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Project Management Question Bank
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Question:

Your project will go through many phases to produce a high-priced product that will be sold to the public. You are currently starting the design phase. The price will include the product and scheduled maintenance. The team includes representatives from the engineering department, who will help determine the design of the project, the marketing department, who will determine the shape of the container for the product of the project and the accounting department who will help make sure the cost of the project allow ample profit margin. The project charter has been completed and signed by sponsors from all these departments. The product scope was completed in an earlier project that was two months delayed due to arguing over the scope. The team is now functioning well and past team building efforts have produced an effective team for this new project. Which of the following is the BEST thing to include that has not been included in planning?
  1. The team working on the project does not include anyone from senior management and will thus not have enough support to be completed quickly and effectively.
  2. There needs to be a representative from the quality department to ensure that the project will satisfy the needs for which it is undertaken.
  3. The project is not taking into account how the project work will affect future phases and thus future phases may cost more.
  4. Team building efforts should still be done in the future to ensure an effective team.






Q2. Joe is attempting to calculate the probable financial impact of some future uncertain scenarios. What method could he use?

  1. Pareto analysis
  2. Earned value analysis
  3. Variance analysis
  4. Expected monetary value analysis
Correct Answer

Q3. Few project managers collect lessons-learned information throughout the project’s life. Most tackle this in the final days of the project or, worse, after the project is complete. What is the negative consequence of this approach?

  1. It makes compiling and obtaining project information difficult.
  2. It might result in further expenses on the project.
  3. The project’s NPV becomes zero.
  4. It requires hiring a specialist to do the job.
Correct Answer

Q4. A technique that enhances brainstorming with a voting process used to rank the most useful ideas so they can be taken up for further brainstorming is:

  1. Six thinking hats
  2. Nominal group technique
  3. Affinity diagram
  4. Mind mapping
Correct Answer

Q5. Gordon is currently developing his project‘s stakeholder engagement strategy. All enterprise environmental factors should be considered during this process. Which of the following enterprise environmental factors should receive particular attention during this process?

  1. Project templates
  2. Lessons learned from past similar projects
  3. Commercial databases
  4. The organization‘s culture and political climate
Correct Answer

Q6. Which of the following statements BEST describes how stakeholders are involved on a project?

  1. They help to determine the project schedule, deliverables, and requirements.
  2. They help to determine the project constraints and product deliverables.
  3. They help to determine the resource needs and resource constraints on the project.
  4. They approve the project charter, help provide assumptions, and create the management plans.
Correct Answer

Q7. You have a large, multi-year project. Because of the large scope and duration, you decide that you will plan near term work in detail, and for the rest, you will make a high-level plan. Once you move ahead you will plan, in detail, for that work. This is an example of:

  1. Rolling wave planning
  2. Ball park planning
  3. Near wave planning
  4. Just in Time
Correct Answer

Q8. The Control Procurements process receives a very important input from the Direct and Manage Project Work process. Which one is it?

  1. Approved change requests
  2. Work performance data
  3. Procurement documents
  4. Agreements
Correct Answer

Q9. Jane is currently reviewing a list of project proposals. All the proposed projects achieve some of the organizational strategic objectives and their expected costs are known. However, Jane cannot execute all the projects due to the funding limitation. How shall Jane determine which projects she needs to execute this year?

  1. Select the high-budget projects and drop the low-budget projects
  2. Select the low-budget projects and drop the high-budget projects
  3. Select the projects that maximize organizational revenue
  4. Select the projects that maximize the business value
Correct Answer

Q10. Long hours to meet a looming deadline and immense pressure for success from management are causing a decline in team morale. There are occasional conflicts between team members over priorities and resources. How should these non-disruptive conflicts be handled?

  1. Use of disciplinary actions
  2. Using a private, direct, and collaborative approach first
  3. Escalation to senior management
  4. Arbitration
Correct Answer








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