Project Management Question Bank
for Exam preparation

Q2. During project executing, a large number of changes are made to the project. The project manager should:

1. Wait until all changes are known and print out a new schedule
2. Make sure the project charter is still valid
3. Change the schedule baseline
4. Talk to management before any changes are made

Q3. You are working in an organization where the work group arrangement is flexible, team members work side by side, and you have little authority. What type of organizational structure is this?

1. PMO
2. Functional
3. Weak Matrix
4. Organic

Q4. Your cost forecast shows that you will have a cost overrun at the end of the project. Which of the following should you do?

1. Eliminate risks in estimates and re-estimate.
2. Meet with the sponsor to find out what work can be done sooner.
3. Cut quality.
4. Decrease scope.

Q5. A new store development project requires the purchase of various equipment, machinery, and furniture. The department responsible for the development recently centralized its external purchasing process and standardized its new order system. In which document can these new procedures be found?

1. Project scope statement
2. WBS
3. Staffing management plan
4. Organizational policies

Q6. You have received a proposal for an RFP that was sent to vendors. One of the vendors has proposed doing the project for $12,500. The cost for the project is $10,000, and their profit will be $2,500. Which type of contract is most suitable if the type of work is predictable and the requirements are well-defined and not likely to change?

1. Cost Plus Fixed Fee
2. Cost Plus Percentage of Cost
3. Fixed price
4. Cost Plus Incentive Fee

Q7. At a critical milestone in development project, it is determined that implementation is two months behind schedule. The project manager is concerned that the root cause is lack of conformance to requirements in the design of the new billing system. More extensive measurements are taken to see if this is, in fact, the problem. Such measurements are:

1. Not needed. The schedule should be compressed
2. An example of Control Quality
3. Not going to show why the schedule is delayed
4. Part of integrated change control.

Q8. The Make-or-Buy analysis is a technique used as part of the Plan Procurement Management process. It can determine whether the project team can produce a particular product or service, or if it should be purchased. The analysis to arrive at a decision should include:

1. Indirect costs only
2. Direct as well as Indirect costs
3. Direct costs only
4. Staffing costs only

Q9. You are sitting with your team members and experts in a room and defining the definition of probability of events occurring and the impact. What process is this?

1. Identify risks
2. Perform qualitative risk analysis
3. Plan risk management
4. Plan risk responses

Q10. A project manager says to a team member, “If you cannot complete this activity according to the quality standards you set in place, I will remove you from the team that is going Venezuela for the milestone party with the customer.” What form of power is the project manager using?

1. Reward power
2. Formal power
3. Penalty power
4. Referent power