Project Management Question Bank
for Exam preparation

Q2. The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:

1. An S-curve
2. An inverted S-curve.
3. Pie-chart
4. A Z curve

Q3. A software system was accepted by the customer, but has found to give unexpected results. Which of the following BEST describes what the project manager should do FIRST?

1. Review the customer’s inspection process
2. Change the activity sequencing
3. Apologize to the customer
4. Review the Validate Scope process.

Q4. To control the schedule, a project manager is reanalyzing the project to predict project duration. This is done by analyzing the sequence of activities with the least amount of flexibility. What technique is being used?

1. Leads and lags
2. Work Breakdown Structure
3. Flowchart
4. Critical Path Method

Q5. According to the project manager’s earned value (EV) analysis of a software development project on June first, the cost performance index (CPI) computes to 1.0 and the schedule variance (SV) is zero. On June third, the banks of the nearby river overflow and flood the development computer room, shutting down all operations for two weeks. This project has been struck by a (n):

1. Unknown unknown risk.
2. Known unknown risk.
3. Known risk.
4. Foreseen risk.

Q6. In projects following adaptive lifecycles, what are the two critical components of iterative scheduling with a product backlog?

1. User epics and time-bound accepted deliverables
2. User stories and time-boxed periods of work
3. Work packages and critical path
4. Scope management plan and a detailed WBS

Q7. During project planning, you estimate the time needed for each activity and then add up the estimates to create the project estimate. You commit to completing the project by this date. What is wrong with this scenario?

1. The team did not create the estimate, and estimating takes too long using that method.
2. The team did not create the estimate, and a network diagram was not used.
3. The estimate is too long and should be created by management.
4. The project estimate should be the same as the customer’s required completion date.

Q8. A fire has just destroyed a warehouse that was being constructed as part of a large project you are managing. What would have been the easiest way to ensure that this force majeure would not significantly impact the cost of the project?

1. Reduce the impact of such risk by transference
2. Reduce the probability that the event will take place
3. Accept the risk
4. Eliminate the threat by not building the warehouse.

Q9. Caitlin’s project is behind schedule. She is planning to crash the project by allowing overtime to the project team. This approach can bring additional risks to the project. Which of the following is not a valid risk in this scenario:

1. The profit margin might decrease.
2. Risk of employee attrition might increase.
3. Risk of errors and/or rework might increase.
4. The project’s acceptance criteria might get updated.

Q10. Performance reports should address all the needs of:

1. Management.
2. Team members.
3. The project manager.
4. Stakeholders.