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Project Management Question Bank

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You have floated a firm fixed price contract for some work. Since the scope of the work is not clear, the risk is higher and contractors are hesitant to bid for your contract. You are very busy and don't have time to monitor the contractor’s bill. In this case, what kind of contract will you select?
  1. CPIF
  2. CPAF
  3. T&M
  4. FPIF

Q2. Earned value measurement is an example of:

  1. Performance reporting
  2. Planning control
  3. Ishikawa diagrams
  4. Integrating the project components into a whole.
Correct Answer

Q3. Near the end of your last project, additional requirements were demanded by a group of stakeholders when they learned they would be affected by your project. This became a problem because you had not included the time or cost in the project management plan for these requirements. What is the BEST thing you can do to prevent such a problem on future projects?

  1. Review the WBS dictionary more thoroughly, looking for incomplete descriptions.
  2. Review the project charter more thoroughly, examining the business case for “holes.”
  3. Do a more thorough job of procurement planning.
  4. Pay more attention to stakeholder management.
Correct Answer

Q4. You are developing a smartphone, when suddenly your competitor has launched a smartphone which is better than yours. Therefore, you make some changes to the product which causes WBS elements to be amended heavily. What kind of changes have you made to your project?

  1. Change in scope
  2. Change in schedule
  3. Change in quality
  4. None of the above
Correct Answer

Q5. The risks identified for the project must be analyzed to be able to rely on them during the rest of the risk management process. It would be MOST important to complete which of the following?

  1. Trigger data analysis
  2. Data quality assessment
  3. A risk rating matrix
  4. Analysis of trends in qualitative risk analysis.
Correct Answer

Q6. A team member complains to the project manager that another team member has once again failed to provide necessary information. The project manager meets with both team members to uncover the reason for the problem. This is an example of:

  1. Withdrawal
  2. Confronting
  3. Compromising
  4. Smoothing.
Correct Answer

Q7. Which of the following BEST describes when a project baseline should be changed?

  1. When a major delay occurs
  2. When an official change is made
  3. When a cost increase occurs
  4. Changes should never be made to the baseline
Correct Answer

Q8. How does MOST communication occur?

  1. Nonverbally
  2. Verbally
  3. Paralingually
  4. Referentially
Correct Answer

Q9. The project budget is proving to be inaccurate. The SPI is 1.1. The team has had a negative deviation from the activity attributes, and the sponsor has inserted herself on the change control board. What is the BEST thing for the project manager to do?

  1. Try to encourage the sponsor to remove herself from the change control board
  2. Re-compute the project schedule
  3. Re-estimate the activity attributes
  4. Calculate the cost performance index
Correct Answer

Q10. You’ve been assigned to take over managing a project that should be half complete according to the schedule. After an extensive evaluation, you discover that the project is running far behind schedule, and that the project will probably take twice the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action?

  1. Try to restructure the schedule to meet the project deadline
  2. Report your assessment to the sponsor
  3. Turn the project back to the previous project manager.
  4. Move forward with the schedule as planned by the previous project manager and report at the first missed milestone.
Correct Answer

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