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Project Management Question Bank

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Question:

You have advertised in several newspapers to inform interested contractors to apply for a bid for some of your procurement needs. Which process are you currently in?
  1. Plan procurement management
  2. Conduct procurement
  3. Control procurement
  4. None of the above






2. 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


3. A project manager has to resolve two problems. Both problems can occur in a single trial. In this situation, what is the BEST action the project manager can take?

  1. Develop a solution for each problem.
  2. Develop a solution that solves both problems.
  3. Use a statistically independent trial
  4. No solution is needed; the two problems cancel each other out.
Correct Answer


4. Many project managers have seen a graph that shows “Influence of Stakeholders” starting out high and declining as the project progresses. In contrast, it also shows the “Cost of Changes” starting out low and increasing as the project progresses. What is the key insight a project manager should gain from this graph?

  1. Stakeholder influence is not important at the end of the project.
  2. Make changes as early in the project as possible.
  3. Set aside money for expected changes at the end of the project.
  4. Place the project on hold until all changes are made.
Correct Answer


5. Risks may be identified during the entire lifecycle of a project. Identify Risks is what type of process?

  1. Qualitative
  2. Effort-driven
  3. Discrete
  4. Iterative
Correct Answer


6. Which of the following is NOT an output of the Manage Stakeholders process?

  1. Approved corrective actions
  2. Deliverables
  3. Updates to the project management plan
  4. Organizational process asset updates 46
Correct Answer


7. A risk with a positive outcome is an ___________.

  1. Unlikely risk
  2. Objective risk
  3. Opportunity
  4. Obsolete risk
Correct Answer


8. You have identified a risk that your work might be affected due to an equipment malfunction. Which of the following risk response strategies will you use to contain this risk?

  1. Exploit
  2. Enhance
  3. Mitigate
  4. None of the above
Correct Answer


9. As per the PMBOK Guide, which of the following is not a communication method that you use to share information among project stakeholders?

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


10. What is a common result of poor project planning?

  1. Wasted effort
  2. Lost time
  3. Increased cost
  4. All of the above
Correct Answer









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