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Project Management Question Bank
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You have been appointed a project manager for ABC Inc. and are given a project. While in the planning stage, you find that your organization is lacking the skills and manpower to complete a part of the work and the scope is also unclear. You decide to contract this work to a third party. What kind of contract will you select in this case?
  1. Cost reimbursable
  2. Time & material
  3. Fixed fee
  4. PO

Q2. All of the following are parts of effective problem solving EXCEPT:

  1. Waiting to make decisions
  2. Reviewing the decision
  3. Confirming that the decision solved the problem
  4. Analyzing the problem.
Correct Answer

Q3. A first-time project manager was assigned to a project that had a duration of three months. In order to get a head start on the project, the manager took an older, completed the project and incorporated all the tools, techniques, and checklists in their entirety from that project into the current one. The older project was completed in 14 months’ time and was remarkably similar in nature. The most appropriate comment on this would be:

  1. This is an excellent example of re-use of artifacts from prior projects.
  2. This may be unnecessary. The project management team needs to decide what is appropriate for the project.
  3. This is not the correct procedure. The project manager should always create processes and documents afresh for new projects.
  4. This is not correct. The project manager is violating copyright and intellectual property rights of the organization's prior customers.
Correct Answer

Q4. You are assisting Benjamin, another project manager, to interview candidates for a resource position on his project. While reviewing your interview notes together, you notice that he sorts the candidate‘s resumes into two piles: One pile for further interviews, the other for candidates that did not meet the requirements for the position. You also notice that he has placed several of the highly qualified candidates in the second pile, stating that those interviewees "did not fit the corporate profile." Upon further review, you discover that all these candidates are of the same ethnic group. What do you do?

  1. Excuse yourself from the interviewing process
  2. Report this to the appropriate management
  3. File a complaint with PMI
  4. Do nothing
Correct Answer

Q5. Which of the following tools can enhance the visibility of traditional written project plans and other documents to provide a real-time overview of the project status?

  1. Visual management tools
  2. Expert judgement
  3. Product backlog
  4. Change control system
Correct Answer

Q6. How can a project manager ensure continued active support of the project supporters and at the same time minimize negative impacts from the negative stakeholders?

  1. By ensuring that stakeholders clearly understand the communication management plan
  2. By ensuring that stakeholders clearly understand the stakeholder management strategy
  3. By ensuring that stakeholders are kept disengaged throughout the project lifecycle
  4. By ensuring that stakeholders clearly understand project goals, objectives, benefits, and risks
Correct Answer

Q7. You are managing a project that has a task to translate several pages of a document into Spanish. This is similar to a project done last year when a document was translated into German. You are not sure how long it will take to translate into Spanish, so you look at the project plan from the German translation and use that activity duration for your current project. What type of estimating is this an example of?

  1. Hypothesis
  2. Parametric Estimating
  3. Analogous Estimating
  4. What-if Scenario Analysis
Correct Answer

Q8. Which of the following defines the total scope of the project and represents the work specified in the current approved project scope statement?

  1. Work Breakdown Structure (WBS)
  2. Bill of Material (BOM)
  3. Project Charter
  4. Requirements Breakdown Structure (RBS)
Correct Answer

Q9. A project manager has just completed subjectively evaluating risks on the project. Which of the following is the MOST important output of this process?

  1. Decrease in the risk ranking for the project
  2. A determination of which risks to process further and which to simply document
  3. Probabilistic analysis of the project and identification of risk triggers
  4. Probability of achieving cost objectives.
Correct Answer

Q10. Projects operating in agile environments where a high degree of uncertainty exists and where the scope is not yet fully defined, may not benefit from detailed cost calculations due to frequent changes. Instead, lightweight estimation methods can be used to generate a fast, high-level forecast of project labor costs, which can then be easily adjusted as changes arise. Detailed estimates are:

  1. Reserved for short-term planning horizons in a just-in-time fashion.
  2. Never developed in an agile project.
  3. Only developed if the project stakeholders allow the project manager to do so.
  4. Developed early during the project but are never updated due to frequent changes.
Correct Answer

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