Project Management Professional Test! Quiz

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  • 1/154 Questions

    After reviewing the performance report, you identified that one of your resources is not performing as expected. You already had a face-to-face  communication with the team member  in this regard, and now you want to convey the information to upper management. In this scenario  which  form of communication  you will use

    • Formal Written
    • Formal Oral
    • Informal Written
    • Informal Oral
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About This Quiz

Below is a project management professional test. It is expected that every manager in an organization has some information on project management and just to ensure that they can complete tasks using available resources and deliver as planned. How about you go through each question and get to see how knowledgeable you are on project management as a whole.

Project Management Professional Test! Quiz - Quiz

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  • 2. 

    You are managing a Core Banking Implementation project, and you want to gather the requirements about deposit processes of  the bank, as a project manager, which tool will you use to bring together prequalified stakeholders and deposit specialists in order to know about their expectations and attitudes about a proposed product?

    • Facilitated workshops

    • Focus Groups

    • Meetings

    • Group decision making techniques

    Correct Answer
    A. Focus Groups
    Explanation
    Focus groups bring together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product, service, or result. Reference PMBOK(R) 5th Edition Page 114

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  • 3. 

    You are in critical stage of your project, and some of your key resource have left the project due to security concerns ,  you have hired some local  resources in replacement, and you call a meeting for all team members. What is the most important agenda item for this meeting?

    • Reviewing the risk Register

    • Clarifying the role and responsibilities of all team members

    • Reviewing the project status

    • Identifying the remaining resource requirements

    Correct Answer
    A. Clarifying the role and responsibilities of all team members
    Explanation
    The most important agenda item for the meeting should be reviewing of organization structure and to clarify the roles and responsibilities of team members. It will help the team members in establishing clear expectations on acceptable behavior and roles of all team members.

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  • 4. 

    All of the following would occur during the Close Project or Phase Process EXCEPT:

    • Formal Acceptance

    • Archiving Project Records

    • Analysis of Project Success

    • Performing Cost Benefit Analysis

    Correct Answer
    A. Performing Cost Benefit Analysis
    Explanation
    Performing Cost benefit analysis is done in initiation and planning not in closing.

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  • 5. 

    The Uncontrolled expansion to product or project scope without adjustments to time, cost, and resources is referred as: 

    • Risk

    • Change Request

    • Scope Creep

    • Work Performance data

    Correct Answer
    A. Scope Creep
    Explanation
    Scope creep refers to the uncontrolled expansion of a project's scope without corresponding adjustments to time, cost, and resources. It occurs when additional features, requirements, or deliverables are added to a project without proper evaluation of the impact on the project's constraints. This can lead to delays, budget overruns, and resource constraints, ultimately affecting the project's success. Scope creep should be managed and controlled to ensure that project objectives are met within the defined constraints.

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  • 6. 

    A project manager assigns an audit team to study the work processes on a project. The audit team reports that the quality standards being used for the project are not relevant. Some of the project will have to be reworked.  Why did the project manager initiate this study?

    • To provide quality control

    • To ensure quality planning

    • To create a benchmark

    • To perform quality assurance

    Correct Answer
    A. To perform quality assurance
    Explanation
    When the project manager assigned an audit team to study the work processes, the objective was to perform quality assurance on the project. Quality audits are one of the tools associated with a Project Quality Management process called Perform Quality Assurance. A quality audit is designed to identify the project policies, processes, and procedures that are inefficient and/or ineffective.

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  • 7. 

    You are a project manager for a company that is taking bids from marketing agencies for work to be completed on a project you are currently managing. You learn that a marketing agency owned by a friend is making a bid for the contract to handle the project's advertising. What is the FIRST action you should take upon learning of this bid?

    • Keep quiet about the situation since you know you can make objective decisions.

    • Do not participate in the decision of awarding the contract.

    • Notify the group awarding the contract of a possible conflict.

    • Document all decisions you make in relation to this agency's part of the project.

