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Project Management Question Bank
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Question:

Which of the following BEST describes what co-location does for the project?
  1. Saves cost
  2. Reduces communication problems
  3. Accelerates schedule
  4. Improves opportunities






Q2. The project has been going well, except for the number of changes being made. The product of the project is being installed into seven different departments within the company and will greatly improve departmental performance when operational. The team has selected the appropriate processes for use on the project. The project manager is a technical expert as well as having been trained in communications and managing people. Which of the following is the MOST likely cause of the project problems?

  1. The project manager was not trained in understanding the company environment.
  2. The project should have more management oversight since it will result in such great benefits to the company.
  3. The project should have used more of the project management processes.
  4. Some stakeholders were not identified.
Correct Answer

Q3. A project manager has decided to use a decision tree to do a build or upgrade analysis. The build requires an investment of $200M. On the build decision branch, there is a 60 percent probability of strong demand (yielding a revenue of $400M) and a 40 percent probability of weak demand (yielding a revenue of $150M). What is the expected monetary value (EMV) of the build?

  1. $100M
  2. $300M
  3. $140M
  4. $200M
Correct Answer

Q4. The probabilistic analysis of the project is an input to which part of the risk management plan?

  1. Identify Risks
  2. Perform Qualitative Risk Analysis
  3. Perform Quantitative Risk Analysis
  4. Plan Risk Responses.
Correct Answer

Q5. A control chart helps the project manager:

  1. Focus on the most critical issues to improve quality
  2. Focus on stimulating thinking
  3. Explore a desired future outcome
  4. Determine if a process is functioning within set limits.
Correct Answer

Q6. You are planning a storage device migration in a data center. During this phase of the project, who should control the project?

  1. Project Manager
  2. SMEs
  3. Sponsor
  4. Management
Correct Answer

Q7. A project manager is estimating project costs and needs to decide whether the estimates will include direct costs only or include indirect costs, as well. In which of the following phases does this decision need to take place?

  1. Define Scope
  2. Estimate Costs
  3. Plan Expenses
  4. Determine Budget
Correct Answer

Q8. The project has been going relatively well, although there have been some problems with resource availability and the project scope has changed more than was expected. The project is now completing one of its phases. Of all decisions the sponsor must consider during and end-of-phase review meeting, the MOST difficult is:

  1. Authorizing scope change for the next phase
  2. Authorizing budget increases for the next phase based on scope changes
  3. Cancelling the project
  4. Decreasing scope to maintain budget
Correct Answer

Q9. A project manager meets with a resource manager and asks to move resources from project A to project B. What is the MOST likely reason for this request?

  1. A problem has caused delay beyond the project manager’s ability to control
  2. Project A has become higher priority within the organization
  3. An activity has taken longer than planned
  4. An activity was missed because a work breakdown structure was not created.
Correct Answer

Q10. Approved corrective action is an input to which of the following processes?

  1. Validate Scope
  2. Direct and Manage Project Work
  3. Develop Project Charter
  4. Develop Schedule
Correct Answer










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