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Project Management Question Bank
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Question:

You are a project manager for a small construction project. Your project was budgeted for US $72,000 over a six week period. As of today, you’ve spent US $22,000 of your budget to complete work that you originally expected would cost US $24,000. According to your schedule, you should have spent US $30,000 by this point. Based on these circumstances, your project could be BEST described as:
  1. Under budget
  2. Over budget
  3. On budget
  4. Not having enough information provided.






Q2. 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

Q3. A project manager presented premier performance certificates to project team members who delivered above and beyond their required activities at each project milestone. This is an example:

  1. Project performance appraisal.
  2. Gold plating
  3. A recognition and reward system
  4. Team building.
Correct Answer

Q4. You have floated a firm fixed price contract for some work. Since the scope of the work is not clear, the risk is higher and contractors are hesitant to bid for your contract. You are very busy and don't have time to monitor the contractor’s bill. In this case, what kind of contract will you select?

  1. CPIF
  2. CPAF
  3. T&M
  4. FPIF
Correct Answer

Q5. The six-month project has 300 work packages and a US $600,000 budget. Three months into the project 150 work packages are complete and US $300,000 has been spent. Which of the following is CORRECT?

  1. The project is on time and on budget
  2. The project manager should reevaluate cost performance but not worry about time.
  3. The project needs 50 more work packages to be completed to be on time.
  4. There is not enough information
Correct Answer

Q6. Bill is the project manager of a software project that was originally estimated to be completed in 12 months. Two months into the project, it is discovered that the original estimating assumptions were fundamentally flawed. The Estimate at Completion (EAC) in such a project will be:

  1. EAC = AC + Bottom-up ETC
  2. EAC = BAC/CPI
  3. EAC = AC + [BAC - EV]/CPI
  4. EAC = AC + BAC - EV
Correct Answer

Q7. Two team members come to you with a dispute. Since you are very busy, you briefly listen to one member, agree with him, and support his view. What kind of problem-solving technique is this?

  1. Withdraw
  2. Compromise
  3. Force
  4. Problem Solving
Correct Answer

Q8. A project is facing a major change to its project deliverables. If the project manager is involved in determining which quality standards are relevant to the change, the project manager must be involved in:

  1. Quality management
  2. Manage Quality
  3. Plan Quality
  4. Perform Quality Control
Correct Answer

Q9. A project manager is starting work on a complex project. There will be people from two different countries involved. The project sponsor is from a third country, and the work is being done on an expedited schedule in your country with 14 electrical engineers, 4 architects and their staffs, 3 mechanical engineers, and 2 maintenance experts. What should the project manager do to make sure all the work in this project is identified?

  1. Create a clear management plan, and put it in writing.
  2. Create a WBS with input from all parties involved.
  3. Identify the laws of each country involved.
  4. Create a scope control system.
Correct Answer

Q10. You have received many bids from contractors and are now separating them according to their experience, technical expertise, and capabilities. After segregating these responses, you are reviewing them to see if they are capable of doing the job or not. What process is this?

  1. Conduct procurement
  2. Plan procurement management
  3. Proposal evaluation technique
  4. Manage quality
Correct Answer










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