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Project Management Question Bank
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Question:

One of the senior team members, who is the best performer in your project, plays favorites. A few of the other team members who work closely with this team member have gotten exceptionally good appraisal reports in the past, even though they may not have deserved them. As the project manager, what do you need to actively do?
  1. Ask all the members of your team who are appraisers of other team members to be liberal in their appraisals. This will help compensate for the appraisals the senior team member does.
  2. Speak to the senior team member and ask him or her to do appraisals fairly, in accordance with the appraisal guidelines.
  3. Ignore the matter since you would otherwise lose a senior team member who is key to your project.
  4. Ensure that the senior team member does not get to appraise anybody.






Q2. Stakeholder identification is a continuous process. Which of the following statements about stakeholders is incorrect?

  1. Positive stakeholders benefit from the outcome of a project.
  2. A project manager needs to focus on the positive stakeholders since their needs are best served by the project.
  3. Overlooking negative stakeholders can result in an increased likelihood of failure.
  4. Stakeholders can have conflicting or differing objectives.
Correct Answer

Q3. A project team is having difficulty communication over long distances. There were 13 team members from two countries, and then 5 people from India were added. This is of concern to the project manager because:

  1. Communications channels grow rapidly.
  2. It will be harder to use reward power.
  3. Communication blockers grow linearly.
  4. Conflict can be increased with an increase in project priorities.
Correct Answer

Q4. A new project manager is planning a complex hardware installation project. The team consists of 13 people who are experts in their fields. The project manager does not want to micromanage the project. How far should he decompose the work?

  1. As small as possible because the work is complex.
  2. As large as possible because he is dealing with experts
  3. To 1000-hour work packages because he is dealing with experts
  4. To about 80-hour work packages because it will make the work less complex 8
Correct Answer

Q5. What theory proposes that efforts will lead to effective performance and will be rewarded for accomplishments?

  1. Conditional reinforcement
  2. Maslow’s hierarchy
  3. McGregor’s
  4. Expectancy.
Correct Answer

Q6. An experienced project manager has just begun working for a large information technology integrator. Her manager provided her with a draft project charter and immediately asks her to provide an analysis of the risks on the project. Which of the following would be the BEST help in this effort?

  1. An article from PM Network Magazine.
  2. Her project scope statement from the project planning process.
  3. Her resource plan from the project planning process.
  4. A conversation with a team member from a similar project that failed in the past.
Correct Answer

Q7. You are reviewing seller-prepared documents and quality audits are conducted during the seller’s execution of the work with an objective to identify performance success and failure. What process is this?

  1. Conduct Procurement
  2. Control Procurement
  3. Close Procurement
  4. Verify Scope
Correct Answer

Q8. The project for the accounting department has been going well when the company says that it must reduce the cost of the project without changing the quality requirements. The project manager has looked to trim any resources, paid more attention to risk on upcoming activities, and even has reduced product scope, but the project remains over the new budget limit. Which of the following should the project manager do NEXT?

  1. Get an extension of time
  2. Review expensive customer requirements that add the least benefit
  3. Suggest the project be terminated
  4. Cut 10 percent off the cost estimate of each remaining activity.
Correct Answer

Q9. Bill is the project manager of a software project that was originally estimated to be completed in 12 months. Two months into the project, it is discovered that the original estimating assumptions were fundamentally flawed. The Estimate at Completion (EAC) in such a project will be:

  1. EAC = AC + Bottom-up ETC
  2. EAC = BAC/CPI
  3. EAC = AC + [BAC - EV]/CPI
  4. EAC = AC + BAC - EV
Correct Answer

Q10. Your company is considering buying a building worth $1 million. If the company buys this building and rents it out for the next five years, it will get $100,000 per year as rent (receivable by the end of each year). At the end of the fifth year, the company will resell the building at $1.1 million. What is the NPV of this investment at 10 percent per annum discount rate?

  1. 62092
  2. 600000
  3. 1600000
  4. 2200000
Correct Answer








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