Project Management Question Bank
for Exam preparation

Project Management- Q2. The process that links people and information is called:

1. Scope management.
2. Human resource management.
3. Communications management.
4. Time management.

Project Management- Q3. You evaluate your critical path and determine the project will be completed two weeks ahead of management’s expected due date. What should you do?

1. Delay the project for two weeks
2. Prepare a list of identified risks that did not occur
3. Pull resources off the critical path to work on noncritical path activities
4. Add extra features that will enhance the project and require two more weeks to complete.

Project Management- Q4. Vendor selection, vendor management, and documentation of lessons learned are tasks that fall under this process:

1. Procurement management
2. Deliverable management
3. Conduct Procurements
4. Scope management

Project Management- Q5. What similarity exists between a cost-reimbursable contract and a timeand- materials contract?

1. They are open-ended.
2. The closure date is part of the contract.
3. They have fixed bonus rates.
4. They can never grow in value.

Project Management- Q6. In planning your project, which would generally have the highest priority; quality, cost, or schedule?

1. Cost is most important, quality next, and then schedule
2. Quality is more important than cost or schedule
3. Schedule is most important, quality next, and then cost
4. It should be decided for each project.

Project Management- Q7. The project budget is proving to be inaccurate. The SPI is 1.1. The team has had a negative deviation from the activity attributes, and the sponsor has inserted herself on the change control board. What is the BEST thing for the project manager to do?

1. Try to encourage the sponsor to remove herself from the change control board
2. Re-compute the project schedule
3. Re-estimate the activity attributes
4. Calculate the cost performance index

Project Management- Q8. Variance analysis refers to cost performance measurements used to determine the magnitude of variation in comparison to the original cost baseline. What is the trend on the percentage range of acceptable variances as the project progresses?

1. The percentage range of acceptable variances will tend to decrease as the project progresses.
2. The percentage range of acceptable variances will tend to increase as the project progresses.
3. The percentage range of acceptable variances will tend to decrease first and then increase as the project progresses beyond 50 percent completion.
4. The percentage range of acceptable variances remain the same as the project progresses.

Project Management- Q9. Halfway through the executing process of your project, a team member alerts you to a potential cost overrun for a specific deliverable. What do you do FIRST?

1. Determine the projected actual cost
2. Implement a change control process to track the change
3. Inform the customer.
4. Determine the cause of the overage

Project Management- Q10. A summary milestone schedule would normally be part of which document?

1. Project sign-off document
2. Project charter
3. Project requirements document
4. Project scope statement