Project Management Question Bank
for Exam preparation

Q2. What might historical records from previous projects used as an input to the Define Activities process include?

1. Activities
2. Resources
3. Costs
4. Schedule

Q3. During the planning processes, activity G was estimated to take five days. Activity G is on the critical path. On day 2, it becomes clear that activity G will take 15 days, which will impact the imposed project end date. The project team meets to perform root cause analysis to identify the cause of the variance and to plan schedule recovery with activities performed later in the schedule. Which of the following should ALWAYS be of this kind of meeting?

1. Recommend corrective action
2. WBS updates
3. Activity list updates
4. Schedule updates

Q4. The customer responsible for overseeing your project asks you to provide a written cost estimate that is 30 percent higher than your estimate of the project’s cost. He explains that the budgeting process requires manager to estimate pessimistically to ensure enough money is allocated for projects. What is the BEST way to handle this?

1. Add the 30 percent as a lump sum contingency fund to handle project risks
2. Add the 30 percent to your cost estimate by spreading it evenly across all project activities
3. Create one cost baseline for budget allocation and a second one for the actual project management plan.
4. Ask for information on risks that would cause your estimate to be low.

Q5. Which of the following methods of forecasting EAC and ETC is the most accurate?

1. ETC based on CPI
2. ETC based on BAC
3. ETC based on CPI and SPI
4. ETC based on new estimate

Q6. Which of the following may help in ensuring that certain bidders in the procurement process do not receive preferential treatment and that all prospective sellers have a clear and common understanding of the procurement?

1. Use of weighted criteria
2. Use of screening techniques
3. Use of bidder conferences
4. Use of expert judgment

Q7. As part of Define Activities, you are looking at dependencies used to define the sequence among the activities. Which of these is not a valid type of dependency?

1. Linked dependency
2. External dependency
3. Discretionary dependency
4. Mandatory dependency

Q8. You are managing a fund-raising golf tournament that has a hole-in-one contest. However, your company cannot afford to pay the $1,000,000 award if someone does get a hole in one, so it has elected to take out an insurance policy in the event someone does get lucky. This is an example of:

1. Sharing
2. Mitigation
3. Transference
4. Avoidance

Q9. On-demand scheduling is one of the techniques used in agile environments. This type of scheduling ______ work from a backlog as resources become available.

1. Extrapolates
2. Predicts
3. Pulls
4. Pushes

Q10. A project manager has just finished the risk response plan for a US $387,000 engineering project. Which of the following should he probably do NEXT?

1. Determine the overall risk rating of the project
2. Begin to analyze the risks that show up in the project drawings
3. Add work packages to the project work breakdown structure
4. Hold a project risk assessment 06