    Correct Answer
    A. Notify the group awarding the contract of a possible conflict.
    Explanation
    The project manager is responsible to manage stakeholder expectations. Reference: PMBOK® Guide Fifth Edition, Page Number:266

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  • 8. 

    Inspection includes activities such as measuring, examining, and testing undertaken to determine whether results conform to requirements. Which of the following terms does not refer to Inspection? 

    • Product review

    • Audit

    • Walkthrough

    • Stage-gate

    Correct Answer
    A. Stage-gate
    Explanation
    Stage-gate does not refer to inspection. Stage-gate is a project management methodology that involves dividing a project into stages or phases, with a gate review at the end of each stage to evaluate progress and make decisions on whether to proceed to the next stage. It focuses on decision-making and project governance, rather than measuring, examining, and testing for conformity to requirements like inspection does.

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  • 9. 

    You are managing an IT Infrastructure Project  and developed a Project life Cycle with its phases to execute the project accordingly. In this context Which of the following statement about Project Life Cycle INCORRECT?

    • Stakeholder influence, risk, and uncertainty are highest at the start of IT Infrastructure Project

    • Ability of the stakeholders to influence final characteristics of IT Infrastructure Project increases as the project progresses.

    • The project life cycle determines which transitional actions at the beginning and end of the project are included, so that the project can be linked to the ongoing operations of the performing organization.

    • Stakeholder influence, risk, and uncertainty decrease as the IT Infrastructure Project progresses.

    Correct Answer
    A. Ability of the stakeholders to influence final characteristics of IT Infrastructure Project increases as the project progresses.
    Explanation
    The ability to influence the final characteristics of the project's product, without significally impacting cost, is highest at the start of the project and decreases as the the project progresses towards completion. Reference PMBOk(R) Guide Fifth Edition, Page 40

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  • 10. 

    Which of the following is a NOT a tool & technique of Estimate Cost process?

    • Analogous estimating

    • Three point estimate

    • Historical relationships

    • Parametric estimating

    Correct Answer
    A. Historical relationships
    Explanation
    PMBOK® Guide Fourth Edition, Page Number 169, Figure 7-2

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  • 11. 

    You are working as a Project Manager in a Projectized organization, where  you and your team are co-located in same place, and you are an authoritative Project Manager.All of the following are advantages of a Projectized organizational structure EXCEPT:

    • Loyalty to the project

    • Home for the team members after the project is completed

    • Effective communication

    • Team is only reported to Project Manager

    Correct Answer
    A. Home for the team members after the project is completed
    Explanation
    In a projectized organization, Team has no department to go back. Like in Strong Matrix. Team contract closes after the project completion.In Projectized organization team is dedicated towards project and in a co-located scenario communication increases and team is only reported to Project Manager

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  • 12. 

    You are identified as a Project Manager, What is your first activity, after gaining the approval on Charter?

    • Create Human Resource Plan

    • Create Project Management Plan

    • Create Communications Management Plan

    • Create Stakeholder Register

    Correct Answer
    A. Create Stakeholder Register
    Explanation
    After identification of Project Manager in Project Charter, Project Manager creates a Stakeholder Register

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  • 13. 

    Early termination of a contract is a special case of procurement closure. This can happen because of:

    • Default of the buyer

    • Default of the seller

    • Mutual agreement of the parties

    • Any of the above reasons

    Correct Answer
    A. Any of the above reasons
    Explanation
    Early termination of a contract is a special case of procurement closure that can result from a mutual agreement of both parties, from the default of one party, or for convenience of the buyer if provided for in the contract. Reference PMBOK(R) 5th Edition Page 387

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  • 14. 

    Outputs of Close Procurements process include all of the following EXCEPT:

    • Closed procurements.

    • Formal confirmation of deliverable acceptance.

    • The request for proposal (RFP) or request for quotation(RFQ), and the seller's working proposal.

    • Lessons learned documentation.

