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MCQ of Project Management Part 1 1 Compress

The document provides a multiple choice quiz on project management concepts. It includes 22 questions testing understanding of topics like the project management definition, steps in the project life cycle like planning and risk identification, tools like control charts, roles of the project manager and project management office, and processes like developing project scope and budgets. The questions assess comprehension of foundational aspects of project initiation, planning, execution, monitoring and closing.

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Ketan Bhalerao
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0% found this document useful (0 votes)
487 views19 pages

MCQ of Project Management Part 1 1 Compress

The document provides a multiple choice quiz on project management concepts. It includes 22 questions testing understanding of topics like the project management definition, steps in the project life cycle like planning and risk identification, tools like control charts, roles of the project manager and project management office, and processes like developing project scope and budgets. The questions assess comprehension of foundational aspects of project initiation, planning, execution, monitoring and closing.

Uploaded by

Ketan Bhalerao
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MCQ OF PROJECT MANAGEMENT

1. According to the Project Management Institute (PMI), project


management is defined as "the application of knowledge, _____,
_____, and techniques to project activities to meet the project
requirements".

Select one:
a. skills, analysis
b. tools, analysis
c. analysis, theories
d. skills, tools
e. skills, theories

Answer : (D) skills, tools

2. As a project manager, Tyler is so happy that all expected


project deliverable have been accomplished by his project team.
What is the next step for his project to proceed in order to verify
the project scope by his project client?

Select one:
a. Ask his client to pay for the completed project deliverables.
b. Award all of his project team members for such a great
accomplishment.
c. Offer a party for his project team and client to celebrate the success of
the project.
d. Ask his client to conduct an inspection on all of the completed project
deliverables.
e. Invite a few experts to judge the quality of all the completed project
deliverables.

Answer : (d) Ask his client to conduct an inspection on all of the


completed project deliverables

3. What is the first step in project planning?

Select one:
a. Establish the objectives and scope.
b. Determine the budget.
c. Select the team organizational model.
d. Determine project constraints.
e. Inspect the deliverables.
Answer : (a) Establish the objectives and scope

4. While assessing your project processes, you have identified


some uncontrolled process variations. Which of the following
would be the appropriate chart you may use for this purpose?

Select one:
a. Pareto diagram
b. PERT chart
c. Control chart
d. HR personnel chart
e. Critical path

Ans:- C. Control chart

5. Once the project is approved and moves into the planning


stage, what happens in the next phase of the project life cycle?

Select one:
a. Agreements for risk sharing need to be concluded.
b. The total risk on the project typically reduces as activities are
performed without loss.
c. Risks must be weighed against the potential benefit of the project's
success in order to decide if the project should be chosen.
d. Risks are identified with each major group of activities.
e. A risk response plan can be used to identify increasing levels of detailed
risk analysis

Answer : - D. Risks are identified with each major group of


activities.

6. Fill in the blank. Risk must be considered in the _____ phase and
weighed against the potential benefit of the project's success in
order to decide if the project should be chosen.

Select one:
a. completion
b. closeout
c. execution
d. planning
e. initiation

Answer is - (E) initiation


7. Due to the rapid expansion of your company, your boss decides
to establish a project management office (PMO) within the
company and asks you to take the lead. According to the PMBOK
guide, to be the ideal PMO you can do which of the following?

Select one:
a. Speed up a specific ongoing project.
b. Find opportunities for collaborative project management.
c. Reassign the resources that have been assigned to ongoing projects.
d. Reduce the assigned resources to existing projects.
e. Reduce the number of project managers in the company.

Ans - B. Find opportunities for collaborative project management

8. Why does the creation of processes for developing teams,


establishing priorities, and distributing work and tasks require
different sets of skills?

Select one:
a. Because resources on the project management team may view it as
permanent
b. Because resources on the project management team may view it as
temporary
c. Because resources on the project team are not aware of the technical
aspects of the initiative
d. Because members of the project management team are not aware of
the knowledge and skills of the other people working on the project
e. Because project management teams do not look after the operational
aspects of the project and are concerned only with the strategy

Ans - b. Because resources on the project management team may


view it as temporary

Question 9. According to Bruce Tuckman's five stages of team


development, project team members compete for control at which
stage?

Select one:
a. Forming
b. Storming
c. Norming
d. Performing
e. Adjourning

Answer- (b) Storming


10. The project management office (PMO) handles all of the
following functions EXCEPT:

Select one:
a. maintaining the organization's project management policies and
procedures.
b. supervising the project managers.
c. assigning project managers from other departments but not procuring
contract project managers.
d. monitoring project performance. e. providing functional support to
projects like project scheduling and project cost analysis

Ans - c. assigning project managers from other departments but


not procuring contract project managers.

