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Project Management Question Bank
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Question:

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.






Q2. You have just been assigned as project manager for a large telecommunications project. This one-year project is about halfway done. The project team consists of five sellers and 20 of your company’s employees. You want to understand who is responsible for doing what on the project. Where would you find such information?

  1. Responsibility assignment matrix
  2. Resource histogram
  3. Bar chart
  4. Project organization chart.
Correct Answer

Q3. The probabilistic analysis of the project is an input to which part of the risk management plan?

  1. Identify Risks
  2. Perform Qualitative Risk Analysis
  3. Perform Quantitative Risk Analysis
  4. Plan Risk Responses.
Correct Answer

Q4. A change control system should be created:

  1. As needed on the project
  2. By management
  3. As a formal documented procedure
  4. By the team 4
Correct Answer

Q5. A planning technique used to provide products, services, and results that truly reflect customer requirements, by translating those customer requirements into the appropriate technical requirements for each phase of project product development, is:

  1. Six Sigma
  2. PDCA
  3. Voice of the Customer
  4. ISO
Correct Answer

Q6. A team of experts come to your project and ask for approved procedures to verify your team is following these procedures. This is an example of which of the following?

  1. Quality control
  2. Manage quality
  3. Verify scope
  4. Control scope
Correct Answer

Q7. During the project execution, a stakeholder comes to you and argues against a particular deliverable. You investigated it and found that this particular deliverable was based on his requirement. To prove this, what document will you show to him?

  1. Scope statement
  2. Requirement traceability matrix
  3. Statement of work
  4. Scope management plan
Correct Answer

Q8. What is present value (PV)

  1. Value of assets that a company owns
  2. Today’s value of future cash flows
  3. Future value of money on hand today
  4. Current value of today’s assets adjusted for inflation 9
Correct Answer

Q9. All of the following are parts of an effective change management plan EXCEPT:

  1. Procedures
  2. Standards for reports
  3. Meetings
  4. Lessons learned
Correct Answer

Q10. Key project stakeholders can significantly influence a project in many ways. During which stage of the project do these stakeholders have the maximum ability to influence a project?

  1. Planning
  2. Initiating
  3. Executing
  4. Monitoring & Controlling
Correct Answer








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