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Project Management Question Bank
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Question:

Martin is the project manager of a project that is in an early phase. He needs to estimate costs but finds that he has a limited amount of detailed information about the project. Which of the following estimation techniques is least suited to his requirements?
  1. Top-down Estimating
  2. Bottom-up Estimating
  3. Analogous Estimating
  4. Budgetary Estimating






Q2. Kate has been asked to conduct the feasibility of a new CRM system. So far, the business has been relying on its traditional manual customer relationship management processes, but now it is struggling to keep up with the competition. In this scenario, the business’ requirement of acquiring a state-of-the-art CRM system to boost its customer relations management capabilities is an example of:

  1. Business requirements
  2. Functional requirements
  3. Non-functional requirements
  4. Project requirements
Correct Answer

Q3. The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work the project team will execute to accomplish the project objectives and create required deliverables. The Create WBS process falls under which knowledge area?

  1. Project Schedule Management
  2. Project Integration Management
  3. Project Scope Management
  4. Project Cost Management
Correct Answer

Q4. What should you do as a senior project manager if the PMP certification claimed by a recently recruited project manager does not appear in the PMI website?

  1. Advise your new recruit to complete his certification
  2. Report to the PMI
  3. Report to the sponsor
  4. Request more information from the new recruit
Correct Answer

Q5. A functional manager in your organization has recently filed a complaint against a junior project manager regarding his project management certification. The functional manager claims that the PMP certification claimed by the junior project manager is invalid and needs to be checked. What should be your response as a senior project manager?

  1. Report to PMI
  2. Suspend the junior project manager
  3. Ask your project manager to provide evidence for his/her PMP certification
  4. Ask your functional manager to provide evidence for his argument
Correct Answer

Q6. You have advertised in several newspapers to inform interested contractors to apply for a bid for some of your procurement needs. Which process are you currently in?

  1. Plan procurement management
  2. Conduct procurement
  3. Control procurement
  4. None of the above
Correct Answer

Q7. There are numerous ways to share information among project stakeholders. Which of the following is the most efficient communication method?

  1. Push communication
  2. Interactive communication
  3. Pull communication
  4. Manual communication
Correct Answer

Q8. There is a probability of 0.1 that a given risk will occur in a project. If it occurs, it will result in a loss of US $10,000. The insurance cost for this event is US $700, with a deductible amount of US $250. Should a rational project manager buy this insurance?

  1. Yes, since $1,000 > $950.
  2. Yes, since $1,000 > $700.
  3. No, since the deductible amount changes the expected monetary value of the risk event.
  4. No, since $1,250 > $1,000.
Correct Answer

Q9. All of the following are examples of the cost of non-conformance EXCEPT:

  1. Scrap
  2. Warranty costs
  3. Rework
  4. Quality training
Correct Answer

Q10. Work Performance Data is an important input to the Control Procurements process. Which of the following is not a component of Work Performance Data?

  1. Data regarding supplier’s conformance to quality standards
  2. Data on completed deliverables
  3. Data regarding incurred or committed costs on each supplier contract
  4. Data on supplier invoices and respective payments
Correct Answer










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