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Project Management Question Bank
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Question:

A storm has damaged the manufacturing facility that is under construction as part of your project. You have just discovered that although the project risk management plan mandated that the facility have insurance against damage and loss, this policy was never acquired, and the project budget must cover the losses. Who is at fault?
  1. The risk manager
  2. The project manager
  3. The facilities manager
  4. The construction crew






Q2. You have always been asked by your management to cut your project estimate by 10 percent after you have given it to them. The scope of your new project is unclear and there are over 30 stakeholders. Management expects a 25 percent reduction in downtime as a result of the project. Which of the following is the BEST course of action in this situation?

  1. Re-plan to achieve a 35 percent improvement in downtime
  2. Reduce the estimates and note the changes in the risk response plan
  3. Provide an accurate estimate of the actual costs and be able to support your estimate
  4. Meet with the team to identify where you can find 10 percent savings.
Correct Answer

Q3. Which of the following actions decreases the risk of the project failing to meet its goals and objectives?

  1. Discouraging changes to the initial project scope
  2. Acquiring more than required resources
  3. Active management of stakeholders
  4. Fast-tacking the project schedule to finish the project before deadline
Correct Answer

Q4. A rough order of magnitude estimate is made during which project management process group?

  1. Planning
  2. Closing
  3. Executing
  4. Initiating
Correct Answer

Q5. A project manager is considering various classification methods to share information among project stakeholders. Which of the following correctly classifies the different methods used?

  1. Pull communication—Meetings; Push communication—Newsletters; Interactive communication—E-learning repository
  2. Interactive communication—Meetings; Push communication—E-learning repository; Pull communication—Newsletters
  3. Push communication—Meetings; Pull communication—Newsletters; Interactive communication—E-learning repository
  4. Interactive communication—Meetings; Push communication— Newsletters; Pull communication—E-learning repository
Correct Answer

Q6. You are a project manager leading a cross-functional project team in a weak matrix environment. None of your project team members report to you functionally and you do not have the ability to directly reward their performance. The project is difficult, involving tight date constraints and challenging quality standards. Which of the following types of project management power will likely be the MOST effective in this circumstance?

  1. Referent
  2. Expert
  3. Penalty
  4. Formal
Correct Answer

Q7. A number of deliverables were submitted to the buyer as part of a project. Where would the project manager find documentation on the requirements for formal deliverable acceptance and on how nonconforming deliverables can be addressed?

  1. In the SOW
  2. In the lessons-learned document
  3. In the deliverable release note
  4. In the agreement
Correct Answer

Q8. At the beginning of the project, a project manager realized the technical expertise of the team was limited, a risk to the project. Midway through the project, the project manager decided that this was no longer a risk and considered it outdated. As part of which process would he do the risk reassessment?

  1. Perform Qualitative Risk Analysis
  2. Perform Quantitative Risk Analysis
  3. Perform Risk Assessment
  4. Monitor Risks
Correct Answer

Q9. A project team is worried that the integration of the components of the project will result in uncovering flaws. Instead of continuing their work, they are constantly looking for flaws to try to prevent their system from being the only one found o have flaws during integration. Quality and technical experts were called in to advise and found little possibility of errors for this project. An agreement was reached by all parties on what will be done to prevent errors. It might be BEST for the project manager to:

  1. Smooth the situation
  2. Compromise the situation
  3. Tell the team to create quality testing plans
  4. Let management know of the concern.
Correct Answer

Q10. If the team cannot identify a suitable response to identified risk, which risk response strategy, would they apply?

  1. Transference.
  2. Acceptance.
  3. Mitigation.
  4. Avoidance
Correct Answer










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