Project Management Question Bank
for Exam preparation

Q2. Your company just won a major new project. It will begin in three months and is valued at US $2,000,000. You are the project manager for an existing project. What is the FIRST thing you should do upon hearing of the new project?

1. Ask management how the new project will use resources
2. Resource level your project
3. Crash your project
4. Ask management how the new project will affect your project.

Q3. You are a non-technical project manager. Two highly skilled and knowledgeable resources on your project are in conflict over the best technical solution to meet a project requirement. However, this is not affecting the project schedule. Who is initially responsible for the conflict resolution?

1. The project sponsor is initially responsible for the conflict resolution.
2. The project manager is initially responsible for the conflict resolution.
3. Both team members are initially responsible for the conflict resolution.
4. Either of the team members is responsible for the conflict resolution.

Q4. What is another name for the waiting time between two activities?

1. Free float
2. Total float
3. Lag
4. CPM

Q5. A SWOT analysis helps you identify opportunities which arise from organizational strengths threats dues to its weakness. According to this analysis, analyzing the strengths and weaknesses is a part of:

1. Internal factors
2. External factors
3. Discretionary factors
4. Mandatory factors

Q6. Your project team has identified dependencies on six related projects that are providing major deliverables to your project. Some of these projects have a very similar scope and may overlap with your deliverables. In light of this, which of the following processes should you be MOST concerned about?

1. Control Scope
2. Verify Scope
3. Plan Risk Responses
4. Plan Communications.

Q7. Which of the following are AL items included in the cost management plan?

1. The level of accuracy needed for estimates, rules for measuring cost performance, specifications for how duration estimates should be stated.
2. Specifications for how estimates should be stated, rules or measuring cost performance, the level of accuracy needed for estimates
3. Rules for measuring team performance, the level of accuracy needed for estimates, specifications for how estimates should be stated.
4. Specifications for how estimates should be stated, the level of risk needed for estimates, rules for measuring cost performance.

Q8. During the middle of the project, things have been going well. The work authorization system has allowed people to know when to start work and the issue log has helped keep track of the stakeholders’ needs. The benefit cost ratio has been improving and the sponsor has expressed his appreciation for the team members’ efforts by hosting a milestone party for the team. The project manager gets a call from a team member saying that the results from the completion of their activity’s predecessor is two days late. Which of the following reasons would BEST describe why this occurred?

1. The project manager was focusing on the sponsor’s needs.
2. Functional management was not included in the communications management plan.
3. The successor activities should have been watched, not the predecessors.
4. The right people were not invited to the milestone party.

Q9. Mark is managing an airport construction project. He is currently identifying his project stakeholders, and he has compiled a long list of stakeholders already. Managing expectations of every project stakeholder is not practical. What should he do in this situation?

1. Project stakeholders should be prioritized based on their influence and interest.
2. Stakeholder analysis should be outsourced.
3. Non-key stakeholders should be dropped from the stakeholder register.
4. Stakeholder management processes should not be followed for such complex projects.

Q10. The purpose of lessons learned is to bring together any insights gained during a project that can be usefully applied on future projects. When should a project manager ideally commence this activity?

1. At the start of project planning
2. At the start of project execution
3. During the project closure
4. From project kickoff meeting