Project Management Question Bank
for Exam preparation

Q2. Due to a tight project schedule, a project manager did not document lessons learned throughout the project cycle. However, at the end of the project, he finally documented the lessons learned. Your comment on this is:

1. This is not OK. Lessons learned must be documented throughout the project as well as at the end of the project.
2. This is OK. Lessons learned should be documented at the end of the project.
3. This is not OK. Lessons learned need to be documented throughout the project and must not be done at the project’s end.
4. This is correct. Lessons learned are intended to be documented only at the project’s end.

Q3. Project risks should be identified by:

1. Those invited to the risk identification process only
2. Key project stakeholders only
3. The project manager only
4. All project personnel

Q4. You are building a dam for a state government. Your organization is considered a specialist in dam design and overall management of construction activities. However, your organization lacks resources to execute the earth-works involved. You have subcontracted all the project’s earth-works to a local subcontractor. The quality of the subcontractor’s work is acceptable, but the subcontractor is not conforming to your organization’s health and safety standards. You escalated this to the subcontractor’s project manager, but he turned down your request. The subcontractor’s project manager is of the view that the request is out of the contract’s scope and none of the contract provisions require him to conform to your organization’s standards. You are agitated since you believe health and safety standards are globally accepted, and the contract does not have to explicitly state them. Further, according to the state law, you cannot terminate the contract since the subcontractor has not vio

1. Go for judicial arbitration as stated in the contact’s ADR provisions
2. Terminate the contract immediately since you will not compromise health and safety standards
3. Withhold the subcontractor’s payments to force compliance
4. Negotiate a contact amendment with the subcontractor requiring compliance to the standards

Q5. Which of the following processes are usually performed once or at predefined points in the project:

1. “Develop Project Charter” and “Close Project or Phase”
2. “Develop Project Charter” and “Develop Project Management Plan”
3. “Develop Project Management Plan” and “Direct and Manage Project Work”
4. “Direct and Manage Project Work” and “Monitor and Control Project Work”

Q6. Which of the following scenarios is likely to occur in a project?

1. Cost and staffing levels are low at the start of the project.
2. Stakeholders' influence on the project is lowest at the start of the project.
3. Risk and uncertainty are lowest at the start of the project.
4. Cost of changes are the highest at the start of the project.

Q7. Which of the following is the BEST thing to do to try and complete a project two days earlier?

1. Tell senior management that the project’s critical path does not allow the project to be finished earlier
2. Tell your boss
3. Meet with the team and look for options for crashing or fast tracking the critical path.
4. Work hard and see what the project status is next month

Q8. One of the performance requirements of a company website development project is that the home page should load in one second. Such performance requirements are usually part of:

1. Business needs
2. Business requirements
3. Project management requirements
4. Product requirements

Q9. Which motivational theory says that what motivates people is the work itself, including such things as responsibility, self-actualization, and professional growth?

1. Maslow
2. Deming
3. McGregor
4. Herzberg.

Q10. Which of the following is a TRUE statement about a risk rating matrix?

1. It should be changed for every product
2. It should never be used on a large project
3. It should be standardized between projects
4. It should be developed by the project manager.