Project Management Question Bank
for Exam preparation

Q2. You are about to take over a project from another project manager and find out the following information about the project. Activity Z has an early start (ES) of day 15 and a late start (LS) of day 20. Activity Z is a difficult activity. Cost performance index (CPI) is 1.1; schedule performance index (SPI) is 0.8. There are 11 stakeholders on the project. Based on this information, which of the following would you be the MOST concerned about?

1. Schedule
2. Float
3. Cost
4. The number of available resources.

Q3. All of the following are purposes of the project charter EXCEPT:

1. It establishes the project.
2. It identifies the product acceptance criteria
3. It gives the project manager authority
4. It includes stakeholders’ requirements

Q4. Your company can accept one of three possible projects. Project A has a net present value (NPV) of US $30,000 and will take six years to complete. Project B has an NPV of US $60,000 and will take three years to complete. Project C has an NPV of US $90,000 and will take four years to complete. Based on this information, which project would you pick?

1. They all have the same value
2. Project A
3. Project B
4. Project C 4

Q5. All of the following are parts of the Close Project or Phase process EXCEPT:

1. Update employee skills
2. Record the reasons for termination
3. Transfer information from one phase to the next phase
4. Validate Scope

Q6. 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.

Q7. At the end of a project, what will your schedule variance be equal to?

1. Zero
2. Equal to the total PV
3. One
4. Equal to the total EV

Q8. Ideally the relationship between a project manager and a business analyst should be:

1. Business analyst should directly report to the project manager
2. A collaborative partnership
3. Project manager should directly report to the business analyst
4. Business analyst must audit the project manager

Q9. Which of the following is not a tool and technique of the Collect Requirements process?

1. Mind mapping
2. Interviews
3. Questionnaires
4. Traceability matrix

Q10. A technique that iterates the project schedule many times to calculate a distribution of possible project completion dates is:

1. Monte Carlo Analysis
2. Montford analysis
3. Pareto Cost chart
4. Deming Analysis