Project Management MCQ Set 4

Explore this diverse selection of multiple-choice questions (MCQs) designed for various examinations. Project Management MCQ Set 4 focuses on essential aspects of the subject, ensuring comprehensive preparation across different categories and fields of study to enhance your knowledge and readiness. The right answers for each question is provided next to respective questions for your convenience, you can either attend the test or dirtectly access the right answers by clicking the show correct answer button.

Each correct answer earns 1 mark, while each incorrect answer deducts 0.3 marks.

1. In Agile project management, what is a 'scrum'?

A. A framework for managing work on complex products

B. A type of project risk

C. A project management software

D. A financial report

2. What is the purpose of a project stakeholder register?

A. To identify and document all project stakeholders and their interests

B. To manage project risks

C. To create the project schedule

D. To track project costs

3. What does 'EV' stand for in Earned Value Management?

A. Earned Value

B. Estimated Value

C. Evaluation Value

D. Expected Value

4. In project management, what is 'scope baseline'?

A. The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary

B. A list of project risks

C. A detailed project schedule

D. A communication plan

5. What is the main focus of project cost management?

A. Planning and controlling the project budget

B. Managing project risks

C. Tracking project schedules

D. Ensuring project quality

6. What is a project schedule?

A. A timeline that outlines the start and finish dates of project tasks

B. A list of project risks

C. A budget report

D. A stakeholder register

7. What is the purpose of a project risk management plan?

A. To identify, assess, and plan responses to project risks

B. To track project schedules

C. To create the project budget

D. To manage stakeholder communication

8. What does 'PMP' stand for?

A. Project Management Professional

B. Project Management Plan

C. Project Management Process

D. Project Management Program

9. What is a key benefit of using project management software?

A. Improved project tracking and communication

B. Increased project costs

C. Extended project timelines

D. Reduced stakeholder involvement

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