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Project Management Question Bank
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Question:

Which of the following BEST describes why quality is planned in and not inspected in?
  1. It reduces quality and is less expensive.
  2. It improves quality and is more expensive
  3. It reduces quality and is more expensive
  4. It improves quality and is less expensive






Q2. Performance reporting is important during administrative closure, in order to:

  1. Show progress made on activities.
  2. Communicate the team’s success.
  3. Gain approval to start the lesions learned.
  4. Prove formal acceptance has been achieved.
Correct Answer

Q3. The costs on a project are typically classified as direct and indirect costs. The cost of electric utilities for the office is:

  1. An indirect cost
  2. Appraisal cost
  3. A specific cost
  4. A direct cost
Correct Answer

Q4. The transition from one phase to another within a project's lifecycle (e.g., from design to manufacturing) is typically marked by:

  1. Kill point
  2. Monte Carlo
  3. Constraint
  4. Decision tree
Correct Answer

Q5. For question number 344, determine the estimate at completion assuming the future cost performance is same as the past cost performance.

  1. 110,000 USD
  2. 85,000 USD
  3. 909,09 USD
  4. 117,647 USD
Correct Answer

Q6. When should the Validate Scope process be done?

  1. At the end of the project
  2. At the beginning of the project
  3. At the end of the each phase of the project
  4. During the planning processes
Correct Answer

Q7. According to your project network diagram, the critical path for the project is six weeks. One week into the project, the manager of the project management office informs you that the executive steering committee has moved the project’s finish date to two weeks sooner than your published finish date. Assuming you are on schedule, what is the project float?

  1. Two weeks
  2. Four weeks
  3. Minus four weeks
  4. Minus two weeks 50
Correct Answer

Q8. Which of the following is neither an input nor an output of the Direct and Manage Project Work process?

  1. Approved change requests
  2. Change requests
  3. Approved deliverables
  4. Deliverables
Correct Answer

Q9. Your project has a cost overrun and a new budget has been approved. Which formula will you use to calculate the TCPI?

  1. (BAC–AC) / (BAC–EV)
  2. (BAC–AC) / (EAC–EV)
  3. (BAC–EV) / (BAC–AC)
  4. (BAC–EV) / (EAC–AC)
Correct Answer

Q10. Your project is currently scheduled to take 117 months. Based on the chart, you could crash the project by five months at a cost of US $20,000.

  1. 55 months
  2. 25 months
  3. 112 months
  4. 117 months 74
Correct Answer










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