Project Management Question Bank
for Exam preparation

Q2. You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the budget EXCEPT?

1. Fixed costs
2. Sunk costs
3. Direct costs
4. Variable costs

Q3. Which of the following is true about risks?

1. The risk register documents all the identified risks in detail.
2. Risk impact should be considered, but probability of occurrence is not important.
3. Risks always have negative impact and not positive.
4. Risk Response Plan is another name for Risk Management Plan.

Q4. Robert is managing a road construction project. Due to unseasonal weather conditions, the team productivity might be above or below target. This is an example of:

1. Ambiguity risk
2. Variability risk
3. Mitigated risk
4. Opportunity risk

Q5. Your project team has identified a major project risk. After talking to the project management office, they determine that a reserve on the project is not necessary. What is the NEXT step?

1. List the time or cost overrun expected on the project in your project management plan.
2. Develop risk transference strategies.
3. Create a risk response plan that includes the risk.
4. Ignore he risk until it happens.

Q6. All of the following are used in quality management EXCEPT:

1. Marginal analysis
2. Selected sellers
3. Standard deviation
4. The Delphi technique.

Q7. You have just received an invoice from your supplier that contains some uncertified items. Payments to the supplier are processed through your corporate accounts payable system only after certification of satisfactory work by the project quality control specialist. What should you do?

1. Process the supplier’s invoice since this is your liability
2. Call the supplier and obtain more information
3. Ask the supplier to stop all deliveries until the matter has a resolution
4. Seek judicial arbitration

Q8. The process that links people and information is called:

1. Scope management.
2. Human resource management.
3. Communications management.
4. Time management.

Q9. A new project manager is planning a complex hardware installation project. The team consists of 13 people who are experts in their fields. The project manager does not want to micromanage the project. How far should he decompose the work?

1. As small as possible because the work is complex.
2. As large as possible because he is dealing with experts
3. To 1000-hour work packages because he is dealing with experts
4. To about 80-hour work packages because it will make the work less complex 8

Q10. You are constructing an office building. Work has started and you are in the middle of your project. You feel that if you add one more floor to the building it will cost much less than if the client decides to add it in the future. This change, however, will lead to a change in various baselines and the project charter as well. Therefore, you discuss the issue with all relevant stakeholders, and after their agreement, you process these change requests. In all of these changes, who is responsible for making this change in the project charter?

1. The project manager
2. The client
3. Management
4. The project management team