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Sample Questions For MGT 2301 - Chur 2020

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MODULE TITLE: FUNDAMENTALS OF PROJECT MANAGEMENT

Module Code: MGT 2301


Level: 4
Semester: 3
Credits: 15

Lecturer: UMI Pascal


Tel: 0788353297
Email: unpascali@gmail.com

REVIEW QUESTIONS
I. SECTION ONE
Choose the best answer per question:
1. What is a common result of poor project planning?
a) Wasted effort
b) Lost time
c) Increased cost
d) All of the above

2. You are a project manager newly assigned to a large project for your organization. The project charter
has been signed, and the stakeholders have been identified. What should you do next?
a) Ask appropriate team members to submit WBS input
b) Initiate the scope planning process
c) Start the develop project management plan process
d) Begin the activity definition process

3. As project manager, you are about to start the define scope process. You have the project charter and
the organizational process assets list. Because there are no change requests in your project at this point,
what must you have before you begin?
a) Product analysis
b) Requirements documentation
c) Updates to project documents
d) WBS

4. A project manager is leading a project to investigate the feasibility of constructing a dam to generate
hydroelectric power. The project needs to be analyzed from technical, economic, and social points of
view. The project manager has created the project charter on behalf of the project sponsor, and it is now
approved. Which of the following processes should be performed next?
a) Develop Project Management Plan
b) Identify Risks
c) Identify Stakeholders
d) Develop Project Charter

5. You are managing a software upgrade project for your company. Your project sponsor has a great deal
of authority regarding project decisions, but you recently discovered that he doesn't have much interest
in your project. To complete the project successfully, you need your project sponsor's continuous
support. What stakeholder management strategy should you use with your project sponsor?
a) Keep the sponsor satisfied
b) Manage the sponsor closely
c) Monitor the sponsor's actions
d) Keep the sponsor informed

6. You are a project manager for a new product development project that is in the planning stages. Your
project team has just finished creating the activities list and is now in the process of identifying and
documenting relationships among the project activities. While meeting with your project team, you
notice that a series of activities can be done in parallel but must finish in a specific sequence. Your team
is debating which type of activity sequencing method to use. What would you tell them?
a) Activities diagramming method
b) Precedence diagramming method
c) Project schedule network diagram
d) Critical path method

7. You are working with your team on estimating how much time each activity will take. One of the
documents you are using contains information on categories of labor, material, and equipment required
to complete your project. You are also interested to see skill levels of your labor, any certifications
required, and grade levels of your supplies. Which of the following documents would you primarily
refer to for this purpose?
a) Resource breakdown structure
b) Organizational breakdown structure
c) Work breakdown structure
d) Risk breakdown structure
8. During an inspection of a project deliverable, the team detects the same defect in the deliverable that
has already been identified during a previous inspection. The project manager is confused how this
could have happened since a change request was approved to correct the defect. After discussing the
issue with the team, the project manager learns that the team never implemented the approved change
request. What could have helped prevent this situation?

a) Holding an approved change requests review


b) Conducting a retrospective meeting
c) Performing a root cause analysis
d) Creating a quality report
9. You are a project manager for a national consumer goods retailer. Currently, you are about to start the
development of the assumption log for a project to build a new retail store. What should you do first?

a) Examine the project management plan


b) Start the Identify Stakeholders process as the assumption log is an output of this process
c) Review the project scope statement
d) Read the project business case
10. You are managing a project to update the packaging and digital media for a popular snack food to
promote a charity fundraiser. The project is well underway, and you are currently actively collecting
and storing information about each deliverable team's progress, creating forecasts for your sponsor,
distributing work performance reports and planning presentations to key stakeholders, and verifying
delivery. Which process are you performing?

a) Manage Communications
b) Monitor Communications
c) Manage Stakeholder Engagement
d) Plan Communications Management
11. The project you have been managing for several years is now moving towards completion. Some of the
project deliverables have been contracted to vendors. You begin to close the project and want to make
sure all activities necessary for project closure are properly completed. Which of the following activities
would you not perform as part of this process?

a) Reviewing the project exit criteria


b) Measuring stakeholders' satisfaction
c) Ensuring all costs are charged to the project
d) Closing procurements with vendors
12. A previously unknown risk surfaces on a project and creates an issue that is estimated to cost $10,000.
The project manager submits a change request to adjust the schedule baseline and uses the already
approved contingency reserves to address the cost. What did the project manager do wrong?

a) The project manager should not have submitted the change request since the risk was
unknown.
b) The project manager did not account for all possible risks during project planning.
c) The project manager should not have included the schedule baseline in the change request.
d) The project manager used contingency reserves instead of management reserves.

