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Project Management Question Bank
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Question:

Large variations in the periodic expenditure of funds are undesirable for organizational operations. Therefore, the expenditure of funds is frequently reconciled with the disbursement of funds for the project. According to the PMBOK, this is known as:
  1. Disbursement Reconciliation
  2. Expenditure Reconciliation
  3. Budget Reconciliation
  4. Funding Limit Reconciliation






Q2. When should the Validate Scope process be done?

  1. At the end of the project
  2. At the beginning of the project
  3. At the end of the each phase of the project
  4. During the planning processes
Correct Answer

Q3. While testing the strength of concrete poured on your project, you discover that over 35 percent of the concrete does not meet your company’s quality standards. You feel certain the concrete will function as it is, and you don’t think the concrete needs to meet the quality level specified. What should you do?

  1. Change the quality standards to meet the level achieved.
  2. State in your reports that the concrete simply “meets our quality needs.”
  3. Ensure that the remaining concrete meets the standard
  4. Report the lesser quality level and try to find a solution.
Correct Answer

Q4. Gordon is currently developing his project’s stakeholder management strategy. All enterprise environmental factors should be considered during this process. Which of the following enterprise environmental factors should be paid special attention during this process?

  1. Project templates
  2. The organization's culture and structure
  3. Commercial databases
  4. Lessons learned from past similar projects
Correct Answer

Q5. A project organizational chart shows resources and:

  1. WBS work packages
  2. Activity resource estimates
  3. Responsibilities
  4. Schedule.
Correct Answer

Q6. When one factor used to determine the effort required to produce a unit of work is increased while all other factors remain fixed, a point will eventually be reached at which additions of that one factor start to yield progressively decreased productivity. This is known as:

  1. The 100 percent rule
  2. The Pareto Law
  3. The law of diminishing returns
  4. The theory of constraints
Correct Answer

Q7. Nancy's project is in execution. Nancy is currently planning to execute the Manage Stakeholder Engagement process. She has gathered the project documents such as the issue log, the change log, the stakeholder register, the lessons learned register and the necessary organizational process assets. Which of the following is a key input to this process that is still missing from this list?

  1. Expert Judgment
  2. Communication Skills
  3. Change requests
  4. Project Management Plan
Correct Answer

Q8. You have met with your project sponsor who told you that you must complete the project by the end of the year, no exceptions. This should be included in the project scope statement as a:

  1. Project Constraint
  2. Project Boundary
  3. Project Acceptance Criteria
  4. Project Assumption
Correct Answer

Q9. A project manager is starting work on a complex project. There will be people from two different countries involved. The project sponsor is from a third country, and the work is being done on an expedited schedule in your country with 14 electrical engineers, 4 architects and their staffs, 3 mechanical engineers, and 2 maintenance experts. What should the project manager do to make sure all the work in this project is identified?

  1. Create a clear management plan, and put it in writing.
  2. Create a WBS with input from all parties involved.
  3. Identify the laws of each country involved.
  4. Create a scope control system.
Correct Answer

Q10. The network expansion project you just took over is said to be doing pretty well. The previous project manager only used variances to tell the current project status. In the last report you find SV = US $50,000, CV = US $10,000, PV = US $500,000. You know the rate of spending and schedule progress are important as well. Based on the details you have been given what are the SPI and CPI?

  1. 0.90, 1.02
  2. 1.10, 1.02
  3. 0.91, 0.98
  4. 1.11, 0.98
Correct Answer










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