Project Management Question Bank
for Exam preparation

Q2. Projects operating in agile environments where a high degree of uncertainty exists and where the scope is not yet fully defined, may not benefit from detailed cost calculations due to frequent changes. Instead, lightweight estimation methods can be used to generate a fast, high-level forecast of project labor costs, which can then be easily adjusted as changes arise. Detailed estimates are:

1. Reserved for short-term planning horizons in a just-in-time fashion.
2. Never developed in an agile project.
3. Only developed if the project stakeholders allow the project manager to do so.
4. Developed early during the project but are never updated due to frequent changes.

Q3. You are the Project Manager for the production of an exotic car. You have completed the Define Scope process for your project. Which of the following may be generated through this process?

1. Project scope statement, project charter
2. Project scope statement, updates to requirements traceability matrix
3. WBS, updates to requirements traceability matrix
4. Project scope statement, WBS

Q4. A software development project has been suffering through many major project changes. Because of this, the project manager has not been able to do much but complete change request forms. Which statement BEST describes the other activities the project manager should be doing?

1. Determine that changes have been made and whether the changes are beneficial. List all of them in the scope management plan
2. Determine if a change is needed. Determine whether that change is beneficial; notify stakeholders affected by the change.
3. List all changes in the project charter, notify stakeholders affected by changes and ensure the team signs off on all changes
4. Determine that a change has occurred. Notify all stakeholders affected by the change; list all the changes in the scope management plan

Q5. When are risk identification activities performed?

1. During the Perform Qualitative Risk Analysis process
2. During the Plan Risk Management process
3. During the Perform Quantitative Risk Analysis process
4. Ongoing throughout the project

Q6. You have just completed the initiating processes of a small project and are moving into the planning processes when a project stakeholder asks you for the project’s budget and cost baseline. What should you tell her?

1. The project budget can be found in the project charter, which has just bee completed
2. The project budget and baseline will not be finalized and accepted until the planning processes are completed
3. The project management plan will not contain the project budget and baseline; this is a small project
4. It is impossible to complete an estimate before the project management plan is created.

Q7. The customer’s expectations for quality are shown on a control chart as the:

1. Mean
2. Specification limits
3. Rule of seven
4. Upper and lower control limits

Q8. Which of the following would generally lead to the LEAST amount of quality improvement?

1. TQM
2. Quality planning
3. Implementing an ISO 9000 standard
4. Increasing inspection

Q9. Which of the following is not a true statement about control charts?

1. Control charts can be used to establish, as well as maintain process control.
2. Control charts are used to determine acceptance limits when no limits when no limits are stipulated by th eproduct specification; otherwise, one should use the limits dictated by the specification.
3. All data points outside the control chart limits are variations explained by assignable causes.
4. B and C.

Q10. You are a project manager who is in charge of an important project for your company. The project is 40 percent complete after three months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last eight months. How is the project performing?

1. The project is behind schedule and over budget.
2. The project is ahead of schedule and under budget.
3. The project is behind schedule and under budget.
4. The project is ahead of schedule and over budget.