    Correct Answer
    A. The request for proposal (RFP) or request for quotation(RFQ), and the seller's working proposal.
    Explanation
    The request for proposal (RFP) or request for quotation(RFQ), and the seller's working proposal is not an output of close Procurements. Reference PMBOK(R) 5th Edition Page 389

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  • 15. 

    A project management plan is a formal, approved document that defines how the project is executed, monitored and controlled. In this scenario, who is responsible to create a project management plan?

    • Project manager creates the project management plan based on inputs from the sponsor and the functional manager.

    • Sponsor creates the project management plan based on inputs from the project manager and the functional manager.

    • Project manager creates the project management plan based on inputs from the team.

    • Sponsor creates the project management plan based on inputs from all the stakeholders.

    Correct Answer
    A. Project manager creates the project management plan based on inputs from the team.
    Explanation
    The Project Management Plan content will vary depending upon the application area and complexity of the project. Project Manager develops the project management plan based on inputs from the team.Reference PMBOK(R) 5th Edition Page 74

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  • 16. 

    A project consists of three major activities: A. dollar conversion development (5 weeks),B. chart of account development (6 weeks),C. General Ledger implementation (7 weeks).Activity B cannot start until activity A is completed and an additional week is spent on resource reassignment. Activity C can only start a week after activity B has started. What is the relationship between activity A and activity B is an example of?

    • Finish-to-finish

    • Start-to start

    • Finish-to-start

    • Start-to-finish

    Correct Answer
    A. Finish-to-start
    Explanation
    As Activity B cannot start until activity A is finished is an example of Finish Start dependency

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  • 17. 

    You want to create a schedule  baseline, and you are using a Critical path method  to achieve this. In this context, which of the following statements related to critical path method is not correct?

    • Total float can affect the calculated early start and finish dates

    • The flexibility of schedule is facilitated by activity total float

    • Networks can have only one critical path

    • Networks may have multiple near critical paths

    Correct Answer
    A. Networks can have only one critical path
    Explanation
    Networks can have multiple near critical paths. Reference: PMBOK® Guide Fourth Edition, Page Number: 155

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  • 18. 

    You are the project manager of a complicated construction project, which involves building highways in the state of North Carolina. You have several groups working with you in the project. To plan resources for this project and determine connection between activities you should preferably use:

    • Staffing pool description

    • Staffing management plan

    • Responsibility assignment matrix (RAM)

    • Organization matrix

    Correct Answer
    A. Responsibility assignment matrix (RAM)
    Explanation
    RAM is used to illustrate the connections between activities or work packages and project team members. On larger projects, RAMs can be developed at various levels. For example, a high-level RAM can define what a project team group or unit is responsible for within each component of the WBS, while lower level RAMs are used within the group to designate roles, responsibilities, and levels of authority for specific activities. Reference: PMBOK® Guide Fourth Edition, Page Number: 221

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  • 19. 

    All of the following are part of Change request EXCEPT:

    • Corrective Action

    • Defect repair

    • Preventive action

    • Deliverable

    Correct Answer
    A. Deliverable
    Explanation
    Corrective action, preventive action, defect repair, and requested changes are now under the general term `change request.`

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  • 20. 

    As a Project Manager you have  communicated the ground rules to the project team , now the responsibility of enforcing these rules lies with the:

    • Project Sponsor

    • Project team

    • PMO Manager

    • Project Manager

    Correct Answer
    A. Project team
    Explanation
    All project team members share responsibility for enforcing the rules once they are communicated and established

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  • 21. 

    You are engaging a virtual project team for your project to perform online marketing activities. This action will be performed during:

    • Execution

    • Controlling

    • Coordination

    • Monitoring

    Correct Answer
    A. Execution
    Explanation
    Engaging and acquiring virtual project Team is a tool and technique of Acquire Project Team Process, which is a part of Execution Process group. Reference: PMBOK® Guide Fourth Edition, Page 57, figure 3-32

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  • 22. 

