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Project Management Question Bank
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Question:

You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the budget EXCEPT?
  1. Fixed costs
  2. Sunk costs
  3. Direct costs
  4. Variable costs






Q2. A project manager is starting work on a complex project. There will be people from two different countries involved. The project sponsor is from a third country, and the work is being done on an expedited schedule in your country with 14 electrical engineers, 4 architects and their staffs, 3 mechanical engineers, and 2 maintenance experts. What should the project manager do to make sure all the work in this project is identified?

  1. Create a clear management plan, and put it in writing.
  2. Create a WBS with input from all parties involved.
  3. Identify the laws of each country involved.
  4. Create a scope control system.
Correct Answer

Q3. A process that states how formal validation and acceptance of the completed project deliverables will be achieved is documented in the:

  1. Scope Management plan
  2. Procurement Management plan
  3. Risk Management plan
  4. Communications Management plan
Correct Answer

Q4. During the Define Activities process, a team member begins to discuss activities that the project manager has never heard discussed. What should the project manager do?

  1. Make sure he has a good understanding of the activities and include the activities in the activity list.
  2. Ask the team member to explain why such activity would be needed to complete the work package
  3. Make sure the entire team agrees that the activities should be done
  4. Evaluate the impact of the change.
Correct Answer

Q5. If you are managing changes to the project's cost baseline, which process are you using?

  1. Negotiate Costs
  2. Estimate Costs
  3. Control Costs
  4. Determine Budget
Correct Answer

Q6. A project manager and team from a firm that designs railroad equipment are tasked to design a machine to load stone onto railroad cars. The design allows for two percent spillage, amounting to over two tons of spilled rock per day. In which of the following does the project manager document quality control, quality assurance, and quality improvements for this project?

  1. Quality management plan
  2. Quality policy
  3. Control charts
  4. Project management plan
Correct Answer

Q7. At the end of a project, a project manager determines that the project has added four areas of functionality and three areas of performance. The customer has expressed satisfaction with the project. What does this mean in terms of success of the project?

  1. The project was an unqualified success.
  2. The project was unsuccessful because it was gold plated.
  3. The project was unsuccessful because the customer being happy means they would have paid more for the work.
  4. The project was successful because the team had a chance to learn new areas of functionality and the customer was satisfied.
Correct Answer

Q8. Theory X postulates that people:

  1. Are motivated by pay
  2. Have expectations
  3. Need to be watched every second
  4. Can direct their own efforts.
Correct Answer

Q9. The Earned Value Management methodology can be used to:

  1. Forecast future performance based on current performance
  2. Calculate the number of days left in the project
  3. Calculate the value provided to the customer
  4. Calculate the profitability of the project
Correct Answer

Q10. Change control tool selection should be based on the needs of the project stakeholders, including organizational and environmental considerations and/or constraints. Which of the following is not a key change management consideration while selecting an appropriate change control tool for a project?

  1. Identifying and selecting a change item
  2. Configuration item verification and audit
  3. Documenting the change into a proper change request
  4. Tracking change requests
Correct Answer










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