13. You have recently been assigned to lead a project that is halfway into execution. The project has many
stakeholders, and you are trying to determine how to engage them effectively. Which of the following
will best help you in this effort?

a) Project management plan


b) Project approval
c) Work performance reports
d) Procurement documents
14. As a project manager, you are in the process of establishing a knowledge management system for your
project. Which of the following actions will be the least beneficial in this process?

a) A review of the lesson learned register


b) Reading the requirements documentation
c) An examination of the resource breakdown structure
d) Studying the project team assignments

15. You are managing the development of a new blood pressure cuff for a customer who provided you with
the objectives and description of the cuff. You and your team are decomposing the customer's high-
level requirements to the level of detail needed to design the blood pressure cuff and therefore define
the scope of the product. In what activity are you involved?

a. Technical performance analysis


b. Create Work Breakdown Structure
c. Define Activities
d. Product analysis

16. A project manager is conducting the initial process of identifying stakeholders for a new infrastructure
development project. The project manager has just compiled a list of potential stakeholders' names.
What should the project manager do next?

a) Invite the identified stakeholders to the project kick-off meeting


b) Conduct stakeholder analysis
c) Complete the Project Stakeholder Management process
d) Develop the stakeholder engagement plan

17. You are leading a project to develop a new web application. Together with your project team you
reprioritize the product backlog, determine velocity for the past iterations, and adapt your work plans
accordingly. Additionally, you facilitate retrospectives every two weeks. Which of the following
processes describes the work you are performing?

a) Monitor Risks
b) Manage Quality
c) Control Schedule
d) Develop Schedule
18. During a recession, a project manager posts a positive risk that in the current economic environment,
cheaper resources may become available. On the way into work, the project manager hears about a
competitor going out of business and contacts the competitor to acquire some equipment, materials,
and supplies at a fraction of their normal value. What is the project manager doing?

a) Executing a mitigation plan


b) Reacting to a contingency plan trigger
c) Transferring an identified risk
d) Sharing a realized positive risk
19. A project manager is identifying stakeholders for a new product development project. Which of the
following activities is the project manager least likely to perform in the creation of the stakeholder
register?

a) Assess any available project documentation and lessons learned from past projects
b) Perform stakeholder analysis to develop a list of stakeholders with relevant information
c) Submit a change request to update the stakeholder engagement plan
d) Categorize the stakeholders' stakes including interest, rights, ownership, and contribution

20. Your company was recently awarded a software development project, and you have just completed the
scope management plan. The sponsor reviews the plan and states that the client specified the use of
Scrum, while the plan indicates a waterfall approach. Which component of the project management
plan did you most likely overlook while developing the scope management plan?

a. Project life cycle description


b. Development Approach
c. Requirements management plan
d. The contract with the client

II. SECTION TWO


21. The following table is an activity list that includes the duration and predecessor for a series of project
activities.
a) Draw the diagram of project activities (see diagram below)
b) What is the duration of the critical path? (14 months)

Activity Duration Predecessor


A 2 months START
B 4 months A,E
C 6 months A
D 3 months B,C
E 7 months START
F 2 months E
END - D,F
22. Describe various techniques of project appraisal?

23. What are the phases of project management?

24. What is the project goal? What is its significance?

25. What is a project scope statement?

26. What is the difference between project planning and scheduling?

27. What defines the role of a good project manager?

28. The common technique used in project planning, scheduling and monitoring is PERT or CPM. Discuss
about each of their techniques.

29. What is SWOT Analysis?

30. What qualities are required to be an effective project manager?

31. What do you mean by project documentation?

32. What are the objectives of monitoring and controlling?

33. Discuss life cycle of project planning and control

34. Define the project management life cycle and clearly describe its functionalities

35. What’s the role and elements of E-business project?

36. Discuss the parameters of the projct

Success!
“Success provides a veritable arsenal of miracle solutions to increase
your productivity and minimize your stress. This will help you lower your internal
pressure cooker, eliminate the friction of any relationship and get more job satisfaction
than ever while building a level of calm and confidence that you have never experienced before”

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