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Project Management Question Bank
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Question:

During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:
  1. Let the sponsor know of the stakeholders’ request
  2. Evaluate the impact of adding the scope
  3. Tell the stakeholders the scope cannot be added
  4. Add the work if there is time available in the project schedule






Q2. Anne is the project manager of a project. She has evaluated certain responses from prospective sellers and wants to select a contract model that will transfer risk to the seller. Which of the following should she select in order to achieve this?

  1. Time and Material contract
  2. Fixed price contract
  3. Cost-Plus-Fixed-Fee contract
  4. Cost-Plus-Incentive-Fee contract
Correct Answer

Q3. You are managing a project in a just-in-time environment. This will require more attention, because the amount of inventory in such an environmental is generally:

  1. 45 percent
  2. 10 percent
  3. 12 percent
  4. 0 percent
Correct Answer

Q4. Risk response owners can potentially have conflict with risk auditors because risk auditors:

  1. Report to the project manager
  2. Investigate the effectiveness of the risk response owner
  3. Measure the effectiveness of the risk thresholds.
  4. Report to the stakeholders
Correct Answer

Q5. Which of the following is an example of a parametric estimate?

  1. Dollars per module
  2. Learning bend
  3. Bottom-up
  4. CPM
Correct Answer

Q6. The most recent analysis of Microcorp's new fabrication facility renovation project shows a CPI value of less than 1.0. What does this indicate?

  1. The cost has overrun estimates.
  2. The cost has underrun estimates.
  3. The project is running ahead of schedule.
  4. The schedule has slipped.
Correct Answer

Q7. Your project calls for communication with an extremely large audience. What communication method would be appropriate under such circumstances?

  1. Pull communication
  2. Interactive communication
  3. Two-way communication
  4. Verbal communication
Correct Answer

Q8. A control chart is used to determine whether a process is stable or has predictable performance. When a process is within acceptable limits, the process does not need adjustment. How are these upper and lower control limits determined?

  1. Statistical calculations
  2. Variance analysis
  3. Pareto chart
  4. ROM estimate
Correct Answer

Q9. A project organizational chart shows resources and:

  1. WBS work packages
  2. Activity resource estimates
  3. Responsibilities
  4. Schedule.
Correct Answer

Q10. The sponsor assigns you to be the project manager of a project that crosses functional lines and is designed to operate a 6 sigma levels. The sponsor has given you cost and schedule requirements. Which of the following would NOT be an appropriate action on your part?

  1. Accepting the requirements
  2. Evaluating the project risks
  3. Creating a detailed estimate
  4. Working with the team to come up with a project management plan
Correct Answer








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