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Project Management Question Bank
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Question:

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.






Q2. While sequencing activities for a project, the project management team applied certain discretionary dependencies. This was based on their knowledge of best practices within the project application area. What is the potential risk involved in using such dependencies?

  1. They can create fixed float values and create external dependencies.
  2. They can create arbitrary float values and limit later scheduling options.
  3. They can create arbitrary float values and create external dependencies.
  4. They can create arbitrary float values and create mandatory dependencies.
Correct Answer

Q3. Halfway through the executing process of your project, a team member alerts you to a potential cost overrun for a specific deliverable. What do you do FIRST?

  1. Determine the projected actual cost
  2. Implement a change control process to track the change
  3. Inform the customer.
  4. Determine the cause of the overage
Correct Answer

Q4. While completing the Plan Resource process on your project, you visited the functional manger of engineering many times, but she refused to supply resources for the project. First, the excuse was that her department was too busy; next, the department was undergoing reorganization. This is causing your project to slip the schedule. Which of the following is the MOST probable reason for her lack of support?

  1. The priority of the project has increased
  2. The project does not have a project charter and the functional manager was not involved in approving the project management plan
  3. The project schedule network diagram was not time-phased.
  4. The WBS did not include all resources needed on the project.
Correct Answer

Q5. Free float is the amount of time an activity can be delayed without delaying the:

  1. Project
  2. Completion date required by the customer
  3. Early start of its successor
  4. Project completion date
Correct Answer

Q6. The client has requested a change in a deliverable which you have processed through a change request and it is approved. Now, you are in the process of implementing this change into the project. In which of the following processes do you implement the approved change?

  1. Monitor and control project work
  2. Direct and manage project work
  3. Perform integrated change control
  4. Control scope
Correct Answer

Q7. You have estimated the cost of your project by calculating the cost of each activity, adding them together to get the cost of a work package, and then you adding together the cost of all work packages. What kind of estimate are you using here?

  1. Top down
  2. Bottom up
  3. Parametric
  4. Ball park estimate
Correct Answer

Q8. 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

Q9. 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

Q10. A number of deliverables were submitted to the buyer as part of a project. Where would the project manager find documentation on the requirements for formal deliverable acceptance and on how nonconforming deliverables can be addressed?

  1. In the SOW
  2. In the lessons-learned document
  3. In the deliverable release note
  4. In the agreement
Correct Answer










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