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Project Management Question Bank
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Question:

If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do?
  1. Perform a Monte Carlo analysis
  2. Fast track the project
  3. Perform resource leveling
  4. Analyze the life cycle costs






Q2. You have a project in which you are responsible for building a condo complex in a resort town. The project is expected to take two years to complete. During your work breakdown structure meeting, you have decomposed many deliverables into work packages and schedule activities. However, there are some work packages that will occur a year from now, so you have elected not to decompose those deliverables and work packages at this time. This is an example of what tool or technique?

  1. Scope Creep
  2. Poor Planning
  3. Rolling Wave Planning
  4. Time-delayed Decomposition
Correct Answer

Q3. The project you are working on has received an invoice from a vendor for US$17,500. However, your team believes the correct total due is US$15,300. When you notify the vendor, the vendor still insists on US$17,500. What is the best course of action now?

  1. Pay $15,300
  2. Negotiate with the vendor
  3. File a lawsuit
  4. Pay $17,500
Correct Answer

Q4. A project manager has just started planning his project. If he has only limited information about the project, he should use the following technique to estimate the duration for each activity using historical data from a similar project:

  1. Four-point estimating
  2. Three-point estimating
  3. Analogous estimating
  4. Parametric estimating
Correct Answer

Q5. The WBS is a deliverable-oriented hierarchical decomposition of the work the project team must execute to accomplish the project objectives. This is created as part of:

  1. Project Integration Management
  2. Project Scope Management
  3. Project Procurement Management
  4. Project Schedule Management
Correct Answer

Q6. What is the logical sequence of the Project Scope Management processes?

  1. Create WBS, Collect Requirements, Define Scope, Validate Scope, and Control Scope
  2. Define Scope, Collect Requirements, Create WBS, Validate Scope, and Control Scope
  3. Plan Scope Management, Collect Requirements, Define Scope, Create WBS, Validate Scope, and Control Scope
  4. Plan Scope Management, Collect Requirements, Define Scope, Validate Scope, Create WBS, and Control Scope
Correct Answer

Q7. The project management processes communicate with each other through their inputs and outputs. Which of the following outputs of the Direct and Manage Project Work process is a prime input of the Monitor Stakeholder Engagement process?

  1. Change requests
  2. Work performance information
  3. Work performance data
  4. Expert judgment
Correct Answer

Q8. You are working on an 18-month project with a small, co-located team. The project sponsor and senior management are in another city and have requested weekly updates. The customer requires monthly meetings. Because the team members are busy with the project executing processes, they would like to reduce the frequency of meetings. Which of the following BEST describes how status meetings should be managed on this project?

  1. During project executing, you do not need to hold status meetings as long as you send the key stakeholders a status report every week.
  2. Once a month the entire team, including senior management, should meet with the customer. You should discuss the details of the previous month’s issues with the customer. You should discuss the details of the previous months’ issues and the current status.
  3. During project executing, it is only necessary for the project manager to meet with the customer once a month to fulfil your contractual obligation. Provide the customer once a month to fulfil your contractual obligation. Provide the customer with the status report and copy this report to key stakeholders.
  4. The frequency and level of the meetings as well as the format and type of information to be exchanged should be defined in the project’s communications management plan during project planning.
Correct Answer

Q9. You are discussing strategies to be used to manage and engage stakeholders in your project. Which process are you in?

  1. Plan stakeholder engagement
  2. Develop stakeholder management strategy
  3. Manage stakeholders engagement
  4. Plan communication management
Correct Answer

Q10. Which motivational theory uses the concepts of esteem and selfactualization?

  1. Maslow
  2. Deming
  3. McGregor
  4. Herzberg
Correct Answer










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