Project Management Question Bank
for Exam preparation

Q2. Three years back, your organization awarded a fixed price contract to a reputable local contractor to construct a new airport terminal in the city. A few days back, you received a change request from the contractor requesting to adjust the contract’s price. The contractor is claiming that as a result of the recent national recession, the prices of raw materials have gone up and he cannot complete the rest of the project at the contract price. Is the contactor’s request legitimate?

1. Yes, you cannot penalize the contactor for price escalations due to force majeure.
2. Yes, unless there is no Economic Price Adjustment provision in the contract.
3. No, the price of the contract is fixed and cannot be changed.
4. No, the price hike due to recession must be adjusted against the contractor’s profit.

Q3. Mary is managing an organizational transformation project. The nature of the project would require responding to high levels of change and would also require continuous stakeholder engagement. Which of the project lifecycles should be chosen for this project?

1. Predictive life cycle
2. Plan-driven life cycle
3. Waterfall life cycle
4. Adaptive life cycle

Q4. Your project team has identified a major project risk. After talking to the project management office, they determine that a reserve on the project is not necessary. What is the NEXT step?

1. List the time or cost overrun expected on the project in your project management plan.
2. Develop risk transference strategies.
3. Create a risk response plan that includes the risk.
4. Ignore he risk until it happens.

Q5. Barrier can influence communication when sending or receiving information. Which of the following is NOT a barrier?

1. Prejudices
2. Attitudes and emotions
3. Personality and interests
4. Feedback

Q6. A project team is worried that the integration of the components of the project will result in uncovering flaws. Instead of continuing their work, they are constantly looking for flaws to try to prevent their system from being the only one found o have flaws during integration. Quality and technical experts were called in to advise and found little possibility of errors for this project. An agreement was reached by all parties on what will be done to prevent errors. It might be BEST for the project manager to:

1. Smooth the situation
2. Compromise the situation
3. Tell the team to create quality testing plans
4. Let management know of the concern.

Q7. In order to facilitate project configuration and change management on complex projects, a project manager relies on configuration and change management tools. Such tools:

1. Can be manual or automatic; the selection depends on the project’s environment and requirements.
2. Must be manual; a complex project requires all change requests to be manually signed.
3. Must be automatic; a complex project requires complex change control procedures.
4. Change control must be manual, but the configuration control may be automatic.

Q8. Your project has successfully completed; the deliverable is handed over to the client, and you are in the close phase or project process. Which of the following activities will you not perform in the close phase or project process?

1. Update lessons learned
2. Release the resources
3. Acceptance of deliverables
4. All of the above

Q9. You are working on an information technology project as a project manager to develop a shopping website for your customers. Some key stakeholders in the project suggested scope changes to improve the website’s look and feel. Your team has analyzed the impact of these changes and presented the analysis to the Change Control Board (CCB) for approval. What should be your next step if the CCB accepts all proposed changes?

1. Implement the change request and update stakeholders
2. Review change control board decisions and inform stakeholders for their input
3. Conduct a team status meeting to update the progress on change requests
4. Revise cost estimates, schedule dates, resource requirements, and planning documents

Q10. The agile technique of on-demand scheduling is not suitable when:

1. Product deliverables can be incrementally developed.
2. Project requirements can be decomposed into smaller chunks that are relatively similar in size and scope.
3. Project tasks can be bundled by size and scope.
4. The use of a predictive lifecycle is mandated by the customer.