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Project Management Question Bank
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Question:

You are managing a project in a just-in-time environment. This will require more attention, because the amount of inventory in such an environmental is generally:
  1. 45 percent
  2. 10 percent
  3. 12 percent
  4. 0 percent






Q2. You have just walked into your office when you receive an e-mail from the sponsor notifying you that the auditing team will soon be your office to start a risk audit of your project. The next e-mail you receive has been forwarded to you, and involves conflict between two team members. You are immediately bombarded with phone calls from both parties to the e-mail complaining about the other. Which conflict resolution technique would you immediately use with team member?

  1. Forcing
  2. Compromising
  3. Avoiding
  4. Confronting
Correct Answer

Q3. Vendor selection, vendor management, and documentation of lessons learned are tasks that fall under this process:

  1. Procurement management
  2. Deliverable management
  3. Conduct Procurements
  4. Scope management
Correct Answer

Q4. Andy has just become the project manager of a multi-million-dollar construction project. Andy also has an approved project charter that authorizes him to apply organizational resources to the project. Now, Andy wants to take all key stakeholders onboard with the project charter. Where can Andy find a preliminary list of all key stakeholders?

  1. Project charter
  2. Stakeholder register
  3. Project management plan
  4. Risk register
Correct Answer

Q5. Which process is MOST responsible for managing changes to the schedule components of the Project Management Plan?

  1. Control Schedule
  2. Create WBS
  3. Develop Project Management Plan
  4. Develop Schedule
Correct Answer

Q6. Based on the chart, if you needed to shorten the duration of the project, which activity would you to shorten?

  1. Activity B
  2. Activity D
  3. Activity H
  4. Activity C 39
Correct Answer

Q7. A project manager has completed identification of stakeholders and has started planning for a flow instruments installation project in a hospital. While developing the project management plan, a team member states that a stakeholder in the X-ray department is missing from the stakeholder list. Which of the following would be the best response from the project manager?

  1. Authenticate the information from the team member
  2. Include and involve the stakeholder immediately
  3. It is too late to involve a stakeholder in the planning, so ignore the stakeholder
  4. Wait until the execution phase to involve the new stakeholder
Correct Answer

Q8. Your assistant project manager does the monthly earned value management (EVM) analysis, but falls ill before completing it. She has provided you with the following information: cost performance index (CPI) = 1.10, actual cost (AC) = US $800 million, planned value (PV) = US $890 million. How is the project going?

  1. The schedule is behind by 10 days.
  2. Both the schedule and the budget are better than planned
  3. There is enough money to support an offsite team outing
  4. You have no real concerns about either schedule or budget.
Correct Answer

Q9. During a cost performance review with certain senior officers from the finance department, you discover there are certain inconsistencies in the way cost performance reporting is done, and you obtain data that shows these officers are deliberately misleading senior management. What should you do?

  1. Write an anonymous letter to senior management about these activities.
  2. Bring this to the notice of senior management even though there are no formal policies in place for whistleblowers.
  3. Do nothing but make sure that the data for your project is clean.
  4. Do nothing. The corrupt behavior of the finance department officials has nothing to do with your project.
Correct Answer

Q10. Value analysis is performed to get:

  1. More value from the cost analysis.
  2. Management to buy into the project
  3. The team to buy into the project.
  4. A less costly way of doing the same work.
Correct Answer










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