Project Management Question Bank
for Exam preparation

Q2. Which of these is accurate regarding risk management?

1. Organizations are not likely to perceive risk as a threat to project success.
2. It has its origins in the uncertainty present in all projects.
3. The attitudes of individuals and organizations must not be a factor affecting risk management.
4. It is a passive activity in project management.

Q3. All of the following are the responsibility of a project manager EXCEPT:

1. Maintain the confidentiality of customer confidential information
2. Determine the legality of company procedures.
3. Ensure that a conflict of interest does not compromise the legitimate interest of the customer
4. Provide accurate and truthful representations in cost estimates

Q4. Your project sponsor is extremely happy with the project performance to date. To celebrate, he wants to hold a party with dancing and liquor for the entire team. You are concerned because the company policy states that “no alcohol can be served at company events.” What should you do?

1. The project sponsor is responsible. Hold the event as a good teambuilding experience.
2. Inform human resources that the sponsor is serving alcohol at a company function
3. Tell the project sponsor that the party is a great idea, but no alcohol can be served.
4. Suggest the event be held outside of working hours

Q5. Though it was difficult, the project manager received agreement to the project charter from all four sponsors involved on the project and the US $400,000 project was approved. Now the cost variance for the project is -$500 and the last performance review was positive. Just when the project entered its second phase, a team member on a noncritical path activity announced she was leaving the company. The float of activity L changed from two to four days. Only one unidentified risk has occurred with a minor impact. The last quality review showed that the project has made use of the results of the last design of experiments. Based on this information, what should the project manager do NEXT?

1. Complete closure of the first phase
2. Fast track the project to add more float
3. Review the management plans
4. Investigate additional risks caused by the difficulty with the senior managers.

Q6. Which of the following is an incorrect classification of a feasibility study?

1. A feasibility study may be considered a stand-alone project.
2. A feasibility study may be considered pre-project work.
3. A feasibility study may be considered the first phase of a project.
4. A feasibility study may be considered a program.

Q7. The project has 13 team members and affects over 15 departments in the organization. Because the project is 20 percent complete to date and the team has had successful performance reports from five of the affected departments, the project manager holds a party to celebrate. The project manager invites key stakeholders from all of the departments to the party, in order to give those providing good reviews an informal opportunity to communicate good things to those departments that have not yet been affected by the project. At the party, the project manager walks around to try to discover any relevant information that would help the project be more successful. He happens to hear a manager of one of the departments talking about setting up more regular meetings on the project. The BEST thing for the project manager to do would be to FIRST:

1. Record the effectiveness of the part in the project lessons learned.
2. Review the information distribution methods on the project.
3. Hold a meeting of all the stakeholders to discuss their concerns.
4. Make sure the manager has a copy of the communications management plan so he is reminded that such concerns should be sent to the project manager.

Q8. If a project manager believes that a particular subcontract needs to be terminated, which of the following can provide guidance on the contract termination procedure?

1. The contract termination procedures in the organizational process assets
2. The termination clause of the specific subcontract
3. The change control procedures in the project management plan
4. The contract termination procedures in the project procurements management plan

Q9. What is another name for the waiting time between two activities?

1. Free float
2. Total float
3. Lag
4. CPM

Q10. You took over a project from an individual who was fired. You are reading the project documentation and find that five managers signed the project charter. What should be your primary concern at this time?

1. Determining reporting structure
2. Communicating in a matrix organization
3. Getting a single sponsor
4. Identifying who can represent the project for change control