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Project Management Question Bank
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Question:

The technique of comparing actual or planned project practices to those of other projects to generate ideas for improvement and to provide a basis by which to measure performance is known as:
  1. Workbench
  2. Benchmarking
  3. Quality control
  4. Dependency






Q2. Which of the following is not an organizational process asset used during the Plan Resource Management process?

  1. Template for resource management plan
  2. Resource management policies and procedures
  3. Historical information about previous projects
  4. Standardized stakeholder list
Correct Answer

Q3. If you are working on a project where there is no definite detailed scope, but there are similar projects in the past, what is the correct Estimate Activity Durations tool to use?

  1. Analogous Estimating
  2. Parametric Estimating
  3. Critical Path Estimation
  4. Three Point Estimating
Correct Answer

Q4. You are a senior project manager working for RETAMART, a retail shopping network that sells various consumer products. As part of the expansion plan approved by the board of directors, you are a project manager for a new plant. Due to transportation problems, the project has experienced delays; the Schedule Performance Index (SPI) is at 0.6 and the Cost Performance Index (CPI) is at 0.7. However, you expect some improvements over the next few weeks, which may increase the SPI to 1.1 and the CPI to 0.9. Which of the following statements is true if your anticipated changes materialize?

  1. The project is overspent and behind schedule
  2. The project is overspent but ahead of schedule
  3. The project is on schedule and under budget
  4. The project is under budget but behind schedule
Correct Answer

Q5. A project manager has just been assigned to a project that has been in progress for two months when a team member requests more time on an activity he is working on. The project manager discovers that the only impact to the project will be a delay on a noncritical path activity. The customer has emphasized the importance of completing the project on schedule. What should the project manager do NEXT?

  1. Submit the information to the change control board, determine if this event might impact the team member’s future work, inform the team member of the board’s decision
  2. Ask the team member why they need more time, begin integrated change control, adjust the project schedule as needed
  3. Look for impacts to quality, cut unneeded scope from the project, ask for more resources
  4. See if any stakeholders object to the change, calculate the exact impact on the project, look at removing this resource from the project
Correct Answer

Q6. Which of the following are GENERALLY illustrated BETTER by bar charts than network diagrams?

  1. Logical relationships
  2. Critical paths
  3. Resource trade-offs
  4. Progress or status.
Correct Answer

Q7. The sponsor of your facilities upgrade project has left the company to join another organization. Several weeks later, you are reviewing the business case for the project, and you find that there are several inconsistencies between what is stated in the business case and what is described in the project scope. Further research shows that the business case as a whole is based on inaccurate information. What do you do?

  1. Notify your project stakeholders immediately
  2. Add this to the risk log
  3. Update the requirements
  4. Call the sponsor for clarification
Correct Answer

Q8. Erica is managing a kitchen tools manufacturing project, which is intended to produce modern cooking ovens. This project is hugely important for the company as well as for Erica‘s career. Although the project scope statement was well-defined and requirements were gathered from stakeholders in the planning phase, many design change requests have come in from customers during project execution. Which of the following tasks must Erica perform to avoid scope creep caused by uncontrollable changes?

  1. Perform validate scope process and process all changes through the plan risk responses process
  2. Perform integrated change control process and process all changes through the control quality process
  3. Perform scope control and process all changes through the integrated change control process
  4. Perform scope control and process all changes through the validate scope process
Correct Answer

Q9. You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the budget EXCEPT?

  1. Fixed costs
  2. Sunk costs
  3. Direct costs
  4. Variable costs
Correct Answer

Q10. The BEST description of costs that change with the amount of production is:

  1. Variable costs
  2. Fixed costs
  3. Direct costs
  4. Sunk costs 24
Correct Answer










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