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Project Management Question Bank
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Question:

What risk management process MOST affects the project management plan?
  1. Identify Risks
  2. Perform Qualitative Risk Analysis
  3. Plan Risk Responses
  4. Control Risks






Q2. You are a project manager on a $7,000,000 software development project. While working with your project team to develop a network diagram, you notice a series of activities that can be worked in parallel but must finish in a specific sequence. What type of activity sequencing method is required for these activities?

  1. Precedence diagramming method
  2. Arrow diagramming method
  3. Critical path method
  4. Operational diagramming method
Correct Answer

Q3. The sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The buyer points out that the performing organization spent a lot of money hiring a design team to come up with the design. The project manager is concerned that the risk for the buyer be as small as possible. An advantage of a fixed price contract for the buyer is:

  1. Cost risk is lower
  2. Cost risk is higher
  3. There is little risk
  4. Risk is shared by all parties.
Correct Answer

Q4. Complex projects usually demand preparation and distribution of periodic project performance reports. The contents of performance reports are usually determined early and documented in the project communications management plan. Which of the following is least likely to be a section on a work performance report?

  1. Analysis of project forecasts
  2. Current status of risks and issues
  3. Stakeholder engagement strategy
  4. Reserve burn down charts
Correct Answer

Q5. A rough order of magnitude estimate is made during which project management process group?

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

Q6. When it comes to change, the project manager’s attention is BEST spent on:

  1. Making changes
  2. Tracking and recording changes
  3. Informing the sponsor of changes
  4. Preventing unnecessary changes
Correct Answer

Q7. You have recently joined a new company as a project manager. While reviewing the procurement plans for a project you will be taking over, you see that the company is considering using one of the most expensive manufacturers to provide certain equipment required for the project. At your previous employer, you had used a different supplier for the same equipment and had paid significantly less. Without telling your boss, you now call that supplier for a quote. Have you violated the rule of keeping proprietary information confidential?

  1. Maybe. You need to talk to your boss first.
  2. No. There is no harm in sharing the information with your current employer, because you are no longer working for your old employer.
  3. Yes. The supply source is proprietary information, and you should not contact the supplier.
  4. You have not violated any rule.
Correct Answer

Q8. The project manager is looking at the project’s resource needs and lessons learned from past projects. This information causes the project manager to be concerned about the ability to acquire enough resources from the project in six months. Which of the following would be the LEAST effective preventive action?

  1. Make sure functional managers have a copy of the resource histogram
  2. Show the sponsor the data, and explain the project manager’s concern
  3. Determine metrics to use as an early warning sign that resources will not be available.
  4. Ask functional managers for their opinions.
Correct Answer

Q9. From the project perspective, quality attributes:

  1. Determine how effectively the performing organization supports the project.
  2. Provide the basis for judging the project’s success or failure
  3. Are specific characteristics on which a product is designed and tested.
  4. Are objective criteria that must be met.
Correct Answer

Q10. You work at a software company that authors Material Safety Data Sheets (MSDS) for chemical companies. Prior to releasing the MSDS to the company, you have created a list of items for review to ensure they appear in the document. These items include chemical name, CAS#, protection required, what to do in an emergency, etc. This list is an example of what type of tool?

  1. Checklist
  2. Process Improvement Plan
  3. Quality Management Plan
  4. Quality Metrics
Correct Answer










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