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Project Management Question Bank
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Question:

Nancy is engaged in the construction of three office buildings. Although the construction sites are in various places, she has managed each team efficiently to complete the work on time and within budget. Which of the following statements describes the effort Nancy is doing?
  1. Construction of each building is an operational work because it is repetitive in nature.
  2. The building construction is considered neither a project nor operational work.
  3. Construction of all three buildings is considered one project.
  4. Construction of each building is a project because each building is separate in nature.






Q2. One of the risks your team has discovered is a high probability that the equipment you are developing will not perform under the pressure it needs to in the workplace. In order to handle this risk, you have chosen to prototype the equipment. This is an example of risk:

  1. Mitigation.
  2. Avoidance
  3. Transference.
  4. Acceptance.
Correct Answer

Q3. Which of the following is not a Tuckman's team development stage?

  1. Confronting
  2. Forming
  3. Norming
  4. Adjourning
Correct Answer

Q4. As an experienced PMP, you have found that running a WBS meeting is tricky because you need to find a balance between insufficient decomposition and excessive decomposition. When items are excessively decomposed, it leads to all the following except:

  1. Breaking the 100 percent rule
  2. Inefficient use of resources
  3. Nonproductive management effort
  4. Decreased efficiency when performing work
Correct Answer

Q5. Value analysis is performed to get:

  1. More value from the cost analysis.
  2. Management to buy into the project
  3. The team to buy into the project.
  4. A less costly way of doing the same work.
Correct Answer

Q6. Bill is the project manager of an external project for a customer. The project is expected to take about a year to complete. Six months into the project, the customer informs Bill that he or she needs to scrap the project. During which of the following processes would procedures be developed to handle early termination of a project?

  1. Develop Project Charter
  2. Close Project or Phase
  3. Define Scope
  4. Monitor Risks
Correct Answer

Q7. You have accepted a position at a company where you will manage a group of projects in a coordinated way. This organization specifically hired you to start a project management office to help it develop a more structured approach to project management. What should you do FIRST?

  1. Study the history of the organization
  2. Get your job description changed to either project management or project management office work, but not both
  3. Meet with key stakeholders to better understand the organization and projects.
  4. Focus on communications with your boss and other senior managers
Correct Answer

Q8. 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

Q9. Management wants the project completed in 40 days. The cost performance index (CPI) is 1.1; the project critical path duration is 38 days with a standard deviation of two days. What is the maximum project float?

  1. Zero days
  2. Two days
  3. Four days
  4. One day
Correct Answer

Q10. The difference between the cost baseline and the cost budget can be BEST described as:

  1. The management reserve.
  2. The contingency reserve.
  3. The project cost estimate
  4. The cost account.
Correct Answer








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