C722 Project Management Practice Questions - Set 3 - Part 3

Test your knowledge of Project Management concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: Which task dependency type means the successor task cannot finish until the predecessor task is completed?

a) Finish-to-Start

b) Start-to-Start

c) Finish-to-Finish

d) Start-to-Finish

Question 42: What estimation technique is best suited for situations where a single, experienced person provides an estimate based on expertise?

a) Three-Point Estimating

b) Parametric Estimating

c) One-Point Estimating

d) Bottom-Up Estimating

Question 43: In which project phase are resources typically reallocated to other projects after completing their assignments?

a) Defining

b) Executing

c) Planning

d) Closing

Question 44: What is the purpose of a Stakeholder Analysis?

a) To allocate project resources

b) To monitor project costs

c) To identify and document stakeholder interests and influence

d) To calculate project budget

Question 45: Which project management approach uses iterative cycles for development and emphasizes customer feedback?

a) Waterfall

b) Agile

c) CPM (Critical Path Method)

d) PRINCE2

Question 46: What project document outlines the strategic benefits, costs, and reasons for initiating the project?

a) Project Charter

b) Risk Register

c) Project Scope

d) Work Breakdown Structure

Question 47: What type of project cost includes day-to-day expenses, such as utilities, that cannot be directly attributed to the project’s deliverables?

a) Direct Costs

b) Variable Costs

c) Overhead Costs

d) Fixed Costs

Question 48: What is the term for the process of evaluating and validating that project deliverables meet the required standards and specifications?

a) Quality Control

b) Quality Assurance

c) Risk Management

d) Project Scope

Question 49: Which document captures all potential risks, risk scores, response plans, and the individuals responsible for managing them?

a) Requirements Traceability Matrix

b) Project Charter

c) Risk Register

d) Resource Responsibility Matrix

Question 50: What is a Stakeholder Management Plan primarily used for in a project?

a) To define task dependencies

b) To track project resources

c) To outline strategies for engaging stakeholders

d) To allocate project costs

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