Project Management Question Bank
for Exam preparation

Q2. What term defines the work needed to deliver a product, service, or result?

1. Product scope
2. Scope creep
3. Scope verification
4. Project scope

Q3. Which of the following is the BEST thing to do when a project activity will take longer than planned and the project can no longer be completed on time?

1. Compress the schedule
2. Ask for an extension of time
3. Negotiate for more resources
4. Work overtime to make up the time

Q4. You are a project manager of a construction project that is financially challenged and behind schedule. A foreman fails to deliver a deliverable of the project on time as promised. You need to address the issue with the foreman. How should you approach the foreman?

1. You are the project manager responsible for the whole of the project. To ensure you have control, remain firm, and reprimand the foreman and the team to ensure they do not slow down.
2. You disregard the issue, acknowledging that what is done is done and develop a plan for moving forward.
3. You meet with the foreman inquiring about what happened and seek to understand and solve the problem.
4. You reprimand the foreman n private and ask that he keep you better informed in the future.

Q5. Nancy is carrying out cost-benefit analysis for a project. If undertaken, the project will start in January next year and end by December. The project will incur a constant cost of $10,000 each month (payable by the end of each month) giving a total cost of $120,000 for the project. The revenue from the project is collected on a quarterly basis. The total revenue for the project by the end of December will be $200,000. The opportunity cost of the project is 12 percent which is the bank interest rate Nancy can get if she does not invest in this project. The total present value of all cash outflows is $112,551, while the total present value of all cash inflow is $185,721. What is the benefit-to-cost ratio for the project?

1. 1.67
2. 0.6
3. 1.65
4. 0.61

Q6. You are a project manager newly assigned to a large project for your organization. The project charter has been signed, and the stakeholders have been identified. What should you do next?

1. Ask appropriate team members to submit WBS input
2. Initiate the scope planning process
3. Start the develop project management plan process
4. Begin the activity definition process

Q7. No matter how good you are in communicating, information distribution to stakeholders as planned is a challenging task. Many tools and techniques are used during the Manage Communications process except:

1. Project reporting
2. Work performance reports
3. Communication technologies
4. Communication skills

Q8. While developing your project schedule, you have asked everyone to provide a list of planned vacations over the next three months, and you have applied this information to the tasks that each person is responsible for. What also needs updating?

1. Resource Calendars
2. Leads
3. Schedule Variances
4. Lags

Q9. A project manager needs team members that report to a functional manager. What technique is the project manager most likely to use to obtain these resources?

1. Pre-assignment
2. Authority
3. Negotiation
4. Coercion

Q10. Which of the following items needs to be kept in mind when relying on risk identification checklists?

1. They are biased.
2. They are not exhaustive.
3. They are often inaccurate.
4. They are easy to prepare.