Project Management Question Bank
for Exam preparation

Q2. PMBOK offers a number of tools and techniques for all the project management processes. These tools and techniques must be carefully applied in order to meet the objectives of any process. Which of the following is not a tool or technique of the Plan Stakeholder Engagement process?

1. Expert judgment
2. Meetings
3. Decision-making
4. Interpersonal skills

Q3. During Plan Risk Responses process, the team is discussing ways to deal with a risk. They have come up with the following options: (a) outsource the work, (b) provide more training to the team members, (c) wait to see if the risk actually happens, (d) ignore the risk and (e) do the risky activity sooner in the project. Which of the following is a risk response strategy that was forgotten in the above situation?

1. Remove the activity causing the risk from the project.
2. Purchase insurance to cover the anticipated cost.
3. Assign the activity to a more experienced person to handle.
4. Prototype the product.

Q4. Julia is currently assessing her project stakeholders’ engagement levels. During this exercise, she finds she also needs to document an escalation process, which will come in handy in the future. Where does she need to document the project’s escalation process?

1. Communications management plan
2. Stakeholder engagement plan
3. Either the stakeholder engagement plan or the communications management plan
4. Both the stakeholder engagement plan and the communications management plan

Q5. A project post-mortem is an activity, usually performed at the project’s conclusion, to determine and analyze a project’s outcome which also includes a lessons-learned gathering exercise. Project post-mortems help to mitigate future risks and are often a key component of, and ongoing precursor to, effective risk management. Which of the following is a terrible mistake when collecting lessons learned?

1. Documenting both the success stories and the failed attempts
2. Calculating project’s final statistics
3. Focusing purely on the negatives and analyzing failures
4. Conducting a comprehensive performance review

Q6. A project is considered closed when the:

1. Client accepts the product
2. Lessons learned are completed
3. Archives are completed
4. Contract is finished

Q7. Testing the entire population would:

1. Take too long
2. Provide more information than wanted
3. Be mutually exclusive
4. Show many defects.

Q8. A project manager has completed a detailed WBS and cost estimates for each work package. To create a cost baseline from this data, the project manager would:

1. Use the highest level of the WBS to estimate analogously
2. Sum up the work package and risk contingency reserve estimates
3. Roll up work package estimates into a project total and add management reserves.
4. Gain expert opinions of the project total costs.

Q9. You are a project manager who is in charge of an important project for your company. The project is 40 percent complete after three months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last eight months. How is the project performing?

1. The project is behind schedule and over budget.
2. The project is ahead of schedule and under budget.
3. The project is behind schedule and under budget.
4. The project is ahead of schedule and over budget.

Q10. You are sitting in a group discussion with 13 stakeholders and collecting ideas. Now you are in the final stage and are selecting the final idea. As there are many ideas, you decide to vote. After voting you see that a particular idea receives 7 votes, so you go with that option. What kind of decision making is this?

1. Unanimity
2. Majority
3. Plurality
4. Dictatorship