Leading & Managing Projects

180 Questions | Total Attempts: 136

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Leading & Managing Projects

There are 180 Questions. Each Question carries 1 Mark. There is no negative marking.


Questions and Answers
  • 1. 
    You’re a project manager at a construction company that’s selling services to a client. You are working on a schedule and a budget when the CEO at the client demands that you do not produce those things. Instead, he wants you to begin work immediately. What the BEST thing that you can do?
    • A. 

      Meet with the CEO to explain why the budget and schedule are necessary

    • B. 

      Stop work immediately and go into claims administration

    • C. 

      Don’t produce the schedule and budget

    • D. 

      Ask the buyer to find another company to work with

  • 2. 
    You’re working on a project, when the client demands that you take him out to lunch every week if you want to keep his business. What’s the BEST thing to do?
    • A. 

      Take the client out to lunch and charge it to your company

    • B. 

      Refuse to take the client out to lunch because it’s a bribe

    • C. 

      Take the client out to lunch, but report him to his manager

    • D. 

      Report the incident to PMI

  • 3. 
    You are working on one of the first financial projects your company has attempted, and you have learned a lot about how to manage the project along the way. Your company is targeting financial companies for new projects next year. What’s the BEST thing for you to do?
    • A. 

      Talk to your company about setting up some training sessions so that you can teach others what you have learned on your project

    • B. 

      Keep the information you’ve learned to yourself so that you’ll be more valuable to the company in the next year

    • C. 

      Decide to specialize in financial contracts

    • D. 

      Focus on your work with the project and don’t worry about the helping other people to learn from the experience

  • 4. 
    You find out that you could save money by contracting with a seller in a country that has lax environmental protection rules. What should you do?
    • A. 

      Continue to pay higher rates for a environmentally safe solution

    • B. 

      Take advantage of the cost savings

    • C. 

      Ask your boss to make the decision for you

    • D. 

      Demand that your current contractor match the price

  • 5. 
    The stakeholder register is an input to which of the following processes? 
    • A. 

      Plan Risk Management and Collect Requirements

    • B. 

      Perform Integrated Change Control and Plan Communications Management

    • C. 

      Plan Quality Management and Perform Quality Assurance

    • D. 

      Identify Risks and Develop Project Charter

  • 6. 
    Which of the following statements best describes how stakeholders are involved on a project 
    • A. 

      They help to determine the project schedule, deliverables and requirements

    • B. 

      They help to determine the project constraints and product deliverables

    • C. 

      They help to determine the resource needs and resource constraints on the project

    • D. 

      They approve project charter, help provide assumptions and create management plan

  • 7. 
    The role of each stakeholder is determined by 
    • A. 

      The stakeholder and the sponsor

    • B. 

      The project manager and sponsor

    • C. 

      The team and project manager

    • D. 

      The project manager and stakeholder

  • 8. 
    When do stakeholders have most influence in a project? 
    • A. 

      At the beginning of the project

    • B. 

      In the middle of the project

    • C. 

      At the end of the project

    • D. 

      Throughout the project

  • 9. 
    The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders meeting that the project you’re managing will be completed by the end of this year. The problem is that this is six months prior to the scheduled completion date. It’s too late to go back and correct her mistake, and stockholders are expecting implementation by the announced date. You must speed up the delivery date of this project. Your primary constraint before this occurred was the budget. Choose the best action from the options listed to speed up the project
    • A. 

      Hire more resources to get the work completed faster.

    • B. 

      Ask for more money so that you can contract out one of the phases you had planned to do with in-house resources.

    • C. 

      Utilize negotiation and influencing skills to convince the project sponsor to speak with the CEO and make a correction to her announcement.

    • D. 

      Examine the project plan to see whether there are any phases that can be fast tracked, and then revise the project plan to reflect the compression of the schedule.

  • 10. 
    These types of dependencies can create arbitrary total float values and limit your scheduling options.
    • A. 

      Discretionary

    • B. 

      External

    • C. 

      Mandatory

    • D. 

      Hard logic

  • 11. 
    Inspections are also called each of the following except for which one?
    • A. 

      Reviews

    • B. 

      Assessment

    • C. 

      Walk-throughs

    • D. 

      Audits

  • 12. 
    Project managers spend what percentage of their time communicating?
    • A. 

      90

    • B. 

      85

    • C. 

      75

    • D. 

      50

  • 13. 
    The primary function of the Closing processes is to perform which of the following?  
    • A. 

