IRGST

Home Question Bank Online Exams Job Interview Q&A Job Description How To Quotes and Sayings Articles Jobs In Mirrors Personality Types About Contact Us Sign in/up

Project Management Question Bank
for Exam preparation

Select Knowledge area

Question:

In a small office construction project, the following activities are scheduled in sequence. i) Digging and pouring footings: five days. ii) Working on the slab and pouring: three days. iii) Framing the floor: five days. iv) Wall framing: four days. v) Roof framing: six days. vi) Insulation and drywall: seven days. vii) Interior doors and trim: three days. viii) Hardware and fixtures: two days. What is the minimum time to complete the project if all activities are on a critical path except activity viii, and activity iii is delayed by one day?
  1. 32 days
  2. 33 days
  3. 34 days
  4. 35 days






Q2. You are tracking your project using earned value management (EVM), and find you are behind schedule but under budget. Your variances show schedule variance (SV) = US $50 million, cost variance (CV) =$100 million, and your actual costs are US $500 million. What are the CPI, PV, and SPI?

  1. 1.20, $100 million, 0.92
  2. 0.92, $550 million, 1.20
  3. 0.92, $650 million, 1.08
  4. 1.20, $650 million, 0.92
Correct Answer

Q3. One of the project objectives for your company was to acquire additional expertise completing a large scale design project. The project is mostly completed when your client terminates the contract. A change in their business means the work is no longer needed. What is the MOST effective thing to do?

  1. Stop work immediately
  2. Complete the project, but do not charge the client for the time
  3. Tell the client that work will stop after it is completed
  4. Move on to the Close Project or Phase process
Correct Answer

Q4. The role of each stakeholder is determined by:

  1. The stakeholder and the sponsor.
  2. The project manager and the sponsor.
  3. The team and the project manager.
  4. The project manager and the stakeholder.
Correct Answer

Q5. To develop a project stakeholder engagement plan, seek knowledge from groups or individuals with specialized training or subject matter insight into the relationships within the organization. In PMBOK jargon, what is this technique called?

  1. Professional verdict
  2. Consultation
  3. Expert judgment
  4. Sage opinion
Correct Answer

Q6. You open a new hotel in Malaysia. You are new to this area and do not have experience in catering services. You are discussing whether you should provide your own catering service for your customers or to outsource it from another caterer who is experienced. They are guaranteeing their service and ready to accept a fine if they fail to serve your customers in a timely manner. Since their offer is lucrative, you decline starting your own catering service for customers and accept their offer. What kind of risk response strategy is this?

  1. Accept
  2. Avoid
  3. Transfer
  4. Exploit
Correct Answer

Q7. Lucy is managing a website development project in an agile environment. She wants to create a burndown chart to present the project’s progress to the stakeholders. She adds a diagonal line representing the ideal burndown and a line for daily actual remaining work. She now needs to show the likely variance at the iteration completion. What should she do?

  1. Add a forecast trend line to the ideal burndown line
  2. Add a correlation line between the daily actual remaining work and the ideal burndown
  3. Add a forecast trend line to the daily actual remaining work
  4. Add a median line between the daily actual remaining work and the ideal burndown
Correct Answer

Q8. Laurence is the PMO manager at ANZ Company. The CEO of the company asked Laurence to review the business requirements and develop the current year’s capital management plan. The capital management plan will outline the key business deliverables (capital projects) and will go to the board for final approval. Which of the following organizational artifacts should Laurence review to analyze the business requirements for the current fiscal year?

  1. Lessons Learned
  2. Capital budget for the current year
  3. Organizational Process Assets
  4. Organizational Strategy
Correct Answer

Q9. You are planning a project. The functional managers will not commit any particular people to your project, because it will not begin for a few months. All of the following methods could be used to handle this situation EXCEPT:

  1. Use the average productivity factor for each department.
  2. Use the average daily rate of the resource in each department times the number of resource needed of each resource type.
  3. Use the results of the Delphi Technique for the number of hours.
  4. Use the average probability of successful completion multiplied by the number of resource needed each day.
Correct Answer

Q10. A project manager is using weighted average duration estimates to perform schedule network analysis. Which type of mathematical analysis is being used?

  1. Critical path method
  2. PERT
  3. Monte Carlo
  4. Resource leveling
Correct Answer










User Agreement| |Privacy Policy