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Project Management Question Bank
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Question:

If you are working on a project with constantly changing scope, which type of contract would work best when hiring an outside vendor to complete a portion of the work?
  1. Lump sum
  2. Cost-reimbursable
  3. Time and material
  4. Fixed price






Q2. The most detailed level of the WBS is the _______________ .

  1. Control Account
  2. Work package
  3. Scope statement
  4. Accepted Deliverable
Correct Answer

Q3. The project manager has just received a change from the customer that does not affect the project schedule and is easy to complete. What should the project manager do FIRST?

  1. Make the change happen as soon as possible.
  2. Contact the project sponsor for permission
  3. Go to the change control board
  4. Evaluate the impacts on other project constraints
Correct Answer

Q4. Jane is worried about her project because many of her tasks are moving slowly, and two critical tasks may slip. She conducts a thorough resource analysis and finds out that there are five people who will be free next week. She would like to assign those people to finish her tasks early and prevent the project completion date from slipping. This is an example of:

  1. Management reserves
  2. Resource Leveling
  3. Crashing
  4. Fast tracking
Correct Answer

Q5. Communication is the key to the success of a project. As the project manager, you have three stakeholders with whom you need to communicate. As such, you have six channels of communication. A new stakeholder has been added that you also need to communicate with. How many communications channels do you have now?

  1. 7
  2. 10
  3. 12
  4. 16
Correct Answer

Q6. Which of the following processes produces a Risk Register?

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

Q7. You are analyzing the risk in a project. You decide to do a sensitivity analysis to determine which risks have the most potential impact on the project. You consider using a tool to help compare the relative importance of variables that have a high degree of uncertainty with those variables that are more stable. One such tool is:

  1. Beta Distribution
  2. S-Curve
  3. Control Chart
  4. Tornado Diagram
Correct Answer

Q8. You have joined a new organization and are assigned a project. This is a new type of project but the organization has completed many similar projects in the past. You decide to review the lessons learned from past projects. You go to the archives and ask for the lessons learned from past projects. Lessons learned is a part of which of the following?

  1. Organizational process assets
  2. Enterprise environment factor
  3. Project management plan
  4. Project archive
Correct Answer

Q9. 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

Q10. When would a milestone chart e used instead of a bar chart?

  1. Project planning
  2. Reporting to team members
  3. Reporting to management
  4. Risk analysis
Correct Answer










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