COM Project Management Fundamentals 2 — Questions and Answers
Question 1: A project manager discovers that a key deliverable will be delayed by two weeks due to a supplier issue. Which document should be updated first?
- Project charter
- Risk register
- Project schedule baseline (Correct answer)
- Stakeholder register
Correct answer: Project schedule baseline
The project schedule baseline must be updated through formal change control to reflect the impact of the delay on project timelines.
Question 2: What is the primary purpose of a Work Breakdown Structure (WBS)?
- To assign costs to project activities
- To decompose project scope into manageable work packages (Correct answer)
- To identify project risks
- To schedule project milestones
Correct answer: To decompose project scope into manageable work packages
A WBS decomposes the total project scope into smaller, manageable components called work packages.
Question 3: During project execution, a team member raises a concern about a process that could affect product quality. What should the project manager do first?
- Escalate immediately to the sponsor
- Log the issue and assess its impact (Correct answer)
- Ignore it if it is not in the risk register
- Reassign the team member to another task
Correct answer: Log the issue and assess its impact
The project manager should document the concern in the issue log and evaluate its potential impact before taking further action.
Question 4: Which estimating technique uses historical data from similar past projects to estimate costs or durations?
- Bottom-up estimating
- Parametric estimating
- Analogous estimating (Correct answer)
- Three-point estimating
Correct answer: Analogous estimating
Analogous estimating relies on actual data from previous similar projects as the basis for estimating the current project.
Question 5: A project is 50% complete and has spent $60,000 against a budget of $100,000. The planned value at this point is $50,000. What does this indicate?
- The project is on budget
- The project is over budget (Correct answer)
- The project is under budget
- The project is ahead of schedule
Correct answer: The project is over budget
With an earned value of $50,000 and actual cost of $60,000, the cost variance is negative, meaning the project is over budget.
Question 6: Which conflict resolution technique is considered most effective for long-term resolution in project teams?
- Smoothing
- Forcing
- Collaborating (problem solving) (Correct answer)
- Avoiding
Correct answer: Collaborating (problem solving)
Collaborating addresses the root cause of the conflict by working together toward a mutually acceptable solution, making it most effective long-term.
Question 7: What is the critical path in a project network diagram?
- The path with the highest risk activities
- The shortest path through the project network
- The longest path determining the minimum project duration (Correct answer)
- The path with the most expensive tasks
Correct answer: The longest path determining the minimum project duration
The critical path is the longest sequence of dependent activities that determines the earliest possible project completion date.
A project manager discovers that a key deliverable will be delayed by two weeks due to a supplier issue.
Which document should be updated first?