Project Management Question Bank
for Exam preparation

Project Management- Q2. At the end of a project, what will your schedule variance be equal to?

1. Zero
2. Equal to the total PV
3. One
4. Equal to the total EV

Project Management- Q3. A project manager was assigned to a project when the project charter was in development. Which of the following is an input that the project manager will use to develop the project charter?

1. Make-or-Buy analysis
2. Organizational Process Assets
3. Project Acceptance Criteria
4. Project Scope Statement

Project Management- Q4. Which of the following can NOT be used to measure business value?

1. Customer satisfaction
2. Revenue growth
3. Market share
4. Expected monetary value

Project Management- Q5. During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:

1. Let the sponsor know of the stakeholders’ request
2. Evaluate the impact of adding the scope
3. Tell the stakeholders the scope cannot be added
4. Add the work if there is time available in the project schedule

Project Management- Q6. Projects are often started as a result of an external factor such as market demand for a new product, a new legislative or regulatory mandate, or a change in technology. This results in the creation of ______ by an entity or organization external to the project.

1. The project charter
2. The WBS
3. The project budget
4. The RACI chart

Project Management- Q7. Three items from the issue log have been assigned to a team member. However, no action has been taken by the agreed-upon due date. After three calls to the team member, the work is finally completed. Which of the following is the BEST preventive action to take NOW?

1. Remove the team member from the team if possible
2. Meet with the team member to uncover the reasons why there were problems
3. Make sure the action item list is distributed to all the right parties
4. Make sure items assigned in the action item list are accepted by the team members they are assigned to.

Project Management- Q8. You have been hired as a consultant for a project that is in trouble. You meet the project manager and ask several questions regarding the project budget, the project end date, etc. The project manager was not able to answer some of these questions properly, so you decided to verify them yourself. What document will you refer to in order to verify such facts?

1. Project management plan
2. Cost and schedule baselines
3. Project charter
4. Performance report

Project Management- Q9. Theory X postulates that people:

1. Are motivated by pay
2. Have expectations
3. Need to be watched every second
4. Can direct their own efforts.

Project Management- Q10. An increase in quality can result in increased productivity, increased cost effectiveness, and:

1. Decreased cost risk
2. Decreased morale
3. Lower customer satisfaction
4. Increased risk.