Project Management Question Bank
for Exam preparation

Q2. You have recently joined a new company as a project manager. While reviewing the procurement plans for a project you will be taking over, you see that the company is considering using one of the most expensive manufacturers to provide certain equipment required for the project. At your previous employer, you had used a different supplier for the same equipment and had paid significantly less. Without telling your boss, you now call that supplier for a quote. Have you violated the rule of keeping proprietary information confidential?

1. Maybe. You need to talk to your boss first.
2. No. There is no harm in sharing the information with your current employer, because you are no longer working for your old employer.
3. Yes. The supply source is proprietary information, and you should not contact the supplier.
4. You have not violated any rule.

Q3. While testing the strength of concrete poured on your project, you discover that over 35 percent of the concrete does not meet your company’s quality standards. You feel certain the concrete will function as it is, and you don’t think the concrete needs to meet the quality level specified. What should you do?

1. Change the quality standards to meet the level achieved.
2. State in your reports that the concrete simply “meets our quality needs.”
3. Ensure that the remaining concrete meets the standard
4. Report the lesser quality level and try to find a solution.

Q4. Which document defines how the project is to be executed, monitored, controlled, and closed?

1. Project scope
2. Project charter
3. Project management information system
4. Project management plan

Q5. It is not practical, and usually not necessary, to engage with all stakeholders with the same level of intensity at all times. A project manager must prioritize stakeholders depending upon on who they are, what level of influence they have on the project, and what their interests are. Which of the following techniques helps in stakeholder prioritization?

1. Stakeholder engagement matrix
2. Stakeholder register
3. Stakeholder classification models
4. Resource histograms

Q6. You are in the process of collecting and disseminating performance information to the stakeholders in the project. You want to predict the future performance of the project based on the current information. This performance information includes status reports, current status of risks, and summary of changes approved in the period. Which of the following methods will help you in predicting the future performance of the project?

1. Forecasts
2. A Pareto chart
3. A run chart
4. A Work Breakdown Structure

Q7. Which process group corresponds to the "act" component of the plan-docheck- act cycle?

1. Monitoring & Controlling
2. Executing
3. Planning
4. Initiating

Q8. Your project has a cost overrun and a new budget has been approved. Which formula will you use to calculate the TCPI?

1. (BAC–AC) / (BAC–EV)
2. (BAC–AC) / (EAC–EV)
3. (BAC–EV) / (BAC–AC)
4. (BAC–EV) / (EAC–AC)

Q9. After conducting a bidder conference, you receive an email from one of the bidders requesting additional information. The information was neither included in your request for proposal, nor did anyone ask for it during the bidder conference. You realize the answer to this question is critical to understanding the scope of the project. If the answer is not communicated to bidders, they cannot size their teams accurately or estimate the total duration of the project. The answer also greatly affects cost. However, the answer contains some proprietary information that, if disclosed to a competitor, may reveal the future product strategy of your company. Such a disclosure could be disastrous for a major product launch you are planning next year. You decide to send the answer to all the bidders, but you realize one of the bidders is also working closely with one of your competitors on a similar project. What should you do?

1. Don’t send this information in writing; instead, telephone each bidding company.
2. Send this information to all bidders except the bidder working with your competitor.
3. Send this information to only the supplier who requested it.
4. Require all bidders to sign a nondisclosure agreement. You may then send the information to each company that signed the NDA.

Q10. All requested changes to a contract go through Contract Change Control Systems of both parties. The Contract Change Control system documents all requested changes for future reference. However, requested but unresolved changes might not make it up to either party’s Change Control Systems. If you are contesting a dispute, where can you find a record of such requested changes?

1. Procurement management plan
2. Project management plan
3. Project correspondence
4. Approved change requests log