Project Management Question Bank
for Exam preparation

Project Management- Q2. The results of another project have just been posted. Substantial rework will be required in order to meet the project requirements. Because the cost is too high, effective immediately, the project management office will be requiring all projects to do statistical sampling. What is the project management office concentrating its efforts on improving?

1. Quality management
2. Manage Quality
3. Plan Quality
4. Perform Quality Control.

Project Management- Q3. An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9 and a late finish (LF) of day 19. What is the activity’s float?

1. 10
2. 6
3. 3
4. 19

Project Management- Q4. A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project?

1. Perform Qualitative Risk Analysis
2. Perform Quantitative Risk Analysis
3. Identify Risks
4. Plan Risk Management

Project Management- Q5. What is the purpose of a decision tree?

1. It determines what events may take place
2. It demonstrates the path of events in a project.
3. It calculates the probability of an outcome
4. It takes into account future events for today’s choices

Project Management- Q6. A data point on a control chart that requires investigation is called:

1. A special cause
2. Gold plated
3. A rule of seven
4. A specification limit

Project Management- Q7. The outputs of the Define Activities process include all of the following EXCEPT:

1. All activities that will be performed on the project
2. A network diagram
3. Activity attributes
4. Milestone list

Project Management- Q8. Identify stakeholders is a process where you identify stakeholders for your project. Which of the following statements is not true regarding this process?

1. This process happens throughout the project
2. This process happens in the planning phase
3. This process happens in the executing phase
4. This process is started only when the project charter is signed

Project Management- Q9. Laurence is the PMO manager at ANZ Company. The CEO of the company asked Laurence to review the business requirements and develop the current year’s capital management plan. The capital management plan will outline the key business deliverables (capital projects) and will go to the board for final approval. Which of the following organizational artifacts should Laurence review to analyze the business requirements for the current fiscal year?

1. Lessons Learned
2. Capital budget for the current year
3. Organizational Process Assets
4. Organizational Strategy

Project Management- Q10. All of the following could occur during the Close Process or Phase process EXCEPT:

1. Creating lessons learned
2. Formal acceptance
3. Reducing resource spending
4. Performing benefit cost analysis