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Project Management Question Bank
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Question:

Megawatt is estimating the expected cost of a new ERP system deployment project using the actual costs of an earlier similar ERP system deployment project as the basis for the cost. This is what type of estimating?
  1. Analogous
  2. Bottom-up
  3. Expert Judgment
  4. Parametric






Q2. You are the project manager of a project whose team has interacted with a number of stakeholders. You believe that in order to have an objective project performance appraisal, you would like to obtain feedback for the project team members from all the people they have worked with, including superiors, peers and subordinates. Project performance appraisals are performed during which of the following processes?

  1. Close Project or Phase
  2. Acquire Resources
  3. Manage Team
  4. Develop Team
Correct Answer

Q3. How many types of relationships between activities can be found on a precedence (AON) diagram?

  1. 4
  2. 3
  3. 2
  4. 1
Correct Answer

Q4. Which of these statements is true?

  1. The cost of correcting mistakes through an inspection is much less than the cost of preventing them.
  2. The cost of preventing mistakes is generally much less than the cost of correcting them as revealed by inspection.
  3. It does not matter where a defect is captured as long as the finished work product does not have a defect.
  4. The cost of correcting mistakes through an inspection is more or less the same as the cost of preventing them since the same effort goes into both activities.
Correct Answer

Q5. Stanley's project is in execution. Stanley has a monthly stakeholder update meeting scheduled in which he presents the project's progress and current issues to the key stakeholders. During the last stakeholder update meeting, the stakeholders requested Stanley to provide bi-weekly project updates instead of monthly updates. The communication management plan has been broadly framed, and it does not restrict Stanley from doing bi-weekly updates. What should Stanley do?

  1. Start providing bi-weekly updates instead of monthly updates
  2. Update the communication management plan prior to providing the biweekly updates
  3. Disregard the stakeholders' request and continue with the monthly updates
  4. Request that the stakeholders submit a change request
Correct Answer

Q6. A ranking of risk and a list of risks for additional analysis are all outputs of which process of risk management?

  1. Identify Risks
  2. Perform Qualitative Risk Analysis
  3. Perform Quantitative Risk Analysis
  4. Plan Risk Responses.
Correct Answer

Q7. Two months into a design project, the customer requested a modification to the product. The change was made without notifying the project manager. During the final testing phase, results were different then what was planned for. This scenario is BEST thought of as an example of which of the following?

  1. Poor scope control
  2. Poor adherence to the communications management plan
  3. Poor development of the quality management plan
  4. Poor definition of the test plan
Correct Answer

Q8. A problem occurs on an activity with free float and the project manager has extended its duration. What is MOST likely to be affected?

  1. Project duration
  2. Resource schedules
  3. Project scope management plan
  4. The latest start for the successor activity
Correct Answer

Q9. You have a choice of four ongoing projects that you can take over as project manager. Project 1 has a benefit cost ratio (BCR) of 1.4, is a high priority project and has a critical path length of 16 months. Its cost performance index (CPI) is 1.2. Project 2 has a schedule performance index (SPI) of 1.1, is using three critical resources, has a low priority, and has a BCR of 1.1. Project 3 has a CPI of 1.2, an SPI of 0.89, a BCR of 1.6, and a critical path length of 19 months. Project 4 has a CPI of 0.82, an activity with 33 days of float, a hard-to-get resource assigned to activity L, and a priority of keeping cost low. Based on the above, which project would you prefer to take over?

  1. Project 1
  2. Project 2
  3. Project 3
  4. Project 4
Correct Answer

Q10. Your project team is having a dispute with a vendor about whether a specific task is within the project’s scope. The scope statement does not provide implementation-level details that could resolve this dispute. There is no WBS, however, because the project sponsor insisted that the project be started right away without pausing to create standard project planning documentation. Who is at fault?

  1. The project manager
  2. The project sponsor
  3. The project stakeholders
  4. The project vendor
Correct Answer










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