

  1. Document the new risks and continue the Plan Risk Responses process.
  2. Make sure the project work is better understood.
  3. Get more people involved in the Identify Risks process since risks have been missed.
  4. Spend more time making sure the risk responses are clearly defined.
Correct Answer

Q3. An employee approaches you and asks to tell you something in confidence. He advises you that he has been performing illegal activities within the company for the last year. He is feeling guilty about it and is telling you in order to receive advice as to what he should do. What should you do?

  1. Ask for full details.
  2. Confirm that the activity is really illegal.
  3. Inform your manager of the illegal activity.
  4. Tell the employee to inform his boss.
Correct Answer

Q4. What is the best way to show, at a glance, all the work packages or project activities assigned to a specific organizational department?

  1. Organizational Breakdown Structure
  2. RACI chart
  3. Work Breakdown Structure
  4. Roles and Responsibilities Chart
Correct Answer

Q5. During a walk-through of a work package, you discover that a team member is completing the work differently than stated in the WBS dictionary. How should you deal with this?

  1. Replace the team member
  2. Determine if the alternative way is acceptable to the functional manager
  3. Ask the team member if the changes are necessary
  4. Determine if the changes also change the scope of the work package.
Correct Answer

Q6. Value analysis is performed to get:

  1. More value from the cost analysis.
  2. Management to buy into the project
  3. The team to buy into the project.
  4. A less costly way of doing the same work.
Correct Answer

Q7. Cause-and-Effect diagrams are used to illustrate how various factors might link to potential problems or effects. They are also called:

  1. Taguchi diagrams
  2. Pareto diagrams
  3. Ishikawa diagrams
  4. Process diagrams
Correct Answer

Q8. Which of the following BEST describes when the baseline can be changed?

  1. Only under emergency conditions
  2. The original baseline is always maintained throughout the project
  3. With any approved changes
  4. When the project sponsor determines it is appropriate
Correct Answer

Q9. You are a project manager for a small construction project. Your project was budgeted for US $72,000 over a six week period. As of today, you’ve spent US $22,000 of your budget to complete work that you originally expected would cost US $24,000. According to your schedule, you should have spent US $30,000 by this point. Based on these circumstances, your project could be BEST described as:

  1. Under budget
  2. Over budget
  3. On budget
  4. Not having enough information provided.
Correct Answer

Q10. A cost performance index of 0.89 means:

  1. At this time, we expect the total project to cost 89 percent more than planned
  2. When the project is completed, we will have spent 89 percent more than planned
  3. The project is only progressing at 89 percent of that planned.
  4. The project is only getting 89 cents out of every dollar invested.
Correct Answer










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