Project Management Question Bank
for Exam preparation

Q2. A manager has responsibility for a project that has the support of a senior manager. From the beginning, you have disagreed with the manager as to how the project should proceed and what the deliverables should be. You and she have disagreed over many issues in the past. Your department has been tasked with providing some key work packages for the project. What should you do?

1. Provide the manager with what she needs
2. Inform your manager of your concerns to get her support
3. Sit down with the manager at the beginning of the project, attempt to describe why you object to the project, and discover a way to solve the problem
4. Ask to be removed from the project.

Q3. A hierarchical structure of project resources organized by category and resource type, used in planning, managing and controlling project work, is:

1. Team structure
2. Resource Pool
3. Organization Breakdown Structure
4. Resource Breakdown Structure

Q4. A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis with a fee of 10 percent of estimated costs. The estimated cost is US$50,000. If the project comes in at US$75,000 with no changes in project scope, what would be the total cost of the contract?

1. US$55,000
2. US$125,000
3. US$75,000
4. US$80,000

Q5. What would be the BEST explanation for the following: Both the cost variance and schedule variance are negative, but the cost variance is lower than the schedule variance.

1. The project underspent because all work was not completed, but overspent for work that was done.
2. The project overspent due to increased costs and yet completed some activities faster.
3. The project activities took longer than expected, but costs were lower.
4. The project underspent, because costs were lower than planned and activities were easier to complete than planned.

Q6. Which of the following is not an interpersonal skill that the project manager will use to manage stakeholders' expectations?

1. Active listening
2. Overcoming resistance to change
3. Punishment
4. Building trust

Q7. The sponsor of the project you are managing asks you to compress the schedule. Which of the following is CORRECT?

1. Crashing always shortens the timeline but often increases risk.
2. Fast tracking often results in rework, and crashing often results in increased cost
3. Crashing is only a viable alternative if earned value analysis indicates that the project is ahead of schedule and under budget
4. Fast tracking will result in less parallel activities than crashing the project

Q8. You just found out that a major subcontractor for our project consistently provides deliverables late. The subcontractor approaches you and asks you to continue accepting late deliverables in exchange for a decrease in project costs. This offer is an example of.

1. Confronting.
2. Compromise.
3. Smoothing.
4. Forcing.

Q9. During the status review with your stakeholders, one of the stakeholders told you that they were not asked for their opinion, and now they need a change in the product characteristics. This change may lead to a change in your cost and schedule baseline. Which of the following processes could have helped you prevent this issue?

1. Collect requirements
2. Control scope
3. Identify risks
4. Scope creep

Q10. If earned value (EV) = 35o, actual cost (AC) = 400, planned value ((PV) = 325, what is the cost variance (CV)?

1. 350
2. -75
3. 400
4. -50