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Project Management Question Bank
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Question:

A technique that iterates the project schedule many times to calculate a distribution of possible project completion dates is:
  1. Monte Carlo Analysis
  2. Montford analysis
  3. Pareto Cost chart
  4. Deming Analysis






Q2. James is managing a shopping mall construction project. During the project execution, he learns the project communications management plan is not effective and requires a major update. Which of the following processes will issue a change request for the required update?

  1. Plan Communications Management
  2. Manage Communications
  3. Perform Integrated Change Control
  4. Monitor Communications
Correct Answer

Q3. You are in the planning phase of a project and you find that, due to a miscommunication, some additional features were added to the product which were not requested by any of your stakeholders. Which of the following could help you avoid such a situation?

  1. Requirements traceability matrix
  2. WBS
  3. RACI chart
  4. Checklist analysis
Correct Answer

Q4. Which of the following sequences represents straight line depreciation?

  1. $100, $100, $100
  2. $100, $120, $40
  3. $100, $120, $160
  4. $160, $140, $120
Correct Answer

Q5. The Budget at Completion (BAC) for a project is $50,000. The Actual Costs (AC) to date are $10,000. The Earned Value (EV) is $7,000. At this stage, the project management team did a manual bottom-up summation of costs and forecast an Estimate to Complete (ETC) of $50,000. What is the Estimate at Completion (EAC) for the project?

  1. $57,000
  2. $40,000
  3. $60,000
  4. $53,000
Correct Answer

Q6. A seller has withdrawn from a project midway through the project executing processes, and another seller is taking over. The project manager meets with the replacement seller and his crew. In this meeting, what should the project manager do FIRST?

  1. Introduce the team members, and identify the roles and responsibilities.
  2. Communicate the objectives of the project.
  3. Review the schedule.
  4. Create a communications management plan.
Correct Answer

Q7. As part of a new project you just started on as project manager, you are assembling your team and discovering that one of the critical pieces of work requires a specialist from one of the functional departments. However, you are aware the functional manager may be reluctant to assign that resource to your project since your project is not a high-profile one. Which of the following techniques will you need to apply?

  1. Acquisition
  2. Coercion
  3. Politics
  4. Negotiation
Correct Answer

Q8. Mark is managing a telecom network deployment project. The buyer of the telecom network is an external entity. Recently, the customer requested that all future project updates be posted to their information system automatically. In order to implement this, the project team needs to customize their project management information system so it can be integrated with the customer’s information system. This is a new customer requirement that was not a part of the original project’s scope. What should the project manager do?

  1. Request that the customer terminate the current contract and award a new contract.
  2. Ask the project team to customize the project management information system.
  3. Ignore the request; this is outside the project’s scope.
  4. Initiate the formal change control process.
Correct Answer

Q9. When entering into procurement, it is BEST to assume there will be disputes about the performance of the work as specified, and to:

  1. Include a procedure in the contract describing the means for dispute resolution
  2. Track claims to ensure the best position during litigation
  3. Make sure disputes are never brought to public knowledge
  4. Include a change order provision in the contract.
Correct Answer

Q10. You are in the initiation phase of your project, and you believe the project can be completed for $100,000. However, you are an experienced project manager and know that many things can happen between the initiation phase and the closure of the project. In the project charter, you have provided an estimate of $75,000 to $175,000. This is an example of:

  1. Narrow Estimate
  2. Absolute Estimate
  3. Rough Order of Magnitude Estimate
  4. True Estimate
Correct Answer










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