11. Under which of the following conditions would teams be more


effective than individuals?

Select one:
a. When speed is important
b. When the activities involved in solving the problem are very detailed
c. When the actual document needs to be written
d. When innovation is required
e. When a commitment to the solution is needed by small portions of the
project tea

Ans - d. When innovation is required

12. Which of the following is the process of understanding the


knowledge, skills, and abilities needed to manage a task and then
matching the team members with the right skills to do that work?

Select one:
a. Benchmarking
b. Expediting
c. Procurement
d. Delegation
e. Solicitation

Ans - d. Delegation
13. Which of the following defines what tasks the project
resources are expected to accomplish and, just as importantly,
what is not part of the project team's responsibilities?

Select one:
a. Punch list
b. Check sheet
c. Project logic diagram
d. Checklist
e. Scope document

Ans - e. Scope document

14. After Marta obtained her PMP certificate, her boss assigned
her to be in charge of a long-term project, which a recently
resigned project manager, Todd, had been working on for three
years. When Marta looks at historical information that Todd
achieved for this project, which of the following is deemed most
critical for Marta to manage her project team?

Select one:
a. Project contract
b. Detailed activity lists and WBS dictionary
c. Legal documents
d. Project lessons
e. Learn who are the project investors

Ans - b. Detailed activity lists and WBS dictionary

15. Fill in the blank. There is _______ correlation between project


complexity and project risk. Select one:

a. an unknown
b. a positive
c. no
d. a negative
e. a general

Ans - b. a positive

16. As a new project manager, Karen was worried about a


statement from her client: "your project deliverable is in low
quality with low grade". According to PMBOK, how can you help
Karen distinguish the differences between "quality" and "grade"?
Select one:
a. Quality and grade represent the same thing.
b. Low quality can never be a problem, but low grade is.
c. Low quality represents a true problem, but low grade might not be the
case.
d. Low quality with high grade is always desirable to your client. e. High
quality always represents high grade.

Answer - c. Low quality represents a true problem, but low grade


might not be the case

17. Complete the following statement. As a project manager,


Darrell is excited that he is assigned to be in charge of the most
important project this year. After being chartered for the project,
he analyzes the information in the project charter and the
stakeholder register to:

Select one:
a. decide how to draft a scope statement.
b. start to define and develop the stakeholder needs and
requirements. c. prepare for the template to monitor project progress.
d. estimate the entire project budget.
e. learn how to get project budget approved by stakeholders.

Answer - b. start to define and develop the stakeholder needs and


requirements.

18. After Ling finished drafting a new project charter, she sent a
copy of the charter to all key project parties including the project
sponsor, senior management and key stakeholders, and
scheduled a kick-off meeting with them. What will be the most
important goal for Ling to complete the project charter?

Select one:
a. Make a professional looking project charter to impress the key project
parties.
b. Get confirmation from the key parties that they have read the charter.
c. Invite the key parties for a nice lunch to establish a friendly relationship.
d. Gather promises from the key project players.
e. Obtain officially signed project charters from the key parties.

Answer - e. Obtain officially signed project charters from the key


parties.

19. Fill in the blank. During the _________ of a project, the project
manager focuses on developing the project infrastructure needed
to execute the project and developing clarity around the project
charter and scope.

Select one:
a. completion
b. start-up
c. execution
d. evaluation
e. selection

Answer - b. start-up

20. A project budget estimate that is developed with the least


amount of knowledge is known as which of the following?

Select one:
a. Rough order of magnitude (ROM) estimate
b. Scope of work estimate
c. Conceptual estimate
d. Line estimate
e. Milestone schedule estimate

Answer - c. Conceptual estimate

21. What is the first step in developing a risk management plan?

Select one:
a. Analyze the risks.
b. Estimate the likelihood of the risks occurring.
c. Identify potential project risks.
d. Develop a risk mitigation plan.
e. Estimate the potential impact of risk on the project goals.

Answer - c. Identify potential project risks

22. According to the PMBOK guide, which of the following


statements is right in terms of using reserve analysis to
determine a project budget?

Select one:
A. Reserve analysis always plans contingency reserves for unexpected
project scope and project costs, which are part of your project budget.
B. Reserves should not be included in the project budget.
C. If you only have limited resources, you may completely ignore reserve
analysis when you try to determine your project budget.
D. Planning contingency reserves for a project is not practical.
E. Contingency reserves have never been a concern when planning a
project budget.

