Project Management Question Bank
for Exam preparation

Q2. A project manager is trying to manage a complex project at a 6 sigma level with 5 people. The project manager decides to use a trend report because it will help him:

1. Evaluate earned value.
2. Examine project results over time
3. Analyze the level of project complexity.
4. Determine the level of quality.

Q3. The client has given you a project to construct a cold storage plant. Everything was going as planned, however, due to some unforeseen incidents, your project is delayed. The client is in a hurry and has threatened you with a large penalty if you are not able to complete the project on time. So, you started working hard to complete the project and avoid the fine. You are working overtime, bringing in more resources from other projects, and renting extra equipment; finally, you complete the project on time. This is an example of:

1. Critical chain
2. Fast tracking
3. Crashing
4. Resource leveling

Q4. During the first half of the project, five team members left for other projects without being replaced, two team members went on vacation without informing you, and other team members expressed uncertainty about the work they were to complete. In this situation, it is BEST if you create a _______ for the second half of the project?

1. Work breakdown structure
2. Resource histogram
3. Staffing management plan
4. Responsibility assigned matrix.

Q5. You are a project manager for a large electrical system implementation. One of your key people has started to miss deadlines and work quality is beginning to suffer as well. This person has participated in project planning, and in fine-tuning the earned value estimating, and developing the reward systems for the project. You are confident that this person is well aware of the work deadlines and required quality specifications. What action should you take?

1. Report problem to the personnel or human resource department for corrective action.
2. Reassign some work to other team members until performance starts to improve.
3. Discuss the issues with the employee at the next team meeting and try to determine the factors impacting performance.
4. Escalate the situation to the employee’s functional manager and ask for assistance.

Q6. The halo effect refers to the tendency to:

1. Promote from within
2. Hire the best
3. Move people into project management because they are good in their technical fields
4. Move people into project management because they have had project management training.

Q7. The organization’s strategy provides a strategic direction and performance parameters for identifying, selecting, and delivering the right mix of projects. If it is determined that some of the CEO’s favorite projects do not fully align with the business objective, the PMO manager must:

1. Recommendation a realignment of the strategy
2. Terminate the project
3. Recommend a realignment of the project objectives
4. Honor the CEO’s desires and execute the project

Q8. You have a project with a cost of 10,000 USD, and the duration is 10 months. Five months have passed, 45% of the work is completed and you have spent 5,500 USD. The value of this 45% of the work is known as:

1. Planned value
2. Earned value
3. Actual cost
4. Schedule variance

Q9. You are a senior project manager working for RETAMART, a retail shopping network that sells various consumer products. As part of the expansion plan approved by the board of directors, you are a project manager for a new plant. Due to transportation problems, the project has experienced delays; the Schedule Performance Index (SPI) is at 0.6 and the Cost Performance Index (CPI) is at 0.7. However, you expect some improvements over the next few weeks, which may increase the SPI to 1.1 and the CPI to 0.9. Which of the following statements is true if your anticipated changes materialize?

1. The project is overspent and behind schedule
2. The project is overspent but ahead of schedule
3. The project is on schedule and under budget
4. The project is under budget but behind schedule

Q10. The Human Resources department wants to hire a new project manager from within the company. They can choose from the following candidates: Candidate A has good management knowledge; Candidate B has good project management knowledge; Candidate C has solid technical knowledge; and Candidate D has general management, project management, and technical skills. Who is the BEST candidate?

1. Candidate A
2. Candidate B
3. Candidate C
4. Candidate D