Project Management Question Bank
for Exam preparation

Q2. A company is attempting to select the BEST project from a list of possible choices. If the information they have includes the following benefit cost ratios, which project should they pick?

1. 2.2
2. 1.3
3. 0.8
4. 1.6

Q3. You are the Project Manager and are responsible for the development of a mall. As with any construction project, there will be multiple iterations of blueprints and engineering drawings. Therefore, you have decided to create an online database that can be used to query the documents by name, type, date, etc. This is an example of what type of communication tool?

1. Project Management Information System
2. Lessons Learned
3. Project Records
4. Configuration Management System

Q4. Testing the entire population:

1. Take too long.
2. Provide more information than wanted.
3. Be mutually exclusive.
4. Show many defects.

Q5. Which of the following BEST describes the primary use of project management software?

1. Managing a project
2. Creating and controlling a schedule
3. Creating a complete project management plan
4. Creating a work breakdown structure

Q6. Calculating estimate to complete (ETC) is done during the:

1. Planning process group
2. Initiating process group
3. Executing process group
4. Monitoring and controlling process group.

Q7. You are making some changes to the scope and schedule baseline because you have identified a high-impact risk and management does not want to take a risk. What process is this?

1. Plan scope management
2. Plan risk response
3. Develop schedule
4. Control scope

Q8. You are given a new project to manage and a brief project scope statement. The project sponsor tells you that there is no required completion date for the project. The BEST thing to do is to:

1. Ask for better definition of the project scope before accepting the project.
2. Accomplish the project as time allows
3. Plan the project as you would a normal project, but build in schedule flexibility
4. Make a list of activities that need to be done.

Q9. A new store development project requires the purchase of various equipment, machinery, and furniture. The department responsible for the development recently centralized its external purchasing process and standardized its new order system. In which document can these new procedures be found?

1. Project scope statement
2. WBS
3. Staffing management plan
4. Organizational policies

Q10. 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