Project Management Question Bank
for Exam preparation

Q2. Due to an improper cost management plan, you are over budget and a new estimate is required to complete the project. Management asks you what the new estimate for the project will be. Which of the following formulas is not used to find this new estimate?

1. BAC / CPI
2. AC + (BAC – PV)
3. AC + (BAC – EV)
4. AC + (BAC – EV) / (CPI * SPI)

Q3. A project manager has been instructed to use the project charter to help identify risks on the project. This does not make sense to him. If you were asked to explain the reason the project charter is used in this way, what is the BEST explanation?

1. The project charter describes the business needs of the project
2. Reviewing what is said and not said in the project charter will help determine risks.
3. The project charter is issued by the sponsor
4. Reviewing the project charter will help determine a description of the product of the project.

Q4. A project manager’s project has just been dropped to a lower priority on the list on his department’s prioritize projects. It would be BEST for the project manager to:

1. Let the customer know that the project schedule will need to slip.
2. Use some of the management reserve to accommodate the change.
3. Start cutting wok packages.
4. Gain more resources.

Q5. Sam’s project has successfully been initiated, and all the major roadblocks are removed. The senior stakeholders have now switched from a leading role to a supportive role. What is Sam’s next step once the first version of the project stakeholder register is developed?

1. Execute the stakeholder engagement strategy as laid out in the stakeholder register
2. Start the stakeholder identification process
3. Finalize the project management plan before developing the stakeholder engagement strategy
4. Start the development of the Stakeholder Engagement Plan

Q6. A management control point where scope, budget and schedule are integrated and compared to earned value for performance measurement is a:

1. Code of accounts
2. Control packages
3. Control account
4. Account Plan

Q7. Who is primarily responsible for the dissemination of the approved project charter and for ensuring that all key stakeholders have a common understanding of the project’s key deliverables and milestones?

1. Project sponsor
2. Project team
3. Project manager
4. Project client

Q8. You have just been assigned as the project manager for a new telecommunications project that is entering the second phase of the project. There appear to be many risks on this project, but no one has evaluated them to assess the range of possible project outcomes. What needs to be done?

1. Plan Risk Management
2. Perform Quantitative Risk Analysis
3. Plan Risk Responses
4. Control Risks.

Q9. Identification of new risks, reassessment of old risks, and closing of outdated risks are part of the Monitor Risks process. How often should project risk reassessment be scheduled?

1. It depends on how the project progresses relative to its objectives.
2. Reassessment is necessary at the 50 percent and 75 percent stages of project completion.
3. Reassessment is necessary at the 25 percent, 50 percent, and 75 percent stages of project completion.
4. Reassessment is necessary at the 20 percent, 40 percent, 60 percent and 80 percent stages of project completion.

Q10. Which of the following interpersonal skills is of prime importance during the collection and analysis of stakeholders’ needs and expectations?

1. Trust building
2. Conflict resolution
3. Overcoming resistance
4. Active listening