Project Management Question Bank
for Exam preparation

Q2. Which of these is not a data analysis technique used during quantitative risk analysis?

1. Tornado diagram
2. Decision tree
3. RACI chart
4. Influence diagrams

Q3. A technique that enhances brainstorming with a voting process used to rank the most useful ideas so they can be taken up for further brainstorming is:

1. Six thinking hats
2. Nominal group technique
3. Affinity diagram
4. Mind mapping

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. A key output of Plan Resource Management is a list of project roles and responsibilities. What should this document include?

1. Work packages, Effort, Authority, Duties
2. Role, Responsibility, Authority, Risk
3. Role, Title, Resource Cost, Responsibility
4. Role, Authority, Responsibility, Competence

Q6. You are working in a matrix organization and managing a project. You are having trouble working with one deliverable so you ask the functional manager to send you two team members who are experts in dealing with this type of work. She agrees and provides you with two of her best employees. They have joined your project and you have given them their roles and responsibilities. They are also made aware of who will be responsible or accountable for each deliverable. However, they are still not clear about their roles and responsibilities. So, to make it clear what document or chart will you show them?

1. RACI chart
2. OBS
3. RAM
4. RBS

Q7. 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.

Q8. Business value is also defined as the aggregate of all tangible and intangible elements of the business. Which of the following is NOT an example of a tangible business element?

1. Monetary assets
2. Goodwill
3. Fixtures
4. Stockholder equity

Q9. 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.

Q10. The stakeholder engagement plan is a subsidiary plan of the project management plan. It includes the strategies required to effectively engage project stakeholders. An ineffective stakeholder engagement strategy can lead to project failure. The stakeholder engagement plan:

1. Must be formal and highly detailed
2. Must be formal but broadly framed
3. Can be formal or informal but must be highly detailed
4. Can be formal or informal, highly detailed or broadly framed