    All of the following are benefits of creating virtual teams EXCEPT:

    • Reduction or deletion of travel expenses

    • Ability to add experts to the project team regardless of geographical location

    • Forming project teams of resources who work different shifts

    • Ability to make use of local HR policies

    Correct Answer
    A. Ability to make use of local HR policies
    Explanation
    Local Human Resource (HR) policies are an obstacle that project managers must be aware of when creating virtual teams, since there can be many differences in local HR policies. Some of these differences include local labor practices, vacation, and official work hours.

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  • 23. 

    You are working in a strong matrix organization  where you are managing cross departmental teams directly reporting to you during the project and you will also be involved in the performance appraisals of your team. This helps you in managing interpersonal relationships with your team members, because you have the following power:

    • Penalty

    • Referent

    • Expert

    • Legitimate

    Correct Answer
    A. Penalty
    Explanation
    Penalty Power is also referred as coercive power which gives you authority to reward or penalize. Referent Power is your personality power that people like you, want to follow you, it is also referred as charismatic power. Expert Power is your experience and your knowledge which is being acknowledged by the team and others. Legitimate power is you official power

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  • 24. 

    Which of the following statement regarding the functionalities of PMO in INCORRECT?

    • PMO manages major program scope changs

    • PMO manages the methodologies, and standards

    • PMO manages the interdependencies among projects at the enterprise level

    • PMO controls the assigned project resources to best meet project objectives

    Correct Answer
    A. PMO controls the assigned project resources to best meet project objectives
    Explanation
    Project Manager instead of PMO controls the assigned project resources to best meet project objectives. Reference PMBOK® Guide Fifth Edition, Page 12

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  • 25. 

    You are performing administrative closure activities during the Close Procurement Process.  All are administrative closure activities EXCEPT?

    • Finalizing Open Claims

    • Project Document Archiving

    • Lesson Learned Documentation

    • Obtain formal acceptance of the project scope from the customer

    Correct Answer
    A. Obtain formal acceptance of the project scope from the customer
    Explanation
    The Close Procurement process also involves administrative activities such as finalizing open claims, updating records to reflect final results and archiving such information for future use. Reference PMBOK(R) 5th Edition Page 387

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  • 26. 

    You are managing a complex project where multiple stakeholders has concerns, and they have conflicts. As a project manager, you should resolve the conflict in favor of:

    • Sellers / Business partners

    • Customers / Users

    • Portfolio managers / Portfolio review board

    • Project Teams

    Correct Answer
    A. Customers / Users
    Explanation
    The project manager is responsible to manage stakeholder expectations.

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  • 27. 

    You are working  in  an oil and gas company , your company  has a guideline to have their own  estimate of  the items  or services  to be procured  outside the organization . This helps to develop a cost estimates for the contract. This can also be referred as:

    • Time and Material Price

    • Vendor Bid Analysis Price

    • Fixed Price

    • Independent Estimate.

    Correct Answer
    A. Independent Estimate.
    Explanation
    The project manager is responsible to manage stakeholder expectations.

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  • 28. 

    In your project, you are now interested in determining the cause of variance relative to the scope baseline and deciding whether corrective action is required. You should use?

    • Configuration management system

    • Variance Analysis

    • Re-planning

    • Earned Value Spreadsheets

    Correct Answer
    A. Variance Analysis
    Explanation
    Variance analysis is the appropriate tool to use in this situation because it helps in determining the cause of variance relative to the scope baseline. By comparing the actual performance with the planned performance, variance analysis identifies any deviations and helps in understanding the reasons behind them. It allows project managers to assess whether corrective action is required to bring the project back on track. Configuration management system, re-planning, and earned value spreadsheets may be useful in other project management scenarios but are not specifically designed for determining the cause of variance and deciding on corrective action.

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  • 29. 

    You are given the following four projects. Which project will you select?

    • Project A with an opportunity cost of $ 200,000

    • Project B with a benefit-cost ratio of 0.50

    • Project C with an IRR of -5%

    • Project D with NPV of $ 150,000

    Correct Answer
    A. Project D with NPV of $ 150,000
    Explanation
    Opportunity cost is not the project selection criteria, Benefit cost ratio is less that 1, and IRR is -ve, so the valid answer is Project D with NPV of $ 150,000

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  • 30. 

