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Project Management Question Bank

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Question:

You have identified risks and now have asked your team members to analyze which risks have the largest potential impact on the project. Which of the following tools will help you find this impact?
  1. Sensitivity analysis
  2. Pareto analysis
  3. Probability and impact analysis
  4. Decision tree method






2. A number of identified risks occurred early in a project. As a result, most of the project objectives ended up in jeopardy. The project manager decided to present a case to management that the project be closed down. This is an example of:

  1. Risk Acceptance
  2. Risk Mitigation
  3. Risk Avoidance
  4. Risk Transfer
Correct Answer


3. At a critical design review meeting for a large project, several important issues surfaced. After hearing about a major technical problem, one of the subcontractor’s engineers mentions that he experienced a similar situation on another project, he has some ideas on how to solve the current problem. What type of power is the engineer using?

  1. Manipulative
  2. Formal
  3. Expert
  4. Referent.
Correct Answer


4. Total float is the amount of time an activity can be delayed without delaying the:

  1. Project
  2. Completion date required by the customer
  3. Early start of its successor
  4. Project completion date 34
Correct Answer


5. Different stakeholders might require dissimilar outcomes from a project. An integral component of stakeholder management is managing these competing expectations throughout the project from initiation to closure. Which of the following management techniques can help in this situation?

  1. Stakeholder engagement analysis
  2. Facilitation
  3. Questionnaires
  4. Expert judgment
Correct Answer


6. A project manager is managing a project in which there are teams located in remote locations in order to obtain cost savings. This is in accordance with organizational guidelines that require that at least 25 percent of the work should be done from a remote location. This is an example of:

  1. A constraint
  2. A necessity
  3. A choice
  4. An assumption
Correct Answer


7. What is the difference between the Monitor and Control Project Work process and the Direct and Manage Project Work process?

  1. The Monitor and Control Project Work and the Direct and Manage Project Work processes are the same.
  2. The Monitor and Control Project Work process monitors the project performance while the Direct and Manage Project Work process is concerned with performing the activities to accomplish project requirements.
  3. The Monitor and Control Project Work process is a sub-process of the Direct and Manage Project Work process.
  4. There is no such thing as the Monitor and Control Project Work process.
Correct Answer


8. All of the following are forms of power derived from the project manager's position EXCEPT:

  1. Formal.
  2. Reward.
  3. Penalty.
  4. Expert.
Correct Answer


9. You took over a project from an individual who was fired. You are reading the project documentation and find that five managers signed the project charter. What should be your primary concern at this time?

  1. Determining reporting structure
  2. Communicating in a matrix organization
  3. Getting a single sponsor
  4. Identifying who can represent the project for change control
Correct Answer


10. Who is ultimately responsible for quality management on the project?

  1. The project engineer
  2. The project manager
  3. The quality manager
  4. Team member
Correct Answer









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