Project Management Question Bank
for Exam preparation

Q2. The customer’s expectations for quality are shown on a control chart as the:

1. Mean
2. Specification limits
3. Rule of seven
4. Upper and lower control limits

Q3. You are developing the project management plan. Management asks you to provide them with information on the chances of completing the project under different circumstances. The project is important and so management does not want to delay the schedule. You compile the data and use a tool and tell management that there is a 90% chance you can complete the project within the schedule, however, if you are given three weeks of extra time, the chance of completing project rises to 98%. Which of the following statements is true about the tool you have used to come up with this information?

1. It is a perform qualitative risk analysis process technique
2. It is a perform quantitative risk analysis process technique
3. It is a control quality process technique
4. It is a technique of the determine budget process

Q4. You are a project manager for a large consulting firm. Your superior has just asked for your input on a decision about which project your company should pursue. Project A has an internal rate of return (IRR) of 12 percent. Project B has a predicted cost ratio (BCR) of 1.3. Project C has an opportunity cost of US $75,000. Project D has a payback period of six months. If you had to choose based on this data, which project would you select?

1. Project

Q5. Which of the following is not an example of a work performance report?

1. Status report
2. Project charter
3. Progress report
4. Project dashboard

Q6. A plan for establishing the criteria for developing and controlling the project schedule is BEST described as part of the:

1. Schedule management plan
2. Schedule model
3. Activity attributes
4. Schedule network analysis

Q7. Calculation of late finish dates and late start dates for the uncompleted portion of the project is called ____________.

1. Schedule compression
2. An arrow diagram
3. A backward pass
4. A forward pass

Q8. You open a new hotel in Malaysia. You are new to this area and do not have experience in catering services. You are discussing whether you should provide your own catering service for your customers or to outsource it from another caterer who is experienced. They are guaranteeing their service and ready to accept a fine if they fail to serve your customers in a timely manner. Since their offer is lucrative, you decline starting your own catering service for customers and accept their offer. What kind of risk response strategy is this?

1. Accept
2. Avoid
3. Transfer
4. Exploit

Q9. All of the follow are correct statements about a project manager EXCEPT:

1. He or she is assigned after the project chart is created.
2. He or she may initiate changes to the project
3. He or she manages changes and factors that create change
4. He or she is held accountable for project success or failure.

Q10. Project success is all about managing stakeholders efficiently and fulfilling their requirements. To keep them satisfied you will have to compare the current engagement level of all stakeholders with the planned stakeholder engagement throughout the project life cycle. As per the PMBOK Guide Sixth Edition, which option is not an engagement level of stakeholder classification?

1. Resistant
2. Neutral
3. Aggressive
4. Supportive