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Project Management Question Bank
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Question:

You are the project manager for Wicked Fast Cars Corp. You are working on a project for the Human Resources department that is scheduled to take one year. After three months into the project, you calculate the EV at $35,000 and the PV at $45,000. Which option below represents the value for the SV?
  1. ($10,000)
  2. 1.29
  3. 0.78
  4. $10,000






Q2. You are in the identifying risks process. You are meeting with your team members and stated that the project may be delayed because of the late delivery of certain consumables for your project. Now you ask the team members to find ways in which this problem can occur. What technique are you using here?

  1. Assumption and constraint analysis
  2. Brainstorming
  3. Sensitivity analysis
  4. Root cause analysis
Correct Answer

Q3. Based on the chart, what is the float of activity B?

  1. 2
  2. 3
  3. 5
  4. 0
Correct Answer

Q4. The project is not going well and many changes are being made. Which of the following should you do FIRST to gain control of the project?

  1. Review the project scope with the stakeholders
  2. Create a new change form
  3. Remind everyone of the change procedures
  4. Ask the sponsor to review the project charter
Correct Answer

Q5. Which of the following is CORRECT?

  1. The critical path helps prove how long the project will take
  2. There can be only one critical path
  3. The network diagram will change every time the end date changes
  4. A project can never have negative float.
Correct Answer

Q6. The highest point of Maslow’s hierarchy of needs is called:

  1. Physiological satisfaction
  2. Attainment of survival
  3. Need for association
  4. Esteem.
Correct Answer

Q7. Which of the following statements is correct:

  1. Project lifecycles and product lifecycles are interdependent.
  2. Project lifecycles are independent of product lifecycles.
  3. A product lifecycle is the same as a project lifecycle.
  4. The last lifecycle for a project is generally the product's retirement.
Correct Answer

Q8. A project employs a virtual team with team members located in different offices in the same city as well as across different cities. The project manager wishes to build trust and good working relationships. One of the best ways to do this is:

  1. To use team-building strategies
  2. Write a memo to the team detailing the need for good working relationships
  3. Plan for job-rotation on a weekly basis
  4. To encourage the use of telephonic conversations as much as possible
Correct Answer

Q9. A Responsibility Assignment Matrix illustrates the connections between the work that needs to be done and the project team members. A RACI chart is a type of Responsibility Assignment matrix in which the names of the roles being documented are:

  1. Responsible, Administration, Check, and Inform
  2. Reportable, Actionable, Check, and Inform
  3. Responsible, Accountable, Consult, and Inform
  4. Reportable, Actionable, Consult, and Implement
Correct Answer

Q10. You are managing two projects. The first project is to design and construct a school building, and the second project is to construct an office building for your company's employees. What is your current role?

  1. Project manager
  2. Program manager
  3. Portfolio manager
  4. None of the above
Correct Answer










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