Project Management Question Bank
for Exam preparation

Q2. You are analyzing the risk in a project. You decide to do a sensitivity analysis to determine which risks have the most potential impact on the project. You consider using a tool to help compare the relative importance of variables that have a high degree of uncertainty with those variables that are more stable. One such tool is:

1. Beta Distribution
2. S-Curve
3. Control Chart
4. Tornado Diagram

Q3. A project manager is trying to plan for a contingency reserve as part of the cost estimates for the project. Which of these would be an incorrect way to plan for contingency reserves?

1. Start the project with a zero value for contingency reserve.
2. Plan for contingency reserve as a fixed number.
3. Plan for contingency reserve as a percentage of the estimated cost.
4. Use quantitative analysis methods to arrive at the contingency reserve.

Q4. Workarounds are determined during which risk management process?

1. Identify risks
2. Perform Quantitative Risk Analysis
3. Plan Risk Responses
4. Control risks

Q5. Which of the following is an output of the Create WBS process?

1. Scope baseline
2. Project scope statement
3. Decomposition
4. Requirements documentation

Q6. Some of your team members do not come to meetings on time. A few other members keep themselves busy with other activities during meetings, and their behavior is not proper. Therefore, to improve the environment what step will you take?

1. Co-locate team members
2. Bring them into the war room
3. Warn them, and if they don’t listen, punish them
4. Implement ground rules

Q7. If a project manager focuses on ensuring that the project satisfies the needs for which it was undertaken, the project manager is involved in:

1. Cost management
2. Time management
3. Quality management
4. Scope management

Q8. You are in the middle of your project and working on a deliverable which is 90% completed. It is time for the yearly audit. A team of auditors are about to come and verify if you are following the process as defined or not. However, as the deliverable is about to be completed, you check it and measure all dimensions to find any possible dimensional defects. What process is this?

1. Control quality
2. Manage quality
3. Plan quality management
4. Control scope

Q9. During the completion of the project work, a project manager wants to ensure that the quality of the end product is acceptable. The BEST way to do this is by:

1. Checking quality against the standards set in the quality management plan
2. Identifying the quality standards you want the end product to meet
3. Performing cost-benefit analysis
4. Determining the cause of a problem using a fishbone diagram.

Q10. You are working in a big organization. Due to a change in market conditions your organization needs to raise a small project to accommodate the current change in the organization’s processes. The initiating phase is complete and now you are in the planning phase and developing the project plan. Which of the following project management processes can be omitted for this project?

1. Perform qualitative risk analysis
2. Manage quality
3. Perform quantitative risk analysis
4. Create WBS