Project Management Question Bank
for Exam preparation

Q2. The Code of Ethics and Professional Conduct has as its foundation four values identified by practitioners from the global project management community. They are:

1. Respect, fairness, transparency, and freedom
2. Responsibility, transparency, fairness, and honesty
3. Respect, freedom, honesty, and transparency
4. Responsibility, respect, fairness, and honesty

Q3. The output of the Validate Scope process is accepted deliverables that are formally signed off by the stakeholders. The stakeholders, on some projects, can get involved with the project as early as:

1. During the project initiation
2. During the project planning
3. During the project execution
4. During the project monitoring & controlling

Q4. A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised?

1. At the beginning, middle, and end of a project
2. Once a month
3. Project charter is usually not updated during the course of the project.
4. As required by the PMO

Q5. Which of the following helps determine the probability of completing a project on any specific day?

1. Network diagram.
2. Monte Carlo analysis.
3. Qualitative risk analysis.
4. Precision testing.

Q6. You are working on a large construction project that is progressing within the baselines. Resource usage has remained steady, and your boss has just awarded you a prize for your performance. One of your team members returns from a meeting with the customer and tells you that the customer is not happy with the project progress. What is the FIRST thing you should do?

1. Tell your manager
2. Complete a team building exercise and invite the customer’s representatives
3. Change the schedule baseline
4. Meet with the customer to uncover details.

Q7. You are constructing an office building. The cost of this project is 200,000 USD, and the duration of the project is 8 months. During the performance review in the sixth month, you find that 65% of the work is completed and the cost performance index is 1.3. The Planned Value (PV) will be:

1. 150,000 USD
2. 130,000 USD
3. 70,000 USD
4. 266,666 USD

Q8. Dana works for a federal agency that manages mission critical projects. As a project manager, she is responsible for all communication needs in her data center project, which has started recently. This project involves many stakeholders, customers, external vendors, and team members. Since conflicts are inevitable in such a massive project, she has decided to provide her project team the details of the issue escalation process, including the names of the chain of command to refer issues to that cannot be resolved at a lower level. Where must Dana document the escalation process?

1. The project charter
2. The communications management plan
3. The issue log
4. The project scope document

Q9. The project team is working on an important and complex project that requires a lot of coordination. Under these circumstances, the BEST strategy is to:

1. Have a war room
2. Hire a contractor
3. Hold more meetings to get the word out
4. Gain extra assistance from management

Q10. The method used in the Manage Quality process to identify the factors that may influence specific characteristics of a product under development is:

1. The forecasting technique
2. The control chart
3. The statistical sampling
4. Design for X