Project Management Question Bank
for Exam preparation

Q2. Acceptance is a strategy adopted because it is not possible to eliminate all risks from a project. This strategy indicates that the project management team has decided not to change the project management plan to deal with a risk. What action does passive acceptance require?

1. Passive acceptance is no longer adopted in projects and is a poor project management practice.
2. Passive acceptance requires no action except to document the strategy and come up with a risk management strategy.
3. Passive acceptance requires no action.
4. Passive acceptance requires no proactive action except periodic review of the threat.

Q3. Your department is currently working on four urgent projects when it is assigned a major new project. To staff the new project, one of the four urgent projects needs to be terminated. The benefit cost ratios (BCR) for the four projects are listed. Which would you select for termination?

1. 0.8
2. 1.1
3. 0.9
4. 1.9

Q4. The Control Procurements process receives a very important input from the Direct and Manage Project Work process. Which one is it?

1. Approved change requests
2. Work performance data
3. Procurement documents
4. Agreements

Q5. A project manager is working on his first project with outside sellers. He is familiar with project change control systems but not contract change control systems. In explaining how a contract change control system differs from a project change control system, it is BEST to point out that a contract change control system:

1. Includes procedures
2. Includes trend analysis
3. Requires more sign-offs
4. Requires less documentation.

Q6. A team of seven people adds two more people to the team. How many communication channels are there now?

1. 9
2. 36
3. 18
4. 81

Q7. In your project you identified a risk; there is a chance you may lose a critical employee. You have identified an employee from another project to bring into your project if your team member leaves you. However, this employee is known for his bad behavior and creating trouble for other employees. In a monthly risk review, a stakeholder asks you what your strategy will be if this new team member creates a problem for you. You assured him that you are aware of it and you also have a plan for it. What kind of risk is the stakeholder discussing with you?

1. Residual risk
2. Secondary risk
3. Uncertainty
4. Primary risk

Q8. A stakeholder's mental picture or belief about the future is:

1. A Requirement.
2. A Heuristic.
3. An Expectation.
4. A Constraint.

Q9. The project was going well until the director of marketing discovered that two of her staff members were working different versions of the sampling plan, a product of your project. Which of the following BEST describes what needs the attention of the project manager on this project?

1. Stakeholder management
2. Resource allocation
3. Staffing management plan
4. Configuration management

Q10. Large variations in the periodic expenditure of funds are undesirable for organizational operations. Therefore, the expenditure of funds is frequently reconciled with the disbursement of funds for the project. According to the PMBOK, this is known as:

1. Disbursement Reconciliation
2. Expenditure Reconciliation
3. Budget Reconciliation
4. Funding Limit Reconciliation