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:

All of the following are outputs of the Estimate Costs process EXCEPT:
  1. An understanding of the cost risk in the work that has been estimated.
  2. The prevention of inappropriate changes from being included in the cost baseline.
  3. An indication of the range of possible costs for the project
  4. Documentation of any assumptions made during the Estimate Costs process.






Q2. Ron is a project manager handling an alternate water-supply project. During a project performance review, he notices the following: (i) Activity A, on the critical path, is delayed by four days. (ii) Activity B, not on the critical path, is delayed by nine days. (iii) Activity C, on the critical path, is delayed by two days. (iv) Activity D, not on the critical path, is delayed by five days. In what sequence should Ron prioritize his efforts in addressing these delays?

  1. First Activities A and B, and then Activities C and D
  2. First Activities A and C, and then Activities B and D
  3. First Activities C and D, and then Activities A and B
  4. First Activities A and D, and then Activities B and C
Correct Answer

Q3. Which of the following tools will help trace the requirements to product design?

  1. Requirements traceability matrix
  2. Design traceability matrix
  3. Project scope statement
  4. Product traceability matrix
Correct Answer

Q4. Which of the following BEST describes formal acceptance of a project?

  1. Substantial completion is reached
  2. Customer sign-off of the product is documented
  3. Final payment is made
  4. Final deliverables are sent to the customer
Correct Answer

Q5. The customer has accepted the completed project scope. However, the lessons learned required by the project management office have not been completed. What is the status of the project?

  1. The project is complete because the project has reached the due date.
  2. The project is incomplete because the project needs to be re-planned.
  3. The project is incomplete until all project and product deliverables are completed and accepted.
  4. The project is complete because the customer has accepted the deliverables.
Correct Answer

Q6. You have just completed a solid waste management project in an underdeveloped country. The contractor you are working for has a strict policy of abiding by local laws and rules although the local resources working on the project have a much more lax approach to following laws and policies. Now at the end of the project, you are handing over the operational equipment to the local operators and disposing of the leftover inventory and other materials that were used during the project. More than 50 percent of the toxic materials used during the project remains in your inventory. There is no law that would prohibit you from disposing of either the type or quantity of remaining materials in the local sewage system. What should you do?

  1. Give the material to local resources to dispose of by selling it to a recycling facility
  2. Do not dispose of the materials improperly
  3. Dispose of the material in the local sewage system; there is no law applicable here
  4. Abandon the materials in the project facility you are handing over to the local operators
Correct Answer

Q7. Which of the following is an important input to the Validate Scope process?

  1. Validated deliverables
  2. Organizational process assets
  3. Accepted deliverables
  4. Change requests
Correct Answer

Q8. Analogous Estimating is an estimation technique that uses the values of parameters such as scope, cost, budget, and duration from a previous similar activity as the basis of activity. It is frequently used for estimation when there is a limited amount of information about the project. This is a form of:

  1. Gross value estimation
  2. Function point estimation
  3. Fixed point estimation
  4. Precision Estimation
Correct Answer

Q9. A particular stakeholder has a reputation for requesting many changes on projects. What is the BEST approach a project manager can take at the beginning of the project to manage this situation?

  1. Say "No" to the stakeholder a few times to dissuade him from submitting more changes.
  2. Get the stakeholder involved in the project as early as possible.
  3. Talk to the stakeholder's boss to find ways of directing the stakeholder's activities to another project.
  4. Ask that the stakeholder not be included in the stakeholder listing.
Correct Answer

Q10. A project manager completed the work package estimating process and then performed a Monte Carlo analysis to determine the amount of risk reserve needed on the project. Why is this incorrect?

  1. The risks per work package have not been identified
  2. The critical path was not calculated
  3. The network diagram was not used
  4. The schedule was not developed.
Correct Answer










User Agreement| |Privacy Policy