Project Management Question Bank
for Exam preparation

Q2. A cost performance plan contains a description of:

1. The project costs.
2. How resources are allocated.
3. The budgets and how they were calculated.
4. The WBS level at which earned value will be calculated.

Q3. Which of the following is an important input to the Validate Scope process?

1. Validated deliverables
2. Organizational process assets
3. Accepted deliverables
4. Change requests

Q4. A new testing center is going to be constructed over the next two years. The project sponsor and project manager have been identified and high-level estimates begun. It is expected that the project can be completed within budget and on schedule. The only difficulty is in acquiring the number of resources with the correct expertise to complete the work. Under these circumstances, the project manager should spend more time creating a:

1. Risk analysis
2. Responsibility assignment matrix
3. Responsibility chart
4. Resource-limited schedule

Q5. Which of the following is a KEY way to improve activity cost estimates?

1. Use historical data.
2. Let management create the management reserve and the activity cost estimate.
3. Base activity estimates on the upper and lower control limits.
4. Let the project manager create the activity cost estimate.

Q6. You have completed your estimates for your project and have determined that it will take 10 months to complete. However, your project sponsor insists that it be completed in nine months. How do you handle this?

1. Increase the budget by 10 percent
2. Inform the sponsor you will have to explore the options before committing to that timeline
3. Reduce scope
4. Add resources

Q7. Early in the project, you are meeting with your team and would like to address all the strengths, weaknesses, opportunities, and threats the project is facing. What tool should be used?

1. SWOT Analysis
2. Interviewing
3. Delphi Technique
4. Brainstorming

Q8. You are the project manager for a large installation project when you realize there are over 200 potential stakeholders on the project. Which of the following would be the BEST course of action for you to take?

1. Eliminate some stakeholders.
2. Find an effective way to gather the needs of all stakeholders.
3. Contact your manager, and ask which stakeholders are most important.
4. Gather the needs of all the most influential stakeholders.

Q9. You just found out that a major subcontractor for our project consistently provides deliverables late. The subcontractor approaches you and asks you to continue accepting late deliverables in exchange for a decrease in project costs. This offer is an example of.

1. Confronting.
2. Compromise.
3. Smoothing.
4. Forcing.

Q10. Lesley is managing a software development project for the World Climate Control Organization. Since her team members are dispersed across the globe, she would like to set up online conferences in the next two months to let everyone in her project know what is going on and what their roles are within the project. She wants to use these conferences as team development activities to learn and exchange information in the project. To schedule such activities, which of the following should she use to keep track of the availability of team members?

1. Project charter
2. Resource calendars
3. Responsibility assignment matrix
4. Project staff assignments