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Project Management Question Bank

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You are in the process of defining policies, procedures, and guidance to help you manage the project costs. In which process you are working?
  1. Determine budget
  2. Develop schedule
  3. Control costs
  4. Plan cost management

Q2. During the status review with your stakeholders, one of the stakeholders told you that they were not asked for their opinion, and now they need a change in the product characteristics. This change may lead to a change in your cost and schedule baseline. Which of the following processes could have helped you prevent this issue?

  1. Collect requirements
  2. Control scope
  3. Identify risks
  4. Scope creep
Correct Answer

Q3. When a product or service completely meets a customer’s requirements:

  1. Quality is achieved.
  2. The cost of quality is high
  3. The cost of quality is low
  4. The customer pays the minimum price.
Correct Answer

Q4. When the project manager completes the detailed project schedule, it would be MOST important to get it approved by the:

  1. Project sponsor
  2. Team
  3. Functional managers
  4. Customer 42
Correct Answer

Q5. Originally, your project had give team members. Now the scope has expanded, and there are total of eight people on the project team. How many communication channels have been added?

  1. 9
  2. 10
  3. 18
  4. 28
Correct Answer

Q6. You are working on a project with all the team members located in geographically different areas, and all communication is by email and chat. It is sometimes hard to infer the true meaning of these messages because you cannot see facial expressions or hear tones of voice. This is an example of:

  1. Encoding
  2. Medium
  3. Decoding
  4. Noise
Correct Answer

Q7. A project team member has just completed work on the microprocessor for the new human system performance monitor and is now finished with the project. The project manager should:

  1. Evaluate the project’s resource requirements
  2. Provide input to the team member’s performance appraisal
  3. Re-evaluate the activity duration estimates.
  4. Change the staffing management plan
Correct Answer

Q8. The cost performance index (CPI) of a project is 0.6 and the schedule performance index (SPI is 0.71. The project has 625 work packages and is being completed over a four-year period. The team members are very inexperienced and the project received little support for project planning. Which of the following would be the BEST thing to do?

  1. Update risk identification and analysis.
  2. Spend more time improving the cost estimates.
  3. Remove as many work packages as possible.
  4. Reorganize the responsibility assignment matrix.
Correct Answer

Q9. After analyzing the status of your project, you determine that the project is two weeks behind schedule. You want to recover the original schedule if possible, and there is plenty of remaining in the budget for the current plan. What is the BEST option?

  1. Crash the schedule
  2. Inform the team that overtime will be required for a short time to recover the schedule
  3. Reduce the project scope with a change request
  4. Compress the testing and quality management portion of the project 54
Correct Answer

Q10. Your project has a medium amount of risk and is not very well defined. The sponsor hands you a project charter and asks you to confirm that the project can be completed within the project cost budget. What is the BEST method to handle this?

  1. Build an estimate in the form of a range of possible results.
  2. Ask the team members to help estimate the cost based on the project charter.
  3. Based on the information you have, calculate a parametric estimate.
  4. Provide an analogous estimate based on past history.
Correct Answer

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