Project Management Question Bank
for Exam preparation

Q2. Project performance measurements assess the magnitude of variation from the original cost baseline. Once the degree of cost variation is known, what step is performed next?

1. Audit the project team
2. Upgrade the configuration management database with new controls.
3. Replanning
4. Perform root cause analysis of the variance’s cause relative to the cost baseline

Q3. To demonstrate your product, you develop a small functional model of your real product and show to your stakeholders to get their feedback. This model is known as:

1. Simulation
2. Sampling
3. Prototype
4. None of the above

Q4. You are reviewing the expense reports for one of your team members when you notice a payment he made in another country. You think the payment is a bribe. What is your FIRST course of action?

1. Seek legal advice.
2. Contact the payee in the other country and ask if the payment was a bribe.
3. Ignore the problem. It is in the past
4. File a permit authorizing the team to make such payments.

Q5. You provide a project cost estimate for the project to the project sponsor. He is unhappy with the estimate because he thinks the price should be lower. He asks you to cut 15 percent off the project estimate. What should you do?

1. Start the project and constantly look for cost savings
2. Tell the team members to cut 15 percent from their estimates
3. Inform the sponsor of the activities to be cut
4. Add additional resources with low hourly rates.

Q6. Which of the following is NOT a reason to measure variances from the baseline?

1. To catch deviations early
2. To allow early corrective action
3. To determine if there are any wild fluctuations
4. To create a project control system

Q7. Which of these is not a data gathering technique used in the Identify Risks process?

1. Interviewing
2. Checklists
3. Brainstorming
4. Delta technique

Q8. What does a staffing management plan describe?

1. When and how resources will be added and taken off the team
2. How resources will be leveled
3. What resources will be used on the project
4. The responsible organization for each work package

Q9. Co-location can help with:

1. Bringing customers together
2. Building a team
3. Decreasing project rental costs
4. Decreasing project time.

Q10. As the Project Manager for Midway Carnival Rides, you are beginning the Define Scope process. Which of the following is a key input to this process?

1. Project Scope Statement
2. Expert Judgment
3. Project Charter
4. WBS