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Project Management Question Bank
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Question:

What similarity exists between a cost-reimbursable contract and a timeand- materials contract?
  1. They are open-ended.
  2. The closure date is part of the contract.
  3. They have fixed bonus rates.
  4. They can never grow in value.






Q2. Change control tool selection should be based on the needs of the project stakeholders, including organizational and environmental considerations and/or constraints. Which of the following is not a key change management consideration while selecting an appropriate change control tool for a project?

  1. Identifying and selecting a change item
  2. Configuration item verification and audit
  3. Documenting the change into a proper change request
  4. Tracking change requests
Correct Answer

Q3. Which of the following scenarios is likely to occur in a project?

  1. Cost and staffing levels are low at the start of the project.
  2. Stakeholders' influence on the project is lowest at the start of the project.
  3. Risk and uncertainty are lowest at the start of the project.
  4. Cost of changes are the highest at the start of the project.
Correct Answer

Q4. Kate’s project is in execution. During an internal project review meeting, Kate learns that the stakeholder engagement plan needs an update. The last update was done two weeks earlier. According to the stakeholder engagement plan, the plan must be reviewed and updated on a monthly basis. The nature of the required update does not require following the formal change control process. What should Kate do?

  1. Wait for a couple of weeks to do the required update
  2. Update the plan review procedure first before making the required update
  3. Go ahead and do the required update
  4. Seek the project sponsor‘s guidance
Correct Answer

Q5. Erica is managing a kitchen tools manufacturing project, which is intended to produce modern cooking ovens. This project is hugely important for the company as well as for Erica‘s career. Although the project scope statement was well-defined and requirements were gathered from stakeholders in the planning phase, many design change requests have come in from customers during project execution. Which of the following tasks must Erica perform to avoid scope creep caused by uncontrollable changes?

  1. Perform validate scope process and process all changes through the plan risk responses process
  2. Perform integrated change control process and process all changes through the control quality process
  3. Perform scope control and process all changes through the integrated change control process
  4. Perform scope control and process all changes through the validate scope process
Correct Answer

Q6. The manager of a project that your company is running in another country is at the corporate headquarters for a company-wide project management meeting. During a break, you overhear the project manager discussing payments made to local municipal governments for construction permits for the project. Your company has a strict policy about paying or taking bribes. What should you do?

  1. Report him to PMI
  2. Report him to his manager
  3. Notify his project stakeholders
  4. Do nothing
Correct Answer

Q7. A management control point where scope, budget and schedule are integrated and compared to earned value for performance measurement is a:

  1. Code of accounts
  2. Control packages
  3. Control account
  4. Account Plan
Correct Answer

Q8. A scope change is made on the project. You have determined the effect on the schedule, performed integrated change control, and adjusted the project baselines and the project management plan. What is the NEXT thing to do?

  1. Look for impacts to cost
  2. Notify stakeholders affected by the change.
  3. Submit the change to the change control board for approval
  4. Change the work breakdown structure.
Correct Answer

Q9. There is a serious defect in the finished product of a project that was completed a few months ago, resulting in a recall campaign to recall the defective products. What would be the best classification for these types of costs?

  1. To complete performance index (TCP)
  2. Cost variance
  3. Cost of conformance
  4. Cost of nonconformance
Correct Answer

Q10. Which of the following is NOT part of the expert judgment tool and technique for the develop project management plan process?

  1. Tailor the process to meet the project needs
  2. Hold planning meetings to develop the risk management plan
  3. Determine resources and skill levels needed to perform project work
  4. Define the level of configuration management to apply to the project
Correct Answer










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