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Q:

Which of the following is usually not considered a goal of portfolio management?

A) To manage the effective and efficient use of resources.	B) To balance the portfolio among incremental and radical investments.
C) To maximize the value of the portfolio by careful examination of candidate projects and exclusion of those no meeting strategic objectives.	D) To ensure that the relationship between projects in the portfolio clearly reflects strategic objectives.

Answer & Explanation Answer: D) To ensure that the relationship between projects in the portfolio clearly reflects strategic objectives.

Explanation:

There is not necessarily a relationship between projects in a portfolio. Answer D is actually one of the goals of PROGRAM management. PMBOK Guide [1.4]

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Q:

Integration is primarily concerned with

A) ensuring that the time, scope and cost baselines are consistent with an acceptable quality standard and with the customer’s expectations.	B) getting people working together effectively toward common project goals through appropriate training, management and leadership.
C) effectively integrating the processes among the project management process groups that are required to accomplish project objectives with an organization’s defined procedures.	D) ensuring that all the tools and techniques of the various planning processes are appropriately scaled to the complexity and risk exposure of the project.

Answer & Explanation Answer: C) effectively integrating the processes among the project management process groups that are required to accomplish project objectives with an organization’s defined procedures.

Explanation:

Answers A, B and D all result from effectively integrating the work of the project management process groups. PMBOK [4.0]

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Q:

Three partners shared the profit in a business in the ratio 4:6:8. They had partnered for 12 months, 8 months and 6 months respectively. What was the ratio of their investments?

A) 4:6:8	B) 4:7:8
C) 4:8:16	D) 4:9:16

Answer & Explanation Answer: D) 4:9:16

Explanation:

Let their investments be Rs. x for 12 months, Rs. y for 8 months and Rs. z for 6 months respectively.

Then, 12x : 8y : 6z = 4 : 6 : 8

Now, 12x/8y = 4/6 <=> 9x=4y <=> y=9x/4

And, 12x/6z = 4/8 <=> 4x=z <=> z=4x

Therefore, x : y: z = x : 9x/4: 4x = 4 : 9 : 16

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Q:

A statistical method for identifying which factors may influence specific variables of a product or process under development or in production is called

A) cost benefit analysis.	B) sensitivity analysis.
C) cost of quality analysis.	D) design of experiments.

Answer & Explanation Answer: D) design of experiments.

Explanation:

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Q:

The project manager meets with the project team to review lessons learned from previous projects. In what activity is the team involved?

A) Performance management	B) Scope identification
C) Risk identification	D) Project team status meeting

Answer & Explanation Answer: C) Risk identification

Explanation:

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Q:

The project manager develops a process improvement plan to encourage continuous process improvement during the life of the project. Which of the following is a valid tool or technique to assist the project manager to assure the success of the process improvement plan?

A) Change control system	B) Process analysis
C) Benchmarking	D) Configuration management system

Answer & Explanation Answer: B) Process analysis

Explanation:

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Q:

An accepted deadline for a project approaches. However, the project manager realizes only 75% percent of the work has been completed. The project manager then issues a change request. What should the change request authorize?

A) Additional resources using the contingency fund	B) Escalation approval to use contingency funding
C) Team overtime to meet schedule	D) Corrective action based on causes

Answer & Explanation Answer: D) Corrective action based on causes

Explanation:

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Q:

Describe your ideal job?

Answer

Describe your ideal job?

You should use this question to relate to the post you applied and give them the feel that this is close to your ideal job. So align your wonderful ideal job reasons to the responsibilities of the job posting.

This is a question that you can use to add some humor or do a icebreaker like just joking that your ideal job is to work in a space station or would like to work in Hollywood but after a quick laugh give a realistic answer like my ideal job is where i get more responsibilities, enhance my skills and grow, and of-course you can add saying you would like to be part of a team where work is fun. If you want to go further, You might add at the end you heard good things about the work environment in the interviewing company.

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Subject: Common Interview

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