      Formalize lessons learned and distribute this information to project participants.

    • B. 

      Perform audits to verify the project results against the project requirements.

    • C. 

      Formalize project completion and disseminate this information to project participants.

    • D. 

      Perform post-implementation audits to document project successes and failures.

  • 14. 
    What are decision models?
    • A. 

      Project selection criteria

    • B. 

      Project selection methods

    • C. 

      Project selection committees

    • D. 

      Project resource and budget selection methods

  • 15. 
    During your project meeting, a problem was discussed, and a resolution to the problem was reached. During the meeting, the participants started wondering why they thought the problem was such a big issue. Sometime after the meeting, you received an email from one of the meeting participants saying they’ve changed their mind about the solution reached in the meeting and need to resurface the problem. The solution reached during the initial project meeting is a result of which of the following conflict resolution techniques?
    • A. 

      Confrontation

    • B. 

      Forcing

    • C. 

      Smoothing

    • D. 

      Storming

  • 16. 
    You’ve been assigned as a project manager on a research and development project for a new dental procedure. You’re working in the Scope Management Knowledge Area. What is the purpose of the project scope management plan
    • A. 

      The project scope management plan describes and documents a scope baseline to help make future project decisions.

    • B. 

      The project scope management plan decomposes project deliverables into smaller units of work.

    • C. 

      The project scope management plan describes how project scope will be developed and how changes will be managed.

    • D. 

      The project scope management plan describes how cost and time estimates will be developed for project scope changes.

  • 17. 
    All of the following statements are true regarding Ishikawa diagrams in the Identify Risks process except which one?
    • A. 

      Ishikawa diagrams are also called cause-and-effect diagrams.

    • B. 

      Ishikawa diagrams are also called fishbone diagrams.

    • C. 

      Ishikawa diagrams are part of the diagramming tool and technique of this process.

    • D. 

      Ishikawa diagrams show the steps needed to identify the risk.

  • 18. 
    All of the following are outputs of the Perform Integrated Change Control process except for which one?
    • A. 

      Change request status updates

    • B. 

      Project management plan updates

    • C. 

      Organizational process assets updates

    • D. 

      Project document updates

  • 19. 
    What is one of the most important skills a project manager can have?
    • A. 

      Negotiation skills

    • B. 

      Influencing skills

    • C. 

      Communication skills

    • D. 

      Problem-solving skills

  • 20. 
    All of the following are a type of project ending except for which one?
    • A. 

      Extinction

    • B. 

      Starvation

    • C. 

      Desertion

    • D. 

      Addition

  • 21. 
    You are the project manager for a construction company that is building a new city and county office building in your city. Your CCB recently approved a scope change. You know that scope change might come about as a result of all of the following except which one?
    • A. 

      Schedule revisions

    • B. 

      Product scope change

    • C. 

      Changes to the agreed-upon WBS

    • D. 

      Changes to the project requirements

  • 22. 
    You are the project manager for Xylophone Phonics. It produces children’s software programsthat teach basic reading and math skills. You’re performing cost estimates for your projectand don’t have a lot of details yet. Which of the following techniques should you use?
    • A. 

      Analogous estimating techniques, because this is a form of expert judgment that uses historical information from similar projects

    • B. 

      Bottom-up estimating techniques, because this is a form of expert judgment that uses historical information from similar projects

    • C. 

      Monte Carlo analysis, because this is a modelling technique that uses simulation to determine estimates

    • D. 

      Parametric modelling, because this is a form of simulation used to determine estimates

  • 23. 
    Project managers have the highest level of authority and the most power in which type of organizational structure?
    • A. 

      Projectized

    • B. 

      Strong matrix

    • C. 

      Functional

    • D. 

      Balanced matrix

  • 24. 
    This process is concerned with determining the information stakeholders will need the project and the methods of communication.
    • A. 

      Distribute Information

    • B. 

      Report Performance

    • C. 

      Plan Communications

    • D. 

      Identify Stakeholder Needs

  • 25. 
    All of the following statements are true regarding risk events except which one? Choose the least correct answer.
    • A. 

      Project risks are uncertain events.

    • B. 

      If risks occur, they can have a positive or negative effect on project objectives.

    • C. 

      Unknown risks are threats to the project objectives, and nothing can be done to plan for them.

    • D. 

      Risks that have more perceived rewards to the organization than consequences should be accepted.

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