    You have created a risk management plan to decide how to approach, plan, and execute the risk management activities for your project. Thereafter, you are involved with Identify Risks process to determine which risks might affect your project. What should you do NEXT? 

    • Plan Quality

    • Plan Risk Responses

    • Perform Qualitative Analysis

    • Define Activities

    Correct Answer
    A. Perform Qualitative Analysis
    Explanation
    Perform Qualitative Risk Analysis follows Identify Risks. This is a process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact. Reference: PMBOK® Guide Fourth Edition, Page Num

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  • 31. 

    While doing a cost-benefit analysis, you determine that a new project has 60% probability of earning a profit of $ 1,000,000 or 30% probability of incurring a loss of $ 500,000. What is the expected monetary value of the decision?

    • $400,000

    • $600,000

    • $450,000

    • $200,000

    Correct Answer
    A. $450,000
    Explanation
    Expected monetary value (EMV) analysis is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen (i.e. analysis under uncertainty). The EMV of opportunities will generally be expressed as positive values, while those of risks will be expressed as negative values. EMV for a project is calculated by multiplying the value of each possible outcome by its probability of occurrence and adding the products together. Reference: PMBOK® Guide Fourth Edition, Page Number: 298

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  • 32. 

    Which of the following statement is not CORRECT, in comparison of develop project team and manage project team?

    • Manage Project Team process handles the conflicts if they arise

    • Develop Project Team process improves the trust and agreement among team members

    • Manage Project Team process tracks the team member performance

    • Develop Project Team process analyze the impact of unavailability of key team member

    Correct Answer
    A. Develop Project Team process analyze the impact of unavailability of key team member
    Explanation
    Analyzing the impact of unavailability of team member is done in Acquire Project team process

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  • 33. 

    You are managing a social project in a local community and you have to deal with multiple stakeholders, in this context who is primarily responsible for stakeholder expectation management:

    • Project Sponsor

    • Project management team

    • Project Manager

    • Project Team

    Correct Answer
    A. Project Manager
    Explanation
    The project manager is responsible to manage stakeholder expectations.

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  • 34. 

    You have been asked to lead a virtual team whose members are dispersed across multiple continents. What is a MAJOR obstacle that must be overcome to build an effective team?

    • Disparate tools and technologies

    • Cultural differences

    • Local HR policies

    • Different time zones

    Correct Answer
    A. Cultural differences
    Explanation
    Differences in culture pose the greatest challenge when leading and managing a global team because attitudes towards authority, rank, and position vary greatly by geographic region. These challenges may be tied to differences in language, religion, gender roles, business practices, and local customs, just to name a few. You should put cultural issues on the agenda early to increase team awareness of these differences and to allow team members to

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  • 35. 

    You are working as a Project Manager in a Bank where decisions are primarily made by functional head. The organizational structure of bank is?

    • Weak Matrix

    • Balanced Matrix

    • Projectized

    • String Matrix

    Correct Answer
    A. Weak Matrix
    Explanation
    In a functional organization, decisions were made by functional heads, and Project manager works as an expeditor.

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  • 36. 

    All of the following statement about Sponsor is true EXCEPT?

    • Sponsor is responsible for the funding for a new project's conceptual study

    • Sponsor champions the project

    • Sponsor can authorize changes in scope

    • Sponsor is the only person who can write the Project Charter

    Correct Answer
    A. Sponsor is the only person who can write the Project Charter
    Explanation
    Sponsor is one of the stakeholder who can write the Project Charter, but NOT the only one who can write the Project Charter. Other than Sponsor, PMO, Portfolio Manager and in Program manager can also write the project charter

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  • 37. 

    You are in the initiating phase of your project and are involved with creation of the project charter. Which of the following statements relating to the project charter is NOT correct?

    • It is the document that formally authorizes a project.

    • Provides authority to the project manager.

