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Project Management Question Bank
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Question:

You have just been assigned as the project manager for a new telecommunications project that is entering the second phase of the project. There appear to be many risks on this project, but no one has evaluated them to assess the range of possible project outcomes. What needs to be done?
  1. Plan Risk Management
  2. Perform Quantitative Risk Analysis
  3. Plan Risk Responses
  4. Control Risks.






Q2. A company is making an effort to improve its project performance and create historical records of past projects. What is the BEST way to accomplish this?

  1. Create project management plans
  2. Create lessons learned
  3. Create network diagrams
  4. Create status reports 2
Correct Answer

Q3. It is extremely important for a project manager to determine and map key stakeholder engagement levels early in the project. Which of the following statements support this claim:

  1. Stakeholder engagement levels change during the lifecycle of the project
  2. Stakeholder engagement throughout the lifecycle of the project is critical to project success
  3. Leading stakeholders assume a supportive role during project execution
  4. Development of the stakeholder assessment matrix is a mandatory PMBOK requirement
Correct Answer

Q4. A new project manager asks you what the 50/50 rule is used for. You would reply?

  1. Crashing
  2. Quality
  3. Performance reporting
  4. Cost estimating
Correct Answer

Q5. Which of the following indicates the required cost performance in order to complete the project on budget?

  1. TCPI
  2. CPI
  3. EAC
  4. SPI
Correct Answer

Q6. Miranda is an experienced project manager. As part of the Collect Requirements phase, she decides to use a group creativity technique. This technique is intended to enhance brainstorming with a voting process and can be used to rank the most useful ideas for further brainstorming or prioritization. Which of the following will she likely use?

  1. Normal group technique
  2. Minimal group technique
  3. Unanimous group technique
  4. Nominal group technique
Correct Answer

Q7. You are in the process of dividing work into smaller components so you can get a structured vision of what has to be delivered. What process is this?

  1. Create WBS
  2. Create RBS
  3. Rolling wave planning
  4. Progressive elaboration
Correct Answer

Q8. A project manager approaches you to understand the Work Breakdown Structure (WBS) in better detail. You tell her that:

  1. The WBS is a detailed project plan and includes the effort, resources, and dates on which the tasks for the project are complete.
  2. The WBS is a task-oriented decomposition of work that identifies each task and the resource required to accomplish the task.
  3. The WBS is a deliverable-oriented hierarchical decomposition of the work the project team must accomplish to meet project objectives.
  4. The WBS is a Gantt chart that contains details about the project deliverables the project team must do.
Correct Answer

Q9. Your project has a medium amount of risk and is not very well defined. The sponsor hands you a project charter and asks you to confirm that the project can be completed within the project cost budget. What is the BEST method to handle this?

  1. Build an estimate in the form of a range of possible results.
  2. Ask the team members to help estimate the cost based on the project charter.
  3. Based on the information you have, calculate a parametric estimate.
  4. Provide an analogous estimate based on past history.
Correct Answer

Q10. In the procurement process, the seller may be viewed initially as a bidder, then as the selected source, and then as the contracted supplier. The seller will typically manage the work as a project. In such an instance, which of the following is not true?

  1. The buyer becomes the customer and is then a key project stakeholder for the seller.
  2. Terms and conditions of the contract become key inputs to many of the seller’s management processes (ex: major deliverables, key milestones, cost objectives).
  3. There need not be a contractual relationship between the buyer and the seller.
  4. The seller’s project management team is concerned with all the processes of project management and not just procurement management.
Correct Answer










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