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Project Management Question Bank
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Question:

20 percent of the work was completed in a project. At this stage, the project manager determined that the budget at completion (BAC) was no longer viable and developed a forecasted estimate at completion (EAC). What index can the project manager use to look at the calculated projection of cost performance that must be achieved on the remaining work?
  1. Schedule Performance Index (SPI)
  2. Cost Performance Index (CPI)
  3. Cost Variance (CV)
  4. To-Complete Performance Index (TCPI)






Q2. A project manager wants to make sure his plans for meeting the training needs of resources, and plans for releasing resources are complete. All of the following are inputs to this activity EXCEPT:

  1. Enterprise environmental factors
  2. Historical information
  3. Project organizational charts
  4. Activity resource requirement.
Correct Answer

Q3. The list of identified risks is found in the risk register. However, the overall high-level project risks is first listed in the:

  1. Scope statement
  2. Requirement document
  3. Project charter
  4. Risk management plan
Correct Answer

Q4. A manager asked to see a list of milestones in the project. This would be available as an output from the:

  1. Sequence Activities process
  2. Define Scope process
  3. Estimate Activity Durations process
  4. Define Activities process
Correct Answer

Q5. Which of the following would be the BEST project to select?

  1. A project that will take six years to complete and has an NPV of $45,000
  2. A project that will take three years to complete and has an NPV of $85,000
  3. A project that will take eight years to complete and has an NPV of $30,000
  4. A project that will take 10 years to complete and has an NPV of $60,000
Correct Answer

Q6. Which of the following is done during the Create WBS process?

  1. Product analysis
  2. Project selection
  3. Decomposition
  4. Alternatives identification
Correct Answer

Q7. Which of these are not inputs to the Determine Budget process?

  1. Cost baseline, requirements traceability matrix
  2. Scope baseline, agreements
  3. Basis of estimates, cost estimates
  4. Risk register, resource management plan
Correct Answer

Q8. Nancy’s project has a large number of key positive and negative stakeholders. To ensure the project’s success, it is essential to manage the influential negative stakeholders closely. Do the key positive stakeholders need to be managed, too?

  1. No; more attention needs to be given to the key negative stakeholders.
  2. The positive stakeholders need to be closely managed, as well, since stakeholders’ needs and expectations change over time.
  3. Project stakeholders should not be classified as positive and negative stakeholders.
  4. Yes; positive stakeholders should be more closely managed than the negative stakeholders.
Correct Answer

Q9. What is a common result of poor project planning?

  1. Wasted effort
  2. Lost time
  3. Increased cost
  4. All of the above
Correct Answer

Q10. A fire has just destroyed a warehouse that was being constructed as part of a large project you are managing. What would have been the easiest way to ensure that this force majeure would not significantly impact the cost of the project?

  1. Reduce the impact of such risk by transference
  2. Reduce the probability that the event will take place
  3. Accept the risk
  4. Eliminate the threat by not building the warehouse.
Correct Answer








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