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Project Management Question Bank
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Question:

A project manager has just finished the risk response plan for a US $387,000 engineering project. Which of the following should he probably do NEXT?
  1. Determine the overall risk rating of the project
  2. Begin to analyze the risks that show up in the project drawings
  3. Add work packages to the project work breakdown structure
  4. Hold a project risk assessment 06






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. Which of the following is an output of the Create WBS process?

  1. Scope baseline
  2. Project scope statement
  3. Decomposition
  4. Requirements documentation
Correct Answer

Q4. All of the following are examples of Perform Quality Control EXCEPT:

  1. Inspection
  2. Cost of quality
  3. Pareto chart
  4. Fishbone diagram
Correct Answer

Q5. 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

Q6. A project manager is working on his first project with outside sellers. He is familiar with project change control systems but not contract change control systems. In explaining how a contract change control system differs from a project change control system, it is BEST to point out that a contract change control system:

  1. Includes procedures
  2. Includes trend analysis
  3. Requires more sign-offs
  4. Requires less documentation.
Correct Answer

Q7. A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labour hours per installation from past projects to predict the future. This is an example of which of the following?

  1. Parametric estimating
  2. Three-point estimating
  3. Analogous estimating
  4. Monte Carlo analysis 48
Correct Answer

Q8. You are managing a project with part-time resources in a weak matrix organization. Several of the team members attend team meetings and have not completed their activity assignments as scheduled. AT your next team meting, the MOST important agenda item would be:

  1. To review the work breakdown structure.
  2. Team building.
  3. To review project schedule and assignments.
  4. To define the impact of the delays.
Correct Answer

Q9. Robert is managing a construction project. The project's client is responsible for the design, while Robert’s organization is responsible for the construction. There has been a 45-day delay on a couple of major structure designs. This delay can only be recovered through crashing and will cost $2 million in addition to the approved budget. Robert prepares a detailed report and emails it to the client. In this scenario, Robert’s email to the client is an example of:

  1. Informal unofficial communication
  2. Formal unofficial communication
  3. Informal official communication
  4. Formal official communication
Correct Answer

Q10. You have decided to terminate a contract because you no longer need the work from the seller. What is the BEST way to communicate this to the seller?

  1. Call the seller immediately.
  2. Send the seller a notification by e-mail.
  3. Send the seller a stop work order by overnight mail.
  4. Hold an immediate meeting with the seller.
Correct Answer










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