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Project Management Question Bank
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Question:

During which stage of risk planning are risks prioritized based on their relative probability and impact?
  1. Perform Qualitative risk analysis
  2. Identify Risks
  3. Perform Quantitative risk analysis
  4. Plan Risk Responses






Q2. A stakeholder wants to make a change to the work breakdown structure that does NOT affect the time or cost of the project. What is the BEST thing to do?

  1. Tell the stakeholder that this change cannot be made without revising the project management plan.
  2. Make the change.
  3. Meet with management.
  4. Look for other impacts on the project.
Correct Answer

Q3. Which of the following is a common problem in the Close Project or Phase process?

  1. Retaining resources to complete the project
  2. Completing the quality assurance plan
  3. Obtaining scope verification
  4. Completing a project charter
Correct Answer

Q4. A storm has damaged the manufacturing facility that is under construction as part of your project. You have just discovered that although the project risk management plan mandated that the facility have insurance against damage and loss, this policy was never acquired, and the project budget must cover the losses. Who is at fault?

  1. The risk manager
  2. The project manager
  3. The facilities manager
  4. The construction crew
Correct Answer

Q5. All of the following are inputs to the Validate Scope process EXCEPT:

  1. Work breakdown structure
  2. Project scope statement
  3. WBS dictionary
  4. Inspection
Correct Answer

Q6. What is the duration of a milestone?

  1. Shorter than the duration of the longest activity
  2. Shorter than the activity it represents
  3. There is no duration
  4. Same length as the activity it represents
Correct Answer

Q7. You were asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the project budget EXCEPT:

  1. Fixed costs.
  2. Sunk costs.
  3. Direct costs.
  4. Variable costs.
Correct Answer

Q8. Which of the following is an example of a tool used in Plan Quality?

  1. Fishbone diagram.
  2. Quality audit
  3. Cause and effect diagram
  4. Benchmarking.
Correct Answer

Q9. A project manager has just been assigned to a new project and has been given the approved project charter. The FIRST thing the project manager must do is:

  1. Create a project scope statement
  2. Confirm that all the stakeholders have had input to the scope
  3. Analyze project risk
  4. Begin work on a project management plan
Correct Answer

Q10. Which of the following indicates the required cost performance in order to complete the project on budget?

  1. TCPI
  2. CPI
  3. EAC
  4. SPI
Correct Answer










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