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Project Management Question Bank
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Question:

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






Q2. A project manager is in the middle of the executing process of a very large construction project when he discovers that the time needed to complete the project is longer than the time available. What is the BEST thing to do?

  1. Cut product scope
  2. Meet with the management and tell them that the required date cannot be met
  3. Work overtime
  4. Determine options for schedule compression and present management with his recommended option.
Correct Answer

Q3. A technique that enhances brainstorming with a voting process used to rank the most useful ideas so they can be taken up for further brainstorming is:

  1. Six thinking hats
  2. Nominal group technique
  3. Affinity diagram
  4. Mind mapping
Correct Answer

Q4. You are managing a project. An audit team wants to know where they can find information on training plans for the project team members and certification requirements. This are in the:

  1. Resource Breakdown Structure
  2. Staff Release Plan
  3. Resource Management Plan
  4. Communications Management Plan
Correct Answer

Q5. You see an opportunity if you complete the project ahead of time: you may get a new project. Therefore, you try to complete the project early, but due to lack of resources, you are only able to shorten the duration of a few activities by starting the parallel or partially-parallel. Which risk response strategy are you employing here?

  1. Exploit
  2. Mitigate
  3. Enhance
  4. Accept
Correct Answer

Q6. A scope change has been approved by the change control board. Which of the following MUST be impacted?

  1. The early start date of the activities later in the network diagram
  2. The cost of the project
  3. The expected monetary value of project risks
  4. The number of resources used on the project
Correct Answer

Q7. Which chart allows a project manager to indicate the number of resources used each month?

  1. Responsibility assignment matrix
  2. Resource histogram
  3. Project organizational chart
  4. Pareto chart.
Correct Answer

Q8. You have recently taken over a project as the project manager. The project is midway through execution, and most of the project work has been subcontracted. You have just found out that one of the subcontractors, who was responsible for all demolitions, has been paid 50 percent of the subcontracted value, but he has delivered only 25 percent of the required works. Upon investigation, you learned that all the payments are in line with the signed contract between the two parties and the subcontractor’s work is compliant with the contract specifications. You are annoyed because this does not give you enough control over the subcontracted works. Which of the following is not an appropriate thing to do at this stage?

  1. Document the story as a lesson learned
  2. Continue with the arrangement
  3. Discuss your concerns with appropriate stakeholders so that this mistake is not repeated
  4. Terminate the contract unless there is a violation of the contract
Correct Answer

Q9. You were recently appointed as a project manager in an organization. You are well recognized in the organization because of your connection with management, and team members obey you because of this relationship. What kind of power do you possess here?

  1. Relational power
  2. Punishment power
  3. Expert power
  4. Reward power
Correct Answer

Q10. What is the MAIN reason for controlling the project scope?

  1. To enable scope creep
  2. To prevent changes from affecting the project
  3. To ensure timely closure of the project
  4. Preventing scope creep
Correct Answer










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