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Project Management Question Bank
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Question:

The project has 13 team members and affects over 15 departments in the organization. Because the project is 20 percent complete to date and the team has had successful performance reports from five of the affected departments, the project manager holds a party to celebrate. The project manager invites key stakeholders from all of the departments to the party, in order to give those providing good reviews an informal opportunity to communicate good things to those departments that have not yet been affected by the project. At the party, the project manager walks around to try to discover any relevant information that would help the project be more successful. He happens to hear a manager of one of the departments talking about setting up more regular meetings on the project. The BEST thing for the project manager to do would be to FIRST:
  1. Record the effectiveness of the part in the project lessons learned.
  2. Review the information distribution methods on the project.
  3. Hold a meeting of all the stakeholders to discuss their concerns.
  4. Make sure the manager has a copy of the communications management plan so he is reminded that such concerns should be sent to the project manager.






Q2. The cost performance index (CPI) of a project is 0.6 and the schedule performance index (SPI is 0.71. The project has 625 work packages and is being completed over a four-year period. The team members are very inexperienced and the project received little support for project planning. Which of the following would be the BEST thing to do?

  1. Update risk identification and analysis.
  2. Spend more time improving the cost estimates.
  3. Remove as many work packages as possible.
  4. Reorganize the responsibility assignment matrix.
Correct Answer

Q3. Although the business value is unique to each organization, each organization strives to attain business value for its activities. Which of the following does NOT create value for an organization?

  1. Escalation of commitment on projects involving significant sunk cost
  2. Effective management of ongoing operations
  3. Strategic alignment of project objectives
  4. Successful management of nonprofit business-related activities
Correct Answer

Q4. An activity needs more time because an identified risk has occurred. The project manager determines that there is enough reserve to accommodate the change. Who needs to approve the change?

  1. Management
  2. Project manager
  3. Team member
  4. Functional manager
Correct Answer

Q5. Midway through a project, a project manager determined the project was running far behind schedule. If the project manager needs to shorten the project schedule without changing the project scope, which of the following schedule compression techniques could he use?

  1. Crashing
  2. Reserve Analysis
  3. Forecasting
  4. Last Tracking
Correct Answer

Q6. What does “resource leveling” mean in project management?

  1. Shortening the time it takes to complete the project
  2. Making the most efficient use of the available resources
  3. Hiring contractors to fill in during “peak” times on the project schedule
  4. Reducing the project costs
Correct Answer

Q7. Few project managers collect lessons-learned information throughout the project’s life. Most tackle this in the final days of the project or, worse, after the project is complete. What is the negative consequence of this approach?

  1. It makes compiling and obtaining project information difficult.
  2. It might result in further expenses on the project.
  3. The project’s NPV becomes zero.
  4. It requires hiring a specialist to do the job.
Correct Answer

Q8. Nate is the project manager for a research and development project. According to the project communication management plan, Nate has to call in weekly project progress update meetings. The last few meetings were a disaster since more time was spent in arguments and less on decisions. Which of the following techniques does Nate need to quickly acquire?

  1. Presentation techniques
  2. Listening techniques
  3. Writing style
  4. Meeting management techniques
Correct Answer

Q9. A project manager is worried about the costs on the project. There is a lot of rework, and scrap and inventory costs are rising. If you were a mentor to this project manager, what is the BEST advice you could offer?

  1. Such effects are the nature of the project and not to worry
  2. Improve quality training and throw a milestone party
  3. Look at sunk costs
  4. Look at marginal costs.
Correct Answer

Q10. Which of the following is true about risks?

  1. The risk register documents all the identified risks in detail.
  2. Risk impact should be considered, but probability of occurrence is not important.
  3. Risks always have negative impact and not positive.
  4. Risk Response Plan is another name for Risk Management Plan.
Correct Answer








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