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Project Management Question Bank
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Question:

In your project you identified a risk; there is a chance you may lose a critical employee. You have identified an employee from another project to bring into your project if your team member leaves you. However, this employee is known for his bad behavior and creating trouble for other employees. In a monthly risk review, a stakeholder asks you what your strategy will be if this new team member creates a problem for you. You assured him that you are aware of it and you also have a plan for it. What kind of risk is the stakeholder discussing with you?
  1. Residual risk
  2. Secondary risk
  3. Uncertainty
  4. Primary risk






Q2. For the last three months, a customer has been from two to four days late with her approvals on deliverables. After analyzing the situation, the project manager decides withdrawal is the best conflict resolution technique to use. Which of the following reflects withdrawal?

  1. Inform the customer that late approvals are not a problem, but ask him or her to try to get them in on time in the future.
  2. Meet with the customer to determine a new due date for approvals.
  3. Postpone a decision
  4. Call the customer and demand that you receive the approvals today.
Correct Answer

Q3. Which of the following is not an appropriate method for dealing with a negative risk?

  1. Avoid
  2. Exploit
  3. Transfer
  4. Mitigate
Correct Answer

Q4. A data point on a control chart that requires investigation is called:

  1. A special cause
  2. Gold plated
  3. A rule of seven
  4. A specification limit
Correct Answer

Q5. Kelly is part of a project management office (PMO). Her office is responsible for the centralized and coordinated management of 18 projects. Each project has its own project manager. Which of the following will not typically be a responsibility of her PMO?

  1. Coaching, mentoring, training, and oversight
  2. Development of a detailed description of each project and the product it produces
  3. Managing shared resources across all the projects administered by the PMO
  4. Developing and managing project policies
Correct Answer

Q6. You are currently managing an urban development project for a municipal authority. You and your team are managing the project and have outsourced most of the project work to specialist contractors. All the contracts awarded were FFP contracts. The project is almost 50 percent complete, and most of the contractors have requested amendments to their contacts. Work specifications were not clear at the time of contract awards, and as a result, new work requirements have come up. What is your lesson learned?

  1. Never award FFP contracts in the future since they usually result in disputes and contests
  2. Cost-plus contracts are ideal types of contracts for construction projects
  3. Do not award FFP contracts unless the scope of work and specifications are precisely articulated.
  4. Good and credible contractors were not selected for the project at the time of award
Correct Answer

Q7. Statistical sampling involves choosing part of a population for inspection. Appropriate sampling can often ___________the cost of quality control.

  1. Neutralize
  2. Reduce
  3. Increase
  4. Mitigate
Correct Answer

Q8. A tool that provides a visual representation of human resource allocation to a project, number of working hours, and availability on the project is a:

  1. Resource Histogram
  2. Staff release plan
  3. Resource Breakdown Structure (RBS)
  4. Organization Breakdown Structure (OBS)
Correct Answer

Q9. Which of the following BEST describes a risk response owner?

  1. The person who identified the risk
  2. The department or company that is the source of the risk and most knowledgeable on the risk
  3. The department or company that will be most affected by the risk
  4. The person who will be responsible for implementing the risk response strategy.
Correct Answer

Q10. The WBS, estimates for each work packages, and the network diagram are completed. Which of the following would be the NEXT thing for the project manager to do?

  1. Sequence the activities
  2. Verify that they have the correct scope
  3. Create a preliminary schedule and get the team’s approval
  4. Complete risk management
Correct Answer








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