Daily Q&A Exercise

Date: 2nd March 2024

Random 10 Questions:

Question - 1

Q. You are observing a chart which has a line drawn between the X and Y axis. The X-axis shows the
time and Y-axis shows the data points. What kind of information can you find here?

(a) Pattern and trends in a row of data points

(b) Standard deviation

(c) Variance

(d) All of above

Question - 2

Your project team is located in different locations. Your schedule is delayed and you’re facing many
issues. Which of the following is the best solution to this problem?

(a) Give training to team members

(b) Warn them to improve performance

(c) Co-locate them

(d) Review the project management plan

Question - 3

Q. You publish some informative notes on the company’s web portal and ask stakeholders to review
it. What kind of communication method is this?

(a) Pull

(b) Push

(c) Interactive

(d) None of the above

Question - 4

Q. You have developed a risk response plan which says if the trigger occurs, the risk response owner
asks the risk action owner to implement the plan and update him with the result. What is the trigger
condition in risk management?

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 Daily Q&A Exercise

(a) A warning sign that an identified risk is about to occur

(b) A warning sign that an unknown risk is about to occur

(c) An unknown risk has occurred

(d) None of the above

Question - 5

Q. You are reviewing seller-prepared documents and quality audits are conducted during the seller’s
execution of the work with an objective to identify performance success and failure. What process is
this?

(a) Conduct Procurement

(b) Control Procurement

(c) Close Procurement

(d) Verify Scope

Question - 6

Q. John is a stakeholder of your project and is known for creating problems. During the project
execution, you noticed that he started creating problems with your project and you are afraid that if
this issue is not solved, it will affect your project. So, to avoid this situation, which of the following
should you do?

(a) Fire him immediately

(b) Inform management

(c) Talk to him privately to find the cause

(d) Humiliate him in front of others

Question - 7

Q. Alice is a new team member in your project and she does not have much experience. As the
project is big and involves many governmental departments, you ask Alice to pay more attention to
some standards and regulations. Which of the following statements is true about the standards and
regulations?

(a) Standards are mandatory, and regulations are optional

(b) Both are mandatory

(c) Both are optional

(d) Standards are guidance, while regulations are mandatory

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Question - 8

Q. Your project has successfully completed; the deliverable is handed over to the client, and you are
in the close phase or project process. Which of the following activities will you not perform in the
close phase or project process?

(a) Update lessons learned

(b) Release the resources

(c) Acceptance of deliverables

(d) All of the above

Question - 9

Q. You are sitting in a group discussion with 13 stakeholders and collecting ideas. Now you are in the
final stage and are selecting the final idea. As there are many ideas, you decide to vote. After voting
you see that a particular idea receives 7 votes, so you go with that option. What kind of decision
making is this?

(a) Unanimity

(b) Majority

(c) Plurality

(d) Dictatorship

Question - 10

Q. You have been given a task to estimate a budget for your project. You are using a bottom up cost
estimation technique to calculate the cost of each activity. Management told you that the
management reserve will be 6% of the cost baseline. Which of the following represents the
budgeted cost of the project?

(a) Cost Baseline + Management Reserve

(b) Cost Baseline + Contingency Reserve

(c) Contingency Reserve + Management Reserve

(d) None of the above

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