Project Management Question Bank
for Exam preparation

Q2. Which of the following is a TRUE statement about a risk rating matrix?

1. It should be changed for every product
2. It should never be used on a large project
3. It should be standardized between projects
4. It should be developed by the project manager.

Q3. Linda has been assigned to establish a PMO in her organization. Linda believes this project cannot succeed unless all the key project stakeholders support the project. She also believes she needs to pay special attention to stakeholder management to ensure success of this project. First, she needs to develop her stakeholder register. To produce the project stakeholder register, which of the following processes must Linda start?

1. Plan Stakeholder Engagement
2. Monitor Stakeholder Engagement
3. Manage Stakeholder Engagement
4. Identify Stakeholders

Q4. Which of the following stakeholder groups, especially if the size of the group is large, is ideal for the success of the project?

1. Supportive stakeholders
2. Leading stakeholders
3. Neutral stakeholders
4. Unaware stakeholders

Q5. Which of the following is an output of the collect requirements process?

1. Scope management plan
2. Requirements management plan
3. Requirements risk breakdown
4. Requirements traceability matrix 7

Q6. Your employee is three days late with a report. She walks into a meeting where the report is to be discussed and hands you a copy five minutes before the topic is to be discussed. You noticed some serous errors in the report. How could this have been prevented?

1. Require periodic updates from the employee.
2. Coach and mentor the employee.
3. Make sure the employee was competent to do the work.
4. Cancel the meeting earlier because you did not have a chance to review the reports.

Q7. The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work the project team will execute to accomplish the project objectives and create required deliverables. The Create WBS process falls under which knowledge area?

1. Project Schedule Management
2. Project Integration Management
3. Project Scope Management
4. Project Cost Management

Q8. You have signed a multi-year contract with a customer to complete a project for a fixed price. Since the duration of the contract is long, you have added a provision to adjust the price of the contract according to the market inflation. What kind of contract is this?

1. FPIF
2. FP-EPA
3. Time and material
4. CPIF

Q9. The client demands changes to the product specification that will add only two weeks to the critical path. Which of the following is the BEST thing for the project manager to do?

1. Compress the schedule to recover the two weeks
2. Cut scope to recover the two weeks
3. Consult with the sponsor about options
4. Advise the client of the impact of the change

Q10. What is the BEST technique to ensure the project work is really complete?

1. Final performance reporting
2. Procurement audits
3. Archive records
4. Formal acceptance