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Project Management Question Bank
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Question:

You are building a mansion that will have copper roofs. The duration of the project will be approximately three years. You have built into the contract that, as the price of copper increases, your price increases as a percentage of the cost of the copper. However, all other costs are fixed. This is an example of what type of contract?
  1. Fixed Price with Economic Price Adjustment
  2. Fixed Price Incentive Fee
  3. Unit Price
  4. Time and Materials






Q2. A scope change has been approved by the change control board. Which of the following MUST be impacted?

  1. The early start date of the activities later in the network diagram
  2. The cost of the project
  3. The expected monetary value of project risks
  4. The number of resources used on the project
Correct Answer

Q3. The project manager has noticed that there have been a lot of changes on the project. This has not been considered to be a problem until one day he discovers that he cannot determine how many scope changes are currently being reviewed. This problem would be an error in which of the following?

  1. Change control system and project scope management plan
  2. Plan purchases and acquisitions and requirements gathering
  3. Lack of a change control board and constrained optimization
  4. A poor change configuration system and benefit analysis
Correct Answer

Q4. Which of the following BEST describes when the baseline can be changed?

  1. Only under emergency conditions
  2. The original baseline is always maintained throughout the project
  3. With any approved changes
  4. When the project sponsor determines it is appropriate
Correct Answer

Q5. Nancy’s project is 80 percent complete. Which of the following project documents is least likely to be updated during the Monitor Stakeholder Engagement process performed at this stage?

  1. Project charter
  2. Risk register
  3. Stakeholder register
  4. Issue log
Correct Answer

Q6. Total float is the amount of time an activity can be delayed without delaying the:

  1. Project
  2. Completion date required by the customer
  3. Early start of its successor
  4. Project completion date 34
Correct Answer

Q7. A critical resource is on another project team. It is essential that you get his time for your project. You have contacted the resource’s team manager several times but have received a poor response. What should you consider doing next?

  1. Plan for an alternate resource since this resource is not available.
  2. Try to use management influence to obtain the resource's time.
  3. Contact the manager once again to see if he can help.
  4. Train another resource within your project.
Correct Answer

Q8. You have identified risks and now have asked your team members to analyze which risks have the largest potential impact on the project. Which of the following tools will help you find this impact?

  1. Sensitivity analysis
  2. Pareto analysis
  3. Probability and impact analysis
  4. Decision tree method
Correct Answer

Q9. After a great deal of effort, the project team has finally determined the specifications for a major scope change to the project. In light of this, what should the project manager do FIRST?

  1. Look for other changes
  2. Notify the stakeholders about the new scope
  3. Gain sign-off on this change
  4. Calculate the risks associated with this change
Correct Answer

Q10. Project success is all about managing stakeholders efficiently and fulfilling their requirements. To keep them satisfied you will have to compare the current engagement level of all stakeholders with the planned stakeholder engagement throughout the project life cycle. As per the PMBOK Guide Sixth Edition, which option is not an engagement level of stakeholder classification?

  1. Resistant
  2. Neutral
  3. Aggressive
  4. Supportive
Correct Answer










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