Project Management Question Bank
for Exam preparation

Q2. The client has given you a project to build a research center for him. You have met with all stakeholders, noted down their requirements, and you are now deciding which requirements should be included in the project and which should not. What process is this?

1. Identify stakeholders
2. Collect requirements
3. Define scope
4. Define requirements

Q3. You are constructing an office building. The cost of this project is 200,000 USD, and the duration of the project is 8 months. During the performance review in the sixth month, you find that 65% of the work is completed and the cost performance index is 1.3. The Planned Value (PV) will be:

1. 150,000 USD
2. 130,000 USD
3. 70,000 USD
4. 266,666 USD

Q4. A project has suffered many delays and the project manager has moved resources around, spent more time with risk management, and even fast tracked the project where possible. The project must be completed by its original agreed-to date, as resources are needed for another project at that time. The project manager is about to meet with the customer to tell them that product scope needs to be cut when you stop him. What would you advise him to do?

1. Cut quality before cutting scope
2. Move resources from a noncritical path to a critical path
3. Work overtime
4. Re-evaluate the project’s business case.

Q5. You have identified a risk that your work might be affected due to an equipment malfunction. Which of the following risk response strategies will you use to contain this risk?

1. Exploit
2. Enhance
3. Mitigate
4. None of the above

Q6. The stakeholder engagement plan is a subsidiary plan of the project management plan. It includes the strategies required to effectively engage project stakeholders. An ineffective stakeholder engagement strategy can lead to project failure. The stakeholder engagement plan:

1. Must be formal and highly detailed
2. Must be formal but broadly framed
3. Can be formal or informal but must be highly detailed
4. Can be formal or informal, highly detailed or broadly framed

Q7. As a project manager, you are responsible for determining and delivering the required levels of both grade and quality. Select which of the following statements you disagree with.

1. Grade relates to the product's characteristics.
2. Grade relates to the customer requirements.
3. Quality relates to the customer requirements.
4. Quality and grade of a product must be carefully managed.

Q8. For projects where a business analyst collaborates with the project managers in managing the project scope, which of the following task is most likely to be performed by the business analyst?

1. Acquire project resources
2. Monitor the change control process
3. Elicit, document, and manage stakeholder requirements
4. Control project costs

Q9. While evaluating the bar chart, the project manager determines that the project is behind schedule. What should she do?

1. Obtain approval from the customer to slip the project.
2. Report findings to management
3. Evaluate the alternatives with the team
4. Evaluate the alternatives with the customer

Q10. This project is chartered to determine new ways to extend the product life of one of the company’s medium-producing products. The project manager comes from the engineering department and the team comes from product management and marketing departments. The project scope statement and project planning are completed when a stakeholder notifies the team that there is a better way to complete one of the work packages. They even supply a technical review letter from their department proving that the new way to complete the work package will actually be faster than the old way. The project manager has had similar experiences with this department on other projects, and was expecting this to happen on this project. What is the FIRST thing the project manager should do?

1. Contact the department and complain again about their missing the deadline for submission of scope.
2. Look for how this schedule change will impact the cost to complete the work package and the quality of the product of the work package.
3. See if there is a way to change from a matrix environment to a functional organization so as to eliminate all the interference from other departments.
4. Ask the department if they have no other changes.