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Project Management Question Bank
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Question:

What is the BEST method of estimating the time for an activity that has never been done by your company before?
  1. Analogous estimating
  2. Three-point estimating
  3. Monte Carlo analysis
  4. Parametric estimating 60






Q2. How many types of relationships between activities can be found on a precedence (AON) diagram?

  1. 4
  2. 3
  3. 2
  4. 1
Correct Answer

Q3. Double declining balance is a form of:

  1. Decelerated depreciation
  2. Straight line depreciation
  3. Accelerated depreciation
  4. Life cycle costing 0
Correct Answer

Q4. Which of the following are ALWAYS inputs to the risk management process EXCEPT:

  1. Historical information.
  2. Lessons learned.
  3. Work breakdown structure.
  4. Project status reports.
Correct Answer

Q5. A new project manager asks you what the 50/50 rule is used for. You would reply?

  1. Crashing
  2. Quality
  3. Performance reporting
  4. Cost estimating
Correct Answer

Q6. Anna has recently taken over a project as the project manager. The project is early in the executing phase. Although all the key stakeholders signed off on the project scope statement, Anna learns that some of the key stakeholders do not fully understand the project scope. The stakeholders’ constant support is crucial for the success of the project. What must Anna do?

  1. Email the copy of the scope management plan to the key project stakeholders
  2. Don’t do anything since all the key project stakeholders signed the scope statement.
  3. Email the copy of the scope statement to the key project stakeholders.
  4. Conduct one-to-one meeting sessions with these key stakeholders to ensure they understand the project scope
Correct Answer

Q7. You are a project manager for a new product development project that has four levels in the work breakdown structure. The network diagram has been created, the duration estimates have been compressed, and a schedule has been developed. What schedule management activity should you do NEXT?

  1. Control Schedule
  2. Estimate Activity Resources
  3. Analogously estimate the schedule
  4. Gain approval
Correct Answer

Q8. You are sequencing activities to develop the schedule using a precedence diagram method. To do this you need to identify the type of dependency between the activities. Which of the following is not a type of dependency used in a precedence diagram method?

  1. Mandatory dependency
  2. Linear dependency
  3. Internal dependency
  4. External dependency
Correct Answer

Q9. The primary customer of a project has requested an application change during user testing. As project manager, how should you BEST address this issue?

  1. Develop a risk mitigation plan.
  2. Create a formal change request.
  3. Inform the project sponsor of changes to scope, cost and schedule.
  4. Ensure the scope change compies with all relevant contractual provisions.
Correct Answer

Q10. The project has been going well, except for the number of changes being made. The product of the project is being installed into seven different departments within the company and will greatly improve departmental performance when operational. The team has selected the appropriate processes for use on the project. The project manager is a technical expert as well as having been trained in communications and managing people. Which of the following is the MOST likely cause of the project problems?

  1. The project manager was not trained in understanding the company environment.
  2. The project should have more management oversight since it will result in such great benefits to the company.
  3. The project should have used more of the project management processes.
  4. Some stakeholders were not identified.
Correct Answer










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