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Project Management Question Bank
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Question:

What does it mean if the Earned Value is equal to Actual Cost?
  1. Schedule Variance Index is 1
  2. Project is on budget and on schedule
  3. There is no cost variance
  4. There is no schedule variance






Q2. You have just received an invoice from your supplier that contains some uncertified items. Payments to the supplier are processed through your corporate accounts payable system only after certification of satisfactory work by the project quality control specialist. What should you do?

  1. Process the supplier’s invoice since this is your liability
  2. Call the supplier and obtain more information
  3. Ask the supplier to stop all deliveries until the matter has a resolution
  4. Seek judicial arbitration
Correct Answer

Q3. The primary customer of a project has requested an application change during user testing. As project manager, how should you BEST address this issue?

  1. Develop a risk mitigation plan.
  2. Create a formal change request.
  3. Inform the project sponsor of changes to scope, cost and schedule.
  4. Ensure the scope change compies with all relevant contractual provisions.
Correct Answer

Q4. For your project, you have broken down the work package into activities and just now completed the network diagram. Which process is this?

  1. Develop schedule
  2. Sequence activities
  3. Define schedule
  4. Create WBS
Correct Answer

Q5. Which of the following is a chief characteristic of the Delphi technique?

  1. Extrapolation from historical records from previous projects
  2. Expert opinion
  3. Analytical hierarchy process
  4. Bottom-up approach.
Correct Answer

Q6. A stakeholder wants to make a change to the work breakdown structure that does NOT affect the time or cost of the project. What is the BEST thing to do?

  1. Tell the stakeholder that this change cannot be made without revising the project management plan.
  2. Make the change.
  3. Meet with management.
  4. Look for other impacts on the project.
Correct Answer

Q7. Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase?

  1. Procurement administrator
  2. Project coordinator
  3. Project manager
  4. Project sponsor
Correct Answer

Q8. You are managing the project when you discover an estimated completion date will occur after the desired date. What should you do FIRST?

  1. Add resources to the project.
  2. Evaluate the possibility of doing more activities in parallel.
  3. Negotiate for more time
  4. Explain to the customer that the project cannot be done on schedule.
Correct Answer

Q9. Which of these is not an Enterprise environmental factor that can influence the Plan Resource Management process?

  1. Organizational culture
  2. Lessons learned on organizational structures
  3. Marketplace conditions
  4. Facilities and resources
Correct Answer

Q10. A project manager is taking over a project from another project manager during the planning process group. If the new project manager wants to see what the previous project manager planned for managing changes to the schedule, it would be BEST to look at the:

  1. Communications management plan
  2. Update management plan
  3. Staffing management plan
  4. Schedule management plan 71
Correct Answer










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