Project Management Question Bank
for Exam preparation

Q2. “What information needs to be collected when” is part of which of the following?

1. Formal reporting
2. Plan communications
3. Stakeholder management
4. Earned value

Q3. Which of the following is accurate regarding agreements in Project Procurement Management?

1. Agreements can never be terminated.
2. Terms and conditions never include the seller’s proposal.
3. Agreements are informal documents.
4. Agreements are legal documents between a buyer and a seller.

Q4. You are in the middle of a new product development project for your publicly traded company when you discover that the previous project manager made a $3,000,000 payment that was not approved in accordance with your company policies. Luckily, the project cost performance index (CPI) is 1.2. What should you do?

1. Put the payment in an escrow account.
2. Bury the cost in the largest cost center available.
3. Ignore the payment
4. Contact your manager

Q5. When planning risk responses, the strategy of changing the project management plan to eliminate the risk is known as:

1. Avoidance
2. Transference
3. Mitigation
4. Acceptance

Q6. Which of the following MUST be an agenda item at all team meetings?

1. Discussion of project risks
2. Status of current activities
3. Identification of new activities
4. Review of project problems.

Q7. A project manager presented earned value analysis data in a tabular format in a performance report. Another way the project manager could have presented the earned value analysis data is with:

1. A linear graph
2. An S-curve
3. A logarithmic curve
4. An Epsilon graph

Q8. The senior analyst on a project came up with Activity Duration Estimates as follows: Activity A: 10 days + a lag of two days; Activity B: 1 week + a lead of three days. The project manager who reviewed these estimates raised some objections to them. What would they most likely be?

1. The analyst should have included percent variance information while mentioning the Activity Duration Estimate. This would indicate a range of possible results.
2. Activity Duration Estimates should not include any lag or lead information.
3. It is advisable not to mix up units such as days and weeks while coming up with Activity Duration Estimates.
4. The Activity Duration Estimate should have also mentioned the predecessor or successor activity to which the lag or lead is attached.

Q9. Which of these is accurate regarding the Develop Schedule process?

1. Schedules are optimized such that all noncritical activities have a zero total float.
2. The critical path method is a schedule network analysis technique that is performed using the schedule model.
3. Schedule compression shortens the project schedule while changing the project scope.
4. Schedule network analysis is a technique carried out once the schedule is approved.

Q10. Rosanne is an experienced project manager working on a pharmaceutical project. This project involves two large vendors supplying chemical products with specific compositions for preparing drugs. While reviewing documents to see how a seller is performing, she notices the seller did not meet some of the contractual terms. Since it is a first-time violation, she would like to initiate a corrective action to bring the seller’s performance in line with the statement of work. Which of the following are not outputs of Rosanne’s effort?

1. Work performance data and approved change requests
2. Work performance information and change requests
3. Change requests and Organizational process assets update
4. Change requests and Project management plan updates