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Project Management Question Bank
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Question:

During Control risks process, the risk response owner should be:
  1. Identifying which risks he/she wants to monitor
  2. Controlling the identification of response strategies
  3. Informing the project manager of any midcourse correction needed
  4. Updating stakeholders of new strategies for mitigating risks.






Q2. Which of the following helps the project team to look at many sources from which project risks may arise in a risk identification exercise?

  1. Work Breakdown Structure
  2. Risk Breakdown Structure
  3. Risk register
  4. Issue log
Correct Answer

Q3. You are reviewing the response to an RFP issued by your company for a project that will last a year and exceed US$5 million. Three vendors have been shortlisted. The first, Nosteltec, Inc., is a relatively new company in this industry. It has assembled a team of industry experts with vast industry experience and qualifications. The second company, Xen Contractor, has been in business for 20 years. You and your company have a long and positive history working with this vendor. The third company is SonoNet LLC. It has been in business for 10 years and has a reputation for extensive expertise and superior delivery. They are also well-known for being one of the more expensive providers in the market. You have many relationships with the Xen Contractor staff, which you established during prior procurement contracts with this company. As a result, a project manager from Xen Contractor, with whom you are friendly both personally and professionally, calls you for clarification on a point

  1. Clarify via email
  2. Clarify via phone call
  3. Advise the vendor that the RFP is self-explanatory
  4. Send the clarification to all three vendors
Correct Answer

Q4. You are in the process of subdividing project deliverables and project work into smaller, more manageable parts so the project management team can get a structured vision of what has to be delivered. Which of the following is an output of this process?

  1. Scope baseline
  2. RBS
  3. Network diagram
  4. OBS
Correct Answer

Q5. Which of the following is true about risks?

  1. The risk register documents all the identified risks in detail.
  2. Risk impact should be considered, but probability of occurrence is not important.
  3. Risks always have negative impact and not positive.
  4. Risk Response Plan is another name for Risk Management Plan.
Correct Answer

Q6. Your construction project is in execution, and you require a major change to one of your supplier agreements. Can you directly make this change with mutual consent of the supplier during the Control Procurements process, or do you have to visit the Perform Integrated Change Control process, as well?

  1. The change request needs to be approved through the Control Procurements process prior to making the change through the Integrated Change Control process.
  2. The change request can be directly processed through the Control Procurements process since the change requests only affects a particular supplier agreement.
  3. The Control Procurements process is about identifying variances. The supplier contract can directly be altered through the Perform Integrated Change Control process.
  4. The change request needs to be approved through the Perform Integrated Change Control process prior to making the change through the Control Procurements process.
Correct Answer

Q7. You have a contract to build a manufacturing plant in Kuala Lumpur. However, you are not familiar with the building codes in Kuala Lumpur or Malaysia, so you are reviewing all their building codes prior to “turning a shovelful of earth.” This is an example of:

  1. Project initiation
  2. Quality assurance
  3. Quality planning
  4. Quality control
Correct Answer

Q8. You have accepted a position at a company where you will manage a group of projects in a coordinated way. This organization specifically hired you to start a project management office to help it develop a more structured approach to project management. What should you do FIRST?

  1. Study the history of the organization
  2. Get your job description changed to either project management or project management office work, but not both
  3. Meet with key stakeholders to better understand the organization and projects.
  4. Focus on communications with your boss and other senior managers
Correct Answer

Q9. Your project has a cost performance index (CPI) of 1.1, and a schedule performance index (SPI) of 1.03. All the deliverables to date have been completed to the customer’s satisfaction. Getting formal acceptance of the project management plan was difficult because the schedule was compressed beyond reason. Actvity B has float of 2 weeks, activity C has float of zero, activity D has zero float and activity E is being done by a new employee and has a float of 3 weeks. The hardest part of the project is about to start and even the project management office has asked you to increase your management oversight and report more often on the status of the project. In preparing your report you find out that the team member completing activity D reports a one day delay, the team member completing activity D reports that the material needed t o complete the activity has not arrived. The team member for activity B tells you his activity will be delayed by two days because the customer has delayed formal acceptance during the Validate Scope process. Another team member reports that the earned value-related trend report is favorable. What would you do if you were the project manager?

  1. Investigate why it was difficult to get formal acceptance of the project management plan and whether that problem added any risks to the project.
  2. Hold a meeting to walk through the upcoming difficult activities with those doing the work.
  3. Investigate the reason for the delayed material and the effect on the project
  4. Reassign resources from noncritical path activities to critical path activities and meet with the customer about activity B.
Correct Answer

Q10. Which of the following processes involves creating a coherent, consistent document that can be used to guide all the work in both project executing and project monitoring and controlling?

  1. Risk management
  2. Develop Project Management Plan
  3. Develop Project Scope Statement
  4. Plan Quality Management
Correct Answer










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