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Project Management Question Bank
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Question:

How can changes be made to a project management plan once the project manager baselines it?
  1. By generating a change request and having it approved through the Perform Integrated Change Control process.
  2. This is typically done by using a version control system. The project manager creates a new version with the changes and baselines it as the new baseline.
  3. This is done by maintaining a revision history or log. The project manager documents the changes in detail and then baselines it.
  4. A project management plan cannot be changed once it is baselined. An addendum has to be created to incorporate the changes.






Q2. What is the primary risk when including reserves, or contingency allowances, in your cost estimate?

  1. Cancelling your project
  2. Understating the cost estimate
  3. Overstating the cost estimate
  4. Tracking the funds
Correct Answer

Q3. Your organization gets a new project and wants you to assign the project manager for this project. As management is busy with other activities, they ask you to develop the project charter so the project can get started. To develop the project charter, which of the following is not needed?

  1. Strategic plan
  2. Business case
  3. Agreements
  4. Project plan
Correct Answer

Q4. All of the following are part of the Close Project or Phase process EXCEPT:

  1. Collection of records
  2. Analysis of project success and effectiveness
  3. Coordinating the operations and maintenance phase of the project
  4. Archiving project information
Correct Answer

Q5. An important part of performing stakeholder analysis is documenting quantifiable expectations. Which of the following expectations is quantifiable?

  1. The project must improve customer satisfaction
  2. The project should be higher quality
  3. The project must yield a 15% reduction in part cost
  4. All stakeholders’ needs must be satisfied
Correct Answer

Q6. A team meeting during project executing is the BTEST format to:

  1. Determine project status.
  2. Communicate.
  3. Make changes to the project.
  4. Authorize changes to the project.
Correct Answer

Q7. Which of the following BEST describes a risk response owner?

  1. The person who identified the risk
  2. The department or company that is the source of the risk and most knowledgeable on the risk
  3. The department or company that will be most affected by the risk
  4. The person who will be responsible for implementing the risk response strategy.
Correct Answer

Q8. Your company has signed up to build a high-tech machine in collaboration with ABC Corp in Japan. ABC Corp will provide the expert, technical know-how and any spare parts you may need. This is a very high-tech machine, the exact description of work is not yet clear, and you are building it for the first time. In this scenario what kind of contract will you select?

  1. FPIF
  2. CPAF
  3. T&M
  4. FFP
Correct Answer

Q9. The most recent analysis of Microcorp's new fabrication facility renovation project shows a CPI value of less than 1.0. What does this indicate?

  1. The cost has overrun estimates.
  2. The cost has underrun estimates.
  3. The project is running ahead of schedule.
  4. The schedule has slipped.
Correct Answer

Q10. Your company is having problems delivering the finished product from the factory to the warehouses, which are located in different geographical areas. To smooth out the process, you have identified all critical stages for this procedure. What will be your next step?

  1. You will use a Tornado diagram
  2. You will use an Ishikawa diagram
  3. You will use a Scatter diagram
  4. You will use a Pareto analysis
Correct Answer








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