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Project Management Question Bank
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Question:

You have signed a multi-year contract with a customer to complete a project for a fixed price. Since the duration of the contract is long, you have added a provision to adjust the price of the contract according to the market inflation. What kind of contract is this?
  1. FPIF
  2. FP-EPA
  3. Time and material
  4. CPIF






Q2. During a walk-through of a work package, you discover that a team member is completing the work differently than stated in the WBS dictionary. How should you deal with this?

  1. Replace the team member
  2. Determine if the alternative way is acceptable to the functional manager
  3. Ask the team member if the changes are necessary
  4. Determine if the changes also change the scope of the work package.
Correct Answer

Q3. You have been assigned as project manager to conduct a study to find the impact of pollution on the environment. After the project charter is signed, you have completed the identify project stakeholders process and are now about to classify them. Which of the following models of classifying the project stakeholders is not mentioned in the PMBOK Guide 6th Edition?

  1. Power / Interest grid
  2. Power / Influence grid
  3. Impact / Influence grid
  4. Impact / Power grid
Correct Answer

Q4. The WBS, estimates for each work packages, and the network diagram are completed. Which of the following would be the NEXT thing for the project manager to do?

  1. Sequence the activities
  2. Verify that they have the correct scope
  3. Create a preliminary schedule and get the team’s approval
  4. Complete risk management
Correct Answer

Q5. Your boss is worried about the project schedule. There is a critical deliverable due to the federal government in two weeks. If you miss the deliverable, you could lose the entire contract. To help reduce the boss’s stress you show him the earned value calculations you just completed. They show your cost performance index (CPI) is 1) is US $490 million. Should your boss be comfortable?

  1. Yes, your SV is $10 million.
  2. No, your CPI is too high
  3. He needs more data
  4. Yes, your SPI is 1.05.
Correct Answer

Q6. A project manager has just been assigned a team that comes from many countries, including Brazil, Japan, the US, and Britain. What is her BEST tool for success?

  1. The responsibility assignment matrix (RAM)
  2. The teleconference
  3. Team communication with the WBS
  4. Communication and well-developed people skills
Correct Answer

Q7. The critical path method (CPM) calculates the theoretical early start and finish dates and late start and finish dates. The difference between the late and early start of a task is a:

  1. Free float
  2. Feeding buffer
  3. Danger zone
  4. Total float
Correct Answer

Q8. There are a number of risks that have been identified in your project. The team has decided not to change the project plan to deal with the risks, but they have established a contingency reserve of money in the event something triggers these risks. This is an example of what type of risk mitigation technique?

  1. Contingent Response Strategy
  2. Active acceptance
  3. Passive acceptance
  4. Avoidance
Correct Answer

Q9. Checklists, fishbone diagrams, and Pareto charts are ALL examples of:

  1. Tools used to define scope
  2. Tools used in quality management
  3. Tools used in team performance assessments
  4. Parts of a project management plan.
Correct Answer

Q10. The scope baseline provides a detailed description of project deliverables and their components that provide a basis for the measurement of changes from that baseline. In which process is the scope baseline developed?

  1. Plan scope management
  2. Create WBS
  3. Collect requirement
  4. Define scope
Correct Answer










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