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Project Management Question Bank
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Question:

Projects operating in agile environments where a high degree of uncertainty exists and where the scope is not yet fully defined, may not benefit from detailed cost calculations due to frequent changes. Instead, lightweight estimation methods can be used to generate a fast, high-level forecast of project labor costs, which can then be easily adjusted as changes arise. Detailed estimates are:
  1. Reserved for short-term planning horizons in a just-in-time fashion.
  2. Never developed in an agile project.
  3. Only developed if the project stakeholders allow the project manager to do so.
  4. Developed early during the project but are never updated due to frequent changes.






Q2. Who of the following has primary responsibility for establishing design and test specifications?

  1. Senior management
  2. Procurement
  3. Engineering
  4. Quality control
Correct Answer

Q3. You have recently finished an advanced project management training course your project budget paid for. Because the budget for your project is not large enough to train any other resources on the project, your manager has asked you to make copies of the course materials and distribute them to the rest of the staff. What do you do?

  1. Make the copies
  2. Provide a single copy of the materials
  3. Scan the materials and place them on the corporate intranet for easy access
  4. Refuse the request
Correct Answer

Q4. A project has three critical paths. Which of the following BEST describes how this affects the project?

  1. It makes it easier to manage
  2. It increases the project risk
  3. It requires more people
  4. It makes it more expensive 51
Correct Answer

Q5. You have just learned that one of your team members has not been adequately trained to complete project activities as assigned to him. How will you handle this situation?

  1. Replace this team member with someone more qualified
  2. Request proper training be provided and paid for by the functional manager
  3. Revise the schedule to account for the decreased effectiveness on this resource.
  4. Mentor this resource during the remainder of project duration.
Correct Answer

Q6. A problem occurs on an activity with free float and the project manager has extended its duration. What is MOST likely to be affected?

  1. Project duration
  2. Resource schedules
  3. Project scope management plan
  4. The latest start for the successor activity
Correct Answer

Q7. How can changes be made to a project management plan once the project manager baselines it?

  1. By generating a change request and having it approved through the Perform Integrated Change Control process.
  2. This is typically done by using a version control system. The project manager creates a new version with the changes and baselines it as the new baseline.
  3. This is done by maintaining a revision history or log. The project manager documents the changes in detail and then baselines it.
  4. A project management plan cannot be changed once it is baselined. An addendum has to be created to incorporate the changes.
Correct Answer

Q8. Recommended corrective actions result from which of the following?

  1. Cost aggregation
  2. Bottom-up estimating
  3. Reserve analysis
  4. Control costs.
Correct Answer

Q9. The Direct and Manage Project Work process has three tools and techniques. Two of them are Expert Judgment and Meetings. What is the third one?

  1. Scheduling System
  2. Configuration Management System
  3. Project Management Information System
  4. Change Control System
Correct Answer

Q10. Your project has a cost performance index (CPI) of 1.1, and a schedule performance index (SPI) of 1.03. All the deliverables to date have been completed to the customer’s satisfaction. Getting formal acceptance of the project management plan was difficult because the schedule was compressed beyond reason. Actvity B has float of 2 weeks, activity C has float of zero, activity D has zero float and activity E is being done by a new employee and has a float of 3 weeks. The hardest part of the project is about to start and even the project management office has asked you to increase your management oversight and report more often on the status of the project. In preparing your report you find out that the team member completing activity D reports a one day delay, the team member completing activity D reports that the material needed t o complete the activity has not arrived. The team member for activity B tells you his activity will be delayed by two days because the customer has delayed formal acceptance during the Validate Scope process. Another team member reports that the earned value-related trend report is favorable. What would you do if you were the project manager?

  1. Investigate why it was difficult to get formal acceptance of the project management plan and whether that problem added any risks to the project.
  2. Hold a meeting to walk through the upcoming difficult activities with those doing the work.
  3. Investigate the reason for the delayed material and the effect on the project
  4. Reassign resources from noncritical path activities to critical path activities and meet with the customer about activity B.
Correct Answer








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