Project Management Question Bank
for Exam preparation

Project Management- Q2. You have been given a task to find cost estimates for several projects, and your organization will submit its bid based on these estimates. The financial position of the organization is not very good; therefore, they tell you that they cannot invest more than 500,000 USD. They also give you a leeway of 10% on either side of it. This leeway is a part of:

1. Organizational process assets
2. Enterprise environmental factors
3. Threats
4. Opportunities

Project Management- Q3. Given multiple alternatives, the group decision method that allows the largest block in a group to decide (even if more than 50 percent of the members of the group do not support the decision) is:

1. Dictatorship
2. Plurality
3. Unanimity
4. Majority

Project Management- Q4. Costs incurred in one area of a project can offset costs in another area of the same project. However, it is not enough to consider only the costs of project execution when making project decisions. What other costs external to the project must also be considered?

1. Costs of conformance
2. Planning costs
3. Operating costs
4. Initiating costs

Project Management- Q5. Instead of celebrating the end of the project, the stakeholders are breathing a sigh of relief. None of them were confident the product would meet the end date. Which of the following is NOT one of the reasons this project had difficulty?

1. Lack of payback period
2. Lack of milestones
3. Lack of a communications management plan
4. Lack of a staffing management plan

Project Management- Q6. A number of teams are developing an enterprise system using the agile approach for product development. Which of the following is a major risk item for such a complex project being performed in an agile environment?

1. Number of interconnected dependencies between the features developed by different teams.
2. Number and size of teams developing the larger features.
3. Scope definition and freezing early during the planning phase.
4. Emphasis on schedule control over risk management.

Project Management- Q7. All of the following are results of adding to the risk register in the Plan Risk Responses process EXCEPT:

1. You are in control of the project as it progresses with few surprises
2. By managing the plan, you are able to avoid risks while mitigating the effects of others
3. The need for workarounds is minimized
4. The need for contingency reserves is minimized.

Project Management- Q8. To communicate with stakeholders on the resolved issues and the issues that are hard to resolve, you use an issue log in your project. Since you assign an owner for every issue and resolve it by working on it, your stakeholders actively support all your efforts in managing the project. This method of actively resolving issues and reducing risks to the project is known as:

1. Quality management
2. Scope Management
3. Communications management
4. Stakeholder management

Project Management- Q9. During a team meeting, the team has been arguing about the method of integration for over 20 minutes without getting anywhere. The project manager reschedules the issue for the next team meeting. This is an example of:

1. Compromising
2. Forcing
3. Smoothing
4. Withdrawal.

Project Management- Q10. The State of New York has contracted with your company to provide a claims payment system for Medicaid benefits. In the contract, a clause states that the State of New York can review your work processes and deliverables. This is an example of:

1. Performance Report
2. Record Management System
3. Deliverables Checklist
4. Inspections and Audits