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Project Management Question Bank
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Question:

Your project no longer ties into the company’s objectives. What would be the BEST thing to do?
  1. Decrease the cost
  2. Extend the schedule
  3. Change the CPI
  4. Change the target opportunity cost






Q2. Which of the following is a basic rule or guideline for creating a work breakdown structure?

  1. The first row should describe the products of the project
  2. Each level of a work breakdown structure is a smaller segment of the level above
  3. A work breakdown structure should be like a to-do list, listing in chronological order every activity that needs to be done to complete the project.
  4. A work breakdown structure should be organized by functional areas.
Correct Answer

Q3. A project employs a virtual team with team members located in different offices in the same city as well as across different cities. The project manager wishes to build trust and good working relationships. One of the best ways to do this is:

  1. To use team-building strategies
  2. Write a memo to the team detailing the need for good working relationships
  3. Plan for job-rotation on a weekly basis
  4. To encourage the use of telephonic conversations as much as possible
Correct Answer

Q4. If a project manager is using observation and conversation to help control the project, she must be involved in which process?

  1. Develop Project team
  2. Distribute information
  3. Manage Stakeholder Expectations
  4. Manage Project team.
Correct Answer

Q5. Warranty and inventory costs are going up, causing the project manager to worry about the costs of non-conformance. What is the BEST advice you can give the project manager?

  1. Increase scrap.
  2. Increase rework
  3. Perform a quality audit.
  4. Look for benchmarks.
Correct Answer

Q6. Which of the following is CORRECT?

  1. The critical path helps prove how long the project will take
  2. There can be only one critical path
  3. The network diagram will change every time the end date changes
  4. A project can never have negative float.
Correct Answer

Q7. The product design your project team developed was extremely well received by the customer. There were two key contributors to this design. The customer calls you to tell you how pleased he is with the design. What do you tell him?

  1. Ask to negotiate a bonus payment.
  2. Thank the customer.
  3. Thank him on behalf of the team and call out the contributions two of the team members made.
  4. Tell the customer you worked very hard on the design, and you are happy he is pleased.
Correct Answer

Q8. If an investment in a project returns 15 percent annually, how much should you invest to get $5 million by the end of the fifth year?

  1. 2485884
  2. 2857143
  3. 2501376
  4. 2685292
Correct Answer

Q9. Your project is currently scheduled to take 117 months. Based on the chart, you could crash the project by five months at a cost of US $20,000.

  1. 55 months
  2. 25 months
  3. 112 months
  4. 117 months 74
Correct Answer

Q10. You are developing the project management plan. Management asks you to provide them with information on the chances of completing the project under different circumstances. The project is important and so management does not want to delay the schedule. You compile the data and use a tool and tell management that there is a 90% chance you can complete the project within the schedule, however, if you are given three weeks of extra time, the chance of completing project rises to 98%. Which of the following statements is true about the tool you have used to come up with this information?

  1. It is a perform qualitative risk analysis process technique
  2. It is a perform quantitative risk analysis process technique
  3. It is a control quality process technique
  4. It is a technique of the determine budget process
Correct Answer










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