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Project Management Question Bank
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Question:

If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value for the project is:
  1. $100,000 profit
  2. $60,000
  3. $20,000 profit
  4. $40,000 loss






Q2. Which of the following CANNOT be used as a tool in the Perform Quality Control process?

  1. Pareto chart
  2. Sampling
  3. Work breakdown structure
  4. Life cycle costing
Correct Answer

Q3. Julia is currently assessing her project stakeholders’ engagement levels. During this exercise, she finds she also needs to document an escalation process, which will come in handy in the future. Where does she need to document the project’s escalation process?

  1. Communications management plan
  2. Stakeholder engagement plan
  3. Either the stakeholder engagement plan or the communications management plan
  4. Both the stakeholder engagement plan and the communications management plan
Correct Answer

Q4. The preparation of the scope baseline can BEST be described as involving:

  1. The functional managers
  2. The project team
  3. All the stakeholders
  4. The project expediter.
Correct Answer

Q5. You are responsible for IT maintenance in your organization. The head of the IT department comes to you with an internet security expert and tells you to disable auto login and force authentic login based on a new password. The password will be 15 characters long and consist of letters, numerals, and one special character, and this password must expire after every 30 days. This is an example of:

  1. Operation
  2. Project
  3. Maintenance
  4. None of the above
Correct Answer

Q6. Based on the network diagram shown in the chart, what is the duration of the critical path?

  1. 33
  2. 44
  3. 31
  4. 36 73
Correct Answer

Q7. Who of the following would be LEAST likely to be involved in the Define Activities process?

  1. End user
  2. Team
  3. Experts
  4. Project manager
Correct Answer

Q8. You need to shorten the project by exactly four months, but spend no more than US $22,000 to do it. Based on the information in the chart, you would include activity A as part of the solution. However, during planning, the resource completing activity A strongly argued for a particular method of completing the scope in order to agree to be on the team. His scope was accepted because his expertise was needed on the project. The BEST way to crash this project would be to crash which activity(s)?

  1. Activities A and H
  2. Activity D
  3. Activities F and H
  4. Activity C
Correct Answer

Q9. Management has promised you part of the incentive fee from the customer if you complete the project early. While finalizing a major deliverable, your team informs you that the deliverable meets the requirements in the contract, but will not provide the functionality the customer needs. If the deliverable is late, the project will not be completed early. What action should you take?

  1. Provide the deliverable as it is.
  2. Inform the customer of the situation, and work out a mutually agreeable solution.
  3. Start to compile a list of delays caused by the customer to prepare for negotiations.
  4. Cut other activities in a way that be unnoticed to provide more time to fix the deliverable.
Correct Answer

Q10. You work as an engineer for a large engineering firm. During this past week, you have corresponded with your department supervisor about the horizontal stabilizers required for the wings on a new aircraft you are designing. Which communication dimension does this represent?

  1. Horizontal
  2. Formal
  3. External
  4. Upward
Correct Answer










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