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Project Management Question Bank
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Question:

Your company just won a major new project. It will begin in three months and is valued at US $2,000,000. You are the project manager for an existing project. What is the FIRST thing you should do upon hearing of the new project?
  1. Ask management how the new project will use resources
  2. Resource level your project
  3. Crash your project
  4. Ask management how the new project will affect your project.






Q2. You call your team member and give some instructions. She receives your message and gives her feedback. What is the role of the team member in this conversion?

  1. Sender
  2. Receiver
  3. Medium
  4. None of the above
Correct Answer

Q3. The work breakdown structure (WBS) does all of the following except

  1. Organizes and defines the entire scope of the project.
  2. Divides the project into smaller, more manageable tasks.
  3. Serves as a high-level planning tool for work planned but not yet approved.
  4. Both A and B.
Correct Answer

Q4. Project risks should be identified by:

  1. Those invited to the risk identification process only
  2. Key project stakeholders only
  3. The project manager only
  4. All project personnel
Correct Answer

Q5. You have assigned as the project manager on a new project. The organization uses a strong matrix structure. Computers needed to complete the project are an example of:

  1. Limited cost
  2. Diminishing cost
  3. Fixed cost
  4. Indirect cost.
Correct Answer

Q6. A control chart indicates the last 12 weights produced were outside the upper control limit. What should the project manager do?

  1. Stop production
  2. Work to better meet ISO 9000 standards
  3. Look for the non-random causes for the variations
  4. Plan to rework the 12 weights
Correct Answer

Q7. At the end of a two-year project, the key stakeholders agree that the project has met all its objectives outlined in the project charter and further defined in the scope and statement of work. The project was within budget and has finished on time. The management of one of the functional areas is quite upset because over half of his staff quit during the project citing long hours and lack of management support. What is the MOST correct statement about this project?

  1. The project was within budget and time and achieved its objectives. Upper management is responsible for providing adequate resources, and the project manager successfully managed the project with available resources.
  2. The project should be measured against how successfully it met its project charter. This was not done during this project.
  3. The project manager did not obtain adequate resources and did not set a realistic deadline based on resources available.
  4. The functional manager is responsible for his staff and obtaining adequate resources to meet the schedule once it has been set. The project and project manager achieved all of its objectives set forth in the project charter.
Correct Answer

Q8. A seller is awarded a contract to build a pipeline. The contract terms and conditions require a work plan be issued for the buyer’s approval prior to commencing work, but the seller fails to provide one. Which of the following is the BEST thing for the buyer’s project manager to do?

  1. File a letter of intent
  2. Develop the work plan, and issue it to the seller to move things along
  3. Issue a default letter
  4. Issue a stop order to the seller until a work plan is prepared.
Correct Answer

Q9. The customer is repeatedly requesting changes. You discover the contract does not include procedures or implementing change. There are no available funds in the customer’s budget to accommodate change. What should you do?

  1. Ask your management to use money from the company’s cost reserve.
  2. Tell the customer there is no budget for changes in the project
  3. Discuss the situation with the customer to decide how to remedy this problem
  4. Make only those changes that do not impact cost.
Correct Answer

Q10. You are in charge of constructing the Ferris wheel in each town a carnival visits. However, this is something you have never done before, and you are getting different opinions from others on how long it takes. Joe is new and has given you what you believe to be an optimistic estimate of three hours; Bill says it will take 10 hours, which seems too long to you and quite pessimistic. Last, Margie, who is the most experienced at this task, is telling you it will take eight hours. You are not sure whom to believe, so you decide to do three-point estimation (based on beta distribution). Based on this, how many hours will it take you to assemble the Ferris wheel?

  1. 7.5 hours
  2. 8 hours
  3. 21 hours
  4. 7 hours
Correct Answer










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