Project Management Question Bank
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Project Management- Q2. Gordon is currently developing his project’s stakeholder management strategy. All enterprise environmental factors should be considered during this process. Which of the following enterprise environmental factors should be paid special attention during this process?

1. Project templates
2. The organization's culture and structure
3. Commercial databases
4. Lessons learned from past similar projects

Project Management- Q3. During the conceptual phase of a pipeline project, the project engineer estimates the following. The cost of the materials is most likely US $100,000, optimistically US $90,000, and pessimistically US $120,000. The cost for labor is most likely US $ 80,000, optimistically US $70,000, and pessimistically US $100,000. The cost for equipment is most likely US $60,000, optimistically US $50,000, and pessimistically US $70,000. The cost for construction management fees is most likely US $30,000, optimistically US $20,000, and pessimistically US $40,000. What is the probability of the project coming in under US $270,000?

1. Zero
2. Less than 50 percent
3. Exactly 50 percent
4. Over 50 percent

Project Management- Q4. A project manager for a large international bank has a project team that just implemented an electronic funds project involving four large vendors. The project manager struggled through every part of the procurement process since the bank had a weak internal procurement department. What would be the MOST appropriate thing to do to ensure the problems are resolved for future projects?

1. Document all of the issues in a memo, and schedule a meeting with the head of the procurement office.
2. Include a agenda item in the project closedown to discuss these issues in a non-threatening manner
3. Address this through contract change control.
4. Conduct a procurement audit.

Project Management- Q5. While collecting work performance data, one of your team members has a misunderstanding about the description of work of several activities, their cost estimates, and the resources required by them. She comes to you and explains the situation. To answer her questions, what document will you ask her to refer to?

1. Scope baseline
2. Cost baseline
3. WBS dictionary
4. Project schedule

Project Management- Q6. You are the project manager for one part of a new program in your organization. You are four months into a three-year project when your project team makes significant discoveries on your project. What is the BEST thing to do?

1. Make certain the discoveries are included in the project lessons learned
2. Make certain the discoveries are in the monthly status report.
3. Make certain you mention the discoveries at the senior management meeting in two months
4. At the weekly meeting, make certain you tell the other project managers involved in this program about the discoveries.

Project Management- Q7. The customer’s expectations for quality are shown on a control chart as the:

1. Mean
2. Specification limits
3. Rule of seven
4. Upper and lower control limits

Project Management- Q8. Project Team A has been hired to manage a transportation project very similar to dozens of projects the team has managed successfully in the past. The team has determined that the probability of achieving project objectives is 94 percent. What part of the risk process is the team in?

1. Perform Qualitative Risk Analysis.
2. Plan Risk Responses.
3. Perform Quantitative Risk Analysis.
4. Identify Risks.

Project Management- Q9. You have completed your project to construct a railway bridge. The project is in the closing phase and you are now archiving various documents such as the stakeholder register, risk register, project calendar, etc. All these documents are part of:

1. Project closure documents
2. Historical information
3. Project files
4. Enterprise environmental factors

Project Management- Q10. A project manager is spending most of the project funding in the current phase of the project. The manager is also managing various resources in the project. What is the stakeholder influence on the project now compared to earlier phases?

1. Cannot be determined
2. More
3. Less
4. Same