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Project Management Question Bank
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Question:

You are managing a complex software development project for an external customer. You are using the waterfall approach to manage the project in line with the contractual requirements. However, you are not comfortable with this approach. You believe that customers don't really know what they want upfront; rather, what they want emerges out of repeated two-way interactions over the course of the project. In your current situation, the waterfall approach has its emphasis on upfront requirements capture and design, followed by product development and finally the system testing. The customer will only be involved during the requirements gathering and system testing stages and will be completely out of touch during the development activities. Which of the following can help you mitigate the risk created by the waterfall approach:
  1. Adopt an iterative life cycle.
  2. Divide the project into multiple phases and organize phase gates.
  3. Adopt an incremental life cycle.
  4. Adopt a hybrid life cycle.






Q2. All of the following are needed to create the WBS EXCEPT:

  1. Organizational process assets
  2. Quality measurements
  3. Requirements documentations
  4. Project scope statement 01
Correct Answer

Q3. 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

Q4. Another project manager in your company is having difficulty managing his project. You have found that he has not used a project charter and that is probably the cause of the problem. How can you help?

  1. Provide him with a copy of an article about project charters
  2. Work with his boss to get him a mentor
  3. Develop a draft project charter for his use.
  4. Talk to him about his project and offer help in creating a project charter.
Correct Answer

Q5. All of the following are parts of effective problem solving EXCEPT:

  1. Waiting to make decisions
  2. Reviewing the decision
  3. Confirming that the decision solved the problem
  4. Analyzing the problem.
Correct Answer

Q6. The communication model helps you communicate information to stakeholders smoothly. Which of the following is not a basic step in the communication model?

  1. Encode
  2. Transmit message
  3. Remove noise
  4. Decode message
Correct Answer

Q7. The authorized time phased budget which you use to monitor and control the cost of the project is known as:

  1. Funding limit reconciliation
  2. EAC
  3. Cost baseline
  4. Schedule baseline
Correct Answer

Q8. Which of the following includes all of the relationships represented on an activity-on-node diagram?

  1. Finish-to-start
  2. Finish-to-finish
  3. Finish-to-start, start-to-finish, finish-to-finish, start-to-start
  4. Start-to-start, start-to-finish 36
Correct Answer

Q9. The highest point of Maslow’s hierarchy of needs is called:

  1. Physiological satisfaction
  2. Attainment of survival
  3. Need for association
  4. Esteem.
Correct Answer

Q10. You are sitting in a group discussion with 13 stakeholders and collecting ideas. Now you are in the final stage and are selecting the final idea. As there are many ideas, you decide to vote. After voting you see that a particular idea receives 7 votes, so you go with that option. What kind of decision making is this?

  1. Unanimity
  2. Majority
  3. Plurality
  4. Dictatorship
Correct Answer








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