Project Management Question Bank
for Exam preparation

Q2. Which of the following is NOT possible outcome of risk acceptance?

1. The project will suffer no damages
2. The project will use the risk reserve
3. The project will recover cost from the insurance company
4. The project will experience a cost or schedule overrun.

Q3. You are finalizing the monthly project status report due now to your manager when you discover that several project team members are not reporting actual hours spent on project activities. This results in skewed project statistics. What is the MOST appropriate action to be taken?

1. Discuss the impacts of these actions with team members.
2. Report the team members’ actions t their functional managers.
3. Continue reporting information as presented to you.
4. Provider accurate and truthful representations in all project reports.

Q4. For the last three months, a customer has been from two to four days late with her approvals on deliverables. After analyzing the situation, the project manager decides withdrawal is the best conflict resolution technique to use. Which of the following reflects withdrawal?

1. Inform the customer that late approvals are not a problem, but ask him or her to try to get them in on time in the future.
2. Meet with the customer to determine a new due date for approvals.
3. Postpone a decision
4. Call the customer and demand that you receive the approvals today.

Q5. You are forming a virtual project team that includes members from four different countries around the world. What is NOT an obstacle you must overcome to build an effective team?

1. Different time zones
2. Communication issues
3. Cultural differences
4. Members wanting to work from home

Q6. Which of the following BEST describes the primary use of project management software?

1. Managing a project
2. Creating and controlling a schedule
3. Creating a complete project management plan
4. Creating a work breakdown structure

Q7. Variance Analysis is an important tool used in the Control Costs process. Which of the following statements regarding variances is correct?

1. The percentage range of acceptable variances will tend to increase as more work is accomplished.
2. The percentage range of acceptable variances will tend to decrease as more work is accomplished.
3. The percentage range of acceptable variances is high at the start of a project, tends to decrease in the middle of a project, and then tends to increase as the project nears completion.
4. The percentage range of acceptable variances is a constant all through the project.

Q8. A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised?

1. At the beginning, middle, and end of a project
2. Once a month
3. Project charter is usually not updated during the course of the project.
4. As required by the PMO

Q9. 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

Q10. Communications management plans should include all of the following except:

1. Stakeholder communication requirements
2. Reasons for information distribution
3. Escalation process
4. Risk Register