IRGST

Home Question Bank Online Exams Job Interview Q&A Job Description How To Quotes and Sayings Articles Jobs In Mirrors Personality Types About Contact Us Sign in/up

Project Management Question Bank
for Exam preparation

Select Knowledge area

Question:

You have a choice of four ongoing projects that you can take over as project manager. Project 1 has a benefit cost ratio (BCR) of 1.4, is a high priority project and has a critical path length of 16 months. Its cost performance index (CPI) is 1.2. Project 2 has a schedule performance index (SPI) of 1.1, is using three critical resources, has a low priority, and has a BCR of 1.1. Project 3 has a CPI of 1.2, an SPI of 0.89, a BCR of 1.6, and a critical path length of 19 months. Project 4 has a CPI of 0.82, an activity with 33 days of float, a hard-to-get resource assigned to activity L, and a priority of keeping cost low. Based on the above, which project would you prefer to take over?
  1. Project 1
  2. Project 2
  3. Project 3
  4. Project 4






Q2. You are in the middle of executing a major modification to an existing product when you learn that the resources promised at the beginning of the project are not available. The BEST thing to do is to:

  1. Show how the resources were originally promised to your project.
  2. Replan the project withour the resources.
  3. Explain the impact if the promised resources are not made available.
  4. Crash the project.
Correct Answer

Q3. A project needed to monitor the technical performance of the project and capture data related to how many errors or defects had been identified and how many remained uncorrected. Which of the following techniques should the project use?

  1. Scatter diagram
  2. Flowchart
  3. Histogram
  4. Control chart
Correct Answer

Q4. A control chart helps the project manager:

  1. Focus on the most critical issues to improve quality
  2. Focus on stimulating thinking
  3. Explore a desired future outcome
  4. Determine if a process is functioning within set limits.
Correct Answer

Q5. A decision tree is a Perform Quantitative Risk Analysis technique. A decision tree is represented by a Decision Tree Diagram. The decision tree describes a situation under consideration, the implications of each of the available choices, and the possible scenarios. A Decision Tree Diagram shows how to make a decision among alternative capital strategies known as:

  1. Alternative nodes
  2. Question points
  3. Decision nodes
  4. Checkpoints
Correct Answer

Q6. What is the process of random selection and inspection of a work product?

  1. Control Charting
  2. Flow Charting
  3. Statistical Sampling
  4. Benchmarking
Correct Answer

Q7. A large, complex construction project in a foreign country requires coordination to move the required equipment through crowded city streets. To ensure the equipment is transported successfully, your contact in that country informs you that you will have to pay the local police a fee for coordinating traffic. What should you do?

  1. Do not pay the fee because it is a bribe
  2. Eliminate the work
  3. Pay the fee
  4. Do not pay the fee if it is not part of the project estimate
Correct Answer

Q8. Which of the following is a type of leadership style in which leaders are hands-off and allow group members to make the decisions:

  1. Transactional
  2. Servant leader
  3. Transformational
  4. Laissez-faire
Correct Answer

Q9. A first-time project manager is advised by an experienced project manager to plan for cost of quality. The first-time project manager is not sure which costs are included in the cost of quality. What would your advice be?

  1. Cost of quality only includes cost of nonconformance.
  2. Cost of quality includes cost of conformance and cost of nonconformance.
  3. Cost of quality only includes prevention costs and internal failure costs.
  4. Cost of quality only includes cost of conformance.
Correct Answer

Q10. A project has suffered many delays and the project manager has moved resources around, spent more time with risk management, and even fast tracked the project where possible. The project must be completed by its original agreed-to date, as resources are needed for another project at that time. The project manager is about to meet with the customer to tell them that product scope needs to be cut when you stop him. What would you advise him to do?

  1. Cut quality before cutting scope
  2. Move resources from a noncritical path to a critical path
  3. Work overtime
  4. Re-evaluate the project’s business case.
Correct Answer










User Agreement| |Privacy Policy