Project Management Question Bank
for Exam preparation

Q2. During the project execution, some people stole your consumables. You did not identify this threat earlier, though you were able to manage the situation through a workaround. This risk did not have much of an impact on your cost baseline but the schedule was impacted. Management is aware of the issue and to get the complete picture they insist you provide them the performance report. Which of the following information will you provide to them?

1. Status of deliverables
2. Actual cost, actual duration, etc.
3. Milestones status
4. Memos

Q3. Early in the life of your project, you are having a discussion with the sponsor about what estimating techniques should be used. You want a form of expert judgment, but the sponsor argues for analogous estimating. It would be BEST to:

1. Agree to analogous estimating as it is a form of expert judgment
2. Suggest life cycle costing as a compromise
3. Determine why the sponsor wants such an accurate estimate.
4. Try to convince the sponsor to allow expert judgment because it is typically more accurate.

Q4. There have been numerous changes on your project. All approved changes are BEST reflected in the:

1. Performance measurement variance
2. Validate Scope process
3. Change control procedures
4. Project management plan

Q5. The objective of a transformation project is to move an organization from one state to another state. The desired result of the change driven by the project is described as the:

1. Good state
2. Future state
3. Happy state
4. Transition state

Q6. While the project is being completed, management requests a change. What is the FIRST thing the project manager should do?

1. Comply with the request if possible
2. Obtain an understanding of the scope of the change
3. Tell the customer that a change will be coming
4. Ask the team to accept the change

Q7. When planning risk responses, the strategy of changing the project management plan to eliminate the risk is known as:

1. Avoidance
2. Transference
3. Mitigation
4. Acceptance

Q8. Monte Carlo analysis is used to:

1. Simulate the order in which activities occur
2. Prove to management that extra staff is needed.
3. Get an indication of the risk involved in the project
4. Estimate an activity’s length

Q9. A project manager is finalizing the resources for the project team. All of the following will help the project manager complete this work EXCEPT:

1. Staffing pool description
2. Work breakdown structure
3. Staffing management plan
4. Reward and recognition systems.

Q10. There are four people on the project team and the project manager adds three more. How many channels of communication are there now?

1. 14
2. 16
3. 21
4. 12