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Project Management Question Bank
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Question:

The BEST method to control costs is to:
  1. Estimate at the beginning of the project and then check costs against the baseline
  2. Estimate during the execution of the project and then manage each activity to the budget.
  3. Estimate during planning and then re-estimate before each activity begins
  4. Estimate during the initiation of the project and have management confirm the estimates.






Q2. Your company is undergoing a change in ownership and the new owners are looking at the total cost of a new product. Which of the following would BEST provide that information?

  1. Estimate at completion
  2. Life cycle cost
  3. Earned value
  4. Net present value
Correct Answer

Q3. Which of these processes is not a Project Schedule Management process?

  1. Create WBS
  2. Develop Schedule
  3. Define Activities
  4. Sequence Activities
Correct Answer

Q4. A project manager wants to use a group decision-making technique to generate, classify and prioritize requirements. Which of these is not a valid group decision-making technique?

  1. Plurality
  2. Singularity
  3. Majority
  4. Unanimity
Correct Answer

Q5. A project manager is taking over a project from another project manager during the planning process group. If the new project manager wants to see what the previous project manager planned for managing changes to the schedule, it would be BEST to look at the:

  1. Communications management plan
  2. Update management plan
  3. Staffing management plan
  4. Schedule management plan 71
Correct Answer

Q6. When are risk identification activities performed?

  1. During the Perform Qualitative Risk Analysis process
  2. During the Plan Risk Management process
  3. During the Perform Quantitative Risk Analysis process
  4. Ongoing throughout the project
Correct Answer

Q7. During the Plan Risk Management process of a major project, the project manager is informed that her key subject matter experts are currently spread around the globe. All experts are available via e-mail and planning must not be delayed. What is the BEST method for gathering information?

  1. Brainstorming
  2. Delphi technique
  3. Assumption analysis
  4. Cause and effect diagramming.
Correct Answer

Q8. A project can be authorized by any of the following except:

  1. The project manager
  2. The PMO
  3. The sponsor
  4. The portfolio steering committee
Correct Answer

Q9. Which of these is not a component of the scope baseline that is contained in the project management plan?

  1. Work Breakdown Structure (WBS)
  2. Requirements documentation
  3. WBS Dictionary
  4. Project Scope Statement
Correct Answer

Q10. On one of your company’s medical research projects, you object to how the research is being handled. However, you signed a confidentiality agreement with the company that prohibits you from talking about your research. It would be BEST to:

  1. Quit and do not talk about what you know.
  2. Quit and begin talking to the community.
  3. Continue working and begin to talk about your objections to the research to newspapers in other cities.
  4. Destroy the research.
Correct Answer








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