Project Management Question Bank
for Exam preparation

Q2. Activities in the Define Activities process should meet:

1. The WBS layout
2. Cost incentives
3. Schedule objectives
4. Project objectives

Q3. The client has given you a project to construct a cold storage plant. Everything was going as planned, however, due to some unforeseen incidents, your project is delayed. The client is in a hurry and has threatened you with a large penalty if you are not able to complete the project on time. So, you started working hard to complete the project and avoid the fine. You are working overtime, bringing in more resources from other projects, and renting extra equipment; finally, you complete the project on time. This is an example of:

1. Critical chain
2. Fast tracking
3. Crashing
4. Resource leveling

Q4. The preparation of the scope baseline can BEST be described as involving:

1. The functional managers
2. The project team
3. All the stakeholders
4. The project expediter.

Q5. The Project Scope Management Knowledge Area is primarily concerned with:

1. Defining the scope of work that included in the project
2. Ensuring that the project includes all the work required, and only the work required, to complete the project
3. The scope of work required during the initiation phase
4. Defining the specifications and functionality of the work product

Q6. A project manager is worried about the costs on the project. There is a lot of rework, and scrap and inventory costs are rising. If you were a mentor to this project manager, what is the BEST advice you could offer?

1. Such effects are the nature of the project and not to worry
2. Improve quality training and throw a milestone party
3. Look at sunk costs
4. Look at marginal costs.

Q7. During the middle of the project, things have been going well. The work authorization system has allowed people to know when to start work and the issue log has helped keep track of the stakeholders’ needs. The benefit cost ratio has been improving and the sponsor has expressed his appreciation for the team members’ efforts by hosting a milestone party for the team. The project manager gets a call from a team member saying that the results from the completion of their activity’s predecessor is two days late. Which of the following reasons would BEST describe why this occurred?

1. The project manager was focusing on the sponsor’s needs.
2. Functional management was not included in the communications management plan.
3. The successor activities should have been watched, not the predecessors.
4. The right people were not invited to the milestone party.

Q8. A new project manager asks you what the 50/50 rule is used for. You would reply?

1. Crashing
2. Quality
3. Performance reporting
4. Cost estimating

Q9. Which of the following BEST describes a risk response owner?

1. The person who identified the risk
2. The department or company that is the source of the risk and most knowledgeable on the risk
3. The department or company that will be most affected by the risk
4. The person who will be responsible for implementing the risk response strategy.

Q10. Your project has a cost overrun and a new budget has been approved. Which formula will you use to calculate the TCPI?

1. (BAC–AC) / (BAC–EV)
2. (BAC–AC) / (EAC–EV)
3. (BAC–EV) / (BAC–AC)
4. (BAC–EV) / (EAC–AC)