    • It is issued by a project initiator or sponsor external to the project organization, at a level that is appropriate to funding the project

    • It is used primarily to request bids for different phases of a project.

    Correct Answer
    A. It is used primarily to request bids for different phases of a project.
    Explanation
    Project Charter is a document which authorizes a project and Project manager which will be initiated by sponsor or project initiator external to the project organization. Procurement documents are used to solicit proposals from perspective sellers. Reference PMBOk(R) Guide Fifth Edition, Page 368

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  • 38. 

    During your quality planning process, you have created a component-specific tool to verify that the required steps have been performed to test your product. This can also be referred to as:

    • Checklist

    • Operational definition

    • Quality management plan

    • Quality metrics

    Correct Answer
    A. Checklist
    Explanation
    A checklist is a structured tool, usually component-specific, used to verify that a set of required steps has been performed. Reference: PMBOK® Guide Fourth Edition, Page 201

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  • 39. 

    You are the project manager, heading a team of 10 technical developers. 3 more developers will be joining within a month. What will be the increase in the number of communication channels after the new members join your team?

    • 15

    • 23

    • 36

    • Cannot be determined from the given information

    Correct Answer
    A. 36
    Explanation
    Present number of members in the project team (including yourself) = 11. Total number of communication channels = N * (N – 1) / 2 = 11 * 10 / 2 = 55. Number of members in the your team after 3 developers join = 14 Total number of communication channels after 1 month = 14 * 13 / 2 = 91. Increase in the number of communication channels = 91 – 55 = 36

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  • 40. 

    As part of Perform Quantitative Risk Analysis process, you, as a project manager, have already done a sensitivity analysis, created decision trees and done a project simulation using Monte Carlo technique. However, when you show your results to your manager, she is not happy. She thinks that your analysis is not acceptable because:

    • Monte Carlo simulations are not a standard methodology used in the company for risk quantification.

    • The quantitative value of identified risks is too high.

    • You have not performed risk audits as part of your project.

    • You have not conducted an interview with the project stakeholders and subject matter experts.

    Correct Answer
    A. You have not conducted an interview with the project stakeholders and subject matter experts.
    Explanation
    Interviewing techniques draw on experience and historical data to quantify the probability and impact of risks on project objectives. The information needed depends upon the type of probability distributions that will be used... Documenting the rationale of the risk ranges and the assumptions behind them are important components of the risk interview because they can provide insight on the reliability and credibility of the analysis. Reference: PMBOK® Guide Fourth Edition, Page Number:296

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  • 41. 

    Which of the following statements related to managing different types of procurement contracts is not accurate?

    • In a fixed-price, incentive-fee contract, there is no incentive for the seller to decrease costs.

    • In a fixed-price contract, there is highest risk to the seller and lowest risk to the buyer.

    • Fixed price with redetermination retroactive contracts allow for adjusting of contract price after performance has been completed.

    • Fixed price with economic price adjustment allows for price increases if the contract is for multiple years.

    Correct Answer
    A. In a fixed-price, incentive-fee contract, there is no incentive for the seller to decrease costs.
    Explanation
    A fixed-price, incentive-fee contract provides for incentive to the seller to decrease costs and increase profits. Both the buyer and the seller share in the risks and savings. Reference: Project Management - A Systems Approach to Planning, Scheduling and Controlling, Page Number: 853

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  • 42. 

    Ou are working as Project Manager of an oil and gas project, and  more than 100  resources are reporting to you. As a Project Manager your job requires that you allocate work to your resource  and  make sure that the work is completed on time.  Which tool listed below will help you to achieve that:

    • Project Management Information System

    • Critical Path Method

    • Work Authorization System

    • Work Breakdown Structure

    Correct Answer
    A. Work Authorization System
    Explanation
    Work Authorization System: It is a collection of formal documented procedures that define how the project work is authorized to ensure that work is done by the identified organization, at the right time, and in proper sequence. It includes the steps, documents, tracking system, and defined approval levels needed to issue work authorizations. Reference: PMBOK® Guide

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  • 43. 

