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Project Management Question Bank
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Question:

You are constructing an office building. Work has started and you are in the middle of your project. You feel that if you add one more floor to the building it will cost much less than if the client decides to add it in the future. This change, however, will lead to a change in various baselines and the project charter as well. Therefore, you discuss the issue with all relevant stakeholders, and after their agreement, you process these change requests. In all of these changes, who is responsible for making this change in the project charter?
  1. The project manager
  2. The client
  3. Management
  4. The project management team






Q2. You are using a technique involving the project’s risk and uncertainty to find the probability of completing the project under different situations. What process is this?

  1. Estimate activity duration
  2. Perform qualitative risk analysis
  3. Develop schedule
  4. Perform quantitative risk analysis
Correct Answer

Q3. Identifying ways to eliminate the causes of unsatisfactory performance would MOST likely lead to:

  1. Quality audits
  2. Work performance information
  3. Recommend corrective actions
  4. Updates to the performance measurement baseline.
Correct Answer

Q4. Based on the chart, how many weeks will this project take?

  1. 16
  2. 31
  3. 18
  4. 13
Correct Answer

Q5. Warranty and inventory costs are going up, causing the project manager to worry about the costs of non-conformance. What is the BEST advice you can give the project manager?

  1. Increase scrap.
  2. Increase rework
  3. Perform a quality audit.
  4. Look for benchmarks.
Correct Answer

Q6. A cost performance index of 0.89 means:

  1. At this time, we expect the total project to cost 89 percent more than planned
  2. When the project is completed, we will have spent 89 percent more than planned
  3. The project is only progressing at 89 percent of that planned.
  4. The project is only getting 89 cents out of every dollar invested.
Correct Answer

Q7. You are in the process of defining policies, procedures, and guidance to help you manage the project costs. In which process you are working?

  1. Determine budget
  2. Develop schedule
  3. Control costs
  4. Plan cost management
Correct Answer

Q8. During a project management process, you are reviewing proposals from many bidders using some predetermined criteria. Based on this review, you prepare a final list of bidders and then select a bidder from this list. What project management process is this?

  1. Plan procurement
  2. Conduct procurement
  3. Control procurement
  4. Define scope
Correct Answer

Q9. You are the project manager of a project executing work under a contract signed with a buyer organization. Just after the project has started, you notice that the buyer organization had made a mistake in the financial terms, and your organization stands to benefit considerably from this oversight. What should your stance be?

  1. Do not take any action since a contract is a binding and legal document.
  2. Discuss with your management how you could gain a bonus due to the increased revenue your company stands to gain.
  3. Informally check with your counterpart in the buyer organization to see whether he or she noticed this error.
  4. Bring the error to the notice of the buyer organization and have an amendment made to the contract since this was in good faith.
Correct Answer

Q10. A good project manager knows the value of effective stakeholder management. What is the ultimate goal of effective stakeholder management?

  1. Stakeholder engagement
  2. Project success
  3. Stakeholder satisfaction
  4. Meeting project objectives
Correct Answer








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