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Project Management Question Bank
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Question:

Assuming that the ends of a range of estimates are +/- 3 sigma from the mean, which of the following range estimates involves the LEAST risk?
  1. 30 days, plus or minus five days
  2. 22 – 30 days
  3. Optimistic = 26 days, most likely = 30 days, pessimistic = 33 days
  4. Mean of 28 days.






Q2. A control chart helps the project manager to:

  1. Focus on the most critical issues to improve quality.
  2. Focus on stimulating thinking.
  3. Explore a desired future outcome.
  4. Determine if a process is functioning within set limits.
Correct Answer

Q3. After identifying the risks, you analyze them qualitatively and quantitatively to see if your risk response planning will effectively minimize the project risk or not. If not, you will tweak your risk response plan so the project risks fall within the stakeholders’ tolerance limits. Which of the following statements is correct about the quantitative risk analysis process?

  1. It is performed before qualitative risk analysis
  2. It is performed on each project
  3. Performed after qualitative risk analysis, if required
  4. None of the above
Correct Answer

Q4. While completing the Plan Resource process on your project, you visited the functional manger of engineering many times, but she refused to supply resources for the project. First, the excuse was that her department was too busy; next, the department was undergoing reorganization. This is causing your project to slip the schedule. Which of the following is the MOST probable reason for her lack of support?

  1. The priority of the project has increased
  2. The project does not have a project charter and the functional manager was not involved in approving the project management plan
  3. The project schedule network diagram was not time-phased.
  4. The WBS did not include all resources needed on the project.
Correct Answer

Q5. All of the following are outputs of the Plan Quality process EXCEPT:

  1. Quality management plan
  2. Validated deliverables
  3. Checklists
  4. Metrics.
Correct Answer

Q6. You are in the process of dividing work into smaller components so you can get a structured vision of what has to be delivered. What process is this?

  1. Create WBS
  2. Create RBS
  3. Rolling wave planning
  4. Progressive elaboration
Correct Answer

Q7. You are just starting on a project as project manager. The project sponsor asks you for weekly status updates by email and monthly project status meetings to review the project’s progress. These requirements are documented in the:

  1. Scope statement
  2. Communications management plan
  3. Project charter
  4. Organizational plan
Correct Answer

Q8. You are project manager on an information technology project on which you and the sponsor have already approved the scope. An information specialist on your team, after having lunch with a low ranking customer representative working with him on a software project, learns that a simple alteration in the display would be a great addition to the project. The information specialist installs the change with no negative effect on the project schedule and at no additional cost. What action should be taken?

  1. The information specialist should be recognized for exceeding customer expectations without affecting project cost or schedule.
  2. The project manager should add an activity to he project management plan with no associated time.
  3. The information specialist should be told that his behavior was unacceptable, as it may have negatively affected the overall project.
  4. The project manager should create a change control form, and have the customer approve the change since the change has already been made.
Correct Answer

Q9. A seller entered into a contract with a buyer. At the end of the project, the seller was reimbursed for the cost of the project but received a low fee based on certain subjective criteria that were specified in the contract. What type of contract is this likely to be?

  1. Cost Plus Fixed Fee (CPFF) contract
  2. Fixed Price Incentive Fee (FPIF) contract
  3. Cost Plus Incentive Fee (CPIF) contract
  4. Cost Plus Award Fee (CPAF) contract
Correct Answer

Q10. Andrew is a project management guru hired by a retail giant in your country. Andrew finds out there is a wide array of projects that need to be managed from a central PMO; from a number of small projects to large initiatives requiring long-term roadmaps to manage the development of these programs. What project management approach should be recommended for such projects?

  1. A predictive approach, adaptive approach, or a hybrid of both, may need to be adopted.
  2. A predictive approach may need to be adopted.
  3. An adaptive approach may need to be adopted.
  4. Setting up PMOs for such a wide range of projects is not recommended.
Correct Answer










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