Project Management Question Bank
for Exam preparation

Q2. A project manager believes that modifying the project scope may provide added value for the customer. What should the project manager do?

1. Change the scope baseline
2. Contact the customer to determine if the change adds value
3. Call a meeting of the change control board
4. Change the project’s objectives.

Q3. During the execution phase, some equipment fails; the risk owner implements the contingency plan and brings in new equipment immediately from an identified supplier. This is an example of:

1. Unknown risk
2. Known risk
3. Secondary risk
4. Residual risk

Q4. Near the end of your last project, additional requirements were demanded by a group of stakeholders when they learned they would be affected by your project. This became a problem because you had not included the time or cost in the project management plan for these requirements. What is the BEST thing you can do to prevent such a problem on future projects?

1. Review the WBS dictionary more thoroughly, looking for incomplete descriptions.
2. Review the project charter more thoroughly, examining the business case for “holes.”
3. Do a more thorough job of procurement planning.
4. Pay more attention to stakeholder management.

Q5. A control chart indicates the last 12 weights produced were outside the upper control limit. What should the project manager do?

1. Stop production
2. Work to better meet ISO 9000 standards
3. Look for the non-random causes for the variations
4. Plan to rework the 12 weights

Q6. Which of the following is true of the Estimate Activity Durations process?

1. Estimates should always indicate the range of possible results
2. Estimates should be made by resource managers in order to increase the accuracy of the estimates.
3. Historical information is too old to use in estimating
4. Critical paths should be taken into account when an activity is first estimated.

Q7. The sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The buyer points out that the performing organization spent a lot of money hiring a design team to come up with the design. The project manager is concerned that the risk for the buyer be as small as possible. An advantage of a fixed price contract for the buyer is:

1. Cost risk is lower
2. Cost risk is higher
3. There is little risk
4. Risk is shared by all parties.

Q8. Which of the following analytical techniques evaluates investment potential considering time-value of money?

1. Pareto analysis
2. Discounted cash flow
3. Earned value management
4. Monte Carlo technique

Q9. A key output of Plan Resource Management is a list of project roles and responsibilities. What should this document include?

1. Work packages, Effort, Authority, Duties
2. Role, Responsibility, Authority, Risk
3. Role, Title, Resource Cost, Responsibility
4. Role, Authority, Responsibility, Competence

Q10. A project manager that you have been mentoring has completed the Plan Risk Responses process and has a risk response plan. What is the NEXT thing the project manager should do?

1. Update the project management plan
2. Recommend corrective action
3. Update the risk identification checklist
4. Create risk response strategies