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Project Management Question Bank
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Question:

The project is calculated to be completed four days after the desired completion date. You do not have access to additional resources. The project is low risk, the benefit cost ratio (BCR) is expected to be 1.6, and the dependencies are preferential. Under these circumstances, what would be the BEST thing to do?
  1. Cut resources from an activity
  2. Make more resources concurrent
  3. Move resources from the preferential dependencies to the external dependencies.
  4. Remove an activity from the project.






Q2. All of the following are used in estimating EXCEPT:

  1. Work breakdown structure
  2. Team
  3. Network diagram
  4. Scope verification
Correct Answer

Q3. When planning risk responses, the strategy of changing the project management plan to eliminate the risk is known as:

  1. Avoidance
  2. Transference
  3. Mitigation
  4. Acceptance
Correct Answer

Q4. A project manager presented premier performance certificates to project team members who delivered above and beyond their required activities at each project milestone. This is an example:

  1. Project performance appraisal.
  2. Gold plating
  3. A recognition and reward system
  4. Team building.
Correct Answer

Q5. During the creation of lessons learned for a project, the team determines that the project would have been better if they had a change control board. Which of the following is the BEST description of what a change control board helps the team to do?

  1. Create change requests
  2. Approve or reject changes
  3. Create procedures
  4. Formulate the change
Correct Answer

Q6. You are managing a two-year project involving staff from several departments. The project is on schedule and within budget. A key team member leaves for a four-week vacation without completing a highly technical and specialized activity assigned to him (activity A). The project team cannot begin activity B or active E (a critical path activity) until activity A is completed. Activity A has three days float and is not on the critical path. A team member, a vendor, and a non-team member work overtime to complete activity A within its float time. You need to reimburse the nonteam member’s department and pay the vendor at an overtime rate. What action should you take?

  1. Send a complaint letter to the key team member’s boss, and ask him to fund the extra cost expended.
  2. Re-evaluate your communications management plan
  3. Thank the others for filing in, but tell them not to waste time on noncritical path activities
  4. Pay the cost out of your project reserves 5
Correct Answer

Q7. You have a project with a cost of 10,000 USD, and the duration is 10 months. Five months have passed, 45% of the work is completed and you have spent 5,500 USD. The value of this 45% of the work is known as:

  1. Planned value
  2. Earned value
  3. Actual cost
  4. Schedule variance
Correct Answer

Q8. You are reviewing a plan which explains how changes to the product will be initiated, how impacts will be analyzed, and how they will be traced, tracked, and reported, as well as the authorization levels required to approve these changes. What document is this?

  1. Monitor and control project work
  2. Requirements management plan
  3. Control configuration
  4. Control change management
Correct Answer

Q9. Which of the following is the MOST likely cause of poor risk management?

  1. Inadequate risk response planning
  2. Poor risk monitoring and control
  3. Lack of prioritized list of risks
  4. Lack of detail in the project scope statement.
Correct Answer

Q10. You gave the responsibility of collecting requirements from project stakeholders to four of your team members. After starting the requirements collection process one of your team members left the job and the requirements could not be compiled properly. Initially, you did not notice this, however, during a product review, a few stakeholders told you that some of the features in the products were not requested by them. Therefore, to verify their comments you review the product requirements and identify the issue. This is an example of:

  1. Scope creep
  2. Scope slippage
  3. Gold plating
  4. Opportunity
Correct Answer










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