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Project Management Question Bank
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Question:

During a project, a team member tells you that a major risk identified by the team has occurred. However, it is not as serious as previously thought. What is the FIRST thing you should do?
  1. Increase the quality standard
  2. Present this finding to the project team and ask them to verify the team member’s finding
  3. Investigate changing the contingency plan
  4. Notify management






Q2. You call your team member and give some instructions. She receives your message and gives her feedback. What is the role of the team member in this conversion?

  1. Sender
  2. Receiver
  3. Medium
  4. None of the above
Correct Answer

Q3. The Code of Ethics and Professional Conduct has as its foundation four values identified by practitioners from the global project management community. They are:

  1. Respect, fairness, transparency, and freedom
  2. Responsibility, transparency, fairness, and honesty
  3. Respect, freedom, honesty, and transparency
  4. Responsibility, respect, fairness, and honesty
Correct Answer

Q4. Based on the chart, if you needed to shorten the duration of the project, which activity would you to shorten?

  1. Activity B
  2. Activity D
  3. Activity H
  4. Activity C 39
Correct Answer

Q5. Your project team has identified dependencies on six related projects that are providing major deliverables to your project. Some of these projects have a very similar scope and may overlap with your deliverables. In light of this, which of the following processes should you be MOST concerned about?

  1. Control Scope
  2. Verify Scope
  3. Plan Risk Responses
  4. Plan Communications.
Correct Answer

Q6. Which of the following methods is used to provide a standard to measure performance?

  1. Benchmarking
  2. Sampling
  3. Estimating
  4. Leveling
Correct Answer

Q7. Negotiations between two parties are becoming complex, so Party A makes some notes that both parties sign. However, when the work is being done, Party B claims that they are not required to provide an item they both agreed to during negotiations, because it was not include in the subsequent contract. In this case, Party B is:

  1. Incorrect, because both parties must comply with what they agreed upon.
  2. Correct, because there was an offer
  3. Generally correct, because both parties are only required to perform what is in the contract
  4. Generally incorrect, because all agreements must be upheld.
Correct Answer

Q8. A project is 50 percent complete when a schedule constraint is identified. Which of the following should be done FIRST?

  1. Revisit all activities that have not yet started
  2. Use a simulation technique such as Monte Carlo analysis, to calculate a distribution of probable results of the total project.
  3. Rebaseline the project management plan to determine impacts on schedule, cost, and scope.
  4. Level resources on the remaining activities to determine resource variances.
Correct Answer

Q9. You are estimating the cost for your project by using historical data and applying it to your project, such as the cost of painting per square foot. Which technique are you using here?

  1. Bottom up
  2. Top down
  3. Analogous
  4. Parametric
Correct Answer

Q10. Which of the following is not a Risk Diagramming technique?

  1. Influence diagrams
  2. Control charts
  3. Decision trees
  4. Tornado diagram
Correct Answer








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