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Project Management Question Bank
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Question:

During the planning processes, activity G was estimated to take five days. Activity G is on the critical path. On day 2, it becomes clear that activity G will take 15 days, which will impact the imposed project end date. The project team meets to perform root cause analysis to identify the cause of the variance and to plan schedule recovery with activities performed later in the schedule. Which of the following should ALWAYS be of this kind of meeting?
  1. Recommend corrective action
  2. WBS updates
  3. Activity list updates
  4. Schedule updates






Q2. You have a US $100,000,000 project that has 34 team members in four different countries. At the completion of project planning, you have identified six risks, 225 work packages, 13 stakeholders and seven phases to the project life cycle. What part of this project management plan needs to be revisited?

  1. The Identify Risks process
  2. The staffing management plan
  3. The network diagram
  4. The communications management plan
Correct Answer

Q3. If earned value (EV) is US $300,000, actual cost (AC) is US $350,000, and planned value (PV) is US $375,000, what does the schedule performance index (SPI) indicate?

  1. You are only progressing at 86 percent of the rate originally planned.
  2. You are progressing at 125 percent of the rate originally planned.
  3. You are progressing at 116 percent of the rate originally planned.
  4. You are only progressing at 80 percent of the rate originally planned.
Correct Answer

Q4. You are the project manager for a seller. A parking lot fencing project was bid at US $11 per foot. The parking lot has four equal sides of 125 feet and requires installing a six-foot diameter culvert on one side. Fencing should take 100 feet per day, and the culvert installation will cost US $500 and take one day to complete. The culvert must be installed before work can begin on hat side of the fence. After three days of work, one side is complete, another side has 75 feet installed, and the culvert is completely installed. At this point, the client tells you that the culvert needs to be increased to a sevenfoot diameter. You determine that this will cost US $1,000, and require two additional days. What should you do FIRST?

  1. Call a team meeting and determine if schedule and cost alternatives can maintain the current cost and schedule requirements.
  2. Review the procurement statement of work for mention of the diameter of the culvert.
  3. Ask for a change order to cover the change
  4. Renegotiate the contract 32
Correct Answer

Q5. When do stakeholders have the MOST influence on a project?

  1. At the beginning of the project.
  2. In the middle of the project.
  3. At the end of the project.
  4. Throughout the project.
Correct Answer

Q6. Which of the following regarding performance reporting is CORRECT?

  1. It is done during project planning and project executing.
  2. It is done during project planning and project monitoring and controlling.
  3. It is done during project monitoring and controlling and project closure.
  4. It is done during project executing and project monitoring and controlling.
Correct Answer

Q7. Which of the following is one of the most prominent features of a project following agile approach for product development?

  1. Produce defect-free deliverables
  2. Zero tolerance for rework
  3. Deliver incremental value to the customer
  4. Delivery of the product in a single sprint
Correct Answer

Q8. A project manager is working on his first project with outside sellers. He is familiar with project change control systems but not contract change control systems. In explaining how a contract change control system differs from a project change control system, it is BEST to point out that a contract change control system:

  1. Includes procedures
  2. Includes trend analysis
  3. Requires more sign-offs
  4. Requires less documentation.
Correct Answer

Q9. Management is sending a team of experts for a risk audit. You inform management that you have already completed the risk review process and did not find any shortcomings, so there is no need for a risk audit. However, management is firm on their decision. Which of the following is true about the risk audit and risk review?

  1. A risk audit is performed to see the effectiveness of a risk response plan
  2. A risk audit is performed to see if you are following the correct procedures
  3. A risk review is performed to see if you are following the correct procedures
  4. Both are the same but an audit is done by external experts and a review is done internally
Correct Answer

Q10. You have accepted a position at a company where you will manage a group of projects in a coordinated way. This organization specifically hired you to start a project management office to help it develop a more structured approach to project management. What should you do FIRST?

  1. Study the history of the organization
  2. Get your job description changed to either project management or project management office work, but not both
  3. Meet with key stakeholders to better understand the organization and projects.
  4. Focus on communications with your boss and other senior managers
Correct Answer








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