Project Management Question Bank
for Exam preparation

Project Management- Q2. Outputs of the Plan Resource Management process are:

1. Roles and responsibilities, project organization charts, and staffing management plan.
2. Project organization charts, project staff assignments, and roles and responsibilities
3. Project management plan updates, staffing management plan, and project organization charts.
4. Roles and responsibilities, staffing management plan, and resource availability.

Project Management- Q3. Testing the entire population:

1. Take too long.
2. Provide more information than wanted.
3. Be mutually exclusive.
4. Show many defects.

Project Management- Q4. What does benefit cost ratio (BCR) of 2.1 mean?

1. The costs are 2.1 times the benefits
2. The profit is 2.1 times the costs
3. The payback is 2.1 times the costs.
4. The cost is 2.1 times the profit

Project Management- Q5. You have been assigned to manage the development of an organization’s first Web site. The site will be highly complex and interactive, and neither your project team nor the client has much experience with Web site development. The timeline is extremely aggressive. Any delay will be costly for both your firm and the client. You have a project sponsor and have achieved agreement and sign-off on both the project charter and the project management plan. Client personnel have been kept fully informed of the project’s progress through status reports and regular meetings. The project is on schedule, within the budget, and a final perfunctory review has been scheduled. Suddenly you hear that the entire effort may be cancelled because the product developed is totally unacceptable. What is the MOST likely cause of this situation?

1. A key stakeholder was not adequately involved in the project.
2. The project charter and project management plan were not thoroughly explained or adequately reviewed y the client.
3. Communications arrangements were inadequate and did not provide the required information to interested parties
4. The project sponsor failed to provide adequate support for the project.

Project Management- Q6. A project manager is having problems with how two of the parts fit together on the new computer and the software uploads to the system. To plan a strategy for resolving these problems, it is BEST to determine if the problems are:

1. Nonconforming
2. Statistically independent
3. Impacting quality
4. Normally distributed.

Project Management- Q7. You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the budget EXCEPT?

1. Fixed costs
2. Sunk costs
3. Direct costs
4. Variable costs

Project Management- Q8. A project has the following risks: 20 percent probability of a 14 day delay in the receipt of customer requirements; 10 percent probability of a 21 day delay in the procurement process; 50 percent probability the integration will take 14 days longer. What is the expected monetary value of these events?

1. 11.9 days.
2. 35.8 days.
3. 49 days.
4. 7 days.

Project Management- Q9. When is it BEST to perform the Close Project or Phase process?

1. At the beginning of the project with verification throughout the project.
2. At the end of project planning
3. During project closure
4. At the end of each project phase

Project Management- Q10. Mary has just assigned Thomas as project manager of an upcoming railway construction project. She hands an approved project charter to Thomas. Once Thomas thoroughly reviews the project charter, what should he do next?

1. Review the charter once again since one thorough review is never enough
2. Kick-start the Develop Project Management Plan process
3. Add the project charter to the organizational lessons-learned archive
4. Distribute the charter to all key project stakeholders and ensure common understanding