Project Management Question Bank
for Exam preparation

Q2. During the Plan Risk Management process your team has come up with 434 risks and 16 major causes of those risks. The project is the last of a series of project which the team has worked on together. The sponsor is very supportive and a lot of time was invested in making sure he project was completed and signed off by all key stakeholders. During project planning, the team cannot come up with an effective way to mitigate or insure against a risk. It is not work that can be outsourced, nor can it be deleted. What would be the BEST solution?

1. Accept the risk.
2. Continue to investigate ways to mitigate the risk.
3. Look for ways to avoid the risk.
4. Look for ways to transfer the risk.

Q3. During a work breakdown structure meeting, you have decomposed the deliverables into work packages and created your WBS dictionary. However, you now want to decompose the work packages to assist you in estimating, executing, and controlling the project. These decomposed work packages are:

1. Work packages can't be decomposed into smaller units
2. Activities
3. Milestones
4. Control Accounts

Q4. Your company is purchasing the services of a consultant. You own stock in one of the consulting companies interested in the work. What should you do?

1. Work hard to get the consulting company selected for the project.
2. Tell your manager and remove yourself from the selection committee.
3. Tell the people from the consulting company that you hope they get the work.
4. Keep the information to yourself.

Q5. Which of the following BEST describes when a project baseline should be changed?

1. When a major delay occurs
2. When an official change is made
3. When a cost increase occurs
4. Changes should never be made to the baseline

Q6. A project manager analyzed the project’s communication requirements and decided that 10 out of the 30 stakeholders in the project would only need voicemail updates of certain information. This type of communication is:

1. Push communication
2. Pull communication
3. Interactive communication
4. On-demand communication

Q7. You are a project manager for Groceries ’R’ Us, a supermarket chain, and are currently working on a project to build a new outlet. The planned values (PV) for the foundation and the frame were $150,000 and $500,000. After five months, you do a performance measurement analysis. You are currently not ahead of schedule. The actual costs for the foundation and frame were $175,000 and $650,000. At this point, 100 percent of the foundation is complete, and only 80 percent of the frame is complete. Which value represents the cost performance index (CPI) to two decimal places at this point in the project?

1. 0.84
2. 1.5
3. 0.67
4. 1.19

Q8. A project manager is assigned to a new project and is supplied with a preselected team. What is the FIRST thing the project manager should find out about the team?

1. Each team member wants to get out of the project.
2. What each team member wants to get out of the project.
3. Each team member’s project archives
4. Each team member’s role in the project management plan.

Q9. Which of the following is a hierarchical representation of project risks?

1. Risk Register
2. Risk Mitigation
3. Risk Categories
4. Risk Breakdown Structure

Q10. The scope baseline provides a detailed description of project deliverables and their components that provide a basis for the measurement of changes from that baseline. In which process is the scope baseline developed?

1. Plan scope management
2. Create WBS
3. Collect requirement
4. Define scope