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Project Management Question Bank
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Question:

Your vice president asked you what the Estimate at Completion (EAC) will be for a small project you are working on. You were given a budget of $30,000, and to date you have spent $20,000 but only completed $10,000 worth of work. You are sure the future work will be accomplished at the planned rate. What is the EAC?
  1. $40,000
  2. $30,000
  3. $60,000
  4. $10,000






Q2. A new software development project is in progress and the project manager is working with the quality assurance department. They want to improve everyone’s confidence that the project will satisfy the quality standards. Which of the following MUST they have before they start this process?

  1. Completed checklists
  2. A quality control plan
  3. Results of quality control measurements
  4. Rework.
Correct Answer

Q3. Andrew was working as a senior project manager at a company when he resigned from his position. This company recently hired Jack to replace Andrew. Jack had worked with Andrew in the past, and he knows him personally. Jack is now in charge of a project that Andrew left in the middle. If Jack calls Andrew for an opinion on this project, this constitutes:

  1. Jack‘s incompetence since he is dependent on Andrew‘s opinion
  2. An example of obtaining expert judgment from a senior
  3. Unethical behavior by Jack since Andrew has already resigned from the company
  4. A conflict of interest situation as Jack knows Andrew
Correct Answer

Q4. A responsibility assignment matrix shows all of the following EXCEPT:

  1. Time.
  2. Resources
  3. Names.
  4. Work packages
Correct Answer

Q5. You have been assigned as a project manager of a new project to be executed out of New York. However, you determine the project requires a Global Positioning Systems expert who is not available within the company in New York. After doing a little checking, you determine that the company has an expert based in London who is suitable for the project. However, the London-based employee is not willing to relocate to New York for the project. In such a case:

  1. Write to the manager of the London-based employee and inform him that the employee needs to be convinced to relocate to New York due to project requirements.
  2. You look at the option of moving ahead with the project by using a virtual team.
  3. Manage the project without the key resource and flag this as a risk.
  4. Co-location of resources is a key factor for the success of projects. As per PMI guidelines, you cannot proceed with the project since the resources are not available in New York.
Correct Answer

Q6. A WBS is BEST described as a tool for tracking:

  1. The schedule.
  2. Resources
  3. Cost
  4. Scope
Correct Answer

Q7. A construction project requires that government environmental hearings be held prior to site preparation. What kind of dependency is this?

  1. Optional dependency
  2. Discretionary dependency
  3. Soft logic
  4. External dependency
Correct Answer

Q8. You are collecting requirements for your project. For a few requirements you are having difficulty reaching a consensus, so you decide to vote and select the choice which has the largest number of votes. What voting technique is this?

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

Q9. You have recently joined an organization as the procurements manager. You have just received an invoice from a contractor. Some of the items from the invoice are as follows: EV of work completed to date: $50,000. AC of work completed to date: $40,000. Total costs reimbursed by the buyer to date: $35,000. If the contract between the buyer and the contractor is a CPIF contract, what is the total value payable to this contractor? (Assume that the contract allows for a 10 percent fee over net payable whenever CPI > 1).

  1. $500
  2. $5,500
  3. $44,000
  4. $55,000
Correct Answer

Q10. A project team is currently focusing on Monitor Stakeholder Engagement process to reassess the project stakeholders' current engagement levels and to review the current stakeholder engagement strategy. Which of the following is an output of this process?

  1. Project documents updates
  2. Stakeholder engagement assessment matrix
  3. Work performance data
  4. Approved change requests
Correct Answer










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