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Project Management Question Bank
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Question:

To create a quality product, the project management team invested in training the project team members and purchasing high-end equipment. Such costs are:
  1. Failure costs
  2. Costs of Nonconformance
  3. Appraisal costs
  4. Prevention costs






Q2. You are developing a product for your client. During the development of the product, the client has indicated that he needs some changes in the product, so you process his request. How do you manage changes in product specification?

  1. Change management
  2. Integration management
  3. Product management
  4. Configuration management
Correct Answer

Q3. An estimate at completion (EAC) is an output of which of the following?

  1. Control Costs
  2. Project performance review
  3. Variance management
  4. Performance measurement analysis
Correct Answer

Q4. A project manager wants to decrease costs on a project that a consultant is completing for her company. What costs should the project manager consider to accomplish this?

  1. Variable and fixed
  2. Variable and direct
  3. Fixed and indirect
  4. Direct and indirect
Correct Answer

Q5. A critical project rollout was delayed because one of the stakeholders did not receive necessary communication on time. On further analysis, the project manager discovered that the communication was sent to the wrong teams. This could have happened because:

  1. Communication broke down between the project team and the stakeholder.
  2. The project manager failed to manage stakeholder expectations.
  3. The stakeholder communications requirements were not properly analyzed during the Plan Communications Management process.
  4. The stakeholder did not proactively ask for updates.
Correct Answer

Q6. The Budget at Completion (BAC) for a project is $50,000. The Actual Costs (AC) to date are $10,000. The Earned Value (EV) is $7,000. At this stage, the project management team did a manual bottom-up summation of costs and forecast an Estimate to Complete (ETC) of $50,000. What is the Estimate at Completion (EAC) for the project?

  1. $57,000
  2. $40,000
  3. $60,000
  4. $53,000
Correct Answer

Q7. Total float is the amount of time an activity can be delayed without delaying the:

  1. Project
  2. Completion date required by the customer
  3. Early start of its successor
  4. Project completion date 34
Correct Answer

Q8. All of the following are responsibilities of the project manager EXCEPT:

  1. Carefully select the appropriate stakeholders for the project.
  2. Get stakeholders' sign-off that the requirements are finalized.
  3. Figure out when stakeholders will be involved in the project and how extensively.
  4. Ask stakeholders to let you know about problems in project communications and relationships.
Correct Answer

Q9. The project management plan is LEAST useful for which of the following?

  1. Guiding project execution
  2. Documenting planning assumptions
  3. Facilitating communication among stakeholders
  4. Developing the project charter
Correct Answer

Q10. If you finish your project early, there is a chance that you may get another project, so you are trying very hard to get your project finished. You use fast tracking, crashing, overtime, etc. Which strategy is this?

  1. Exploit
  2. Enhance
  3. Accept
  4. Mitigate
Correct Answer










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