Project Management Question Bank
for Exam preparation

Q2. Which of the following is an example of a parametric estimate?

1. Dollars per module
2. Learning bend
3. Bottom-up
4. CPM

Q3. A project is ending one of its phases. What should be done before moving on to the next phase?

1. Team meeting
2. Validate Scope
3. Management meeting
4. Scope management 05

Q4. As project manager, you scheduled a status update meeting. During the meeting, a problem developed, and the group discussed it. The day after the meeting, Kevin approached you and expressed his concern that the problem was not truly resolved. After thinking about it, he felt that his concerns were still valid and should be addressed. What conflict resolution method was likely used at the status meeting?

1. Smoothing
2. Forcing
3. Withdrawal
4. Collaboration

Q5. You are in the process of subdividing project deliverables and project work into smaller, more manageable parts so the project management team can get a structured vision of what has to be delivered. Which of the following is an output of this process?

1. Scope baseline
2. RBS
3. Network diagram
4. OBS

Q6. You are doing business in a foreign country and you are advised by your local contact that it will be necessary to make payments to certain officials in order to get the contract. Such payments are expected in another country, but are illegal for people from your country. What should you do?

1. Have the local contact make the payments.
2. Refuse to make the payment and hope to get the contract solely based on your company’s abilities.
3. Call your government officials and ask for direction.
4. Amend your price increasing the cost to reflect the payments to be made to local officials.

Q7. All of the following MUST be present to have a contract EXCEPT:

1. Procurement statement of work.
2. Acceptance.
3. Address of the seller
4. Buyer’s signatures.

Q8. You are finishing the prototype that was planned as a risk mitigation strategy when you find out that the benefit cost ratio (BCR) has been improved and the project cost performance index (CPI) is 1.03. The standard deviation on the project time estimate has decreased and you discover that the prototype, already almost finished, can fulfill the needs of another project requirement as well. What should you do FIRST?

1. Look for ways to help get the prototype accepted faster and thus cut cost
2. Compress the project to get it completed faster using the prototype
3. Review the benefits of the project with the customer and determine if the prototype will improve the benefits
4. Look for the risk impacts of fulfilling another requirement with the prototype.

Q9. You are working on a new oil purification project in a foreign country. A person informs you that you will have to pay him a “transfer fee” for the permit to move heavy equipment through the city. What is the FIRST thing you should do?

1. Pay the fee, but only to the city
2. Do not pay the fee
3. Make sure the person is really a government official
4. Negotiate openly with the city officials.

Q10. Which of the following components of a project scope statement is useful in reducing scope creep?

1. Acceptance criteria
2. Deliverables
3. Scope description
4. Exclusions