Project Management Question Bank
for Exam preparation

Q2. An organization wishes to ensure that the opportunity arising from a risk with positive impact is realized. This organization should:

1. Exploit the risk
2. Mitigate the risk
3. Accept the risk
4. Avoid the risk

Q3. As you create the Activity List, which technique is recommended for subdividing the project into smaller components called activities?

1. Decomposition
2. Rolling Wave Planning
3. Expert Judgment
4. Deconstruction

Q4. All of the following are always part of the Close Project or Phase process EXCEPT:

1. Completing the lessons learned
2. Performing closure of the outside contract
3. Updating the archives
4. Releasing the team.

Q5. Which of the following is generally the MOST CORRECT use of a project network diagram?

1. Showing the project schedule
2. Documenting activity interdependencies
3. Defining project resources
4. Defining project costs

Q6. As project manager, you are unable to allocate as much time to interact with your stakeholders as you would like. Which of the following stakeholders will you make it a priority to get to know?

1. The stakeholder who is an expert on the product of the project, but is not interested in implementing it in his department.
2. The manager of the department that will use the product of the project. She is known to be resistant to change.
3. The project sponsor, with whom you have successfully worked on many projects.
4. The department employee who is unfamiliar with the product of the project, but open to the positive impacts he believes the product will have on his work environment.

Q7. You are making another international trip and have been invited to a holiday celebration; you discover that all of the subcontracted work for the project has been given to one of the team member’s brothers. What should you do?

1. Do nothing if the project is progressing on schedule.
2. Evaluate the cost of the subcontracted work.
3. Determine what the common practices are in that country.
4. Tell the team member that such actions are not allowed.

Q8. If a project manager wants to report on the actual project results vs. planned results, he should use a:

1. Trend report.
2. Forecasting report.
3. Status report.
4. Variance report.

Q9. You are developing a smartphone, when suddenly your competitor has launched a smartphone which is better than yours. Therefore, you make some changes to the product which causes WBS elements to be amended heavily. What kind of changes have you made to your project?

1. Change in scope
2. Change in schedule
3. Change in quality
4. None of the above

Q10. You are managing a project and find you need to apply resource leveling. Which of the following tools can help you identify resources that are overallocated?

1. Resource Assignment Matrix
2. Network diagram
3. Resource Histogram
4. Resource Breakdown Structure