Project Management Question Bank
for Exam preparation

Q2. Which of the following is NOT a reason to measure variances from the baseline?

1. To catch deviations early
2. To allow early corrective action
3. To determine if there are any wild fluctuations
4. To create a project control system

Q3. Payment for routine government action by a foreign official is:

1. A bribe
2. Allowed
3. Not payable upon violation of government law
4. Allowed only if they process the project schedule

Q4. All of the follow are correct statements about a project manager EXCEPT:

1. He or she is assigned after the project chart is created.
2. He or she may initiate changes to the project
3. He or she manages changes and factors that create change
4. He or she is held accountable for project success or failure.

Q5. You have just been assigned as project manager for a large telecommunications project. This one-year project is about halfway done. The project team consists of five sellers and 20 of your company’s employees. You want to understand who is responsible for doing what on the project. Where would you find such information?

1. Responsibility assignment matrix
2. Resource histogram
3. Bar chart
4. Project organization chart.

Q6. Ground rules are established to set clear expectations regarding acceptable behavior by the project team members. Whose responsibility is it to enforce ground rules?

1. The project manager
2. All project team members share the responsibility for enforcing the rules once they are established in the Team Charter
3. The HR team
4. The project manager and senior team members

Q7. You are managing a highly complex drug manufacturing project, and your sponsor is highly motivated and influential. You are optimistic about the outcome of the project; however, you are unsure about the project approval requirements that measure the project’s success. You would like to document the name of the person who signs off on the project and the criteria that constitute the project’s success. Which of the following documents should you use first to incorporate project approval requirements?

1. The scope document
2. The project charter
3. The approval requirement plan
4. The project management plan

Q8. The customer responsible for overseeing your project asks you to provide a written cost estimate that is 30 percent higher than your estimate of the project’s cost. He explains that the budgeting process requires manager to estimate pessimistically to ensure enough money is allocated for projects. What is the BEST way to handle this?

1. Add the 30 percent as a lump sum contingency fund to handle project risks
2. Add the 30 percent to your cost estimate by spreading it evenly across all project activities
3. Create one cost baseline for budget allocation and a second one for the actual project management plan.
4. Ask for information on risks that would cause your estimate to be low.

Q9. Earned Schedule (ES) is an extension to the theory and practice of EVM. Earned schedule theory replaces the schedule variance measures used in traditional EVM with ES and actual time (AT). Using the alternate equation for calculating schedule variance:

1. AT – ES
2. EV – PV
3. PV – EV
4. ES – AT

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