Project Management Question Bank
for Exam preparation

Q2. 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.

Q3. During the risk qualification process, you have identified many risks with a low impact or probability of happening. How will you deal with these risks?

1. Ignore them
2. Analyze them further
3. Keep on the watch list
4. Plan a risk response for them

Q4. An obstacle to team building in a matrix organization is that the:

1. Team organization is technically focused
2. Team members are borrowed resources and can be hard to motivate.
3. Teams are too centralized
4. Teams are too large and therefore very hard to handle.

Q5. If you are working on a project with constantly changing scope, which type of contract would work best when hiring an outside vendor to complete a portion of the work?

1. Lump sum
2. Cost-reimbursable
3. Time and material
4. Fixed price

Q6. You are performing an audit of one of your project manager’s projects and notice that she did not consider the network diagram as part of the Identify Risks process. As a result, the project manager will probably do which of the following?

1. Forget some activities in he risk evaluation
2. Forget activity precedence in her risk evaluation
3. Forget some path convergence issues in her risk evaluation
4. Forget some stakeholders in her risk evaluation.

Q7. During risk planning, you encounter a risk that you find difficult to manage; therefore, you make small changes to your project management plan to eliminate the risk. Which risk response strategy are you using here?

1. Avoid
2. Mitigate
3. Accept
4. Exploit

Q8. The project management team has determined that there are some changes to the scope of the project. According to the PMBOK, who is responsible for reviewing, evaluating, and approving documented changes to the project?

1. Change Control Board (CCB)
2. Change Configuration Board (CCB)
3. Scope Control Board (SCB)
4. Configuration Control Board (CCB)

Q9. A change log is an important input to the Manage Stakeholder Engagement process. Which process provides this input?

1. Plan Communications Management
2. Manage Communications
3. Perform Integrated Change Control
4. Monitor Communications

Q10. The project manager on a large software installation project is working with her team on a critical set of activities. They are working late on Saturday night. Circumstances create the wherein the project manager must decide to change the schedule that will push the end date of the project out two weeks. What has MOST likely happened?

1. An emergency project change has taken place.
2. Scope creep has occurred
3. A status change to the implementation has taken place.
4. Risk assessment failure has taken place