Project Management Question Bank
for Exam preparation

Q2. All the following activities are performed in the Close Project or Phase process except:

1. Activities that fulfill the exit criteria of the project
2. Sending the deliverables to the customer for acceptance
3. Activities that are needed to transfer the completed products to operations
4. Documenting the reasons for terminating the projects early

Q3. A first-time project manager was assigned to a project that had a duration of three months. In order to get a head start on the project, the manager took an older, completed the project and incorporated all the tools, techniques, and checklists in their entirety from that project into the current one. The older project was completed in 14 months’ time and was remarkably similar in nature. The most appropriate comment on this would be:

1. This is an excellent example of re-use of artifacts from prior projects.
2. This may be unnecessary. The project management team needs to decide what is appropriate for the project.
3. This is not the correct procedure. The project manager should always create processes and documents afresh for new projects.
4. This is not correct. The project manager is violating copyright and intellectual property rights of the organization's prior customers.

Q4. Which of the following processes is not a part of the Project Scope Management?

1. Create WBS
2. Control Quality
3. Control Scope
4. Collect Requirements

Q5. Your vice president asked you what the Estimate at Completion (EAC) will be for a small project you are working on. You were given a budget of $30,000, and to date you have spent $20,000 but only completed $10,000 worth of work. You are sure the future work will be accomplished at the planned rate. What is the EAC?

1. $40,000
2. $30,000
3. $60,000
4. $10,000

Q6. You are reviewing an old project file where you find a document which contains the project description, important requirements, milestones, and project budget. What document is it?

1. Scope statement
2. Project charter
3. Scope baseline
4. Procurement document

Q7. You are forming a virtual project team that includes members from four different countries around the world. What is NOT an obstacle you must overcome to build an effective team?

1. Different time zones
2. Communication issues
3. Cultural differences
4. Members wanting to work from home

Q8. Which of the following cane create the MOST misinterpretation in the project scope statement?

1. Imprecise language
2. Poor pattern, structure, and chronological order
3. Small variation in size of work packages or detail of work
4. Too much detail 03

Q9. Due to a tight project schedule, a project manager did not document lessons learned throughout the project cycle. However, at the end of the project, he finally documented the lessons learned. Your comment on this is:

1. This is not OK. Lessons learned must be documented throughout the project as well as at the end of the project.
2. This is OK. Lessons learned should be documented at the end of the project.
3. This is not OK. Lessons learned need to be documented throughout the project and must not be done at the project’s end.
4. This is correct. Lessons learned are intended to be documented only at the project’s end.

Q10. Purchasing insurance is BEST considered an example of risk:

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