Project Management Question Bank
for Exam preparation

Q2. Three calls were received today inquiring whether one of your resources could be released from your project. There were nine such calls last week. The project is going well and its risky rating is low. Activity R has an early start of 4 and a late start of 45 and an early finish of 14. The project has a cost performance index (CPI) of 1.05 and a schedule performance index (SPI) of 0.893. The project float is zero and even through tough times, the project manager believes the reward system he put in place during the project planning is working. What is the BEST thing to do?

1. Crash the project
2. Crash activity R
3. Deal with diminishing the impact of the phone calls
4. Look for areas to cut cost 47

Q3. When do stakeholders have the MOST influence on a project?

1. At the beginning of the project
2. In the middle of the project
3. At the end of the project
4. Throughout the project

Q4. Which process is concerned with providing forecasts to update current cost information?

1. Monitor and Control Project Work
2. Project Management Information System
3. Close Project or Phase
4. Direct and Manage Project Work

Q5. Lee is the project manager of a project, and he is planning responses to a set of risks. As a direct result of implementing these risk responses, he anticipates certain other risks to arise. These are:

1. Secondary risks
2. Primary risks
3. Planned risks
4. Workaround

Q6. Purchasing insurance is BEST considered an example of risk:

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

Q7. It is the middle of the project when the project manager is informed by her scheduler that the project control limits are secure. That same morning she receives a note from a team member about a problem he is having. The note says, “This activity is driving me crazy and the manager of the accounting department won’t help me until the activity’s float is in jeopardy.” In addition, the project manager has e-mails, a team member walks in to the project manager’s office to tell her that a corrective action was implemented by a team member from the project management office, but was not documented. What should the project manager do NEXT?

1. Add the implemented corrective action to the historical records, discuss the value documentation at the next team meeting, and smooth the team member with the accounting department problem.
2. Report the documentation violation to the project management office, evaluate the security of the control limits, and review the e-mailing rules in the communications management plan
3. Clarify the reasoning behind documentation being a problem, get the accounting department to assist the team member, and respond to the minor stakeholder
4. Find out who caused the problem with the accounting department, respond to the minor stakeholder before responding to the other emails, and review the process listed in the communications plan for reporting concerns with the team member having the documentation problem.

Q8. Which chart allows a project manager to indicate the number of resources used each month?

1. Responsibility assignment matrix
2. Resource histogram
3. Project organizational chart
4. Pareto chart.

Q9. The customer on a project tells the project manager he has run out of money to pay for the project. What should the project manager do FIRST?

1. Shift more of the work to later in the schedule to allow time for the customer to get the funds
2. Enter project closure
3. Stop work
4. Release part of the project team

Q10. A functional manager meets with the project manager’s boss to discuss a change to the acceptance criteria for a major deliverable. After the meeting, the boss calls the project manager into his office and tells him to make the change. What is the BEST thing to do?

1. Make the change as soon as possible.
2. Understand the change.
3. Supply the boss with a change form
4. Evaluate the impact of the change.