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Project Management Question Bank
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Question:

The project for the accounting department has been going well when the company says that it must reduce the cost of the project without changing the quality requirements. The project manager has looked to trim any resources, paid more attention to risk on upcoming activities, and even has reduced product scope, but the project remains over the new budget limit. Which of the following should the project manager do NEXT?
  1. Get an extension of time
  2. Review expensive customer requirements that add the least benefit
  3. Suggest the project be terminated
  4. Cut 10 percent off the cost estimate of each remaining activity.






Q2. 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

Q3. You have received many bids from contractors and are now separating them according to their experience, technical expertise, and capabilities. After segregating these responses, you are reviewing them to see if they are capable of doing the job or not. What process is this?

  1. Conduct procurement
  2. Plan procurement management
  3. Proposal evaluation technique
  4. Manage quality
Correct Answer

Q4. A project manager scheduled a review at the end of a phase, with the objective of obtaining authorization to close the current project phase and initiate the next phase. Which of the following is an incorrect way of describing this review?

  1. Phase gate
  2. Phase planning
  3. Kill point
  4. Stage gate
Correct Answer

Q5. When the project manager completes the detailed project schedule, it would be MOST important to get it approved by the:

  1. Project sponsor
  2. Team
  3. Functional managers
  4. Customer 42
Correct Answer

Q6. The project manager on a large software installation project is working with her team on a critical set of activities. They are working late on Saturday night. Circumstances create the wherein the project manager must decide to change the schedule that will push the end date of the project out two weeks. What has MOST likely happened?

  1. An emergency project change has taken place.
  2. Scope creep has occurred
  3. A status change to the implementation has taken place.
  4. Risk assessment failure has taken place
Correct Answer

Q7. A functional manager wants to change an activity estimate. The project manager analyzes the change and determines that it will cause a delay in the entire project. Who should authorize the change?

  1. Project team
  2. Sponsor
  3. Project manager
  4. Change control board
Correct Answer

Q8. The Code of Ethics and Professional Conduct has as its foundation four values identified by practitioners from the global project management community. They are:

  1. Respect, fairness, transparency, and freedom
  2. Responsibility, transparency, fairness, and honesty
  3. Respect, freedom, honesty, and transparency
  4. Responsibility, respect, fairness, and honesty
Correct Answer

Q9. Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase?

  1. Procurement administrator
  2. Project coordinator
  3. Project manager
  4. Project sponsor
Correct Answer

Q10. You have estimated the cost of your project by calculating the cost of each activity, adding them together to get the cost of a work package, and then you adding together the cost of all work packages. What kind of estimate are you using here?

  1. Top down
  2. Bottom up
  3. Parametric
  4. Ball park estimate
Correct Answer










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