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Project Management Question Bank
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Question:

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.






Q2. You have been assigned to manage the development of an organization’s first Web site. The site will be highly complex and interactive, and neither your project team nor the client has much experience with Web site development. The timeline is extremely aggressive. Any delay will be costly for both your firm and the client. You have a project sponsor and have achieved agreement and sign-off on both the project charter and the project management plan. Client personnel have been kept fully informed of the project’s progress through status reports and regular meetings. The project is on schedule, within the budget, and a final perfunctory review has been scheduled. Suddenly you hear that the entire effort may be cancelled because the product developed is totally unacceptable. What is the MOST likely cause of this situation?

  1. A key stakeholder was not adequately involved in the project.
  2. The project charter and project management plan were not thoroughly explained or adequately reviewed y the client.
  3. Communications arrangements were inadequate and did not provide the required information to interested parties
  4. The project sponsor failed to provide adequate support for the project.
Correct Answer

Q3. A project manager is estimating the project duration and finds that the only information available to him is a previous project that was quite different from the current one. However, some portions of the previous project were similar to the current one. Which of the following tools is the project manager likely to use to compare current project's activity durations with the similar previous activities?

  1. Analogous estimating
  2. Program Evaluation and Review Technique (PERT)
  3. Three-point estimates
  4. Parametric estimating
Correct Answer

Q4. You are a project manager for a US $3,000,000 product development project. Your project is well into the executing process group and remains on time, on budget, and on specification. This morning, a project team member alerts you to a newspaper article detailing unusually high defect rates in materials that your team has been using to develop your product prototype. You had no reason to suspect quality issues in these materials before now. What should you do FIRST in response to this concern?

  1. Stop work on the prototype
  2. Quantify the risk
  3. Develop a risk mitigation plan
  4. Determine a workaround.
Correct Answer

Q5. Total float is the amount of time an activity can be delayed without delaying the:

  1. Project
  2. Completion date required by the customer
  3. Early start of its successor
  4. Project completion date 34
Correct Answer

Q6. A first-time project manager is advised by an experienced project manager to plan for cost of quality. The first-time project manager is not sure which costs are included in the cost of quality. What would your advice be?

  1. Cost of quality only includes cost of nonconformance.
  2. Cost of quality includes cost of conformance and cost of nonconformance.
  3. Cost of quality only includes prevention costs and internal failure costs.
  4. Cost of quality only includes cost of conformance.
Correct Answer

Q7. Which of the following helps the project team to look at many sources from which project risks may arise in a risk identification exercise?

  1. Work Breakdown Structure
  2. Risk Breakdown Structure
  3. Risk register
  4. Issue log
Correct Answer

Q8. The project manager is working to clearly describe the level of involvement expected from everyone involved in the project in order to prevent rework, conflict, and coordination problems. Which of the following BEST describes the project manager’s efforts?

  1. Develop Project Management Plan and Plan Quality Management
  2. Problem solving, control, and discovering gold plating
  3. Validate Scope and Control Quality
  4. Control Risks, Develop Project Team, and lessons learned
Correct Answer

Q9. During the Control Scope process, analysis of the scope performance resulted in a change request to the scope baseline. This change request will be processed for review and disposition in the:

  1. Control Quality
  2. Perform Integrated Change Control
  3. Monitor and Control Project Work
  4. Validate Scope
Correct Answer

Q10. Your construction project is in execution, and you require a major change to one of your supplier agreements. Can you directly make this change with mutual consent of the supplier during the Control Procurements process, or do you have to visit the Perform Integrated Change Control process, as well?

  1. The change request needs to be approved through the Control Procurements process prior to making the change through the Integrated Change Control process.
  2. The change request can be directly processed through the Control Procurements process since the change requests only affects a particular supplier agreement.
  3. The Control Procurements process is about identifying variances. The supplier contract can directly be altered through the Perform Integrated Change Control process.
  4. The change request needs to be approved through the Perform Integrated Change Control process prior to making the change through the Control Procurements process.
Correct Answer










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