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Project Management Question Bank
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Question:

A project manager is analyzing the relationship between the consumption of project funds and the work being accomplished for such expenditures. In which project management process would this be done?
  1. Determine Budget
  2. Estimate Costs
  3. Control Costs
  4. Manage Costs






Q2. The Direct and Manage Project Work process has three tools and techniques. Two of them are Expert Judgment and Meetings. What is the third one?

  1. Scheduling System
  2. Configuration Management System
  3. Project Management Information System
  4. Change Control System
Correct Answer

Q3. The project has been going well when one of the suppliers informs you that, as they warned you during project planning, they will deliver your equipment two days late. At the same time, you get a call from a team member informing you that the critical path activity she is working on will take longer to complete than planned. What is the BEST thing to do?

  1. Use a contingency reserve for the first, and find out how much later the activity will be
  2. Ask for a change order for each
  3. Have both reviewed with the change control board
  4. Find out why the activity was late 8
Correct Answer

Q4. After identifying a risk to your project, you determine that there is a high probability of risk occurring with a low consequence. What mitigation strategy is BEST to adopt?

  1. Eliminate the consequence of the risk.
  2. Avoid the risk
  3. Add the risk to the watch list
  4. Insure against the risk.
Correct Answer

Q5. A seller submits an invoice that is outside the funding limit reconciliation completed during project planning. What is the LEAST likely cause?

  1. An activity has taken longer to complete than planned.
  2. The critical path was fast tracked during project planning
  3. Equipment was received earlier than planned
  4. There was a cost increase to the successor activity of a critical path activity.
Correct Answer

Q6. Which of the following is not a tool or technique of the Acquire Resources process?

  1. Negotiation
  2. Multi-criteria decision analysis
  3. Pre-assignment
  4. Conflict management
Correct Answer

Q7. Outputs of the Develop Project Team process are:

  1. Roles and responsibilities, project organization charts, and staffing management plan
  2. Project organization charts, project staff assignments, and roles and responsibilities.
  3. Project manager plan updates, staffing management plan, and project organization charts.
  4. Roles and responsibilities, staffing management plan, and resource availability
Correct Answer

Q8. You have recently been assigned to a research project. Although there is a limited number of key stakeholders, there is a big number of other stakeholders involved in this project, especially the ones who will be using the research’s outcome. You have some specific questions. Which of the following is the best way to quickly obtain responses from a big group of stakeholders?

  1. Focus groups
  2. Questionnaires
  3. Interviews
  4. Phone calls
Correct Answer

Q9. Contingency Reserves are estimated costs to be used at the discretion of the project manager to deal with:

  1. Scope creep
  2. Anticipated but not certain events
  3. Unanticipated events
  4. Anticipated and certain events
Correct Answer

Q10. The Quality Policy is the intended direction of a performing organization with regard to quality. However, as a project manager in a performing organization, you find the organization lacks a formal quality policy. What should you do in such a case?

  1. The project management team does not need to develop a quality policy since the performing organization does not have one.
  2. The project management team needs to obtain the quality policy from the customer.
  3. A quality policy is nice to have but is not required for every project.
  4. The project management team will need to develop a quality policy for the project.
Correct Answer










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