Project Management Question Bank
for Exam preparation

Q2. Which of the following is the BEST thing to do when a project activity will take longer than planned and the project can no longer be completed on time?

1. Compress the schedule
2. Ask for an extension of time
3. Negotiate for more resources
4. Work overtime to make up the time

Q3. You are working for an international construction company. Your project involves pulling together over 13 different subprojects. You are having difficulty in ensuring three subcontractors are doing their work correctly. As you review the project results you notice you have spent US $1,200,000 at the last reporting point. You know the schedule is not too bad, since your schedule performance index (SPI) is 1.1. Considering you feel you should have spent US $1,300,000 to this point, what is the cost performance index (CPI), and the schedule and cost variances?

1. 1.19, $130,000, and $$230,000
2. 1.1, ($230,000), and $130,000
3. 1.19, $230,000, and ($230,000)
4. 1.46, $130,000, and ($130,000)

Q4. At the end of a project, what will your schedule variance be equal to?

1. Zero
2. Equal to the total PV
3. One
4. Equal to the total EV

Q5. The Plan Stakeholder Engagement process has many inputs. Which of the following is an input to the Plan Stakeholder Engagement process that comes from the Conduct Procurements process?

1. Project management plan
2. Project charter
3. Historic stakeholder engagement plans
4. Agreements

Q6. You have a US $100,000,000 project that has 34 team members in four different countries. At the completion of project planning, you have identified six risks, 225 work packages, 13 stakeholders and seven phases to the project life cycle. What part of this project management plan needs to be revisited?

1. The Identify Risks process
2. The staffing management plan
3. The network diagram
4. The communications management plan

Q7. The product design your project team developed was extremely well received by the customer. There were two key contributors to this design. The customer calls you to tell you how pleased he is with the design. What do you tell him?

1. Ask to negotiate a bonus payment.
2. Thank the customer.
3. Thank him on behalf of the team and call out the contributions two of the team members made.
4. Tell the customer you worked very hard on the design, and you are happy he is pleased.

Q8. You are managing a project in a just-in-time environment. This will require more attention, because the amount of inventory in such an environmental is generally:

1. 45 percent
2. 10 percent
3. 12 percent
4. 0 percent

Q9. The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work the project team will execute to accomplish the project objectives and create required deliverables. The Create WBS process falls under which knowledge area?

1. Project Schedule Management
2. Project Integration Management
3. Project Scope Management
4. Project Cost Management

Q10. During the project execution, some people stole your consumables. You did not identify this threat earlier, though you were able to manage the situation through a workaround. This risk did not have much of an impact on your cost baseline but the schedule was impacted. Management is aware of the issue and to get the complete picture they insist you provide them the performance report. Which of the following information will you provide to them?

1. Status of deliverables
2. Actual cost, actual duration, etc.
3. Milestones status
4. Memos