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Project Management Question Bank
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Question:

While preparing your risk responses, you identify additional risks. What should you do?
  1. Add reserves to the project to accommodate the new risks and notify management.
  2. Document the risk items and calculate the expected monetary value based on probability and impact that result from the occurrences.
  3. Determine the risk events and the associated cost, and then add the cost to the project budget as a reserve.
  4. Add a 10 percent contingency to the project budget and notify the customer.






Q2. Which of these is not a legitimate model used to analyze stakeholders?

  1. Influence/impact grid
  2. Power/influence grid
  3. Sufficiency model
  4. Salience model
Correct Answer

Q3. The project manager has just received a change from the customer that does not affect the project schedule and is easy to complete. What should the project manager do FIRST?

  1. Make the change happen as soon as possible.
  2. Contact the project sponsor for permission.
  3. Go to the change control board.
  4. Evaluate the impacts on other project constraints.
Correct Answer

Q4. Clear criteria for rewards and a planned system for their use promotes and reinforces desired behaviors in the project. Creating a recognition plan with established times for rewards ensures that recognition takes place and is not forgotten. This is usually part of the:

  1. Project Dashboard
  2. Resource Management Plan
  3. Company HR plan
  4. Communications Management Plan
Correct Answer

Q5. You are constructing a school building and due to some unforeseen incidents, your project is delayed. To bring the project on schedule, you are thinking about running several activities in parallel which were earlier planned to run sequentially. So, you started reviewing activities such as excavation of foundation, building walls, carpentry work, electrical work, and plumbing work, etc. After the review, you decide to run the carpentry, electrical, and plumbing works together. Excavating the foundation for the construction of a wall is an example of which of the following?

  1. Mandatory dependency
  2. Discretionary dependency
  3. External dependency
  4. Internal dependency
Correct Answer

Q6. Which of the following BEST describes the meaning of the 50/50 rule?

  1. Grant 50 percent progress on an activity when it begins and 50 percent upon completion
  2. 50 percent of the work is done by 50 percent of the people on the project
  3. Identify 50 percent of risks before you start to develop responses.
  4. The project is given credit for completing 50 percent of the work when it starts.
Correct Answer

Q7. The work breakdown structure can be BEST thought of as an effective aid for _________ communications.

  1. Team
  2. Project manager
  3. Customer
  4. Stakeholder 13
Correct Answer

Q8. Which option is not representative of the inputs, tools and techniques, and outputs of the Direct and Manage Project Work process?

  1. PMIS, Project Management Plan, and Deliverables
  2. Deliverables, Approved Change Requests, and Project Management Information System
  3. Approved Change Requests, Validated Changes, and PMIS
  4. Approved Change Requests, Project Management Plan, and Work Performance Data
Correct Answer

Q9. A report that is focused on predicting future project status is called a:

  1. Trend report.
  2. Forecasting report.
  3. Status report.
  4. Variance report.
Correct Answer

Q10. In which of the following situations would it be better to avoid using Analogous Estimating?

  1. When the project team members have the needed expertise
  2. When an accurate estimate is required
  3. When a low value estimate is required
  4. When the previous activities are similar in fact and not just appearance
Correct Answer








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