Project Management Question Bank
for Exam preparation

Q2. Which of the following represents the estimated value of the work actually accomplished?

1. Earned value (EV)
2. Planned value (PV)
3. Actual cost (AC)
4. Cost variance (CV)

Q3. Which of the following scenarios is likely to occur in a project?

1. Cost and staffing levels are low at the start of the project.
2. Stakeholders' influence on the project is lowest at the start of the project.
3. Risk and uncertainty are lowest at the start of the project.
4. Cost of changes are the highest at the start of the project.

Q4. The most detailed level of the WBS is the _______________ .

1. Control Account
2. Work package
3. Scope statement
4. Accepted Deliverable

Q5. 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

Q6. You are working on a big project and team members are located in different geographic locations. Your team has encountered some issues while communicating. During phone calls, some voices get lost and members also face difficulties in understanding the problems. So, you decide to find a better communication method to discuss issues. Which of the following is the most effective communication method?

1. Intranet site
2. Email
3. Fax
4. Video conferencing

Q7. A person is writing a document identifying the business need for a project and is including a description of the product is created by the project. She includes a list of stakeholders and pre-assigned resources. What is the role of this person on the project?

1. The project manager for the project or a company functional manager
2. A member of the project management team working at the direction of the project manager
3. The sponsor or the project manager
4. A manager or executive in the organization who is higher in the corporate hierarchy than the project manager.

Q8. The project manager is working on a high-profile project where completing the project within budget is critical. The project manager is new, but well trained and is excited to see that the project is spending less than budgeted. As a result, the project manager was planning to take a holiday when a more senior project manager warned him that he has some important work to do on the project. Why would the senior project manager give such a warning on this project?

1. The project manager needs to create a project control system to make sure there are no problems in the future.
2. Under budget could mean that work that was scheduled to e done has not been completed. The project manager should look at how the cost performance compares to the schedule performance
3. A project that is under budget may also have contracts that need to be managed.
4. Team meetings should be scheduled every week and a holiday would mean that one team meeting would have to be cancelled.

Q9. Stakeholder identification is a continuous process. Which of the following statements about stakeholders is incorrect?

1. Positive stakeholders benefit from the outcome of a project.
2. A project manager needs to focus on the positive stakeholders since their needs are best served by the project.
3. Overlooking negative stakeholders can result in an increased likelihood of failure.
4. Stakeholders can have conflicting or differing objectives.

Q10. Which of motivational theory use the concept of Theory X?

1. Maslow
2. Deming
3. McGregor
4. Herzberg