Project Management Question Bank
for Exam preparation

Q2. Project Stakeholder Management is focused on engaging project stakeholders with the project. What is the objective of keeping the project stakeholders engaged with the project?

1. To manage their expectations so that the project objectives are achieved
2. Using consistent project management methodology across organizational projects
3. To motivate the project team members
4. To demotivate the negative stakeholders

Q3. Long hours to meet a looming deadline and immense pressure for success from management are causing a decline in team morale. There are occasional conflicts between team members over priorities and resources. How should these non-disruptive conflicts be handled?

1. Use of disciplinary actions
2. Using a private, direct, and collaborative approach first
3. Escalation to senior management
4. Arbitration

Q4. A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labour hours per installation from past projects to predict the future. This is an example of which of the following?

1. Parametric estimating
2. Three-point estimating
3. Analogous estimating
4. Monte Carlo analysis 48

Q5. Testing the entire population would:

1. Take too long
2. Provide more information than wanted
3. Be mutually exclusive
4. Show many defects.

Q6. Co-location can help with:

1. Bringing customers together
2. Building a team
3. Decreasing project rental costs
4. Decreasing project time.

Q7. You have completed a milestone in your software development project, and you are now verifying that the product meets the specifications outlined in the project management plan. In which process group is this process?

1. Closing
2. Monitor and Controlling
3. Executing
4. Planning

Q8. One of the risks your team has discovered is a high probability that the equipment you are developing will not perform under the pressure it needs to in the workplace. In order to handle this risk, you have chosen to prototype the equipment. This is an example of risk:

1. Mitigation.
2. Avoidance
3. Transference.
4. Acceptance.

Q9. Two efficiency indicators that reflect the cost and schedule performance of a project are:

1. Cost Projection Index (CPI) and Schedule Projection Index (SPI)
2. Cost Performance Index (CPI) and Schedule Performance Index (SPI)
3. Actual Cost (AC) and Planned Value (PV)
4. Cost Pricing Index (CPI) and Schedule Performance Index (SPI)

Q10. You are determining the probability and impact of risks in order to find the expected monetary value and then the contingency reserve. Which of the following statements is true about the expected monetary value?

1. You don't consider positive risks while calculating the EMV
2. You consider positive as well as negative risks while calculating the EMV
3. It is a tool and technique of the Perform Qualitative Risk Analysis Process
4. None of the above