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Project Management Question Bank
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Question:

The Cost Management Plan is an output of the Plan Cost Management process. This plan is then integrated with other project plans in which of these processes?
  1. Develop Project Management Plan
  2. Monitor and Control Project Work
  3. Perform Integrated Change Control
  4. Direct and Manage Project Work






Q2. During the status review with your stakeholders, one of the stakeholders told you that they were not asked for their opinion, and now they need a change in the product characteristics. This change may lead to a change in your cost and schedule baseline. Which of the following processes could have helped you prevent this issue?

  1. Collect requirements
  2. Control scope
  3. Identify risks
  4. Scope creep
Correct Answer

Q3. The Close Project process includes all of the following EXCEPT:

  1. Analysis of project success
  2. Ensuring that records include final specifications
  3. Creating a project risk management plan
  4. A collection of project records
Correct Answer

Q4. ________ refers to non-random data points that are grouped together on one side of the mean of a control chart.

  1. Specification limits
  2. Lower control limit
  3. Rule of seven
  4. 6 sigma
Correct Answer

Q5. An issue has arisen which forces you to schedule a meeting with your stakeholders. A project team member tells you that one of your influential stakeholders may not come to the meeting because of a personal issue. You choose not to take any action because you think that you will manage without the presence of this stakeholder. What kind of risk response strategy are you using here?

  1. Accept
  2. Avoid
  3. Neglect
  4. Mitigate
Correct Answer

Q6. You recently took over a project as the project manager. This is your first project management assignment. The project sponsor is very supportive and is helping you out in successfully managing the project. Recently, some bad quality deliverables were received on the project, and the project sponsor suggested that you to periodically review the vendor’s progress to deliver project scope and quality, within cost and on schedule, as compared to the contract. Which of the following statements is true in this context?

  1. The sponsor has asked you to carry out regular trend analysis.
  2. The sponsor has asked you something that is not a good project management practice.
  3. The sponsor has asked you to carry out regular procurement performance reviews.
  4. The sponsor is giving you a bigger workload so that you can perform better on the next assignment.
Correct Answer

Q7. Due to a tight project schedule, a project manager did not document lessons learned throughout the project cycle. However, at the end of the project, he finally documented the lessons learned. Your comment on this is:

  1. This is not OK. Lessons learned must be documented throughout the project as well as at the end of the project.
  2. This is OK. Lessons learned should be documented at the end of the project.
  3. This is not OK. Lessons learned need to be documented throughout the project and must not be done at the project’s end.
  4. This is correct. Lessons learned are intended to be documented only at the project’s end.
Correct Answer

Q8. A project manager gathered data to perform earned value calculations on his project. He used the results to report to management that the project is under budget and on schedule. After reporting this information, he discovered that the base figures he used in the calculations were incorrect, as they came from an old copy o the project line which had not been updated. What should he do now?

  1. He should contact management to make them aware of the error, give the correct information, and explain how he made the mistake
  2. He should contact management and tell them to expect some changes in the next reporting period, and that things are starting to look gloomy
  3. He should use the correct figures to calculate the information when it is time for the next report and ignore the fact the he reported incorrect information.
  4. He should tell management that the data he received from team members was incorrect and thus the report was not accurate.
Correct Answer

Q9. You are busy with an important milestone, and after that, you have to deliver a deliverable to the client. Since the client is known for his difficult behavior, management is worried whether the client will accept the deliverable. Therefore, they tell you to check the product acceptance criteria again before calling the client. What document will you look at to get this information?

  1. WBS
  2. WBS dictionary
  3. Project scope statement
  4. RACI matrix
Correct Answer

Q10. The plan–do–check–act cycle is defined and modified by Shewhart & Deming. It is a four–step model for carrying out change and improving processes. In these four stages, which stage involves the evaluation of improvement?

  1. Do
  2. Check
  3. Plan
  4. Act
Correct Answer










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