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Project Management Question Bank

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Question:

You have a project with a budget of 100,000 USD. The duration of the project is 20 months, and the work is evenly distributed throughout the duration. After 10 months, you review the project’s progress and you find that 55% of the work is completed and 65,000 USD has been spent. Based on the above information, you come to the conclusion that:
  1. The project is behind schedule
  2. The project is ahead of schedule
  3. The project is under budget
  4. Not enough information






2. 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


3. What does “resource leveling” mean in project management?

  1. Shortening the time it takes to complete the project
  2. Making the most efficient use of the available resources
  3. Hiring contractors to fill in during “peak” times on the project schedule
  4. Reducing the project costs
Correct Answer


4. You are over budget and it is impossible to complete the project with the given budget. Therefore, you raise the change request which management approves. After the change request is approved, you update the cost baseline and update other project documents. The document used to register any changes which occur during the project execution is known as:

  1. Risk register
  2. Issue log
  3. Change log
  4. RACI matrix
Correct Answer


5. Jack is the project manager of a project that is halfway through its execution. He is currently looking at the work schedule. He adjusts a few of the schedule milestones and imposes date constraints for some of the work packages. This relates to which of the following processes?

  1. Control Quality
  2. Develop Schedule
  3. Control Scope
  4. Control Schedule
Correct Answer


6. During the course of your project, you notice that most of the changes occurring on the project come from the research department. What should you do?

  1. Assign a team member to work solely with the research department
  2. Change your communications management plan, so only you are assigned to interact with the research department
  3. Ask the research department to assign one person to be your liaison
  4. Talk to the research department to understand the reasons for the changes
Correct Answer


7. A project team is meeting to determine what the selection criteria will be for the project procurement. What procurement process are they in?

  1. Plan Procurement Management
  2. Conduct Procurements
  3. Control Procurements
  4. Close Procurements
Correct Answer


8. While holding a risk reassessment meeting, the sponsor is looking at the latest list of top risks in the project report. A newly identified risk has undergone qualitative risk analysis and it was determined that it did not rank higher than already identified risks to continue through the risk process. Two fallback plans have been adjusted based on the severity of previous risk impacts. What has the project manager NOT done?

  1. Provide the sponsor with the full list of noncritical risks
  2. Perform quantitative risk analysis for the new risk
  3. Look at the impact of the new risk to the project as a whole
  4. Look for contingency risks from the fallback plan.
Correct Answer


9. You are having difficulty estimating the cost of a project. Which of the following BEST describes the most probable cause of your difficulty?

  1. Inadequate scope definition
  2. Unavailability of desired resources
  3. Lack of historical records from previous projects.
  4. Lack of company processes.
Correct Answer


10. Given multiple alternatives, the group decision method that allows the largest block in a group to decide (even if more than 50 percent of the members of the group do not support the decision) is:

  1. Dictatorship
  2. Plurality
  3. Unanimity
  4. Majority
Correct Answer









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