Project Management Question Bank
for Exam preparation

Q2. The network expansion project you just took over is said to be doing pretty well. The previous project manager only used variances to tell the current project status. In the last report you find SV = US $50,000, CV = US $10,000, PV = US $500,000. You know the rate of spending and schedule progress are important as well. Based on the details you have been given what are the SPI and CPI?

1. 0.90, 1.02
2. 1.10, 1.02
3. 0.91, 0.98
4. 1.11, 0.98

Q3. All of the following are parts of the Close Project or Phase process EXCEPT:

1. Update employee skills
2. Record the reasons for termination
3. Transfer information from one phase to the next phase
4. Validate Scope

Q4. 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.

Q5. Which of the following is the MOST beneficial result of the project manager knowing the critical path?

1. She would know where the extra resources should be placed
2. She would know what activities she needs to focus on while managing the project.
3. She would know where stakeholders need to be assigned to the project.
4. She would know where there is float on the project

Q6. 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

Q7. Halfway through the project, the client considers cancelling the remaining work and the contract. It would be BEST to look at which of the following to determine the purpose for the project?

1. The project description and need in the project charter
2. The WBS dictionary to verify that the scope is correct
3. The risk response plan to evaluate alternatives
4. The chart of accounts to determine the estimate at completion

Q8. The project manager has noticed that there have been a lot of changes on the project. This has not been considered to be a problem until one day he discovers that he cannot determine how many scope changes are currently being reviewed. This problem would be an error in which of the following?

1. Change control system and project scope management plan
2. Plan purchases and acquisitions and requirements gathering
3. Lack of a change control board and constrained optimization
4. A poor change configuration system and benefit analysis

Q9. You are the project manager for a large installation project when you realize that there are over 200 potential stakeholders on the project. Which of the following would be the BEST course of action for you to take?

1. Eliminate some stakeholders.
2. Contact your manager, and ask which stakeholders are most important.
3. Gather the needs of all the most influential stakeholders.
4. Find an effective way to gather the needs of all stakeholders.

Q10. Lucy has to brief her key project stakeholders on the recent approved changes to the project scope. Which of the following project documents will provide essential input to Lucy for preparing her presentation?

1. Change request form
2. Change control procedures
3. Change log
4. Issue management procedures