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Project Management Question Bank
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Question:

The project has been going well when one of the suppliers informs you that, as they warned you during project planning, they will deliver your equipment two days late. At the same time, you get a call from a team member informing you that the critical path activity she is working on will take longer to complete than planned. What is the BEST thing to do?
  1. Use a contingency reserve for the first, and find out how much later the activity will be
  2. Ask for a change order for each
  3. Have both reviewed with the change control board
  4. Find out why the activity was late 8






Q2. The code development phase of a software project is nearly complete when the first code review is conducted. During the review, it s discovered that the application is missing functionality required to complete a key business process. However, the product scope never specified this functionality. What should the project manager do?

  1. Reject the functionality as out of the project’s scope.
  2. Agree to include the functionality in the current release
  3. Agree to include the functionality in the next release.
  4. Assess the impact on the project of including the functionality, and inform the sponsor.
Correct Answer

Q3. Which of the following is a type of leadership style in which leaders are hands-off and allow group members to make the decisions:

  1. Transactional
  2. Servant leader
  3. Transformational
  4. Laissez-faire
Correct Answer

Q4. A trend report was given to the project manager, who reacted to the report by investigating what activity or activities had not been done, but should have been done, to date. What did the report show?

  1. Actual cost was below planned and schedule progress was less than planned
  2. The cost performance index (CPI) was 0.8 and the schedule performance index (SPI) was 1.2.
  3. The budget at completion (BAC) was higher than planned
  4. The schedule performance index (SPI) was 1.3 and the estimate at completion (EAC) was greater than planned.
Correct Answer

Q5. An automotive designer uses a certain technique to determine which combination of suspension and tires will produce the most desirable ride characteristics at a reasonable cost. To do this, the designer employs a statistical framework and systematically changes all the important parameters instead of changing the factors one at a time. This method is known as:

  1. Design of Experiments
  2. Nominal Group Technique
  3. Statistical Sampling
  4. Force Field Analysis
Correct Answer

Q6. If an investment in a project returns 15 percent annually, how much should you invest to get $5 million by the end of the fifth year?

  1. 2485884
  2. 2857143
  3. 2501376
  4. 2685292
Correct Answer

Q7. A project is facing the following risks: 20 percent chance a part is not available, creating an additional fee of US $30,000; 10 percent chance the team requires additional training for a cost of US $12,000; 25 percent chance the second planned quality test costing US $8,000 is unnecessary. What is the expected monetary value of these risks?

  1. $50,000
  2. $5,200
  3. $42,000
  4. $7,200 86
Correct Answer

Q8. What conflict resolution technique is a project manager using when he says, “I cannot deal with this issue now!”

  1. Problem solving
  2. Forcing
  3. Withdrawal
  4. Compromising.
Correct Answer

Q9. Which parts of the risk management process use the project scope statement as an input?

  1. Plan Risk Management and Control Risks
  2. Perform Qualitative Risk Analysis and Plan Risk Management
  3. Perform Quantitative Risk Analysis and Plan Risk Responses
  4. Plan Risk Responses and Control Risks.
Correct Answer

Q10. The most detailed level of the WBS is the _______________ .

  1. Control Account
  2. Work package
  3. Scope statement
  4. Accepted Deliverable
Correct Answer










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