IRGST

Home Question Bank Online Exams Job Interview Q&A Job Description How To Quotes and Sayings Articles Jobs In Mirrors Personality Types About Contact Us Sign in/up

Project Management Question Bank
for Exam preparation

Select Knowledge area

Question:

As the project manager of a development project, you are aware that there is a slight defect in the developed product; as a result, it will fail to meet certain regulatory standards. This was due to faulty requirements. You are also aware that the product will continue to function properly even though it fails to meet those standards. Your customer manager asks you to certify that the product meets the necessary regulatory standards, stating that this will not be verified when the report is submitted to the necessary authorities. Your stance is that:
  1. You certify the product. Regulations are only guidelines in the industry. Not meeting a regulation does not mean anything.
  2. As a one-off instance, you will certify the product to make sure the project goes through successfully.
  3. You will not certify that a product meets certain regulations when it does not, even though the product continues to function well.
  4. You certify the product, but you document your conversation with your customer manager for future purposes.






Q2. All of the following are always part of the Close Project or Phase process EXCEPT:

  1. Completing the lessons learned
  2. Performing closure of the outside contract
  3. Updating the archives
  4. Releasing the team.
Correct Answer

Q3. You are building a mile-long bridge on a T&M contract. During the excavation activity, you learned some telephone cables are crossing the alignment where you have to construct the bridge. You need to relocate these telephone cables, but there is no provision of such an activity in the contract. Further, the relocation of the cables is a costly task, and you need to do a lot of government paperwork, as well. You requested an amendment in the contract, but the buyer rejected it. Despite many efforts, you both could not resolve this issue. What should you do next?

  1. Terminate the contract following the termination procedures mentioned in the contract.
  2. File a judicial petition in accordance with the state’s law.
  3. Seek arbitration following the ADR procedures in the contract.
  4. Relocate the cables at your own expense since the contract does not cover this activity.
Correct Answer

Q4. All of the following are relevant for analyzing a cost overrun, EXCEPT:

  1. Labor rates
  2. Resources used
  3. Communications management plan
  4. Lag
Correct Answer

Q5. In complex and high value projects, which of the following activities will typically be performed by a business analyst prior to the project initiation?

  1. Define project scope and develop WBS
  2. Finalize the project scope statement and the WBS dictionary
  3. Establish the project’s scope baseline
  4. Determine problems, identify business needs and viable solutions
Correct Answer

Q6. A project manager has increased project costs by US $100,000, but completed the project four weeks earlier than planned. What activity is BEST described here?

  1. Resource leveling
  2. Schedule compression
  3. Critical chain
  4. Adjusting leads and lags
Correct Answer

Q7. Which of the following is not an activity related to the Direct and Manage Project Work process?

  1. Inspecting the project deliverables for completeness
  2. Implementing approved changes
  3. Creating project deliverables to meet the planned project work
  4. Performing activities to accomplish project objectives
Correct Answer

Q8. The project CPI is 1.02, the benefit cost ratio is 1.7 and the latest round of performance reviews identified few needed adjustments. The project team was co-located into a new building when the project started. Everyone commented on how excited they were to have all new facilities. The sponsor is providing adequate support for the project and few unidentified risks have occurred In an attempt to improve performance, the project manager spends part of the project budget on new chairs for the team members and adds the term “senior” to each team member’s job title. Which of the following is the MOST correct thing that can be said of this project or the project manager?

  1. The project manager has misunderstood Herzberg’s theory
  2. The project is slowly spending more money than it should. The project manager should begin to watch cost more carefully
  3. The performance review should be handled better to find more adjustments
  4. The project manager should use good judgment to determine which variances are important.
Correct Answer

Q9. When a project manager is engaged in negotiations, nonverbal communication skills are of:

  1. Little importance.
  2. Major importance.
  3. Importance only when cost and schedule objectives are involved.
  4. Importance only to ensure you win the negotiation.
Correct Answer

Q10. Close Project or Phase is the process of completing and concluding all activities across all process groups to officially close the project. Which of the following activities is not performed during this process?

  1. Actions required to transfer completed products to operations
  2. Actions required to archive project information
  3. Actions required to audit project success or failure
  4. Actions required to accept the deliverables
Correct Answer










User Agreement| |Privacy Policy