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Project Management Question Bank
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Question:

Which of the following processes involves creating a coherent, consistent document that can be used to guide all the work in both project executing and project monitoring and controlling?
  1. Risk management
  2. Develop Project Management Plan
  3. Develop Project Scope Statement
  4. Plan Quality Management






Q2. A project is facing a major change to its project deliverables. If the project manager is involved in determining which quality standards are relevant to the change, the project manager must be involved in:

  1. Quality management
  2. Manage Quality
  3. Plan Quality
  4. Perform Quality Control
Correct Answer

Q3. A team member notifies you, after the fact, that she has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change?

  1. Inform the customer
  2. Make sure marketing is aware of the change
  3. Understand what functionality was added
  4. Implement change control processes to track the change
Correct Answer

Q4. The testing results for the new computer modulation project have arrived from the seller. The results indicate the project is not meeting the overall requirements. If the project manager meets with the team members to analyze the situation, the project manager is involved in which process?

  1. Quality management
  2. Manage Quality
  3. Plan Quality
  4. Perform Quality Control.
Correct Answer

Q5. While conducting interviews for a project manager position, you notice that your classmate is one of the prospective candidates. What should you do immediately?

  1. Encourage your classmate by offering some tips
  2. Resign from the interview panel
  3. Remove your classmate from the list
  4. Inform the interview panel of the relationship
Correct Answer

Q6. A company is attempting to select the BEST project from a list of possible choices. If the information they have includes the following benefit cost ratios, which project should they pick?

  1. 2.2
  2. 1.3
  3. 0.8
  4. 1.6
Correct Answer

Q7. You are finishing the prototype that was planned as a risk mitigation strategy when you find out that the benefit cost ratio (BCR) has been improved and the project cost performance index (CPI) is 1.03. The standard deviation on the project time estimate has decreased and you discover that the prototype, already almost finished, can fulfill the needs of another project requirement as well. What should you do FIRST?

  1. Look for ways to help get the prototype accepted faster and thus cut cost
  2. Compress the project to get it completed faster using the prototype
  3. Review the benefits of the project with the customer and determine if the prototype will improve the benefits
  4. Look for the risk impacts of fulfilling another requirement with the prototype.
Correct Answer

Q8. You are managing a heavy equipment manufacturing project that involves many mechanical, electrical, and IT staff. Your team prepared a schedule network diagram using duration estimates with dependencies and constraints. Your team also calculated the critical path for the project using late and early values. Today, your project office has indicated to you that some of the resources you had planned for the project will be unavailable. To deal with this, you explore the possibility of modifying the schedule to account for limited resources. What is your best possible step in such a situation?

  1. Recalculate critical path after applying the resource constraints
  2. Perform Resource Leveling to account for limited resources
  3. Use crashing or fast tracking to level resources across the project
  4. Apply leads and lags to develop a viable schedule
Correct Answer

Q9. Your project is currently scheduled to take 117 months. Based on the chart, you could crash the project by five months at a cost of US $20,000.

  1. 55 months
  2. 25 months
  3. 112 months
  4. 117 months 74
Correct Answer

Q10. The customer is repeatedly requesting changes. You discover the contract does not include procedures or implementing change. There are no available funds in the customer’s budget to accommodate change. What should you do?

  1. Ask your management to use money from the company’s cost reserve.
  2. Tell the customer there is no budget for changes in the project
  3. Discuss the situation with the customer to decide how to remedy this problem
  4. Make only those changes that do not impact cost.
Correct Answer










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