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Project Management Question Bank
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Question:

An organization wishes to ensure that the opportunity arising from a risk with positive impact is realized. This organization should:
  1. Exploit the risk
  2. Mitigate the risk
  3. Accept the risk
  4. Avoid the risk






Q2. Which of these is not a component of the scope baseline that is contained in the project management plan?

  1. Work Breakdown Structure (WBS)
  2. Requirements documentation
  3. WBS Dictionary
  4. Project Scope Statement
Correct Answer

Q3. Which of these is an input to the Monitor Risks process?

  1. Risk audits
  2. Change requests
  3. Work performance information
  4. Work Performance Reports
Correct Answer

Q4. Which of the following statements regarding team-building is correct?

  1. Team-building is essential during the middle of a project, and from there it is an ongoing process.
  2. Team-building is essential during the end of a project, and it is a one-time process.
  3. Team-building is essential during the end of a project, but it is an ongoing process.
  4. Team-building is essential during the front end of a project, but it is an ongoing process.
Correct Answer

Q5. Rina and Gimo are the senior developers in a website development project. They have argued about the best web design product to use in developing the new website. As the project manager, you use a forcing approach to make a decision and reduce the conflict. What is the main characteristic of this approach?

  1. Forcing to close the project
  2. Highlighting areas of agreement rather than areas of disagreement
  3. Asserting one‘s viewpoint at the expense of others
  4. Withdrawing from the actual conflict
Correct Answer

Q6. You work in a matrix organization when a team member comes to you to admit he is having trouble with his activity. Although not yet in serious trouble, the team member admits he is uncertain of how to perform part of the work on the activity. He suggests a training class available next week. What should you do?

  1. Switch to a trained resource to avoid the cost
  2. Determine if anyone else needs training
  3. Get money from the team member’s functional department budget
  4. Get money from the project budget
Correct Answer

Q7. Who has the cost risk in a fixed price (FP) contract?

  1. The team
  2. The buyer
  3. The seller
  4. Management
Correct Answer

Q8. Project reports are a method to:

  1. Plan communications.
  2. Distribute information.
  3. Report performance.
  4. Manage resources.
Correct Answer

Q9. Which of the following tools helps in determining the gaps between the current and desired stakeholder engagement levels?

  1. Stakeholder register
  2. Monte Carlo analysis
  3. Stakeholder engagement assessment matrix
  4. Fishbone diagram
Correct Answer

Q10. Who should be responsible for defining project objectives?

  1. Project manager
  2. Sponsor
  3. Project management team
  4. Stakeholders
Correct Answer










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