Project Management Question Bank
for Exam preparation

Q2. It is not practical, and usually not necessary, to engage with all stakeholders with the same level of intensity at all times. A project manager must prioritize stakeholders depending upon on who they are, what level of influence they have on the project, and what their interests are. Which of the following techniques helps in stakeholder prioritization?

1. Stakeholder engagement matrix
2. Stakeholder register
3. Stakeholder classification models
4. Resource histograms

Q3. If earned value (EV) is US $300,000, actual cost (AC) is US $350,000, and planned value (PV) is US $375,000, what does the schedule performance index (SPI) indicate?

1. You are only progressing at 86 percent of the rate originally planned.
2. You are progressing at 125 percent of the rate originally planned.
3. You are progressing at 116 percent of the rate originally planned.
4. You are only progressing at 80 percent of the rate originally planned.

Q4. Nancy’s project has a large number of key positive and negative stakeholders. To ensure the project’s success, it is essential to manage the influential negative stakeholders closely. Do the key positive stakeholders need to be managed, too?

1. No; more attention needs to be given to the key negative stakeholders.
2. The positive stakeholders need to be closely managed, as well, since stakeholders’ needs and expectations change over time.
3. Project stakeholders should not be classified as positive and negative stakeholders.
4. Yes; positive stakeholders should be more closely managed than the negative stakeholders.

Q5. A project manager asked various stakeholders to determine the probability and impact of a number of risks. He then analyzed assumptions. He is about to move to the next step of risk management. Based on this information, what has the project manager forgotten to do?

1. Evaluate tends in risk analysis.
2. Identify triggers.
3. Provide a standardized risk rating matrix.
4. Create a fallback plan.

Q6. The WBS represents all product and project work. The total work at the lowest levels should roll up to the higher levels so that nothing is left out and no extra work is performed. This principle is also the:

1. 100 percent rule
2. 80/20 rule
3. Pareto's rule
4. Ground rule

Q7. You have identified a risk that at a certain point in your project you may need extra quantities of a consumable which you thought of earlier. The chance of this event occurring is 20% and if it occurs it will cost you 150 USD. So, you develop a contingency plan for this risk and assign a risk owner. What kind of risk response strategy is this?

1. Transfer
2. Avoid
3. Mitigation
4. Accept

Q8. A project team member has been having a big disagreement with another team member for over two months when the other team members become involved. The issues are complex, but you have specific experience in the area and know what needs to be done. The BEST choice would be to:

1. Make the decision yourself
2. Strive for fair resolution of the issue
3. Ask the other team members to stay out of the issue
4. Bring the team together and work out the issue to a win-win solution.

Q9. You are a certified PMP, and the PMI has contacted you as part of an investigation it is conducting into allegations of improper conduct by your manager, who is also a PMP. A complaint has been filed stating your manager has received bribes related to a large procurement contract on another project. PMI has asked whether you could provide information regarding this situation. What should you do?

1. Confront your manager
2. Send PMI project documentation and emails related to the allegations to assist with their investigation
3. Notify the appropriate management immediately
4. Do nothing, citing a conflict of interest

Q10. Product verification is different than scope verification in that product verification:

1. Occurs during the executing process group
2. Verifies that the correct products have been used
3. Obtains customer sign-off
4. Makes sure all work is completed satisfactorily.