Project Management MCQ Part-3

Project Management

 1. Which of these is not one of the constraints of a project?

a. Scope

b. Resources

c. Team

d. Budget

2. Which of the following is not correct about initial phase of a project?

a. The cost associated at the beginning of the project is highest.

b. Stakeholders have maximum influence during this phase

c. The highest uncertainty is at this stage of the project.

d. All the above statements are correct.

3. The project you are managing has nine stakeholders. How many channel of communications are there between these stakeholders?

a. 9

b. 8

c. 45

d. 36

4. Which of the following is not an example of formal communication?

a. Contract

b. email

c. Project status report

d. Status meeting

5. A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000?

a. Cost Variance

b. Management Overhead

c. Management Contingency Reserve

d. Schedule Variance

6. If the Earned Value is equal to Actual Cost, it means_____.

a. Project is on budget and on schedule

b. Schedule Variance Index is 1

c. There is no schedule variance

d. There is no cost variance

7. Which of the following is the most important element of Project Management Plan that is useful in HR Planning process______.

a. Risk Management activities

b. Quality Assurance activities

c. Activity Resource requirements

d. Budget Control activities

8. Which of the following types of Organizational Charts can be BEST used to track project costs ______.

a. Hierarchical-type Organizational Chart

b. Organizational Breakdown Structure

c. Resource Breakdown Structure

d. Responsibility Assignment Matrix

9. Which of the following is not true for a Responsibility Assignment Matrix (RAM)____.

a. Defines what project team is responsible for each WBS component

b. Defines what project member is responsible for each activity

c. Text description of roles, responsibilities, authorities

d. Defines all people associated with each activity

10. Process Analysis is a function of_____.

a. Performance Analysis

b. Quality Metrics

c. Process Improvement Plan

d. Quality Improvement Plan

11. Root Cause Analysis relates to_____.

a. Process Analysis

b. Quality Audits

c. Quality Control Measurements

d. Performance Measurements

12. A planning phase for an engineering component generated 80 engineering drawings. The QA team randomly selected 8 drawings for inspection. This exercise can BEST be described as example of______.

a. Inspection

b. Statistical Sampling

c. Flowcharting

d. Control Charting

13. Andrew has joined as the Project Manager of a project. One of the project documents available to Andrew lists down all the risks in a hierarchical fashion. What is this document called?

a. Risk Management Plan.

b. List of risks.

c. Monte Carlo diagram.

d. Risk Breakdown Structure.

14. During which stage of Risk planning are risks prioritized based on probability and impact?

a. Identify Risks

b. Plan Risk responses

c. Perform Qualitative risk analysis

d. Perform Quantitative risk analysis

15. Activity Definition is typically performed by which of the following_____.

a. Project Manager who created the WBS

b. Project Team Members responsible for the work package

c. Project Officer

d. Project Stakeholder

16. Which of the following does NOT generate changes to the Project documents_____.

a. Define Activities

b. Sequence Activities

c. Estimate Activity Resources

d. Estimate Activity Durations

17. Which of the following may generate a milestone list:

a. Define Activities

b. Sequence Activities

c. Estimate Activity Resources

d. Estimate Activity Durations

18. A schedule activity may begin 10 days before the predecessor activity finishes. This is an example of______.

a. Finish-to-Start

b. Start-to-Finish

c. Start-to-Start

d. Finish-to-Finish

19. Sam Consultancy is planning to buy ten desktops for $1500 each from a leading computer store. Which type of contract will get signed in this case?

a. Purchase Order

b. Cost plus Fee

c. Fixed cost

d. Time and Material

20. Alice is a Project Manager. She is coordinating a bidder conference to allow vendors to get clarification on the work that needs to be performed. Which phase of Project Management is in progress.

a. Conduct Procurement

b. Plan Procurement

c. Control Procurement

d. Close Procurement

21. The process of Control Procurement falls under which process group

a. Planning

b. Closing

c. Monitoring and Control

d. Executing

22. The advent of project management has been most profound in______.

a. Automobile manufacturing

b. Construction

c. Information technology

d. The U.S. Department of Defense

e. Film making

23. A professional organization for project management specialists is the_____.

a. PMI

b. AMA

c. MIS

d. IPM

e. PMBOK

24. Which of the following is not considered to be a characteristic of a project?

a. An established objective

b. A clear beginning and end

c. Complex tasks

d. Only for internal use

e. Never been done before

25. Which of the following activities is not considered a project?

a. Developing a new software program

b. Designing a space station

c. Preparing the site for the Olympic Games

d. Production of automobile tires

e. Developing a new advertising program

~ Questions on Project Quality Management

~ Questions on Project Risk Management

~ Questions on Project Time / Schedule Management

~ Questions on Project Procurement Management