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Project Management Question Bank
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If you finish your project early, there is a chance that you may get another project, so you are trying very hard to get your project finished. You use fast tracking, crashing, overtime, etc. Which strategy is this?
  1. Exploit
  2. Enhance
  3. Accept
  4. Mitigate

Q2. Developing alternative activity sequence is an example of:

  1. Risk transfer
  2. Risk aversion
  3. Risk identification
  4. Contingency planning
Correct Answer

Q3. You are managing a multi-million dollar project that is a joint venture between your company and another organization. You have repeatedly tried to get the contact and the project charter finalized between the two organizations, but there has been a great deal of arguing over language and details. The project’s scope has been expanding, cost has been increasing, and the schedule has regularly been lengthening. You learn very suddenly that the project has been cancelled because the other organization withdrew its share of the funding for the project. What is the MOST likely reason that this occurred?

  1. Failure to understand the budgetary process
  2. Inadequate scope management
  3. Lack of sponsor commitment
  4. Poorly done initial cost-benefit analysis
Correct Answer

Q4. You are in the middle of a complex negotiation when the other party says, “We need to finish in one hour because I have to catch my plane.” That person is using which of the following negotiation strategies?

  1. Good guy, bad guy
  2. Delay
  3. Deadline
  4. Extreme demands.
Correct Answer

Q5. Which of the following is not a Risk Diagramming technique?

  1. Influence diagrams
  2. Control charts
  3. Decision trees
  4. Tornado diagram
Correct Answer

Q6. At a critical milestone in development project, it is determined that implementation is two months behind schedule. The project manager is concerned that the root cause is lack of conformance to requirements in the design of the new billing system. More extensive measurements are taken to see if this is, in fact, the problem. Such measurements are:

  1. Not needed. The schedule should be compressed
  2. An example of Control Quality
  3. Not going to show why the schedule is delayed
  4. Part of integrated change control.
Correct Answer

Q7. During the execution of a project, a large number of defects were discovered. The project manager ensured that the issues, defect resolution, and action item results were logged into a defects database. What would the defect database be considered a part of?

  1. Expert Judgment
  2. Deliverables
  3. Change Requests
  4. Organizational Process Assets
Correct Answer

Q8. You are project manager on an information technology project on which you and the sponsor have already approved the scope. An information specialist on your team, after having lunch with a low ranking customer representative working with him on a software project, learns that a simple alteration in the display would be a great addition to the project. The information specialist installs the change with no negative effect on the project schedule and at no additional cost. What action should be taken?

  1. The information specialist should be recognized for exceeding customer expectations without affecting project cost or schedule.
  2. The project manager should add an activity to he project management plan with no associated time.
  3. The information specialist should be told that his behavior was unacceptable, as it may have negatively affected the overall project.
  4. The project manager should create a change control form, and have the customer approve the change since the change has already been made.
Correct Answer

Q9. A floor is one of the office buildings a company owns is now available for rent. It is imperative that the space be rented within one month. The only offer that has been received is from a company that is a competitor. What is the BEST thing to do in this situation?

  1. Offer the space to the customer under a short-term lease agreement
  2. Report the issue to management and inform the customer of their decision
  3. As part of the lease agreement, include a non-competitive agreement
  4. Tell the customer that your company has decided to use the space.
Correct Answer

Q10. You are reviewing a plan which explains how changes to the product will be initiated, how impacts will be analyzed, and how they will be traced, tracked, and reported, as well as the authorization levels required to approve these changes. What document is this?

  1. Monitor and control project work
  2. Requirements management plan
  3. Control configuration
  4. Control change management
Correct Answer

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