Project Management Question Bank
for Exam preparation

Q2. The project manager has had some difficulty in getting the team to complete work efforts but he feels that the changes he made to the reward system will fix the problem. The number of stakeholders on the project has grown by 20 percent and the number of activities being completed late is growing. The project manager has heard from management that the project might become a higher priority if their competition comes out with a new product that uses wireless technology. Based on this, it would be BEST for the project manager to:

1. Re-estimate the activities and prepare to create a new schedule
2. Perform configuration management
3. Recreate the project work authorization system
4. Better respond to risk event triggers 30

Q3. Allocating ownership of a risk to a third party who is best able to capture the opportunity is an example of ________ the risk.

1. Sharing
2. Enhancing
3. Exploiting
4. Accepting

Q4. 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

Q5. Which of the following statements is correct?

1. A collection of unrelated programs can constitute a portfolio.
2. The scope of a portfolio is typically smaller than that of a program.
3. A program is a group of unrelated projects.
4. A program need not consist of projects.

Q6. In which of the following situations would it be better to avoid using Analogous Estimating?

1. When the project team members have the needed expertise
2. When an accurate estimate is required
3. When a low value estimate is required
4. When the previous activities are similar in fact and not just appearance

Q7. After the kickoff meeting, two team members engage in a casual conversation about the project objectives and deliverables. It is clear they heard different messages during the meeting. One team member is so adamant that the other team member give up arguing the point. After talking to the project manager, the second team member confirms that the first team member is mistaken. At this point, what is the BEST course of action?

1. The second team member should send the other team member an e-mail describing what he discovered.
2. At the next project meeting, the team member should ask the mistaken team member to describe his interpretation so the project manager can get everyone on the same page.
3. The project manager should send out an e-mail to the team restating the project objectives and deliverables.
4. At the next project meeting, the project manager should spend time reviewing the documented project scope statement for the purpose of identifying this and other false assumptions.

Q8. After brainstorming potential project risks, what is the recommended method for prioritizing these risks and their mitigation plans?

1. RACI chart
2. Control chart
3. Fishbone diagram
4. Probability and impact matrix

Q9. You are a project manager on an international project of great importance to the client. The client is from another country and is so excited by how well the project is going that he presents you with a company automobile for your personal use. The BEST thing for you to do would be:

1. Thank him and offer a gift in exchange
2. Politely turn down the gift
3. Ask that the gift be exchanged for something that can be shared by the team
4. Ask for a gift that can be used up before you return home

Q10. The client needs a small modification in the project scope, and he discusses it with you. He has told you that this may not increase the cost and may actually save some money. What will your next step be?

1. Approve it
2. Reject it
3. Review it
4. Discuss it with the management