Project Management Question Bank
for Exam preparation

Project Management- Q2. Which of the following is an output of the Define Activities process?

1. A WBS
2. An activity list
3. A network diagram
4. A project schedule

Project Management- Q3. Which of the following is the correct logical sequence of the five process groups?

1. Planning, Monitoring and Controlling, Initiating, Executing, Closing
2. Planning, Initiating, Executing, Monitoring and Controlling, Closing
3. Initiating, Monitoring and Controlling, Planning, Executing, Closing
4. Initiating, Planning, Executing, Monitoring and Controlling, Closing

Project Management- Q4. The customer starts to have cash flow problems, because other projects are being completed early. The customer notifies the project manager that there will be limits on when funds will be available for the project. The project CPI is currently 1.02, and the estimate to complete is US $927,000. If the project manager performs funding limit reconciliation, there will also MOST likely be a change to the:

1. Resource assigned.
2. Number of change requests
3. Cost baseline
4. Project schedule 21

Project Management- Q5. You are in the middle of a major new facility construction project. The structural steel is in place and the heating conduits are going into place when a senior manager informs you that he is worried that the project will not meet the quality standards. What should you do in this situation?

1. Assure senior management that during the Plan Quality process it was determined that the project would meet the quality standards
2. Analogously estimate future results.
3. Form a quality assurance team
4. Check the results from the last quality management plan.

Project Management- Q6. You are the Project Manager for JT's Lumber Yard. You are trying to forecast estimates for the final phase of the project you are currently working on. Based on the performance of the project to date, which formula can be used to estimate the total value of the project when completed, assuming similar variances will not occur?

1. ETC = (BAC - EV)/CPI
2. SV = EV - PV
3. CPI = EV/AC
4. EAC = AC + BAC - EV

Project Management- Q7. You are the project level manager with several project activities underway. In the executing process group, you begin to become concerned about the accuracy of progress reports from the projects. What would BEST support your opinion that there is a problem?

1. Quality audits
2. Risk quantification reports
3. Regression analysis
4. Monte Carlo analysis

Project Management- Q8. All of the questions are common outputs of risk management EXCEPT:

1. Contract terms and conditions
2. A risk response plan
3. Schedule reserves
4. An approved project management plan.

Project Management- Q9. The purpose of lessons learned is to bring together any insights gained during a project that can be usefully applied on future projects. When should a project manager ideally commence this activity?

1. At the start of project planning
2. At the start of project execution
3. During the project closure
4. From project kickoff meeting

Project Management- Q10. Julia is managing a complex industrial process reengineering project. She has identified all her key project stakeholders and has conducted individual interviews with them to identify other project stakeholders, as well. However, Julia is still not satisfied with her project’s stakeholders list; she believes there may be more key external stakeholders missing from the list. What can help Julia in this situation?

1. Use stakeholder register templates from the organizational process assets
2. Conduct more meetings with the key stakeholders
3. Get over her fear and finalize the project stakeholder register
4. Seek expert judgment from subject matter experts