Project Management Question Bank
for Exam preparation

Q2. Assuming that the ends of a range of estimates are +/- 3 sigma from the mean, which of the following range estimates involves the LEAST risk?

1. 30 days, plus or minus five days
2. 22 – 30 days
3. Optimistic = 26 days, most likely = 30 days, pessimistic = 33 days
4. Mean of 28 days.

Q3. Tom is managing a software development project. The buyer of the product is an external entity. During the project’s execution, Tom finds that a new operations manager was hired in the customer organization. The new manager is now a key stakeholder. Which of the following documents is least likely to be updated because of the addition of this new stakeholder?

1. Stakeholder register
2. Risk register
3. Stakeholder engagement plan
4. Issue log

Q4. Originally a project has seven activities: A, B, C, D, E, F, and G. Activities A, B, and D can start anytime. Activity A takes three weeks, activity B takes five weeks, and activity D takes 11 weeks. Activities A and B must be completed before activity C can start. Activity C takes six weeks to complete. Activities B, C, and D must be completed before activity E can start, and activity E takes two weeks. Activity F can start as soon as activity C completes and has duration of four weeks. Activity G takes three weeks and cannot start until activity E is completed. Activities F and G must be completed for the project to be completed. However, during project executing, a dependency was discovered between activities E and F. What is the BEST thing to do?

1. Tell management that the project will take longer than 18 weeks.
2. Redo schedule development
3. Call a team meeting and determine if crashing or fast tracking are possible solutions to meeting the original schedule
4. Call a meeting of stakeholders and communicate schedule risks.

Q5. The accuracy of Activity Duration estimates can be improved by considering the amount of risk in the original estimate. The three types of estimates on which three-point estimates are based are:

1. Budgetary, ballpark, and Order of Magnitude
2. Best case scenario, expected scenario, and current scenario
3. Most likely, likely, and unlikely
4. Most likely, optimistic, and pessimistic

Q6. Your project is delayed because of some regulatory issues and the client has asked you to stop the work until he gets government clearance. The project team members are afraid that the project may be terminated early and you may need to enter into the close project process. In which of the following cases will you not perform the close project or close phase process?

1. When the project is terminated due to cost overrun
2. When the project is terminated due to schedule overrun
3. The client decided to terminate the project
4. None of the above

Q7. Near the end of your last project, additional requirements were demanded by a group of stakeholders when they learned they would be affected by your project. This became a problem because you had not included the time or cost in the project management plan for these requirements. What is the BEST thing you can do to prevent such a problem on future projects?

1. Review the WBS dictionary more thoroughly, looking for incomplete descriptions.
2. Review the project charter more thoroughly, examining the business case for “holes.”
3. Do a more thorough job of procurement planning.
4. Pay more attention to stakeholder management.

Q8. You are a project manager for Groceries ’R’ Us, a supermarket chain, and are currently working on a project to build a new outlet. The planned values (PV) for the foundation and the frame were $150,000 and $500,000. After five months, you do a performance measurement analysis. You are currently not ahead of schedule. The actual costs for the foundation and frame were $175,000 and $650,000. At this point, 100 percent of the foundation is complete, and only 80 percent of the frame is complete. Which value represents the cost performance index (CPI) to two decimal places at this point in the project?

1. 0.84
2. 1.5
3. 0.67
4. 1.19

Q9. 20 percent of the work was completed in a project. At this stage, the project manager determined that the budget at completion (BAC) was no longer viable and developed a forecasted estimate at completion (EAC). What index can the project manager use to look at the calculated projection of cost performance that must be achieved on the remaining work?

1. Schedule Performance Index (SPI)
2. Cost Performance Index (CPI)
3. Cost Variance (CV)
4. To-Complete Performance Index (TCPI)

Q10. Sheila is a project manager who manages a global project. She has stakeholders located in various parts of the globe. Due to the nature of the project, she also has large volumes of information she needs to share with the recipients. What type of communication method should she prefer for this purpose?

1. Pull communication
2. Push communication
3. Request-based communication
4. Interactive communication