Answer - A. Reserve analysis always plans contingency reserves


for unexpected project scope and project costs, which are part of
your project budget.

23. Complete the following statement. As the project progresses


into the execution phase:

Select one:
a. risks need to be checked off on activities that have been performed.
b. the total risk on the project typically increases.
c. risks are identified with each major group of activities.
d. a risk response plan can be used to identify increasing levels of detailed
risk analysis.
e. the risk breakdown structure needs to be examined to be sure all the
risk events have been avoided.

Answer - a. risks need to be checked off on activities that have


been performed.

24. Which of the following statements about achieving a common


understanding of the project purpose is true?

Select one:
a. A common understanding means building a consensus and
disagreement regarding a project's purpose is often fatal to project
execution.
b. Developing a common understanding involves defining project success,
determining potential barriers to success, establishing milestones, and
identifying decision-makers.
c. The methods and processes employed to develop a common
understanding depend on the duration of the project.
d. Irrespective of the complexity of the project, developing a common
understanding usually involves informal discussions that last a few hours.
e. When developing a common understanding of the purpose of a project,
participants are often instructed to refrain from expressing skepticism.

Answer - b. Developing a common understanding involves defining


project success, determining potential barriers to success,
establishing milestones, and identifying decision-makers.

25. Which of the following is typically a written document that


defines what work will be accomplished by the end of the project?
Select one:
a. Scope of work (SOW)
b. Project logic diagram
c. Milestone schedule
d. Ballpark estimate
e. Work breakdown structure

Answer - a. Scope of work (SOW)

26. What is considered to be the most useful skill for a project


manager who works in a matrix environment in order to achieve
project goals?

Select one:
a. Leadership skill
b. Influencing
c. Conflict management skill
d. Time management
e. Planning skill

Answer - b. Influencing

27. Marco is an investor, and Jon is a project team member. Both


have intensive technical background for the project that you are
managing. However, recently they have disagreed on the next
step to take for the project. They both decide to defer to whoever
has the authority to make this decision. Who has the authority to
decide which direction should be taken for the project?

Select one:
a. Project manager
b. Stakeholders
c. The project team
d. Investors
e. The board of trustees of this company

Answer - c. The project team

28. As a project manager, while Kathy was trying to categorize all


potential risks for her new construction project M based on levels
of probability and impact on the project, she identified a potential
risk, regarding a schedule conflict with another project to obtain
critical equipment for a short time period. Overall, because this
risk is probable and might impact her project M, Kathy wants to
record this risk; however, she is confused about where she should
document this type of risk. According to the PMBOK guide, where
should Kathy document this risk?
Select one:
a. Watch list
b. Risk management plan
c. Project management plan
d. WBS
e. Scope management plan

Answer - d. WBS

29. Which of the following is a quality management system that


gives titles to specialists and requires a cost-benefit analysis?

Select one:
a. Lean accounting
b. Business process re-engineering
c. Kaizen
d. Six Sigma
e. Total Quality Management

Answer - d. Six Sigma

30. Which one of the following is the last step of project closings?

Select one:
a. The client has accepted the product.
b. Archives are complete.
c. The client appreciates your product.
d. Lessons learned are documented.
e. Temporary staff is released.

Answer - b. Archives are complete.

31. As a project manager of Project Cool at the company, Samira


is responsible for monitoring and controlling two project
management processes: process A and process B. She recently
noticed a high priority risk X has been imposed on her project
process A in Project Cool. While she tried to control the risk X,
she also noticed that a new potential risk Y will be added to
process B. Which of the following best explains this situation?

Select one:
a. If risk Y happens, then it is all Samira's fault, because she did not do a
good job of carefully monitoring the risks for Project Cool.
b. This is common in practice. Risk Y is a secondary risk caused by Risk X.
c. The potential risk might happen, but Samira can ignore risk Y, as risk X
takes higher priority.
d. Samira is not experienced enough for handling risk management, so
her boss will probably fire her.
e. Risk Y is called a low priority risk, which is not considered to be a real
concern, so Samira should not worry about risk Y.

Answer - b. This is common in practice. Risk Y is a secondary risk


caused by Risk X.

32. Roberto is in charge of a new project to help Company A


upgrade its old HR system to a cutting-edge, cross-platform
system with the most recent mobile technologies. After his
project team assessed the available system documentations, the
team found the existing documentations too large and
complicated to implement the system updates. Roberto advised
his team to decompose the major project deliverables into more
executable components. In this project process, Robert advised
his team to do which of the following?

