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Project Management Question Bank
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Question:

You are managing a project with a budget of 500,000 USD, and 250,000 USD has been spent. Upon review, you observe that only 40% of the work has been completed. Your schedule says that you should have completed 50% of the work. What is the schedule performance index (SPI)?
  1. 1.25
  2. 0.8
  3. 1
  4. 1.5






Q2. Based on the chart, how is the project doing?

  1. You are in the trouble because there are three activities with no float
  2. You have a lot of flexibility because you have activities with float
  3. You do not have enough information to make a decision
  4. Everything is fine because you have an even number of activities with and without float.
Correct Answer

Q3. You are managing a two-year project involving staff from several departments. The project is on schedule and within budget. A key team member leaves for a four-week vacation without completing a highly technical and specialized activity assigned to him (activity A). The project team cannot begin activity B or active E (a critical path activity) until activity A is completed. Activity A has three days float and is not on the critical path. A team member, a vendor, and a non-team member work overtime to complete activity A within its float time. You need to reimburse the nonteam member’s department and pay the vendor at an overtime rate. What action should you take?

  1. Send a complaint letter to the key team member’s boss, and ask him to fund the extra cost expended.
  2. Re-evaluate your communications management plan
  3. Thank the others for filing in, but tell them not to waste time on noncritical path activities
  4. Pay the cost out of your project reserves 5
Correct Answer

Q4. Assuming that the ends of a range of estimates are +/- 3 sigma from the mean, which of the following range estimates involves the LEAST risk?

  1. 30 days, plus or minus five days
  2. 22 – 30 days
  3. Optimistic = 26 days, most likely = 30 days, pessimistic = 33 days
  4. Mean of 28 days.
Correct Answer

Q5. During construction of a new manufacturing facility in another country, one of your team members complains to you that the wage paid to the workers is below the acceptable wage in your home country. In this situation it is BEST to:

  1. Pay the workers at the new facility the same wage as your country.
  2. Pay the workers at the new facility a little less than the acceptable wage in your country
  3. Pay the workers an appropriate wage for the country within which they work
  4. Ignore the issue as you have not heard the workers complain
Correct Answer

Q6. A project manager’s scope management efforts are being audited. The cost performance index (CPI) on the project is 1.13, and the benefit cost ratio (BCR) is 1.2. The project scope was created by the team and stakeholders. Requirements on the project have been changing throughout the project. No matter what the project manager has tried to accomplish in managing the project, which of the following is he MOST likely to face in the future?

  1. Having to cut costs on the project and increase benefits.
  2. Making sure the customer approved the project scope
  3. Not being able to measure completion of the product of the project.
  4. Having to add resources to the project.
Correct Answer

Q7. As the project manager, you are about to start the define scope process. You have the project charter and the organizational process assets list. Because there are no change requests in your project at this point, what must you have before you begin?

  1. Product analysis
  2. Requirements documentation
  3. Updates to project documents
  4. WBS
Correct Answer

Q8. Your company is undergoing a change in ownership and the new owners are looking at the total cost of a new product. Which of the following would BEST provide that information?

  1. Estimate at completion
  2. Life cycle cost
  3. Earned value
  4. Net present value
Correct Answer

Q9. You are working in Lab-X, a laboratory experimental project to research the effect of a virus on human male bodies. This project needs local government approval for carrying out tests on living people. However, the local authorities informed you were informed it would take at least three weeks to obtain authorization for such approval because of the documents involved in the review and approval process. You consider this a risk to the project and would like to send the paperwork in advance to reduce the approval time to one week. Which of the following describes the risk response techniques being employed in this scenario?

  1. Risk mitigation
  2. Risk transfer
  3. Risk accept
  4. Risk avoid
Correct Answer

Q10. You have been given a project to develop some gaming software for the client. You have developed many similar games in the past and possess the knowledge and skills that are needed to build the game. You have recruited your team and many of them are new, however all of them respect you a lot. What kind of power are you showing here?

  1. Coercive power
  2. Positional power
  3. Expert power
  4. Referent power
Correct Answer










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