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Project Management Question Bank
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Question:

You are assigned to a project that senior management has already decided to outsource. As a project manager, you need to work with the contracts department to select the vendor and then oversee the vendor through the project completion. Company policy requires that a project of this size go through a formal bid process. A vice president in your company tells you that his friend owns one of the companies that might bid on the project and that the company would be an excellent choice as a vendor. This vice president has a reputation for making or breaking careers. What is generally the BEST course of action?
  1. Follow the bid process, and show the vice president why the favored vendor is or is not the best choice
  2. Obtain written permission to bypass the formal bid process
  3. Let the evaluation team know that management has a favorite vendor
  4. Let the contracts department handle the situation






Q2. Stakeholder identification is a continuous process. Which of the following statements about stakeholders is incorrect?

  1. Positive stakeholders benefit from the outcome of a project.
  2. A project manager needs to focus on the positive stakeholders since their needs are best served by the project.
  3. Overlooking negative stakeholders can result in an increased likelihood of failure.
  4. Stakeholders can have conflicting or differing objectives.
Correct Answer

Q3. Which of the following is not a Project Schedule Management process?

  1. Source Activities
  2. Estimate Activity Durations
  3. Define Activities
  4. Sequence Activities
Correct Answer

Q4. A manager notices that a project manager is holding a meeting with some of the team and some stakeholders to discuss the quality of the project. The project schedule has been compressed, and the CPI is 1.1. They have worked hard on the project, the team has been rewarded according to the reward system the project manager put in place, and there is a strong sense of team. The manager suggests that the project manager does not have enough time to hold meetings about quality when the schedule is so compressed. Which of the following BEST describes why the manager is wrong?

  1. Improved quality leads to increased productivity, increased cost effectiveness, and decreased cost risk
  2. Improved quality leads to increased productivity, decreased cost effectiveness, and increased cost risk.
  3. Improved quality leads to increased productivity, increased cost effectiveness, and increased cost risk
  4. Improved quality leads to increased productivity, decreased cost effectiveness and decreased cost risk.
Correct Answer

Q5. The Requirements Traceability Matrix helps in tracing all the following except:

  1. Requirements to project objectives
  2. Requirements to project scope
  3. Requirements to test strategy
  4. Requirements to project risk
Correct Answer

Q6. The communication model helps you communicate information to stakeholders smoothly. Which of the following is not a basic step in the communication model?

  1. Encode
  2. Transmit message
  3. Remove noise
  4. Decode message
Correct Answer

Q7. During the Conduct Procurements process, the procuring organization found that there were significant differences in pricing by different sellers. What is the best course of action in such a scenario?

  1. Award the project to a supplier who is already on the procuring organization's preferred supplier list.
  2. Cancel the procurement activity.
  3. Investigate whether the procurement statement of work was defective or ambiguous.
  4. Award the project to the highest bidder.
Correct Answer

Q8. Pareto charts help the project manager:

  1. Focus on the most critical issues to improve quality
  2. Focus on stimulating thinking.
  3. Explore a desired future outcome
  4. Determine if a process is out of control.
Correct Answer

Q9. A project manager is in the middle of the executing process of a very large construction project when he discovers that the time needed to complete the project is longer than the time available. What is the BEST thing to do?

  1. Cut product scope
  2. Meet with the management and tell them that the required date cannot be met
  3. Work overtime
  4. Determine options for schedule compression and present management with his recommended option.
Correct Answer

Q10. During project executing, the forecasted remaining hours exceed planned remaining hours. Consequently, the project takes on a negative variance. Which analysis method is the project manager likely to use as a measurement tool to validate this information?

  1. EV-PV
  2. EV/AC
  3. EV/PV
  4. EV-AC 75
Correct Answer








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