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Project Management Question Bank
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Question:

The project manager is allocating overall cost estimates to individual activities to establish a baseline for measuring project performance. What process is this?
  1. Cost Management
  2. Estimate Costs
  3. Determine Budget
  4. Control Costs






Q2. Which of the following is an important input to the Validate Scope process?

  1. Validated deliverables
  2. Organizational process assets
  3. Accepted deliverables
  4. Change requests
Correct Answer

Q3. There are two activities on your schedule: 1) Install server in lab, and 2) Move server into the data center. However, the second task cannot start until the server has run in the lab for five days without failure. This is an example of what?

  1. Fast Track
  2. Lead
  3. Crashing
  4. Lag
Correct Answer

Q4. If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do?

  1. Perform a Monte Carlo analysis
  2. Fast track the project
  3. Perform resource leveling
  4. Analyze the life cycle costs
Correct Answer

Q5. What is the duration of the near-critical path based on the chart?

  1. 33
  2. 44
  3. 31
  4. 43
Correct Answer

Q6. Probabilistic analysis o the project and probability of achieving the project cost are completed during:

  1. Identify Risks
  2. Perform Qualitative Risk Analysis
  3. Perform Quantitative Risk Analysis
  4. Plan Risk Responses.
Correct Answer

Q7. Some project managers take communication lightly while managing a project. However, a good project manager must take communication very seriously and must be an effective and efficient communicator. Which of the following is not a fundamental attribute of effective communication?

  1. Clarity on the purpose
  2. Understanding receiver's communications requirements
  3. Relying on verbal communications
  4. Monitoring communications
Correct Answer

Q8. There are a number of risks that have been identified in your project. The team has decided not to change the project plan to deal with the risks, but they have established a contingency reserve of money in the event something triggers these risks. This is an example of what type of risk mitigation technique?

  1. Contingent Response Strategy
  2. Active acceptance
  3. Passive acceptance
  4. Avoidance
Correct Answer

Q9. A customer has given you a procurement of work for a complex, eightmonth project that has a few unknowns. The customer has asked you to just “get it done” and only wants to see you at the end of eight months when you deliver the finished project. Under these circumstances, which of the following is the BEST thing to do?

  1. Complete the project as requested, but verify its scope with the customer occasionally throughout.
  2. Complete the project within eight months without contacting the customer during this time.
  3. Ask management to check in with the customer occasionally.
  4. Complete the project, but document that the customer did not want contact.
Correct Answer

Q10. The customer requests a change to the project that would increase the project risk. Which of the following should you do before all the others?

  1. Include the expected monetary value of the risk in the new cost estimate
  2. Talk to the customer about the impact of the change
  3. Analyze the impacts of the change with the team
  4. Change the risk management plan
Correct Answer










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