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Project Management Question Bank
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Question:

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 assigned as 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 during the next few weeks, which may increase the SPI to 1.1 and the CPI to 0.9. Which of the following statements will be true if your anticipated changes materialize?
  1. The project will be overspent and behind schedule.
  2. The project will be on schedule and under budget.
  3. The project will be overspent but ahead of schedule.
  4. The project will be under budget but behind schedule.






Q2. Which of these is a valid negative risk response?

  1. Exploit
  2. Mitigate
  3. Enhance
  4. Share
Correct Answer

Q3. A government agency has awarded your company a massive software project. This project has an early completion incentive, and your company has a policy of paying a bonus to the project manager if such an incentive is awarded. However, this particular government agency has a reputation for being extremely difficult to work with; there is a great deal of bureaucracy within this agency, and stonewalling and hostility toward contractors are common. The project manager will need to have excellent political skills to lead this project successfully. You have been asked to lead the project because of your expertise with this type of project. However, you have never worked within such a highly charged and political environment. What should you do?

  1. Decline the project citing lack of experience.
  2. Accept the project but disclose your lack of experience in this type of environment.
  3. Accept the project and request that a corporate liaison be assigned to your project.
  4. Accept the project.
Correct Answer

Q4. A software development project team has determined that the best way to mitigate the risk of not having the computational resources to complete all bug testing on schedule is to add three more servers to the test bed. However, the network may not have enough capacity to handle the extra load of those three servers and could fail. This type of risk is a _______________ risk.

  1. Secondary
  2. Simulation
  3. Bottleneck
  4. Hidden
Correct Answer

Q5. All of the following are outputs of Plan Resource Management EXCEPT:

  1. Roles and responsibilities.
  2. Project organizational charts.
  3. The number of resources needed.
  4. The staffing management plan.
Correct Answer

Q6. Which of these processes is not a Project Schedule Management process?

  1. Create WBS
  2. Develop Schedule
  3. Define Activities
  4. Sequence Activities
Correct Answer

Q7. You are managing a six-month project and have held bi-weekly meetings with your project stakeholders. After five-and-a-half months of work, the project is on schedule and budget, but the stakeholders are not satisfied with the deliverables. This situation will delay the project completion by one month. The MOST important process that could have prevented this situation is:

  1. Monitor and Control Risks
  2. Control Schedule
  3. Define Scope
  4. Control Scope
Correct Answer

Q8. 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

Q9. You are a project manager for a large electrical system implementation. One of your key people has started to miss deadlines and work quality is beginning to suffer as well. This person has participated in project planning, and in fine-tuning the earned value estimating, and developing the reward systems for the project. You are confident that this person is well aware of the work deadlines and required quality specifications. What action should you take?

  1. Report problem to the personnel or human resource department for corrective action.
  2. Reassign some work to other team members until performance starts to improve.
  3. Discuss the issues with the employee at the next team meeting and try to determine the factors impacting performance.
  4. Escalate the situation to the employee’s functional manager and ask for assistance.
Correct Answer

Q10. Lucy has recently been assigned as the project manager for a new shopping mall construction project. Since the project will span well over five years, Lucy is a bit hesitant to use the current market rates for estimating construction materials cost. The prices have been steadily increasing and the current market rates might not remain valid in the future. Which of the following techniques can Lucy apply to determine her project budget?

  1. Conduct a trend analysis on the cost of materials and use that to extrapolate the cost of materials in the future.
  2. Determine the cost of the project using current market rates and increase the total budget by some factor.
  3. Compute the Net Present Value of the cost of materials and use that to determine the project budget.
  4. Use Rolling Wave Planning to determine the budget as the project progresses.
Correct Answer








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