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Project Management Question Bank
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Question:

In the earned value management technique, the cost performance baseline is:
  1. Cost Measurement Baseline (CMB)
  2. Performance Measurement Baseline (PMB)
  3. Performance Base Value (PBV)
  4. Actual Baseline (AB)






Q2. Andrew is a project management guru hired by a retail giant in your country. Andrew finds out there is a wide array of projects that need to be managed from a central PMO; from a number of small projects to large initiatives requiring long-term roadmaps to manage the development of these programs. What project management approach should be recommended for such projects?

  1. A predictive approach, adaptive approach, or a hybrid of both, may need to be adopted.
  2. A predictive approach may need to be adopted.
  3. An adaptive approach may need to be adopted.
  4. Setting up PMOs for such a wide range of projects is not recommended.
Correct Answer

Q3. You have taken over a project from another manager who left the firm. This is a functional organization and the different units are often rather hostile to each other. The project is a large one involving activities that the organization has never done before. You find that the project has what appear to be adequate documentations, including an agreed-to project charter, project management plan, WBS, etc. The project is on schedule and within budget. However, the atmosphere in meetings with the project members often seems tense, and offhand comments made by participants seem to indicate a high level of dissatisfaction with the project. You review all of the major project documents with the key stakeholders and get agreement that they are still accurate, but this does not seem to solve the problem. What is the MOST likely explanation for this situation?

  1. There are personality conflicts amount the project team members that you need to uncover and resolve.
  2. The project does not have an effective sponsor and thus is not viewed as a high priority.
  3. Stakeholders have very different expectations about what the project is supposed to accomplish.
  4. The organizational structure and dynamics prevent people from working together effectively.
Correct Answer

Q4. The client informs you that he noticed some parts of the work are not being completed by your team. You ensure him you will look into it and give a proper response after verifying the facts. Which document will you refer to verify it?

  1. Scope statement
  2. WBS dictionary
  3. Schedule baseline
  4. WBS
Correct Answer

Q5. David was required to investigate a business problem and describe the higher-level needs of the business as a whole. David’s final reports describes in detail the features, functions and characteristics of the product that will meet the business and stakeholder requirements. What is wrong with David’s report?

  1. David was asked to analyze the solution requirements, but he focused on the business requirements.
  2. David was asked to analyze the business requirements, but he focused on the solution requirements.
  3. David was asked to analyze the functional requirements, but he focused on the non-functional requirements.
  4. David was asked to analyze the non-functional requirements, but he focused on the functional requirements.
Correct Answer

Q6. You are a project manager on a $7,000,000 software development project. While working with your project team to develop a network diagram, you notice a series of activities that can be worked in parallel but must finish in a specific sequence. What type of activity sequencing method is required for these activities?

  1. Precedence diagramming method
  2. Arrow diagramming method
  3. Critical path method
  4. Operational diagramming method
Correct Answer

Q7. You see an opportunity if you complete the project ahead of time: you may get a new project. Therefore, you try to complete the project early, but due to lack of resources, you are only able to shorten the duration of a few activities by starting the parallel or partially-parallel. Which risk response strategy are you employing here?

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

Q8. For question number 344, determine the estimate at completion assuming the future cost performance is same as the past cost performance.

  1. 110,000 USD
  2. 85,000 USD
  3. 909,09 USD
  4. 117,647 USD
Correct Answer

Q9. Which of the following techniques can help a project manager review a supplier’s internal work processes to ensure compliance to standards during the production of the deliverables? (Assume that all of the given choices are available to the project manager.)

  1. Audits
  2. Performance reporting
  3. Contract change control
  4. Inspections
Correct Answer

Q10. You are in the process of dividing work into smaller components so you can get a structured vision of what has to be delivered. What process is this?

  1. Create WBS
  2. Create RBS
  3. Rolling wave planning
  4. Progressive elaboration
Correct Answer










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