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Project Management Question Bank
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Question:

A risk with a positive outcome is an ___________.
  1. Unlikely risk
  2. Objective risk
  3. Opportunity
  4. Obsolete risk






Q2. An activity has been delayed and the project manager needs to deal with the situation. What is the NEXT thing she should do?

  1. Determine how much of a problem it is.
  2. Report to management
  3. Crash or fast track
  4. Use contingency reserves
Correct Answer

Q3. A project team member has just completed work on the microprocessor for the new human system performance monitor and is now finished with the project. The project manager should:

  1. Evaluate the project’s resource requirements
  2. Provide input to the team member’s performance appraisal
  3. Re-evaluate the activity duration estimates.
  4. Change the staffing management plan
Correct Answer

Q4. Design of experiments:

  1. Identifies which variables have the most influence on a quality outcome
  2. Identifies which variables have the least influence on a quality outcome
  3. Determines what a quality outcome is
  4. Determines the methods to be used for research and development.
Correct Answer

Q5. A team of seven people adds two more people to the team. How many communication channels are there now?

  1. 9
  2. 36
  3. 18
  4. 81
Correct Answer

Q6. You are managing a project that requires an environmental permit to do work. The approval is in the final stages when a confidential, reliable report is brought to your notice. The report indicates there is a high risk of an environmental hazard due to the project. Your manager tells you it is better to keep quiet at this stage since losses from terminating the project might be very high. You must:

  1. Send an email to your manager documenting the matter and disowning ownership of the project
  2. Inform the necessary authorities of the hazard, even if it means cancelling the project
  3. Wait for the project to start and see if the information in the report is true
  4. Keep quiet about the matter since you will follow your manager's instructions
Correct Answer

Q7. Adhering to legal requirements, satisfying competing needs, providing accurate and truthful representations, and disclosing conflicts of interest are all:

  1. Examples of scope management
  2. Examples of the professional and social responsibility of the project manager.
  3. Examples of project closure activities
  4. Examples of the intellectual property requirements of subcontractors.
Correct Answer

Q8. A parking lot fencing project was bid at US $11 per foot, and one company is doing all the work. The parking lot has four equal sides of 125 feet and requires the installation of a six-foot diameter culvert on one side. Fencing should be installed at a rate of 100 feet per day. The culvert installation will cost US $500 and take one day to complete. The culvert must be installed before work can begin on that side of the fence. After three days of work, one side is complete, another project has 75 feet installed, and the culvert is completely installed. What is the current status of the project?

  1. The budget is neutral with a cost variance of $0
  2. It is over budget, with a cost variance of -$1,100.
  3. It is under budget, with a cost variance of +$500 due to the completion of the culvert installation
  4. It is over budget with a cost variance of +$125.
Correct Answer

Q9. A project may be selected based on all of the following EXCEPT:

  1. Benefit measurement
  2. Net present value (NPV)
  3. The number of resources used
  4. Value analysis
Correct Answer

Q10. You are managing a large project with many contractors working on it. A stakeholder comes to you and informs you that he never received the status report from one of your contractors. What will your next step be?

  1. Stop the payment and ask for clarification
  2. Call the contractor
  3. Review the communications management plan
  4. Inform management
Correct Answer










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