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Project Management Question Bank
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Question:

In which part of the cost management process is earned value (EV) used?
  1. Performance measurement analysis and variance management
  2. Forecasting and project performance reviews.
  3. Creating the cost baseline and the cost control system
  4. Reserve analysis and cost aggregation






Q2. The Cost Management Plan is an output of the Plan Cost Management process. This plan is then integrated with other project plans in which of these processes?

  1. Develop Project Management Plan
  2. Monitor and Control Project Work
  3. Perform Integrated Change Control
  4. Direct and Manage Project Work
Correct Answer

Q3. You are reviewing seller-prepared documents and quality audits are conducted during the seller’s execution of the work with an objective to identify performance success and failure. What process is this?

  1. Conduct Procurement
  2. Control Procurement
  3. Close Procurement
  4. Verify Scope
Correct Answer

Q4. Dave, a first-time project manager, was of the opinion that all training activities need to be planned. He discussed this with an experienced project manager who understood that some training was necessarily unplanned. Which of the following are good candidates for unplanned training?

  1. Training by observation, conversation, and project management appraisals
  2. Training by mentoring, on-the-job training, and online courses
  3. Training by conversation, coaching, and classroom training
  4. Training by mentoring, observation, and coaching
Correct Answer

Q5. The project charter is a document which initiates the project, establishes your authority and contains some high-level information. Which of the following information will not be included in the project charter?

  1. Project purpose
  2. High-level requirements
  3. High-level risks
  4. Name of the competitor
Correct Answer

Q6. You are in the middle of executing a major modification to an existing product when you learn that the resources promised at the beginning of the project are not available. The BEST thing to do is to:

  1. Show how the resources were originally promised to your project.
  2. Replan the project withour the resources.
  3. Explain the impact if the promised resources are not made available.
  4. Crash the project.
Correct Answer

Q7. Which of the following BEST describes what co-location does for the project?

  1. Saves cost
  2. Reduces communication problems
  3. Accelerates schedule
  4. Improves opportunities
Correct Answer

Q8. You have been assigned as a project manager of a new project to be executed out of New York. However, you determine the project requires a Global Positioning Systems expert who is not available within the company in New York. After doing a little checking, you determine that the company has an expert based in London who is suitable for the project. However, the London-based employee is not willing to relocate to New York for the project. In such a case:

  1. Write to the manager of the London-based employee and inform him that the employee needs to be convinced to relocate to New York due to project requirements.
  2. You look at the option of moving ahead with the project by using a virtual team.
  3. Manage the project without the key resource and flag this as a risk.
  4. Co-location of resources is a key factor for the success of projects. As per PMI guidelines, you cannot proceed with the project since the resources are not available in New York.
Correct Answer

Q9. A key output of Plan Resource Management is a list of project roles and responsibilities. What should this document include?

  1. Work packages, Effort, Authority, Duties
  2. Role, Responsibility, Authority, Risk
  3. Role, Title, Resource Cost, Responsibility
  4. Role, Authority, Responsibility, Competence
Correct Answer

Q10. As project manager, you scheduled a status update meeting. During the meeting, a problem developed, and the group discussed it. The day after the meeting, Kevin approached you and expressed his concern that the problem was not truly resolved. After thinking about it, he felt that his concerns were still valid and should be addressed. What conflict resolution method was likely used at the status meeting?

  1. Smoothing
  2. Forcing
  3. Withdrawal
  4. Collaboration
Correct Answer










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