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Project Management Question Bank
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Question:

A project has had some problems, but now seems under control. In the last few months almost all the reserve has been used up and most of the negative impacts of events that had been predicted have occurred. There are only four activities left and two of them are on critical plan. Management now inform the project manager that it would be in the performing organization’s best interest to finish the project two weeks earlier than scheduled in order to receive an additional profit. In response, the project manager send out a request for proposal for some work that the team was going to do, in the hopes that another company might be able to do the work faster. The project manager can BEST be said to be attempting to work with:
  1. Reserve.
  2. Opportunities.
  3. Scope verification.
  4. Threats.






Q2. In planning your project, which would generally have the highest priority; quality, cost, or schedule?

  1. Cost is most important, quality next, and then schedule
  2. Quality is more important than cost or schedule
  3. Schedule is most important, quality next, and then cost
  4. It should be decided for each project.
Correct Answer

Q3. You are about to take over a project from another project manager and find out the following information about the project. Activity Z has an early start (ES) of day 15 and a late start (LS) of day 20. Activity Z is a difficult activity. Cost performance index (CPI) is 1.1; schedule performance index (SPI) is 0.8. There are 11 stakeholders on the project. Based on this information, which of the following would you be the MOST concerned about?

  1. Schedule
  2. Float
  3. Cost
  4. The number of available resources.
Correct Answer

Q4. Each critical project communication requirement must be carefully analyzed. One good way is to use a communication model to design effective communications. What is the sequence of steps in a basic communication model?

  1. Encode -> Decode -> Transmit -> Acknowledge -> Feedback
  2. Encode -> Transmit -> Decode -> Acknowledge -> Feedback
  3. Decode -> Encode -> Transmit -> Acknowledge -> Feedback
  4. Encode -> Transmit -> Decode -> Feedback -> Acknowledge
Correct Answer

Q5. You have been assigned as the project manager for a software development project. You are currently communicating with stakeholders and addressing their issues and expectations. Which of the following documents are inputs to this effort?

  1. The Issue log, Project charter, and Configuration management system
  2. The stakeholder engagement plan, communications management plan, and the change log
  3. The Project risk register, Work performance information, and Accepted deliverables
  4. Business case, change requests, and control charts
Correct Answer

Q6. When a product or service completely meets a customer’s requirements:

  1. Quality is achieved.
  2. The cost of quality is high
  3. The cost of quality is low
  4. The customer pays the minimum price.
Correct Answer

Q7. The sponsor of a project created a document that included the business need and the cost-benefit analysis. What would this document be termed as?

  1. The project statement of work
  2. The business case
  3. The project management plan
  4. The contract
Correct Answer

Q8. All of the following are results of adding to the risk register in the Plan Risk Responses process EXCEPT:

  1. You are in control of the project as it progresses with few surprises
  2. By managing the plan, you are able to avoid risks while mitigating the effects of others
  3. The need for workarounds is minimized
  4. The need for contingency reserves is minimized.
Correct Answer

Q9. For complex and high value projects, activities of business analysis get started well before the project is initiated. Typically in such cases, the requirements management process starts with:

  1. Plan Scope Management
  2. Collect Requirements
  3. Define Scope
  4. Needs Assessment
Correct Answer

Q10. You are managing a project and find you need to apply resource leveling. Which of the following tools can help you identify resources that are overallocated?

  1. Resource Assignment Matrix
  2. Network diagram
  3. Resource Histogram
  4. Resource Breakdown Structure
Correct Answer








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