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Project Management Question Bank
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Question:

At the end of a two-year project, the key stakeholders agree that the project has met all its objectives outlined in the project charter and further defined in the scope and statement of work. The project was within budget and has finished on time. The management of one of the functional areas is quite upset because over half of his staff quit during the project citing long hours and lack of management support. What is the MOST correct statement about this project?
  1. The project was within budget and time and achieved its objectives. Upper management is responsible for providing adequate resources, and the project manager successfully managed the project with available resources.
  2. The project should be measured against how successfully it met its project charter. This was not done during this project.
  3. The project manager did not obtain adequate resources and did not set a realistic deadline based on resources available.
  4. The functional manager is responsible for his staff and obtaining adequate resources to meet the schedule once it has been set. The project and project manager achieved all of its objectives set forth in the project charter.






Q2. You are trying to decide whether to lease or buy an item for your project. The daily lease cost is US $150. The investment cost to purchase the item is US $2,000, and the daily cost is US $50. In how many days will the lease cost be the same as the purchase cost?

  1. 10
  2. 15
  3. 20
  4. 25
Correct Answer

Q3. Determining the physical resources, quantities of each, and when they would be used is the process of:

  1. Resource selection
  2. Estimate Activity Resources
  3. Resource leveling
  4. Define Activities
Correct Answer

Q4. A project manager works in a company that has a matrix organizational structure. A server administrator is assigned to the project manager’s project team. The server administrator is not taking direction from the project manager and the delay in the server administrator’s activities is causing a negative variance to the schedule. The server administrator works for the director of server administration. Who is primarily responsible for solving this problem?

  1. The project manager
  2. The server administrator
  3. The director of server administration
  4. The sponsor
Correct Answer

Q5. Janice, a project manager, wanted to obtain early feedback on the project requirements. However, she was concerned that the abstract representations of the requirements might not elicit useful feedback. Which of the following tools and techniques might help her overcome this hurdle?

  1. Histograms
  2. Prototypes
  3. Ishikawa diagram
  4. Control charts
Correct Answer

Q6. Which technique is NOT commonly used to align the timing of activities with available resources?

  1. Critical Path Method
  2. Resource Leveling
  3. Resource optimization
  4. Resource Smoothing
Correct Answer

Q7. Halfway through the executing process of your project, a team member alerts you to a potential cost overrun for a specific deliverable. What do you do FIRST?

  1. Determine the projected actual cost
  2. Implement a change control process to track the change
  3. Inform the customer.
  4. Determine the cause of the overage
Correct Answer

Q8. You are working in Lab-X, a laboratory experimental project to research the effect of a virus on human male bodies. This project needs local government approval for carrying out tests on living people. However, the local authorities informed you were informed it would take at least three weeks to obtain authorization for such approval because of the documents involved in the review and approval process. You consider this a risk to the project and would like to send the paperwork in advance to reduce the approval time to one week. Which of the following describes the risk response techniques being employed in this scenario?

  1. Risk mitigation
  2. Risk transfer
  3. Risk accept
  4. Risk avoid
Correct Answer

Q9. In an activity-on-node diagram, the nodes represent:

  1. Work packages
  2. Activities
  3. Dependencies
  4. Discretionaries 40
Correct Answer

Q10. The degree to which a particular stakeholder may be able to positively or negatively affect a project is his or her:

  1. Level of engagement.
  2. Level of interest.
  3. Level of commitment.
  4. Level of influence.
Correct Answer








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