Select one:
a. Document requirements
b. Create WBS
c. Define project scope
d. Verify project scope
e. Plan project milestones

Answer - b. Create WBS

33. Complete the following statement. In a weak matrix


environment, the project manager, Eric, has to constantly make
an effort to influence his project team and stakeholders to ensure
project success. This is because:

Select one:
a. Eric has a lot of authority.
b. Eric has no or little authority.
c. Eric is controlled by his functional managers.
d. there are no functional managers.
e. Eric has flexibility on authority.

Answer - b. Eric has no or little authority.

34. Jack is in charge of a project team. Due to an unexpected


project change, some issues with the project have come up. Two
key team members, Samantha and Felix, are arguing their
solutions to the project problems. They cannot convince each
other, and their conflict is creating a negative impact on the
project's progress. As a PMP, which of the following would be the
best advice for Jack to manage this conflict?

Select one:
a. Confront the problem early, and invite both Samantha and Felix to
private meetings.
b. Force Felix to give up and to support Samantha.
c. Suggest that Samantha concede to Felix.
d. Let Felix and Samantha exercise their concerns through conflict
resolution.
e. Delay this issue for now until it becomes a significant conflict.

Answer - a. Confront the problem early, and invite both Samantha


and Felix to private meetings.

35. Ahmed is actively initiating a project, so he plans to invite all


relevant internal and external stakeholders including sponsors,
customers, project teams, etc. for a kick-off meeting. To ensure
all of them are covered in the stakeholder register, which
document is the most helpful for Ahmed to look at?

Select one:
a. Project team activities
b. Scope statement
c. Project charter
d. Work packages
e. Project funding agents

Answer - c. Project charter

36. Which of the following is a personal characteristic that


reflects the truthfulness of an individual that can be checked
against observable facts?

Select one:
a. Objective credibility
b. Attribution of benevolence
c. Non-manipulative trust
d. High cost of lying
e. Acknowledgment of munificence

Answer - a. Objective credibility


37. When a project manager starts to plan a new project budget,
the cost of which project management process group is expected
to be lowest?

Select one:
a. Initiating
b. Executing
c. Monitoring and controlling
d. Closing
e. Planning

Answer - d. Closing

38. CV = $70,000; AC = 90,000; Budget = $200,000. What percent


of the project is complete?

Select one: a. 80% b. 53% c. 45% d. 35% e. 75%

Answer - a. 80%

39. As a project manager, John was finally relieved because a


major project led by him was just announced a success. According
to the PMBOK, which of the following has likely happened in order
to consider John's project a success?

Select one:
a. John's project has met all of the stakeholders' expectations.
b. The phase completion of John's project has been approved.
c. John's client has paid off the project.
d. John's boss is happy.
e. John and his team are promoted and get salary increases.

Answer - c. John's client has paid off the project.

40. As a project manager, Neel has a team member, Kate, who has
not been performing well. Due to many repeated mistakes, she
has significantly delayed the whole project progress. Neel tried to
offer relevant trainings for Kate to improve her performance, and
he was not able to see any progress in two months. However,
Kate is a single mom with three kids, and she needs this job to
support her family. Based on what you know about conflict
management, in this situation, how should Neel proceed?

Select one:
a. Neel should fire Kate and look for a more qualified team member.
b. Neel should help Kate find another job in the firm.
c. Neel should assign Kate more challenging tasks.
d. Neel should let Kate stay on the job and pick up her slack.
e. Neel should reduce Kate's salary to reflect her performance.

Answer - a. Neel should fire Kate and look for a more qualified
team member

1. The PERT in project management means program evaluation and _____


technique.
(A) resource
(B) reconciliation
(C) reconsideration
(D) review

2. “Risk” is usually _______ as the project progresses.


