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Project Management Question Bank
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Question:

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.






Q2. Analogous estimating:

  1. Uses bottom-up estimating techniques
  2. Is used most frequently during the executing processes o the project.
  3. Use top-down estimating techniques
  4. Uses actual detailed historical costs
Correct Answer

Q3. Upon obtaining the project charter, the Project Manager of a project starts acquiring the project team immediately. Is this correct?

  1. Yes. Acquisition of the project team is primarily an Initiating Process Group activity.
  2. Yes. The project manager needs to get the team together as soon as the project starts.
  3. No. It is the responsibility of the project sponsor to provide the team for execution.
  4. No. Acquisition of the project team is primarily an Executing Process Group activity.
Correct Answer

Q4. Two of your team members are having conflicts about their roles and responsibilities. In attempting to resolve this conflict you ask them to refer to the responsibility assignment matrix. Which of the following statements is not true about the responsibility assignment matrix?

  1. It shows the individual responsibilities for each activity
  2. It helps you rank risks
  3. RACI is an example of RAM
  4. It shows resources assigned to each work package
Correct Answer

Q5. The BEST method to control costs is to:

  1. Estimate at the beginning of the project and then check costs against the baseline
  2. Estimate during the execution of the project and then manage each activity to the budget.
  3. Estimate during planning and then re-estimate before each activity begins
  4. Estimate during the initiation of the project and have management confirm the estimates.
Correct Answer

Q6. Jim is managing a road network design project for a government agency. He is currently performing the Plan Stakeholder Engagement process for the project. Which of the following documents will provide the list of project stakeholders to Jim for this process?

  1. Organizational process assets
  2. Enterprise environmental factors
  3. Stakeholder register
  4. Project management plan
Correct Answer

Q7. An identified risk occurred during the execution phase and the risk owner implemented the risk response plan. The impact of the risk was higher than the planned impact and the risk response plan was not effective. So, you ask the risk owner to implement the fallback plan to contain the situation. To implement the fallback plan, which reserve is most likely to be utilized?

  1. Contingency reserve
  2. Management reserve
  3. Cost reserve
  4. None of the above
Correct Answer

Q8. A project manager calls you in as a consultant to provide input on developing the Project Charter. According to the PMBOK, your contribution to the project could best be termed as:

  1. Professional Consultant
  2. Expert Judgment
  3. Charter Consultant
  4. Expert Consultancy
Correct Answer

Q9. A list of risks for additional study is an output of:

  1. Identify risks
  2. Plan risk management
  3. Perform Qualitative Risk Analysis
  4. Perform Quantitative Risk Analysis.
Correct Answer

Q10. Which process is MOST responsible for managing changes to the schedule components of the Project Management Plan?

  1. Control Schedule
  2. Create WBS
  3. Develop Project Management Plan
  4. Develop Schedule
Correct Answer










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