Project Management Question Bank
for Exam preparation

Q2. During the middle of the project, things have been going well. The work authorization system has allowed people to know when to start work and the issue log has helped keep track of the stakeholders’ needs. The benefit cost ratio has been improving and the sponsor has expressed his appreciation for the team members’ efforts by hosting a milestone party for the team. The project manager gets a call from a team member saying that the results from the completion of their activity’s predecessor is two days late. Which of the following reasons would BEST describe why this occurred?

1. The project manager was focusing on the sponsor’s needs.
2. Functional management was not included in the communications management plan.
3. The successor activities should have been watched, not the predecessors.
4. The right people were not invited to the milestone party.

Q3. A project manager creates a component-specific tool to verify that a set of required steps has been performed. This tool is called a:

1. Risk Register
2. Assumptions log
3. Checklist
4. Plan-Do-Act-Check

Q4. Which option is not representative of the inputs, tools and techniques, and outputs of the Direct and Manage Project Work process?

1. PMIS, Project Management Plan, and Deliverables
2. Deliverables, Approved Change Requests, and Project Management Information System
3. Approved Change Requests, Validated Changes, and PMIS
4. Approved Change Requests, Project Management Plan, and Work Performance Data

Q5. In a multi-phase project, the procurement team decided to close the procurements applicable to a particular phase of the project. What happens to unresolved claims?

1. Unresolved claims are usually resolved at the end of all phases of the project.
2. Unresolved claims are also closed when the procurements for that phase are closed.
3. Unresolved claims remain open for a period of one year from closure of procurements.
4. Unresolved claims may still be subject to litigation after closure.

Q6. A project is facing the following risks: 20 percent chance a part is not available, creating an additional fee of US $30,000; 10 percent chance the team requires additional training for a cost of US $12,000; 25 percent chance the second planned quality test costing US $8,000 is unnecessary. What is the expected monetary value of these risks?

1. $50,000
2. $5,200
3. $42,000
4. $7,200 86

Q7. Lee is the project manager of a project, and he is planning responses to a set of risks. As a direct result of implementing these risk responses, he anticipates certain other risks to arise. These are:

1. Secondary risks
2. Primary risks
3. Planned risks
4. Workaround

Q8. 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.

Q9. A project team is meeting to determine what the selection criteria will be for the project procurement. What procurement process are they in?

1. Plan Procurement Management
2. Conduct Procurements
3. Control Procurements
4. Close Procurements

Q10. You have estimated the cost of your project by calculating the cost of each activity, adding them together to get the cost of a work package, and then you adding together the cost of all work packages. What kind of estimate are you using here?

1. Top down
2. Bottom up
3. Parametric
4. Ball park estimate