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Project Management Question Bank
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Question:

A project manager that you have been mentoring has completed the Plan Risk Responses process and has a risk response plan. What is the NEXT thing the project manager should do?
  1. Update the project management plan
  2. Recommend corrective action
  3. Update the risk identification checklist
  4. Create risk response strategies






Q2. Which of the following is not a Project Schedule Management process?

  1. Source Activities
  2. Estimate Activity Durations
  3. Define Activities
  4. Sequence Activities
Correct Answer

Q3. While applying the logical relationships to the project activities, a project manager must be careful not to:

  1. Have closed loops relationships between activities
  2. Have FF relationships for the critical activities
  3. Have FS relationships for the non-critical activities
  4. Select the relationship with the highest impact
Correct Answer

Q4. During Plan Risk Responses process, the team is discussing ways to deal with a risk. They have come up with the following options: (a) outsource the work, (b) provide more training to the team members, (c) wait to see if the risk actually happens, (d) ignore the risk and (e) do the risky activity sooner in the project. Which of the following is a risk response strategy that was forgotten in the above situation?

  1. Remove the activity causing the risk from the project.
  2. Purchase insurance to cover the anticipated cost.
  3. Assign the activity to a more experienced person to handle.
  4. Prototype the product.
Correct Answer

Q5. The principal use of a Pareto chart is to:

  1. Focus attention on the most critical issues
  2. Quantify risks
  3. Help predict future problems
  4. Improve risk management.
Correct Answer

Q6. A project post-mortem is an activity, usually performed at the project’s conclusion, to determine and analyze a project’s outcome which also includes a lessons-learned gathering exercise. Project post-mortems help to mitigate future risks and are often a key component of, and ongoing precursor to, effective risk management. Which of the following is a terrible mistake when collecting lessons learned?

  1. Documenting both the success stories and the failed attempts
  2. Calculating project’s final statistics
  3. Focusing purely on the negatives and analyzing failures
  4. Conducting a comprehensive performance review
Correct Answer

Q7. Which of the following CANNOT be used as a tool in the Perform Quality Control process?

  1. Pareto chart
  2. Sampling
  3. Work breakdown structure
  4. Life cycle costing
Correct Answer

Q8. Work Performance Data is an important input to the Control Procurements process. Which of the following is not a component of Work Performance Data?

  1. Data regarding supplier’s conformance to quality standards
  2. Data on completed deliverables
  3. Data regarding incurred or committed costs on each supplier contract
  4. Data on supplier invoices and respective payments
Correct Answer

Q9. Which of the following needs to be completed before resources can be finalized for the project?

  1. Work breakdown structure
  2. Estimates
  3. Bar chart
  4. Verify Scope
Correct Answer

Q10. You have been given a project to develop some gaming software for the client. You have developed many similar games in the past and possess the knowledge and skills that are needed to build the game. You have recruited your team and many of them are new, however all of them respect you a lot. What kind of power are you showing here?

  1. Coercive power
  2. Positional power
  3. Expert power
  4. Referent power
Correct Answer










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