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Project Management Question Bank
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Question:

Which estimating method tends to be MOST costly for creating a project cost estimate?
  1. Bottom-up
  2. Analogous
  3. Parametric
  4. 50/50 rule






Q2. The Earned Value Management methodology can be used to:

  1. Forecast future performance based on current performance
  2. Calculate the number of days left in the project
  3. Calculate the value provided to the customer
  4. Calculate the profitability of the project
Correct Answer

Q3. You have floated a tender for your project, and to clarify some issues raised by bidders you are conducting a bidder conference. What will not be done in a bidder conference?

  1. Award the contract
  2. Clarify the doubt
  3. Explain the bid terms and conditions
  4. None of the above
Correct Answer

Q4. In projects with adaptive life cycles, many of the project management processes are repeated in each iteration of the project except:

  1. Develop Project Charter
  2. Collect Requirements
  3. Define Scope
  4. Create WBS
Correct Answer

Q5. How does MOST communication occur?

  1. Nonverbally
  2. Verbally
  3. Paralingually
  4. Referentially
Correct Answer

Q6. There have been numerous changes on your project. All approved changes are BEST reflected in the:

  1. Performance measurement variance
  2. Validate Scope process
  3. Change control procedures
  4. Project management plan
Correct Answer

Q7. During project executing, a large number of changes are made to the project. The project manager should:

  1. Wait until all changes are known and print out a new schedule
  2. Make sure the project charter is still valid
  3. Change the schedule baseline
  4. Talk to management before any changes are made
Correct Answer

Q8. Which of the following is the BEST method to make reward systems MOST effective?

  1. Pay a large salary increase to the best workers
  2. Give the team a choice of rewards
  3. Make the link between performance and reward clear
  4. Present notification of rewards within the company.
Correct Answer

Q9. Which of the following is the BEST thing to do when asked to complete a project two days earlier than planned?

  1. Tell senior management that the project’s critical path does not allow the project to be finished earlier.
  2. Tell your boss.
  3. Meet with the team to look at options for crashing or fast tracking the critical path.
  4. Work hard and see what the project status is next month.
Correct Answer

Q10. There are numerous ways to share information among project stakeholders. Which of the following is the most efficient communication method?

  1. Push communication
  2. Interactive communication
  3. Pull communication
  4. Manual communication
Correct Answer










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