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Project Management Question Bank
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Question:

Anne is a project manager. She has evaluated certain responses from prospective sellers and wants to select a contract model that will transfer risk to the seller. Which of the following should she select in order to achieve this?
  1. Time and Material contract
  2. Cost-Plus-Fixed-Fee contract
  3. Cost-Plus-Incentive-Fee contract
  4. Fixed-price contract






Q2. Two team members come to you with a dispute. Since you are very busy, you briefly listen to one member, agree with him, and support his view. What kind of problem-solving technique is this?

  1. Withdraw
  2. Compromise
  3. Force
  4. Problem Solving
Correct Answer

Q3. All of the following are part of the Perform Quality Control process EXCEPT:

  1. Pareto chart
  2. Control charts
  3. Inspection
  4. Quality audits.
Correct Answer

Q4. During project executing, a team member comes to the project manager because he is not sure of what work he needs to accomplish on the project. Which of the following documents contain detailed descriptions of work packages?

  1. WBS dictionary
  2. Activity list
  3. Project scope statement
  4. Project scope management plan
Correct Answer

Q5. Large organizations typically manage a wide range of projects; from small projects to large initiatives requiring long-term commitments. Which of the following factors can be used in scaling such projects:

  1. Team size, geographical distribution, regulatory compliance, organizational complexity, technical complexity, and funds availability.
  2. Team size, geographical distribution, regulatory compliance and organizational complexity.
  3. Team size, geographical distribution and regulatory compliance.
  4. Team size, geographical distribution, regulatory compliance, organizational complexity and technical complexity.
Correct Answer

Q6. You have identified a risk that your work might be affected due to an equipment malfunction. Which of the following risk response strategies will you use to contain this risk?

  1. Exploit
  2. Enhance
  3. Mitigate
  4. None of the above
Correct Answer

Q7. Mary is managing an organizational transformation project. The nature of the project would require responding to high levels of change and would also require continuous stakeholder engagement. Which of the project lifecycles should be chosen for this project?

  1. Predictive life cycle
  2. Plan-driven life cycle
  3. Waterfall life cycle
  4. Adaptive life cycle
Correct Answer

Q8. You are finalizing the monthly project status report due now to your manager when you discover that several project team members are not reporting actual hours spent on project activities. This results in skewed project statistics. What is the MOST appropriate action to be taken?

  1. Discuss the impacts of these actions with team members.
  2. Report the team members’ actions t their functional managers.
  3. Continue reporting information as presented to you.
  4. Provider accurate and truthful representations in all project reports.
Correct Answer

Q9. An important part of performing stakeholder analysis is documenting quantifiable expectations. Which of the following expectations is quantifiable?

  1. The project must improve customer satisfaction
  2. The project should be higher quality
  3. The project must yield a 15% reduction in part cost
  4. All stakeholders’ needs must be satisfied
Correct Answer

Q10. While evaluating the bar chart, the project manager determines that the project is behind schedule. What should she do?

  1. Obtain approval from the customer to slip the project.
  2. Report findings to management
  3. Evaluate the alternatives with the team
  4. Evaluate the alternatives with the customer
Correct Answer










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