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Project Management Question Bank
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Question:

A project manager has managed four projects for the company and is being considered to join the project management office team. The following is discovered during the evaluation of his performance. The project manager’s first project had an ending cost variance of -500, used two critical resources, needed to rework the project charter during project executing and was ranked 14th in priority within the company. The second project finished with a schedule variance of +100, was completed with a vastly compressed schedule and received a letter of recommendation from the sponsor, but the product of the project was not used. The third project had 23 percent more changes than expected, had an SPI of 0.90, and 25 open items in the issue log when the project was completed. Each of these projects had a cost budget of US $1,000 and 20 to 28 percent more changes than others of its size. The project management office decided not to add this project manager to the team. Which of the following BEST describes why this might have happened?
  1. The project manager has only managed low-priority projects and he had to compress the schedule, showing that he does not have the skill to work in the project management office.
  2. Issue logs should not be used on projects of this size, showing that the project manager does not have the knowledge to work in a project management office
  3. The project manager did not effectively involve the stakeholders, showing that he does not have the knowledge to work in the project management office
  4. The project manager had two critical resources on their team and still needed to rework the project charter, showing that he does not have the discipline to work in the project management office.






Q2. Laurence is the PMO manager at ANZ Company. The CEO of the company asked Laurence to review the business requirements and develop the current year’s capital management plan. The capital management plan will outline the key business deliverables (capital projects) and will go to the board for final approval. Which of the following organizational artifacts should Laurence review to analyze the business requirements for the current fiscal year?

  1. Lessons Learned
  2. Capital budget for the current year
  3. Organizational Process Assets
  4. Organizational Strategy
Correct Answer

Q3. The budget of your project is 350,000 USD and you have spent 200,000 USD. However, upon analyzing the project’s performance you find that you are over budget and may need 200,000 USD to complete the remaining work. This 200,000 USD is known as:

  1. BAC
  2. ETC
  3. TCPI
  4. EAC
Correct Answer

Q4. A project manager has just taken over the project from another project manager during the executing process group. The previous project manager created a project budget, determined communications requirements, and went on to complete work packages. What should the new project manager do NEXT?

  1. Coordinate completion of work packages
  2. Identify quality standards
  3. Begin the Identify Risk process
  4. Execute the project management plan.
Correct Answer

Q5. Julia is a longtime employee of your organization and is given to you for your new project. She was very good in her previous position but you notice that she is not performing well with the assignment you have given her. After further investigation, you learn that she is lacking skills to complete the job assigned to her. What will your next step be?

  1. Terminate them
  2. Monitor them
  3. Develop a training program for them
  4. Recruit some new member
Correct Answer

Q6. Activity attributes extend the description of the activity by identifying various components associated with the activity. Typically, how many attributes are associated with each activity?

  1. They should be between five and ten.
  2. The number of attributes varies by application area.
  3. They should be fewer than five.
  4. The number of attributes depends on the activity duration.
Correct Answer

Q7. What is the best way to show, at a glance, all the work packages or project activities assigned to a specific organizational department?

  1. Organizational Breakdown Structure
  2. RACI chart
  3. Work Breakdown Structure
  4. Roles and Responsibilities Chart
Correct Answer

Q8. You have been appointed project manager of a project. The project charter is signed and you have started working on it. As the project is big and involves many stakeholders, you start identifying your project’s stakeholders. The number of identified stakeholders is huge and you are worried about how you will manage such a large number of stakeholders effectively. Fortunately, the PMBOK Guide provides you with many strategies to manage stakeholders under all circumstances. In this case, which of the following models will you not use to develop the stakeholder management strategy?

  1. Salience model
  2. Power / Interest grid
  3. Tornado diagram
  4. Influence / Impact grid
Correct Answer

Q9. The project status report is an example of which form of communication?

  1. Formal written communication
  2. Formal verbal communication
  3. Informal written communication
  4. Informal verbal communication
Correct Answer

Q10. In an activity-on-node diagram, the nodes represent:

  1. Work packages
  2. Activities
  3. Dependencies
  4. Discretionaries 40
Correct Answer








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