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Project Management Question Bank
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Question:

You are trying to decide whether to lease or buy an item for your project. The daily lease cost is US $150. The investment cost to purchase the item is US $2,000, and the daily cost is US $50. In how many days will the lease cost be the same as the purchase cost?
  1. 10
  2. 15
  3. 20
  4. 25






Q2. You have overheard two functional managers arguing about the impacts that your project will have on their departments. What is your best response?

  1. Do nothing
  2. Analyze and report to each manager the impact your project will have on their departments in terms of time and resources required and the relative enterprise priority of your project
  3. Inform the managers that the project sponsors already considered this impact when they decided to implement the project
  4. Put in advance requests for resources from each department
Correct Answer

Q3. During a work breakdown structure meeting, you have decomposed the deliverables into work packages and created your WBS dictionary. However, you now want to decompose the work packages to assist you in estimating, executing, and controlling the project. These decomposed work packages are:

  1. Work packages can't be decomposed into smaller units
  2. Activities
  3. Milestones
  4. Control Accounts
Correct Answer

Q4. The work breakdown structure can be BEST thought of as an effective aid for _________ communications.

  1. Team
  2. Project manager
  3. Customer
  4. Stakeholder 13
Correct Answer

Q5. The project has been going well, except for the number of changes being made. The product of the project is being installed into seven different departments within the company and will greatly improve departmental performance when operational. The team has selected the appropriate processes for use on the project. The project manager is a technical expert as well as having been trained in communications and managing people. Which of the following is the MOST likely cause of the project problems?

  1. The project manager was not trained in understanding the company environment.
  2. The project should have more management oversight since it will result in such great benefits to the company.
  3. The project should have used more of the project management processes.
  4. Some stakeholders were not identified.
Correct Answer

Q6. Documents that serve as historical records for future projects are archived:

  1. Throughout the project
  2. Before the end of planning
  3. Before the end of execution
  4. During closure
Correct Answer

Q7. Which of the following is not a tool and technique of the Collect Requirements process?

  1. Mind mapping
  2. Interviews
  3. Questionnaires
  4. Traceability matrix
Correct Answer

Q8. You are assigned as a project manager to lead a new quality improvement project. Management is asking for a project management plan. Which of the following should you create FIRST?

  1. A process assurance plan
  2. A quality management plan
  3. A project management plan
  4. A project scope statement
Correct Answer

Q9. A project manager wishes to illustrate the connections between the work that needs to be done and the project team members. According to the PMBOK, the resulting document is a:

  1. Responsibility Assignment Matrix (RAM)
  2. Resource Planning Chart (RPC)
  3. Task Assignment Model (TAM)
  4. Resource Assignment Chart (RAC)
Correct Answer

Q10. For complex and high value projects, activities of business analysis get started well before the project is initiated. Typically in such cases, the requirements management process starts with:

  1. Plan Scope Management
  2. Collect Requirements
  3. Define Scope
  4. Needs Assessment
Correct Answer










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