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Project Management Question Bank
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Question:

You are a project manager who was just assigned to take over a project from another project manager who is leaving the company. The previous project manager tells you that the project is on schedule, but only because he has constantly pushed the team to perform. What is the FIRST thing you should do as the new project manager?
  1. Check risk status
  2. Check cost performance
  3. Determine a management strategy
  4. Tell the team your objectives






Q2. If earned value (EV) = 35o, actual cost (AC) = 400, planned value ((PV) = 325, what is the cost variance (CV)?

  1. 350
  2. -75
  3. 400
  4. -50
Correct Answer

Q3. A software development project team has determined that the best way to mitigate the risk of not having the computational resources to complete all bug testing on schedule is to add three more servers to the test bed. However, the network may not have enough capacity to handle the extra load of those three servers and could fail. This type of risk is a _______________ risk.

  1. Secondary
  2. Simulation
  3. Bottleneck
  4. Hidden
Correct Answer

Q4. A manager asked to see a list of milestones in the project. This would be available as an output from the:

  1. Sequence Activities process
  2. Define Scope process
  3. Estimate Activity Durations process
  4. Define Activities process
Correct Answer

Q5. You are managing a project with a budget of 500,000 USD, and 250,000 USD has been spent. Upon review, you observe that only 40% of the work has been completed. Your schedule says that you should have completed 50% of the work. What is estimate at completion (EAC)?

  1. 625,000 USD
  2. 500,000 USD
  3. 400,000 USD
  4. 375,000 USD
Correct Answer

Q6. Your company puts a new product into the marketplace without any reports of problems. However, your internal research indicates that there is a possibility of serious injuries that would cost $20,000,000 to fix. What should you do?

  1. Make the necessary modifications to the products in production
  2. Recall all the existing product
  3. Wait until an injury to verify the impact
  4. Obtain insurance to cover the anticipated damages
Correct Answer

Q7. Which of the following is not an input to the Direct and Manage Project Work process?

  1. Approved Change Requests
  2. Consultants
  3. Project Management Plan
  4. Project files from prior projects
Correct Answer

Q8. Which of the following is not a tool or technique of the Control Procurements process?

  1. Expert judgment
  2. Advertising
  3. Claims administration
  4. Inspection
Correct Answer

Q9. The project manager on a large software installation project is working with her team on a critical set of activities. They are working late on Saturday night. Circumstances create the wherein the project manager must decide to change the schedule that will push the end date of the project out two weeks. What has MOST likely happened?

  1. An emergency project change has taken place.
  2. Scope creep has occurred
  3. A status change to the implementation has taken place.
  4. Risk assessment failure has taken place
Correct Answer

Q10. Once signed, a contract is legally binding unless:

  1. One party is unable to perform.
  2. One party is unable to finance its part of the work.
  3. It is in violation of applicable law.
  4. It is declared null and void by either party's legal counsel.
Correct Answer








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