Project Management Question Bank
for Exam preparation

Q2. Which of the following is not a Risk Diagramming technique?

1. Influence diagrams
2. Control charts
3. Decision trees
4. Tornado diagram

Q3. Your project is complete and the product is ready to be delivered. The client inspects the deliverable and accepts it. What process is this?

1. Close procurement
2. Close project
3. Validate scope
4. Verify scope

Q4. In the procurement process, the seller may be viewed initially as a bidder, then as the selected source, and then as the contracted supplier. The seller will typically manage the work as a project. In such an instance, which of the following is not true?

1. The buyer becomes the customer and is then a key project stakeholder for the seller.
2. Terms and conditions of the contract become key inputs to many of the seller’s management processes (ex: major deliverables, key milestones, cost objectives).
3. There need not be a contractual relationship between the buyer and the seller.
4. The seller’s project management team is concerned with all the processes of project management and not just procurement management.

Q5. As project manager o a project, you just handled a risk event that impacted the project cost and schedule. Because the impact is 15 percent total project cost, what is the MOST appropriate action?

1. Control the cost
2. Inform the appropriate stakeholders
3. Act to bring the cost of the event within acceptable limits
4. Update the project budget.

Q6. You are doing business in a foreign country and you are advised by your local contact that it will be necessary to make payments to certain officials in order to get the contract. Such payments are expected in another country, but are illegal for people from your country. What should you do?

1. Have the local contact make the payments.
2. Refuse to make the payment and hope to get the contract solely based on your company’s abilities.
3. Call your government officials and ask for direction.
4. Amend your price increasing the cost to reflect the payments to be made to local officials.

Q7. Five of the seven phases on the project contain work that is substantially similar. What MUST the project manager do?

1. See what can be done to make sure the work is carefully reworded to remove the similarity
2. Make sure the same resource completes all the similar work packages.
3. Plan in continuous improvement activities
4. Make sure the first and last of these work packages is scheduled close in time to each other

Q8. The work breakdown structure can be BEST thought of as an effective aid for _________ communications.

1. Team
2. Project manager
3. Customer
4. Stakeholder 13

Q9. A project manager’s scope management efforts are being audited. The cost performance index (CPI) on the project is 1.13, and the benefit cost ratio (BCR) is 1.2. The project scope was created by the team and stakeholders. Requirements on the project have been changing throughout the project. No matter what the project manager has tried to accomplish in managing the project, which of the following is he MOST likely to face in the future?

1. Having to cut costs on the project and increase benefits.
2. Making sure the customer approved the project scope
3. Not being able to measure completion of the product of the project.
4. Having to add resources to the project.

Q10. During every project team meeting, the project manager asks each team member to describe the work he or she is doing, and the project manager assigns new activities to team members. The length of these meetings has increased because there are many different activities to assign. This could be happening for all of the following reasons EXCEPT:

1. Lack of a WBS
2. Lack of a responsibility assignment matrix.
3. Lack of resource leveling
4. Lack of team involvement in project planning.