Project Management Question Bank
for Exam preparation

Q2. A project manager has some authority to manage the budget; however, he does not have any full-time employees under him. In what type of organization is he working?

1. Strong matrix
2. Weak matrix
3. Balanced matrix
4. Projectized

Q3. As part of your resource management plan, you have created a chart indicating the number of hours (Y-axis) that a senior programmer will be working over the months (X-axis) of the project. This is an example of a:

1. Pareto Chart
2. Ishikawa Diagram
3. Resource Histogram
4. Staff Acquisition Chart

Q4. You are a project manager working on a project to create high-efficiency electric motors for a company introducing a new electric golf cart. Your company’s president is keenly interested in the project and requests a chart that shows the number of defects by type ordered by their frequency of occurrence. Which type of chart would BEST meet this request?

1. Histogram
2. Control chart
3. Statistical sampling
4. Scatter diagram

Q5. Project A has an internal rate of return (IRR) of 21 percent. Project B has an IRR of 7 percent. Project C has an IRR of 31 percent. Project D has an IRR of 19 percent. Which of these would be the BEST project?

1. Project A
2. Project
3. Project C
4. Project D 8

Q6. Project knowledge management is concerned with managing which type of project knowledge?

1. Both “explicit” and “tacit” knowledge
2. “Explicit” knowledge; as this can be readily codified
3. “Tacit” knowledge; as this is difficult to express
4. “Tacit” knowledge; as this involves beliefs, insights, experience and “know-how”

Q7. Identify stakeholders is a process where you identify stakeholders for your project. Which of the following statements is not true regarding this process?

1. This process happens throughout the project
2. This process happens in the planning phase
3. This process happens in the executing phase
4. This process is started only when the project charter is signed

Q8. As part of tracking a project, a project manager is validating the completion of project scope. He or she would measure this against:

1. Requirements traceability matrix
2. The Project Management Plan
3. The Project Charter
4. The requirements management plan

Q9. A definitive estimate is:

1. A level of estimating that can be achieved without a team’s help.
2. Created during the initiating process group.
3. Within a range of -10 percent to +25 percent of actual.
4. The most expensive to create.

Q10. You are new to project management, but you have been managing a small project successfully. Now, management has given you another project to manage, something you are excited about. However, the new project is growing exponentially every day. You have also learned that a project manager you work with managed a similar project last year. What should you do?

1. Wait to see if the scope of the project continues to grow
2. Get the project assigned to the PM who managed the similar project
3. Obtain historical records and get guidance from the project manager
4. Speak to the other project manager to develop your project plans