Project Management Question Bank
for Exam preparation

Q2. Which technique is NOT commonly used to align the timing of activities with available resources?

1. Critical Path Method
2. Resource Leveling
3. Resource optimization
4. Resource Smoothing

Q3. You have joined a new organization and are assigned a project. This is a new type of project but the organization has completed many similar projects in the past. You decide to review the lessons learned from past projects. You go to the archives and ask for the lessons learned from past projects. Lessons learned is a part of which of the following?

1. Organizational process assets
2. Enterprise environment factor
3. Project management plan
4. Project archive

Q4. You are in the executing process group of a major project with an estimated cost of US $22 million. Two team members are having a disagreement over the potential sellers of a project, and the project manager has offered to help. The project manager suggests a compromise, and the team members want to solve the problem. Who should decide on the BEST course of action?

1. Management
2. Team member
3. Project manager
4. Customer

Q5. You are the Project Manager for JT's Lumber Yard. You are trying to forecast estimates for the final phase of the project you are currently working on. Based on the performance of the project to date, which formula can be used to estimate the total value of the project when completed, assuming similar variances will not occur?

1. ETC = (BAC - EV)/CPI
2. SV = EV - PV
3. CPI = EV/AC
4. EAC = AC + BAC - EV

Q6. If a project manager believes that a particular subcontract needs to be terminated, which of the following can provide guidance on the contract termination procedure?

1. The contract termination procedures in the organizational process assets
2. The termination clause of the specific subcontract
3. The change control procedures in the project management plan
4. The contract termination procedures in the project procurements management plan

Q7. A project has a payback period of nine months. What does this mean?

1. It will take the project nine months to start incurring costs
2. The project will be complete in nine months
3. The first nine months of the project will provide profit to the company
4. It will take the project nine months to cover the investment and start generating revenue

Q8. As the project manager, you are considering tools and techniques to help control changes to the project schedule. Which of the following would be acceptable options?

1. An online system that routes change requests to the appropriate levels for authorization
2. A paper form that requires a project stakeholder to submit the request in duplicate to the project manager for approval
3. A system that allows rapid approval of all submitted changes
4. An online system that routes changes manually to each required approver followed by impact analysis

Q9. A project involved team members situated in Arizona, Nebraska, New York, and Ireland. Which of the following activities becomes crucial in such a team environment?

1. Team-building
2. Status reporting
3. Conflict resolution
4. Communication planning

Q10. A project has experienced significant delays due to equipment problems, staff attrition, and slow client reviews. The project is 40 percent complete and has used 60 percent of the available calendar time. What is the FIRST thing you should do?

1. Rebaseline the schedule to reflect the new date
2. Analyze the critical path activities for potential to fast track or crash the schedule
3. Document the lack of progress and associated issues to management
4. Identify activities that required more time than planned 49