Project Management Question Bank
for Exam preparation

Q2. What is the primary risk when including reserves, or contingency allowances, in your cost estimate?

1. Cancelling your project
2. Understating the cost estimate
3. Overstating the cost estimate
4. Tracking the funds

Q3. Which of the following processes involves creating a coherent, consistent document that can be used to guide all the work in both project executing and project monitoring and controlling?

1. Risk management
2. Develop Project Management Plan
3. Develop Project Scope Statement
4. Plan Quality Management

Q4. The project charter is a document which initiates the project, establishes your authority and contains some high-level information. Which of the following information will not be included in the project charter?

1. Project purpose
2. High-level requirements
3. High-level risks
4. Name of the competitor

Q5. You are in the Validate Scope process of your electronic goods manufacturing project. While reviewing some products, you have noticed that the tolerance for one product is 0.01 percent less than what was listed in the requirements documentation. This deviation may not be a problem for the customers, and it may not impair the product’s operation. What is your best immediate action in such a situation?

1. Notify the stakeholders about the deviation
2. Change the project management plan to allow for small deviation
3. Reject all products and restart the project
4. Discuss with your team about the quality testing

Q6. As a project manager, you are in the process of preparing the project schedule for the project. Which of the following accurately depicts the sequence of your activities before you began to prepare the project schedule?

1. Sequence Activities, Estimate Activity Durations, Develop Schedule
2. Sequence Activities, Estimate Activity Durations, Define Activities
3. Estimate Activity Durations, Sequence Activities, Develop Schedule
4. Define Activities, Estimate Activity Durations, Sequence Activities

Q7. A project manager is in the process of scope verification of a deliverable with the customer. What is the MOST important thing the project manager should ensure?

1. Accuracy
2. Timeliness
3. Acceptance
4. Completeness 7

Q8. Project performance appraisals are different from team performance assessments in that project performance appraisals focus on:

1. How an individual team member is performing on the project
2. An evaluation of the project team’s effectiveness
3. A team building effort
4. Reducing the staff turnover rate.

Q9. A particular stakeholder has a reputation for requesting many changes on projects. What is the BEST approach a project manager can take at the beginning of the project to manage this situation?

1. Say "No" to the stakeholder a few times to dissuade him from submitting more changes.
2. Get the stakeholder involved in the project as early as possible.
3. Talk to the stakeholder's boss to find ways of directing the stakeholder's activities to another project.
4. Ask that the stakeholder not be included in the stakeholder listing.

Q10. All of the following are parts of an effective change management plan EXCEPT:

1. Procedures
2. Standards for reports
3. Meetings
4. Lessons learned