Project Management Question Bank
for Exam preparation

Q2. You were 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 project budget EXCEPT:

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

Q3. 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

Q4. Nancy has recently become the project manager for a project already in execution. Nancy has learned the previous project manager did a good job so far and religiously followed the PMBOK guiding principles. However, some of the project communications don’t make sense to her. Which of the project artifacts should Nancy refer to in order to determine reasons for distribution of some reports?

1. Stakeholder engagement plan and the scope management plan
2. Stakeholder engagement plan and the communications management plan
3. Scope management plan and the communications management plan
4. Scope management plan and the risk management plan

Q5. All of the following MUST be present to have a contract EXCEPT:

1. Procurement statement of work.
2. Acceptance.
3. Address of the seller
4. Buyer’s signatures.

Q6. A project manager receives a deliverable from one of the team members to provide to the customer. While looking at the deliverable, the project manager notes that the document is smaller than what he expected and does not contain what he thought it should. The project manager should FIRST:

1. Discuss it with the team member
2. Contact the team member’s manager to get that person additional training
3. Audit the development process
4. Complete scope validation

Q7. You are the project manager responsible for building a 100,000-squarefoot data center. One of the scheduled activities in your plan is to install the Computer Room Air Conditioning (CRAC) units. However, before beginning the installation of the units, a raised floor must be installed for the units to bolt to. This is an example of what type of dependency?

1. External
2. Optional
3. Discretionary
4. Mandatory

Q8. A project manager has put in place rules covering who will have access to controlled documents, how changes to these items will be recorded and approved, and how everyone will know what the current version is. The project manager is therefore creating a:

1. Work authorization system
2. Change control system
3. Configuration management system
4. Project management information system

Q9. You are a project manager for a small construction project. Your project was budgeted for US $72,000 over a six week period. As of today, you’ve spent US $22,000 of your budget to complete work that you originally expected would cost US $24,000. According to your schedule, you should have spent US $30,000 by this point. Based on these circumstances, your project could be BEST described as:

1. Under budget
2. Over budget
3. On budget
4. Not having enough information provided.

Q10. A project manager’s project has just been dropped to a lower priority on the list on his department’s prioritize projects. It would be BEST for the project manager to:

1. Let the customer know that the project schedule will need to slip.
2. Use some of the management reserve to accommodate the change.
3. Start cutting wok packages.
4. Gain more resources.