Project Management Question Bank
for Exam preparation

Q2. A project was estimated to cost $200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. However, this was made up by shipping the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At the end of the second month, the Project Manager reviews the project and finds that the project is 20% complete and Actual Costs are $50,000. The Estimate to Complete (ETC) for the project would now be:

1. $160,000
2. $210,000
3. $250,000
4. $200,000

Q3. You are in the process of defining policies, procedures, and guidance to help you manage the project costs. In which process you are working?

1. Determine budget
2. Develop schedule
3. Control costs
4. Plan cost management

Q4. The project manager has had some difficulty in getting the team to complete work efforts but he feels that the changes he made to the reward system will fix the problem. The number of stakeholders on the project has grown by 20 percent and the number of activities being completed late is growing. The project manager has heard from management that the project might become a higher priority if their competition comes out with a new product that uses wireless technology. Based on this, it would be BEST for the project manager to:

1. Re-estimate the activities and prepare to create a new schedule
2. Perform configuration management
3. Recreate the project work authorization system
4. Better respond to risk event triggers 30

Q5. It is the middle of the project when the project manager is informed by her scheduler that the project control limits are secure. That same morning she receives a note from a team member about a problem he is having. The note says, “This activity is driving me crazy and the manager of the accounting department won’t help me until the activity’s float is in jeopardy.” In addition, the project manager has e-mails, a team member walks in to the project manager’s office to tell her that a corrective action was implemented by a team member from the project management office, but was not documented. What should the project manager do NEXT?

1. Add the implemented corrective action to the historical records, discuss the value documentation at the next team meeting, and smooth the team member with the accounting department problem.
2. Report the documentation violation to the project management office, evaluate the security of the control limits, and review the e-mailing rules in the communications management plan
3. Clarify the reasoning behind documentation being a problem, get the accounting department to assist the team member, and respond to the minor stakeholder
4. Find out who caused the problem with the accounting department, respond to the minor stakeholder before responding to the other emails, and review the process listed in the communications plan for reporting concerns with the team member having the documentation problem.

Q6. The current update to the schedule performance report shows no schedule variance. Based upon this report, you tell the client that the project is on time. However, your team members know that you just missed a major milestone and the project will not meet its startup date. This is an indication of poor:

1. Communications planning.
2. Scope planning.
3. Team trust.
4. Schedule planning.

Q7. Jessica is managing an office refurbishment project. All the project stakeholders are identified and classified. The stakeholder engagement plan is also approved. Jessica is managing a project for the first time, and she is relying on the PMBOK guide as a reference to deliver an excellent project. Which of the following processes would provide guidance to Jessica regarding how to execute the approved stakeholder engagement plan?

1. Monitor Stakeholder Engagement
2. Manage Stakeholder Engagement
3. Identify Stakeholders
4. Plan Stakeholder Engagement

Q8. Which of the following is not an effective influencing technique?

1. Withdrawing from conflicts
2. Using a flexible interpersonal style
3. Leading by example
4. Clarifying how decisions will be made

Q9. A RACI chart is an example of a _________________.

1. Network
2. Flowchart
3. Responsibility assignment matrix
4. Hierarchical-type organization chart

Q10. If the project's current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project?

1. The cost variance is $1.05
2. The cost variance is $5,000
3. The cost variance is $0.95
4. The cost variance is $-5,000