Project Management Question Bank
for Exam preparation

Q2. The project charter is the document that authorizes the existence of the project and contains a great deal of important information. Which of the following options shows the correct content of a project charter?

1. Project purpose, high level requirements, assumptions and constraints, summary budget
2. High-level risk, summary milestone, project management plan, summary budget
3. Project objective, stakeholder list, WBS, project approval authority
4. Name of the sponsor, name of the project manager, schedule baseline, summary budget

Q3. To communicate with stakeholders on the resolved issues and the issues that are hard to resolve, you use an issue log in your project. Since you assign an owner for every issue and resolve it by working on it, your stakeholders actively support all your efforts in managing the project. This method of actively resolving issues and reducing risks to the project is known as:

1. Quality management
2. Scope Management
3. Communications management
4. Stakeholder management

Q4. While preparing your risk responses, you realize that you have not planned for unknown risk events. You need to make adjustments to the project to compensate for unknown risk events. These adjustments are based on your past project experience when unknown risk events occurred and knocked the project off track. What should you do?

1. Include a management reserve in the budget to try to compensate for the unknown risks, and notify management to expect unknown risks to occur.
2. Document the unknown risk items and calculate the expected monetary value based on probability and impact that may result from the occurrence.
3. Determine the unknown risk events and the associated cost; then, add the cost to the project budget as reserves.
4. With the stakeholders, determine a budget of the known risk budget to allocate to a management reserve budget.

Q5. The plan–do–check–act cycle is defined and modified by Shewhart & Deming. It is a four–step model for carrying out change and improving processes. In these four stages, which stage involves the evaluation of improvement?

1. Do
2. Check
3. Plan
4. Act

Q6. To help the project team function more efficiently on complex and interrelated activities, the project manager decides to use a war room. What does this mean?

1. All the project records are kept in many locations
2. The tools needed to accomplish the work are kept in one place with easy access by the team from various locations.
3. The entire team is located in one area.
4. The project’s entire senior management team is located in one area.

Q7. During project planning, you estimate the time needed for each activity and then add the estimates to create the project estimate. You commit to completing the project by this date. What is wrong with this scenario?

1. The team did not create the estimate and estimating takes too long using that method
2. The team did not create the estimate and a network diagram was not used.
3. The estimate is too long and should be created by management
4. The project estimate should be the same as the customer’s required completion date

Q8. You just found out that a major subcontractor for your project consistently delivers items late. You decide to postpone dealing with the issue until you have more time. What conflict resolution method are you using?

1. Ignoring
2. Compromise
3. Smoothing
4. Withdrawal.

Q9. A new software development project is in progress and the project manager is working with the quality assurance department. They want to improve everyone’s confidence that the project will satisfy the quality standards. Which of the following MUST they have before they start this process?

1. Completed checklists
2. A quality control plan
3. Results of quality control measurements
4. Rework.

Q10. You are reviewing an old project file where you find a document which contains the project description, important requirements, milestones, and project budget. What document is it?

1. Scope statement
2. Project charter
3. Scope baseline
4. Procurement document