Project Management Question Bank
for Exam preparation

Q2. In a SWOT analysis, when you are able to convert threats into opportunities and weaknesses into strengths, it is known as:

1. Conversion strategy
2. Reverse strategy
3. FMEA analysis
4. Benefit realization

Q3. You created the logic diagram for your project based on the chart when all of a sudden the person completing activity C says that you must plan for a lag of two weeks after the completion of the activity before starting the next activity. Which of the following would be the FIRST thing to do?

1. See if the duration of activity H can be shortened
2. Nothing because the two weeks could be assigned to activity
3. Make Start, A, D, G, End the critical path in order to save time
4. Calculate project float after the insertion of the lag

Q4. Negative risks can either be ______, transferred, or mitigated as a countermeasure.

1. enhanced
2. avoided
3. exploited
4. ignored

Q5. A project manager is creating a risk response plan. However, every time a risk response is suggested another risk is identified that is caused by the response. Which of the following would be the BEST thing for the project manager to do?

1. Document the new risks and continue the Plan Risk Responses process.
2. Make sure the project work is better understood.
3. Get more people involved in the Identify Risks process since risks have been missed.
4. Spend more time making sure the risk responses are clearly defined.

Q6. A project manager is taking over a project from another project manager during the planning process group. If the new project manager wants to see what the previous project manager planned for managing changes to the schedule, it would be BEST to look at the:

1. Communications management plan
2. Update management plan
3. Staffing management plan
4. Schedule management plan 71

Q7. Performance reporting is important during administrative closure, in order to:

1. Show progress made on activities.
2. Communicate the team’s success.
3. Gain approval to start the lesions learned.
4. Prove formal acceptance has been achieved.

Q8. Your organization gets a new project and wants you to assign the project manager for this project. As management is busy with other activities, they ask you to develop the project charter so the project can get started. To develop the project charter, which of the following is not needed?

1. Strategic plan
2. Business case
3. Agreements
4. Project plan

Q9. A team member notifies you, after the fact, that she has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change?

1. Inform the customer
2. Make sure marketing is aware of the change
3. Understand what functionality was added
4. Implement change control processes to track the change

Q10. The product design your project team developed was extremely well received by the customer. There were two key contributors to this design. The customer calls you to tell you how pleased he is with the design. What do you tell him?

1. Ask to negotiate a bonus payment.
2. Thank the customer.
3. Thank him on behalf of the team and call out the contributions two of the team members made.
4. Tell the customer you worked very hard on the design, and you are happy he is pleased.