Project Management Question Bank
for Exam preparation

Q2. You are running one week behind on a project due to a late delivery by a vendor. You are forced to compress your project schedule due to a government-mandated end date that constrains your project. After meeting with your team, the decision is to work several tasks in parallel that were scheduled to be run consecutively. This is an example of:

1. Risk Acceptance
2. Crashing
3. Resource Leveling
4. Fast Tracking

Q3. Which of the following BEST describes the relationship between standard deviation and risk?

1. Nothing
2. Standard deviation tells you if the estimate is correct
3. Standard deviation tells you how unsure the estimate is.
4. Standard deviation tells you if the estimate includes a pad.

Q4. You are estimating the cost for your project by using historical data and applying it to your project, such as the cost of painting per square foot. Which technique are you using here?

1. Bottom up
2. Top down
3. Analogous
4. Parametric

Q5. You want to buy a cell phone and you have two options. The first phone is cheaper and offers less functionality, but it has a proven track record of good stability and reliability. The second phone is a feature rich, costly phone but it has some stability and reliability issues. Which of the following statements is correct about these phones?

1. The first cell phone is a low grade, high-quality phone
2. The second cell phone is a low grade, high-quality phone
3. The first cell phone is a high grade, low-quality phone
4. The second cell phone is a high grade, high-quality phone

Q6. 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

Q7. As part of the quality control in your project, you are exploring a technique that shows the history and pattern of variation. This is a line graph that shows data points plotted in the order in which they occurred. You are most likely looking at a:

1. Control chart
2. Pareto diagram
3. Histogram
4. Cause-and-effect diagram

Q8. You are in the executing process group of a major project with an estimated cost of US $22 million. Two team members are having a disagreement over the potential sellers of a project, and the project manager has offered to help. The project manager suggests a compromise, and the team members want to solve the problem. Who should decide on the BEST course of action?

1. Management
2. Team member
3. Project manager
4. Customer

Q9. You have joined AVC Corp and are immediately assigned a project. The project charter is signed, stakeholders have been identified and now you are classifying them according to the direction of influence. Which of the following is not a way to classify the project stakeholders under this technique?

1. Upward
2. Downward
3. Inward
4. Outward

Q10. Determining cost and schedule reserves, identifying risks requiring the most attention, and determining the overall project risk exposure are all part of the processes of Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, and:

1. Plan Risk Responses.
2. Control Risks.
3. Identify Risks.
4. Plan Risk Management