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Project Management Question Bank
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Question:

A WBS is BEST described as a tool for tracking:
  1. The schedule.
  2. Resources
  3. Cost
  4. Scope






Q2. A project team includes five people when the project manager adds two more. How many additional channels of communication are there?

  1. 7
  2. 10
  3. 21
  4. 11
Correct Answer

Q3. As a project manager, you are presented with the following information on the net present value (NPV) of several potential projects. Which project is your BEST choice?

  1. Project A with an NPV $95,000
  2. Project B with an NPV of $120,000
  3. Project C with an NPV of $20,000
  4. Project D with an NPV of -$30,000
Correct Answer

Q4. 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

Q5. You have taken over a project from another manager who left the firm. This is a functional organization and the different units are often rather hostile to each other. The project is a large one involving activities that the organization has never done before. You find that the project has what appear to be adequate documentations, including an agreed-to project charter, project management plan, WBS, etc. The project is on schedule and within budget. However, the atmosphere in meetings with the project members often seems tense, and offhand comments made by participants seem to indicate a high level of dissatisfaction with the project. You review all of the major project documents with the key stakeholders and get agreement that they are still accurate, but this does not seem to solve the problem. What is the MOST likely explanation for this situation?

  1. There are personality conflicts amount the project team members that you need to uncover and resolve.
  2. The project does not have an effective sponsor and thus is not viewed as a high priority.
  3. Stakeholders have very different expectations about what the project is supposed to accomplish.
  4. The organizational structure and dynamics prevent people from working together effectively.
Correct Answer

Q6. As part of the procurement process, the procuring organization elected to have an estimate of costs prepared by an outside professional estimator. The estimator came up with an estimate of $500,000. However, the cost estimates prepared by prospective sellers were in the range of $200,000. How can this be best interpreted?

  1. The procurement statement of work was deficient and ambiguous.
  2. The professional estimator has inflated the estimate of costs.
  3. The prospective sellers do not have the required skills to do the project.
  4. Prospective sellers are trying to underbid and win the project.
Correct Answer

Q7. All of the following are tools for of the Determine Budget process EXCEPT:

  1. Aggregation
  2. Reserve analysis
  3. Funding limit reconciliation
  4. Bottom-up estimating
Correct Answer

Q8. Rearranging resources so that a constant number of resources is used each month is called:

  1. Crashing
  2. Floating
  3. Leveling
  4. Fast tracking
Correct Answer

Q9. During its first winter, a multi-year construction project experienced weather-related schedule delay that all the local parties involved described as typical for the area. What should the project manager do to integrate this information into the project schedule?

  1. Lengthen the estimated activity duration for all activities to occur the following winter
  2. Re-evaluate the schedule to determine the potential impact
  3. Leave the current project schedule unchanged and work the issues as they arise next year
  4. Make changes to the project management plan in order to maintain the current project schedule
Correct Answer

Q10. You are managing a project with part-time resources in a weak matrix organization. Several of the team members attend team meetings and have not completed their activity assignments as scheduled. AT your next team meting, the MOST important agenda item would be:

  1. To review the work breakdown structure.
  2. Team building.
  3. To review project schedule and assignments.
  4. To define the impact of the delays.
Correct Answer










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