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:

A project has three critical paths. Which of the following BEST describes how this affects the project?
  1. It makes it easier to manage
  2. It increases the project risk
  3. It requires more people
  4. It makes it more expensive 51






Q2. On any project, the configuration control should be focused on the specification of:

  1. Deliverables and processes
  2. Scope and cost
  3. Risk and resources
  4. Schedule and quality
Correct Answer

Q3. Your project is being completed in another country. It is going reasonably well and is ahead of the cost projections when one of the local officials informs you he will make sure the project work stops unless you pay him $50. What is the BEST thing to do?

  1. Make the payment
  2. Offer to pay more than the requested amount to get more support from the official in the future.
  3. Offer to pay a smaller amount to discourage future requests for larger amounts.
  4. Do not make the payment 26
Correct Answer

Q4. The customer starts to have cash flow problems, because other projects are being completed early. The customer notifies the project manager that there will be limits on when funds will be available for the project. The project CPI is currently 1.02, and the estimate to complete is US $927,000. If the project manager performs funding limit reconciliation, there will also MOST likely be a change to the:

  1. Resource assigned.
  2. Number of change requests
  3. Cost baseline
  4. Project schedule 21
Correct Answer

Q5. What is the MOST correct statement about conflict?

  1. The primary source of conflict is personality
  2. Conflict can be beneficial.
  3. Conflict is best resolved by smoothing
  4. The best way to prevent conflict in the procurement process is to make sure the project manager is not involved with negotiations.
Correct Answer

Q6. During a work breakdown structure meeting, you have decomposed the deliverables into work packages and created your WBS dictionary. However, you now want to decompose the work packages to assist you in estimating, executing, and controlling the project. These decomposed work packages are:

  1. Work packages can't be decomposed into smaller units
  2. Activities
  3. Milestones
  4. Control Accounts
Correct Answer

Q7. Which of the following BEST describes how a work breakdown structure can be used to determine resources?

  1. The WBS breaks the project into one-person activities
  2. The small work packages that the WBS provides make it easier to determine what expertise is needed.
  3. It lists the names of the resources to be used.
  4. It enables management to list the resource hierarchy.
Correct Answer

Q8. Your project is running late and you are over budget. You review the situation and find that it would be difficult for you to complete the project with the given budget. You inform management and they ask you to come up with a new budget. After estimating the new cost, you inform management that you may need 10,000 USD more to complete the project. This is an example of:

  1. Forecast analysis
  2. Status report
  3. Change request
  4. Progress report
Correct Answer

Q9. A construction project has a work package that could result in fatalities or long term disabilities with losses of over US $2 million. The company has had a clean record in the past and has won several safety awards. An appropriate risk response strategy is to:

  1. Post a sign that describes the number of injuries to date and remind everyone to be careful.
  2. Insure against the risk.
  3. Add classroom training on safety for the project team.
  4. Not do the work package.
Correct Answer

Q10. In your project you identified a risk; there is a chance you may lose a critical employee. You have identified an employee from another project to bring into your project if your team member leaves you. However, this employee is known for his bad behavior and creating trouble for other employees. In a monthly risk review, a stakeholder asks you what your strategy will be if this new team member creates a problem for you. You assured him that you are aware of it and you also have a plan for it. What kind of risk is the stakeholder discussing with you?

  1. Residual risk
  2. Secondary risk
  3. Uncertainty
  4. Primary risk
Correct Answer










User Agreement| |Privacy Policy