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Project Management Question Bank
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Question:

During project executing, a new project manager is assigned to the project and finds that the activity cost estimates for the project have rarely been accurate. Which of the following was MOST probably not done?
  1. Obtain a cost constraint from management, create a work breakdown structure, and develop a project management plan.
  2. Obtain a cost constraint from management, perform a risk assessment, and form a team.
  3. Form a team, create a work breakdown structure, and use historical records from previous projects.
  4. Form a team, develop a project management plan, and perform a risk assessment.






Q2. A project manager is finalizing the resources for the project team. All of the following will help the project manager complete this work EXCEPT:

  1. Staffing pool description
  2. Work breakdown structure
  3. Staffing management plan
  4. Reward and recognition systems.
Correct Answer

Q3. A project uses rounding of activity cost estimates data to the nearest $100, uses staff hours as the unit of measure for resources, and has a variance threshold of 10 percent deviation from the baseline plan. These approaches are typically documented in the:

  1. Cost management plan
  2. Scope Statement
  3. WBS
  4. Project charter
Correct Answer

Q4. Christine is managing a healthcare software development project. At a PMI conference, she met George, who is the project manager at a competing organization. George, a PMP, has managed many successful healthcare-related software development projects. If George shares his stakeholder management experience with Christine, will that be considered expert judgment?

  1. No! George is a project manager at a competitor organization.
  2. Yes! All participants at a PMI conference are experts.
  3. Yes! George is an expert in managing such projects.
  4. No! This would be an example of expert opinion and not expert judgment.
Correct Answer

Q5. The project charter for a project was approved for planning, and you have just been assigned as project manager. Realizing that project planning is an ongoing effort throughout the project, which processes are you MOST likely to combine?

  1. Create WBS and Define Activities
  2. Estimate Activity Durations and Develop Schedule
  3. Plan Resource Management and Estimate Costs
  4. Estimate Costs and Determine Budget
Correct Answer

Q6. You have a project with the following activities: Activity 1 can start immediately and has an estimated duration of four. Activity 2 can start after activity 1 is completed and has an estimated duration of eight. Activity 3 can start after activity 2 is completed and has an estimated duration of five. Activity 4 can start after activity 1 is completed and has an estimated duration of eight. Activity 5 has an estimated duration of three and must take place concurrently with activity 3. It can start after activities 4 and 2. What is the duration of the critical path of this project?

  1. 15
  2. 18
  3. 17
  4. 12
Correct Answer

Q7. All of the following statements about work breakdown structures are true, EXCEPT:

  1. They are created by the project manager
  2. They prevent work from slipping through the cracks
  3. They provide a basis for estimating the project.
  4. They help to organize the work
Correct Answer

Q8. Large variations in the periodic expenditure of funds are undesirable for organizational operations. Therefore, the expenditure of funds is frequently reconciled with the disbursement of funds for the project. According to the PMBOK, this is known as:

  1. Disbursement Reconciliation
  2. Expenditure Reconciliation
  3. Budget Reconciliation
  4. Funding Limit Reconciliation
Correct Answer

Q9. A Responsibility Assignment Matrix illustrates the connections between the work that needs to be done and the project team members. A RACI chart is a type of Responsibility Assignment matrix in which the names of the roles being documented are:

  1. Responsible, Administration, Check, and Inform
  2. Reportable, Actionable, Check, and Inform
  3. Responsible, Accountable, Consult, and Inform
  4. Reportable, Actionable, Consult, and Implement
Correct Answer

Q10. A parking lot fencing project was bid at US $11 per foot, and one company is doing all the work. The parking lot has four equal sides of 125 feet and requires the installation of a six-foot diameter culvert on one side. Fencing should be installed at a rate of 100 feet per day. The culvert installation will cost US $500 and take one day to complete. The culvert must be installed before work can begin on that side of the fence. After three days of work, one side is complete, another project has 75 feet installed, and the culvert is completely installed. What is the current status of the project?

  1. The budget is neutral with a cost variance of $0
  2. It is over budget, with a cost variance of -$1,100.
  3. It is under budget, with a cost variance of +$500 due to the completion of the culvert installation
  4. It is over budget with a cost variance of +$125.
Correct Answer










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