    You are managing a major missile launch project, and you are performing a quality assurance process and you want to determine that either the processes are in control or not. Which of the following tool will be helpful in this situation.

    • Run Chart

    • Cause an Effect Diagram

    • Control Chart

    • Ishikawa diagram

    Correct Answer
    A. Control Chart
    Explanation
    Control Chart is the BEST tool here as, in this process, the appropriate data is collected and analyzed to indicate the quality status of project processes and products. Control charts illustrate how a process behaves overtime and when a process is subject to special cause variation, resulting in an out-of-control condition.

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  • 44. 

    You are managing an  ERP Project  for a  bank and  one of bank manager constantly professes to know all about project management and keeps challenging you and your management  The bank manager is playing the role of:

    • Devil`s Advocate

    • Dominator

    • Challenger

    • Aggressor

    Correct Answer
    A. Dominator
    Explanation
    Devil’s Advocate always in search of faults and gaps to highlight, and doesn’t support the project management, is actually the devil rather than devil’s advocate. Dominator always tries to take over or professes to know everything about subject, and he/she also manipulates the things for their favor. Aggressor is a big time critique and deflates the status an ego of other team members.

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  • 45. 

    Which of the following conflict resolution technique should be used by project managers as preferred resolution technique:

    • Forcing

    • Withdrawal

    • Compromise

    • Confrontations

    Correct Answer
    A. Confrontations
    Explanation
    The most preferred conflict resolution techniques adopted by project managers (in descending order of preference) are as follows: 1. Confrontation, 2. Compromise, 3. Smoothing, 4. Forcing & 5. Withdrawal

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  • 46. 

    Below are the list of activities, a Project Manager can delegate to its subordinate EXCEPT:

    • Project Status Presentation

    • Risk Auditing

    • Calculating Earned Value Management

    • Performance appraisals

    Correct Answer
    A. Performance appraisals
    Explanation
    A manager should not delegate long-range planning, performance appraisals, personal matters, or leadership activities to her subordinates. However a Project Manager can delegate routine project monitoring and controlling activities.

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  • 47. 

    You are a project manager contracting work out and you must now select the organization for the contract. What is the BEST technique to rank the prospective sellers according to their capabilities to successfully complete the conditions of the contract?

    • Bidder conference

    • Independent estimates

    • Inspections and Audits

    • Proposal evaluation technique

    Correct Answer
    A. Proposal evaluation technique
    Explanation
    The project manager is responsible to manage stakeholder expectations.

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  • 48. 

    You are the project manager on a research project. You have received the news that your shipment of supplies will be delayed by two weeks due to bad weather. What will be your FIRST step?

    • Fast track the project to ensure that the project schedule is not delayed.

    • Determine how much float is available in that task.

    • Try to get additional supplies from an alternate location as soon as possible.

    • Take corrective action to minimize the impact of delay.

    Correct Answer
    A. Determine how much float is available in that task.
    Explanation
    The correct answer is to determine how much float is available in that task. Float refers to the amount of time that a task can be delayed without affecting the overall project schedule. By determining the float, the project manager can assess the impact of the supply delay on the project timeline and make informed decisions on how to proceed. This step allows the project manager to understand the flexibility in the schedule and plan accordingly to minimize the impact of the delay.

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  • 49. 

    The Credit Card Department Head of AUC Bank is in the process of creating a project charter to formally authorize a new project . In this context, what should be done FIRST?

    • Develop Project Management Plan

    • Identify a project manager for the project

    • Document Business Need

    • Identify the stakeholders

    Correct Answer
    A. Identify a project manager for the project
    Explanation
    A Project manager is identified and assigned as early in the project as is feasible, preferably while the project charter is being developed and always prior to the start of planning. Reference PMBOk(R) Guide Fifth Edition, Page 67

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Quiz Review Timeline (Updated): Mar 20, 2023 +

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  • Current Version
  • Mar 20, 2023
    Quiz Edited by
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  • Oct 26, 2015
    Quiz Created by
    Oafarooqui87
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