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Project Management Question Bank
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Question:

Which of the following is the BEST way to describe the outputs of the Identify Risks process?
  1. A list of risks
  2. A list of triggers
  3. A list of the risk response owners
  4. An understanding of the project risks






Q2. A good friend at work tells you that when his wife was diagnosed with cancer, he stole items from work and sold them, using the money for her treatment. He has since paid back the money taken, in ways that kept his theft secret. Ethically, what should you do?

  1. Advise your friend to tell his company and do nothing
  2. Report him to his manager
  3. Talk with a lawyer to see if this can be justified
  4. Attempt to gather evidence to determine whether or not the theft in fact occurred.
Correct Answer

Q3. You just completed a cost estimate on the project, and you’re assuming there is a 15 percent chance you will exceed this estimate. You are:

  1. Below the mean
  2. Above the mean
  3. Above the median
  4. Below the median.
Correct Answer

Q4. Instead of celebrating the end of the project, the stakeholders are breathing a sigh of relief. None of them were confident the product would meet the end date. Which of the following is NOT one of the reasons this project had difficulty?

  1. Lack of payback period
  2. Lack of milestones
  3. Lack of a communications management plan
  4. Lack of a staffing management plan
Correct Answer

Q5. You have accepted a position at a company where you will manage a group of projects in a coordinated way. This organization specifically hired you to start a project management office to help it develop a more structured approach to project management. What should you do FIRST?

  1. Study the history of the organization
  2. Get your job description changed to either project management or project management office work, but not both
  3. Meet with key stakeholders to better understand the organization and projects.
  4. Focus on communications with your boss and other senior managers
Correct Answer

Q6. You are building a dam for a state government. Your organization is considered a specialist in dam design and overall management of construction activities. However, your organization lacks resources to execute the earth-works involved. You have subcontracted all the project’s earth-works to a local subcontractor. The quality of the subcontractor’s work is acceptable, but the subcontractor is not conforming to your organization’s health and safety standards. You escalated this to the subcontractor’s project manager, but he turned down your request. The subcontractor’s project manager is of the view that the request is out of the contract’s scope and none of the contract provisions require him to conform to your organization’s standards. You are agitated since you believe health and safety standards are globally accepted, and the contract does not have to explicitly state them. Further, according to the state law, you cannot terminate the contract since the subcontractor has not vio

  1. Go for judicial arbitration as stated in the contact’s ADR provisions
  2. Terminate the contract immediately since you will not compromise health and safety standards
  3. Withhold the subcontractor’s payments to force compliance
  4. Negotiate a contact amendment with the subcontractor requiring compliance to the standards
Correct Answer

Q7. Janice, a project manager, wanted to obtain early feedback on the project requirements. However, she was concerned that the abstract representations of the requirements might not elicit useful feedback. Which of the following tools and techniques might help her overcome this hurdle?

  1. Histograms
  2. Prototypes
  3. Ishikawa diagram
  4. Control charts
Correct Answer

Q8. You have been appointed as the manager of a new, large, and complex project. Because this project is business-critical and very visible, senior management has told you to analyze the project’s risks and prepare response strategies for them as soon as possible. The organization has risk management procedures that are seldom used or followed, and has had a history of handling risks badly. The project’s first milestone is in two weeks. In preparing the risk response plan, input from which of the following is generally LEAST important?

  1. Key stakeholders
  2. Project team members
  3. Project sponsor
  4. Individual responsible for risk management policies and templates.
Correct Answer

Q9. The Close Project or Phase process is not performed when:

  1. Cancelling projects
  2. Closing projects
  3. Closing project phases
  4. Reactivating projects
Correct Answer

Q10. You have just learned that one of your team members has not been adequately trained to complete project activities as assigned to him. How will you handle this situation?

  1. Replace this team member with someone more qualified
  2. Request proper training be provided and paid for by the functional manager
  3. Revise the schedule to account for the decreased effectiveness on this resource.
  4. Mentor this resource during the remainder of project duration.
Correct Answer










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