Project Management Question Bank
for Exam preparation

Project Management- Q2. Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do?

1. Do nothing.
2. Offer to review all your manager's combined status reports before he presents them.
3. Notify the appropriate management immediately.
4. Ask your manager if that information was simply a typographical error.

Project Management- Q3. What percent of time do project managers spend communicating?

1. 90%
2. 20%
3. 70%
4. 25%

Project Management- Q4. Which of the following processes deals with maintaining the integrity of baselines by releasing only approved changes for incorporation into the project management plan?

1. Perform Integrated Change Control
2. Direct and Manage Project Work
3. Develop Project Management Plan
4. Monitor and Control Project Work

Project Management- Q5. The six-month project has 300 work packages and a US $600,000 budget. Three months into the project 150 work packages are complete and US $300,000 has been spent. Which of the following is CORRECT?

1. The project is on time and on budget
2. The project manager should reevaluate cost performance but not worry about time.
3. The project needs 50 more work packages to be completed to be on time.
4. There is not enough information

Project Management- Q6. All of the following are used in quality management EXCEPT:

1. Marginal analysis
2. Selected sellers
3. Standard deviation
4. The Delphi technique.

Project Management- Q7. A project manager is concerned about the amount of gold plating that has occurred on past projects. All the following would NOT be of use in controlling gold plating EXCEPT:

1. A staffing management plan
2. A project charter
3. A work breakdown structure dictionary
4. A risk management plan

Project Management- Q8. Senior management asks the project manager how the project would be affected if two resources were removed from the project. To calculate a response, the project manager should complete:

1. Resource leveling
2. What-if scenario analysis
3. Schedule compression
4. Fast tracking

Project Management- Q9. While preparing your risk responses, you identify additional risks. What should you do?

1. Add reserves to the project to accommodate the new risks and notify management.
2. Document the risk items and calculate the expected monetary value based on probability and impact that result from the occurrences.
3. Determine the risk events and the associated cost, and then add the cost to the project budget as a reserve.
4. Add a 10 percent contingency to the project budget and notify the customer.

Project Management- Q10. The buyer asks the project manager for the status of the project that his team is working on. What is the BEST way to determine the status of a project?

1. Compare the project performance against the project baselines
2. Compare the earned value to the planned value
3. Compare the project performance against the integrated change control plan.
4. Compare the number of people used on each work package to the planned number to be used.