Project Management Question Bank
for Exam preparation

Q2. What is the BEST technique to ensure the project work is really complete?

1. Final performance reporting
2. Procurement audits
3. Archive records
4. Formal acceptance

Q3. The CEO of the company has assigned a project manager to a project that the CEO has wanted to do for a long time. What should the project manager do FIRST?

1. Assist the CEO in putting together a benefit cost analysis to show the need for the project.
2. Work with the CEO to get buy-in from the other stakeholders
3. Produce a ranking of all feasible projects, including the assigned project, in a weighted scoring of decision variables.
4. Guide the creation of a project charter.

Q4. Which of the following defines the total scope of the project and represents the work specified in the current approved project scope statement?

1. Work Breakdown Structure (WBS)
2. Bill of Material (BOM)
3. Project Charter
4. Requirements Breakdown Structure (RBS)

Q5. Which of the following is the BEST way to describe the outputs of the Identify Risks process?

1. A list of risks
2. A list of triggers
3. A list of the risk response owners
4. An understanding of the project risks

Q6. Your company puts a new product into the marketplace without any reports of problems. However, your internal research indicates that there is a possibility of serious injuries that would cost $20,000,000 to fix. What should you do?

1. Make the necessary modifications to the products in production
2. Recall all the existing product
3. Wait until an injury to verify the impact
4. Obtain insurance to cover the anticipated damages

Q7. Ben is the project manager for a mobile application development project. Due to a recent technological development, a significant change in the product design is required. This change would require a 25 percent increase in the project budget. Ben prepares a detailed report and emails it to the project sponsor, and the sponsor acknowledges the receipt of the report. What should Ben do next?

1. Update the cost management plan
2. Update the project budget
3. Update the project schedule
4. Wait for the formal approval of the new budget

Q8. During a project, a team member tells you that a major risk identified by the team has occurred. However, it is not as serious as previously thought. What is the FIRST thing you should do?

1. Increase the quality standard
2. Present this finding to the project team and ask them to verify the team member’s finding
3. Investigate changing the contingency plan
4. Notify management

Q9. The key objective of stakeholder management is:

1. Communication.
2. Coordination.
3. Satisfaction.
4. Relationships.

Q10. As part of earned value management (EVM), a project manager is calculating the to-complete performance index (TCPI) based on EAC. The data he has is as follows: The budget at completion for the project is $100,000. The earned value for the project is $25,000. The actual costs to date are $40,000, and the estimate at completion is $115,000. What is the TCPI that he will get?

1. 1.1
2. 0.9
3. 1
4. 0