(A) increases
(B) reduces
(C) remains same
(D) becomes negligible

3. Assembling project team and assigning their responsibilities are done during
which phase of a project management?
(A) Initiation
(B) Planning
(C) Execution
(D) Closure

5. The basic nature of a project is a/an _____ one.


(A) permanent
(B) temporary
(C) (A) or (B)
(D) Both (A) and (B)

6. A process that involves continuously improving and detailing a plan as more detail
become available is termed as
(A) project analysis
(B) project enhancing
(C) progressive deliberation
(D) progressive elaboration

6. A program is usually a group of


(A) plans
(B) people and work
(C) related projects
(D) unrelated projects

4. Which from the following statement(s) is/are NOT true?


I. Projects have defined objectives
II. Programs have a larger scope than projects
III. The projects and programs in a portfolio must be directly related
(A) I only
(B) II only
(C) III only
(D) II and III only

5. Projects management is divided in _____ process groups.


(A) 5
(B) 7
(C) 9
(D) 11

6. If any one factor of a project changes, _____ other factor(s) is/are likely to be
affected.
(A) all
(B) one
(C) at least one
(D) at most one

7. Business Value =
(A) Tangible Elements
(B) Intangible Elements
(C) Tangible Elements – Intangible Elements
(D) Tangible Elements + Intangible Elements

8. Which from the following is NOT a tangible element?


(A) Fixtures
(B) Trademarks
(C) Monetary assets
(D) Stockholder equity

9. Which from the following is NOT an intangible element?


(A) Utility
(B) Public benefit
(C) Brand recognition
(D) Good will

10. Which from the following represents the correct project cycle?
(A) Planning→Initiating→Executing→Closing
(B) Planning→Executing→Initiating→Closing
(C) Initiating→Planning→Executing→Closing
(D) Initiating→Executing→Planning→Closing

11. The strategy used to correct resource over-allocations by balancing demand for
resources and the available supply is known as
(A) resource assignment
(B) resource leveling
(C) resource splitting
(D) resource scheduling
12. A horizontal bar chart that shows project tasks against a calendar is called
(A) milestone
(B) goal
(C) Gantt chart
(D) PERT chart

13. The statistical tool that depicts a project’s tasks and the relationships between
those tasks is known as
(A) milestone
(B) goal
(C) Gantt chart
(D) PERT chart

14. Which of the following statement(s) is/are true about a Project?


I. It brings change
II. It has risk
III. The outcome is certain
(A) I only
(B) II only
(C) I and II only
(D) I, II, and III

15. Which of the following is NOT a part of project management?


(A) initiating
(B) monitoring
(C) closing
(D) All above are parts

16. The scope of the work is defined in which phase of the project management?
(A) Initiating
(B) Planning
(C) Executing
(D) Closing

17. How the project work will be carried out, monitored, and controlled? These
questions are answered in which phase of the project management?
(A) Initiating
(B) Planning
(C) Executing
(D) Closing

18. The review of the successes and the mistakes is normally held during _____
phase.
(A) initiation
(B) planning
(C) execution
(D) closure
19. The business case and the justification for the project is determined during the
_____ phase.
(A) initiation
(B) planning
(C) execution
(D) closure

20. According to Olivier Mesly, the 4 P’s critical for the success of a project are:
(A) plan, processes, people, policy
(B) plan, processes, people, power
(C) plan, processes, potential, policy
(D) plan, processes, potential, power

Who among the following are less able to influence a project?


(A) Consultants
(B) Contractors
(C) Stakeholders
(D) Project team

A project charter does not include ____ of the project.


(A) scope
(B) objectives
(C) team
(D) all above are included

The return available by investing the capital elsewhere is known as


(A) profit rate
(B) discount rate
(C) opportunity cost
(D) return on investment
An investment should be accepted if its Net Present Value (NPV) is
(A) 0
(B) 1
(C) positive
(D) negative

Suppose an investment of $100 has grown to $110 in one year. What is


the return on investment?
(A) 0.1%
(B) 1.0%
(C) 10%
(D) none of these
The basic nature of a project is a/an _____ one.
(A) permanent
(B) temporary
(C) (A) or (B)
(D) Both (A) and (B)

Several upgradation tasks done in the same area by the same company
might best be managed as part of a/an
(A) portfolio
(B) program
(C) investment
(D) collaboration

Portfolio Management focuses on _____ goals.


(A) targeted
(B) long-term
(C) tangible
(D) intangible

Project Management focuses on _____ goals.


(A) targeted
(B) long-term
(C) tangible
(D) intangible
A program is a group of
(A) related projects
(B) unrelated projects
(C) A and B
(D) A or B
The leadership style where focus is on relationships and community rather
than exercising of power, is termed as
(A) laissez-faire
(B) interactional leadership
(C) servant leadership
(D) oligarchy
In the project management theory, balancing scope, schedule, and cost
goals is often termed as
(A) triangular dilemma
(B) triple constraint
(C) fundamental tradeoff
(D) project portfolio management

People participated in or affected by project activities are known as


(A) staff
(B) stakeholders
(C) project team
(D) project managers

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