Project Management Question Bank
for Exam preparation

Q2. Which of the following may help in ensuring that certain bidders in the procurement process do not receive preferential treatment and that all prospective sellers have a clear and common understanding of the procurement?

1. Use of weighted criteria
2. Use of screening techniques
3. Use of bidder conferences
4. Use of expert judgment

Q3. You have just received an invoice from your supplier that contains some uncertified items. Payments to the supplier are processed through your corporate accounts payable system only after certification of satisfactory work by the project quality control specialist. What should you do?

1. Process the supplier’s invoice since this is your liability
2. Call the supplier and obtain more information
3. Ask the supplier to stop all deliveries until the matter has a resolution
4. Seek judicial arbitration

Q4. A new project manager asks you what the 50/50 rule is used for. You would reply?

1. Crashing
2. Quality
3. Performance reporting
4. Cost estimating

Q5. What would be the BEST explanation for the following: Both the cost variance and schedule variance are negative, but the cost variance is lower than the schedule variance.

1. The project underspent because all work was not completed, but overspent for work that was done.
2. The project overspent due to increased costs and yet completed some activities faster.
3. The project activities took longer than expected, but costs were lower.
4. The project underspent, because costs were lower than planned and activities were easier to complete than planned.

Q6. A technique that enhances brainstorming with a voting process used to rank the most useful ideas so they can be taken up for further brainstorming is:

1. Six thinking hats
2. Nominal group technique
3. Affinity diagram
4. Mind mapping

Q7. Project Stakeholder Management is focused on engaging project stakeholders with the project. What is the objective of keeping the project stakeholders engaged with the project?

1. To manage their expectations so that the project objectives are achieved
2. Using consistent project management methodology across organizational projects
3. To motivate the project team members
4. To demotivate the negative stakeholders

Q8. Laurence is the PMO manager at ANZ Company. The CEO of the company asked Laurence to review the business requirements and develop the current year’s capital management plan. The capital management plan will outline the key business deliverables (capital projects) and will go to the board for final approval. Which of the following organizational artifacts should Laurence review to analyze the business requirements for the current fiscal year?

1. Lessons Learned
2. Capital budget for the current year
3. Organizational Process Assets
4. Organizational Strategy

Q9. What is another name for the waiting time between two activities?

1. Free float
2. Total float
3. Lag
4. CPM

Q10. All of the following are parts of an effective change management plan EXCEPT:

1. Procedures
2. Standards for reports
3. Meetings
4. Lessons learned