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Project Management Question Bank
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Question:

You have a US $100,000,000 project that has 34 team members in four different countries. At the completion of project planning, you have identified six risks, 225 work packages, 13 stakeholders and seven phases to the project life cycle. What part of this project management plan needs to be revisited?
  1. The Identify Risks process
  2. The staffing management plan
  3. The network diagram
  4. The communications management plan






Q2. The results of another project have just been posted. Substantial rework will be required in order to meet the project requirements. Because the cost is too high, effective immediately, the project management office will be requiring all projects to do statistical sampling. What is the project management office concentrating its efforts on improving?

  1. Quality management
  2. Manage Quality
  3. Plan Quality
  4. Perform Quality Control.
Correct Answer

Q3. An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9 and a late finish (LF) of day 19. What is the activity’s float?

  1. 10
  2. 6
  3. 3
  4. 19
Correct Answer

Q4. A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project?

  1. Perform Qualitative Risk Analysis
  2. Perform Quantitative Risk Analysis
  3. Identify Risks
  4. Plan Risk Management
Correct Answer

Q5. What is the purpose of a decision tree?

  1. It determines what events may take place
  2. It demonstrates the path of events in a project.
  3. It calculates the probability of an outcome
  4. It takes into account future events for today’s choices
Correct Answer

Q6. A data point on a control chart that requires investigation is called:

  1. A special cause
  2. Gold plated
  3. A rule of seven
  4. A specification limit
Correct Answer

Q7. The outputs of the Define Activities process include all of the following EXCEPT:

  1. All activities that will be performed on the project
  2. A network diagram
  3. Activity attributes
  4. Milestone list
Correct Answer

Q8. Identify stakeholders is a process where you identify stakeholders for your project. Which of the following statements is not true regarding this process?

  1. This process happens throughout the project
  2. This process happens in the planning phase
  3. This process happens in the executing phase
  4. This process is started only when the project charter is signed
Correct Answer

Q9. Laurence is the PMO manager at ANZ Company. The CEO of the company asked Laurence to review the business requirements and develop the current year’s capital management plan. The capital management plan will outline the key business deliverables (capital projects) and will go to the board for final approval. Which of the following organizational artifacts should Laurence review to analyze the business requirements for the current fiscal year?

  1. Lessons Learned
  2. Capital budget for the current year
  3. Organizational Process Assets
  4. Organizational Strategy
Correct Answer

Q10. All of the following could occur during the Close Process or Phase process EXCEPT:

  1. Creating lessons learned
  2. Formal acceptance
  3. Reducing resource spending
  4. Performing benefit cost analysis
Correct Answer








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