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Project Management Question Bank
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Question:

As project manager o a project, you just handled a risk event that impacted the project cost and schedule. Because the impact is 15 percent total project cost, what is the MOST appropriate action?
  1. Control the cost
  2. Inform the appropriate stakeholders
  3. Act to bring the cost of the event within acceptable limits
  4. Update the project budget.






Q2. All of the following are common results of risk management EXCEPT:

  1. Contract terms and conditions are created
  2. The project management plan is changed
  3. The communications management plan is changed
  4. The project charter is changed.
Correct Answer

Q3. An effective quality audit should be:

  1. Structured and independent
  2. Informal and independent
  3. Informal and internal
  4. Structured and internal
Correct Answer

Q4. RACI stands for______________, ________________, ___________, _______________.

  1. Review, Analyze, Calculate, Implement
  2. Responsible, Actual, Complete, Informative
  3. Roles, Activities, Costs, Instructions
  4. Responsible, Accountable, Consult, Inform
Correct Answer

Q5. You need to hire several subject matter experts for your project. Time is limited and the scope of work is also not very clear. In this situation what kind of procurement contract will you utilize to hire experts?

  1. Cost plus fixed fee
  2. Firm fixed price
  3. Fixed price economic price adjustment
  4. Time and material
Correct Answer

Q6. Integration is done by the:

  1. Project manager
  2. Team
  3. Sponsor
  4. Stakeholders
Correct Answer

Q7. If a process has a lack of consistency and predictability it is said to be:

  1. In control
  2. Quality assured
  3. Out of control
  4. Assigned a cause
Correct Answer

Q8. In your project, two important stakeholders are having some issues. To keep this issue from escalating further you intervene and resolve the issue. After the issue is resolved you asked your team member to record the issue so in the future a lesson can be learned from it. Where will you note the issues between stakeholders?

  1. Risk register
  2. Issue log
  3. Stakeholder register
  4. Change log
Correct Answer

Q9. A project manager has been instructed to use the project charter to help identify risks on the project. This does not make sense to him. If you were asked to explain the reason the project charter is used in this way, what is the BEST explanation?

  1. The project charter describes the business needs of the project
  2. Reviewing what is said and not said in the project charter will help determine risks.
  3. The project charter is issued by the sponsor
  4. Reviewing the project charter will help determine a description of the product of the project.
Correct Answer

Q10. A team member notifies you that she has added extra functionality to the project. She tells you there was no impact on the cost or schedule. What should be done as a result of this change?

  1. Implement change control processes to track the change
  2. Understand what functionality was added
  3. Instruct the team member to remove the extra functionality
  4. Issue an approved change request
Correct Answer








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