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Project Management Question Bank
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Question:

Due to corporate restructuring, the project sponsor, a major stakeholder, and the CEO have level the company. The project manager’s project is past the halfway point and the remaining members of the management team have been lukewarm toward the project. The new CEO does not place a high value on project management methodology, and the project team is nervous about its future. Under these circumstances, what is the project manager’s primary responsibility?
  1. Try to determine if the tea should continue to work on the project.
  2. Ensure that a conflict of interest does not compromise the legitimate interests of the customer.
  3. Interact with others in a professional manner while completing the project.
  4. Provide accurate and truthful representations in all project reports.






Q2. Which statement is TRUE of quality planning?

  1. Quality planning should be performed regularly throughout the project
  2. Quality planning is done to compile a risk response plan
  3. Quality planning is done only during development of a project management plan
  4. Quality planning is not considered during project executing.
Correct Answer

Q3. A project manager has just started planning his project. If he has only limited information about the project, he should use the following technique to estimate the duration for each activity using historical data from a similar project:

  1. Four-point estimating
  2. Three-point estimating
  3. Analogous estimating
  4. Parametric estimating
Correct Answer

Q4. 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

Q5. If the project's current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project?

  1. The cost variance is $1.05
  2. The cost variance is $5,000
  3. The cost variance is $0.95
  4. The cost variance is $-5,000
Correct Answer

Q6. A system development project is nearing project closing when a previously unidentified risk is discovered. This could potentially affect the project’s overall ability to deliver. What should be done NEXT?

  1. Alert the project sponsor of potential impacts to cost, scope, or schedule
  2. Qualify the risk
  3. Mitigate this risk by developing a risk response plan
  4. Develop a workaround.
Correct Answer

Q7. At a division project status meeting, all attendees receive a dashboard of cost metrics for each project, and each project manager is presenting the status of his or her project. The metrics for one project show a BAC of $1100, an EV of $998, and an EAC of $1099. However, the project manager is reporting an ETC of $354. What do you do?

  1. Notify the appropriate management there is a calculation error
  2. Do nothing
  3. Advise the project manager to take the additional funds from her project contingency budget
  4. Congratulate the project manager for being under budget
Correct Answer

Q8. A project manager’s project has just been dropped to a lower priority on the list on his department’s prioritize projects. It would be BEST for the project manager to:

  1. Let the customer know that the project schedule will need to slip.
  2. Use some of the management reserve to accommodate the change.
  3. Start cutting wok packages.
  4. Gain more resources.
Correct Answer

Q9. You are the Project Manager and are responsible for the development of a mall. As with any construction project, there will be multiple iterations of blueprints and engineering drawings. Therefore, you have decided to create an online database that can be used to query the documents by name, type, date, etc. This is an example of what type of communication tool?

  1. Project Management Information System
  2. Lessons Learned
  3. Project Records
  4. Configuration Management System
Correct Answer

Q10. A control chart is used to determine whether a process is stable or has predictable performance. When a process is within acceptable limits, the process does not need adjustment. How are these upper and lower control limits determined?

  1. Statistical calculations
  2. Variance analysis
  3. Pareto chart
  4. ROM estimate
Correct Answer








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