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Project Management Question Bank
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Question:

A project uses rounding of activity cost estimates data to the nearest $100, uses staff hours as the unit of measure for resources, and has a variance threshold of 10 percent deviation from the baseline plan. These approaches are typically documented in the:
  1. Cost management plan
  2. Scope Statement
  3. WBS
  4. Project charter






Q2. In complex and high value projects, which of the following activities will typically be performed by a business analyst prior to the project initiation?

  1. Define project scope and develop WBS
  2. Finalize the project scope statement and the WBS dictionary
  3. Establish the project’s scope baseline
  4. Determine problems, identify business needs and viable solutions
Correct Answer

Q3. A project manager would like to resolve conflicts by a give-and-take attitude rather than by a one-sided approach. Which of these approaches is he likely to use?

  1. Forcing
  2. Problem-solving
  3. Directing
  4. Withdrawing
Correct Answer

Q4. What is the purpose of a bidder conference?

  1. Awarding a contract to the most suitable vendor
  2. Pre-qualifying the potential sellers
  3. Ensuring all vendors have a clear understanding of the procurement
  4. Developing a comprehensive seller's list
Correct Answer

Q5. The project management plan is LEAST useful for which of the following?

  1. Guiding project execution
  2. Documenting planning assumptions
  3. Facilitating communication among stakeholders
  4. Developing the project charter
Correct Answer

Q6. You are a project manager working on a project to create high-efficiency electric motors for a company introducing a new electric golf cart. Your company’s president is keenly interested in the project and requests a chart that shows the number of defects by type ordered by their frequency of occurrence. Which type of chart would BEST meet this request?

  1. Histogram
  2. Control chart
  3. Statistical sampling
  4. Scatter diagram
Correct Answer

Q7. A rough order of magnitude estimate is made during which project management process group?

  1. Planning
  2. Closing
  3. Executing
  4. Initiating
Correct Answer

Q8. In an underground highway construction project, the project stakeholders have suggested many changes to the project scope. You had already defined the cost baseline in your project, and you would like to revisit the baseline to see how these changes might affect the overall cost of the project. You start an impact analysis to determine the impact and inform the concerned stakeholders of all approved changes and the corresponding costs. You perform these activities in which process?

  1. Control Scope
  2. Monitor Risks
  3. Control Costs
  4. Monitor Communications
Correct Answer

Q9. Your company wants to get ISO 9001 certified. Therefore, they call some experts from a lead consultancy to come and certify the company as ISO 9001. These experts come and review your documents and verify each and every detail. What process is this?

  1. Manage quality
  2. Quality control
  3. Inspection
  4. None of the above
Correct Answer

Q10. You are working with your team and are looking at the cost risks in the project. You and your team are currently creating a tornado diagram for the project risks. You do this as a part of which of the following processes?

  1. Qualitative Risk Analysis
  2. Risk Response Planning
  3. Quantitative Risk Analysis
  4. Monitor Risks
Correct Answer










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